Apple, Alphabet, Intel, Samsung etc sign up as investors in ARM's upcoming IPO, as management lowers listing valuation
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Mastercard Ends Binance Card Partnership
Latest blow to crypto giant as Mastercard ends Binance-branded cards in certain regions, following similar move by Visa
Nvidia Reaps AI Chip Demand As Profit Surges
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FTX’s Sam Bankman-Fried Surviving On ‘Bread And Water’
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SoftBank Acquires Vision Fund ARM Stake At $64bn Valuation
Japan's SoftBank acquires 25 percent ARM stake from its Vision Fund unit in deal that values UK chip designer at $64bn, ahead of planned IPO
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UK Launches £1 Billion FinTech Fund
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Vietnam’s VinFast Car Maker Overtakes GM, Ford After IPO
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Foxconn Touts ‘Billions’ Of Dollars Investment In India
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Binance Seeks Protection From US Financial Regulator
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FTX’s Sam Bankman-Fried Sent To Jail Over Witness Tampering
FTX's Sam Bankman-Fried sent to jail in the US after judge revokes his $250 million bail over witness tampering
Apple, Amazon In Talks To Invest In ARM – Report
Amazon and Apple reportedly in talks with British chip designer ARM Holdings to be 'anchor investors' before September IPO
Kenya Halts Worldcoin Data Collection, Citing Privacy
Setback for Sam Altman's Worldcoin cryptocurrency project in Africa, as Kenya halts its iris-scanning data collection scheme
Apple Shares Fall, Amid Weak iPhone Sales
Solid Q3 results from Apple all things considered, but weak iPhone sales and outlook statement by CFO, dampens investor hopes
ARM Targets $60 Billion Valuation For IPO
Owner Softbank seeks valuation of $60 to $70 billion for September IPO of British chip designer ARM Holdings
Campaign Finance Charge Against FTX’s Sam Bankman-Fried Dropped
Federal prosecutors drop another charge against FTX co-founder Sam Bankman-Fried, due to extradition agreement with Bahamas
Samsung Extends Chip Production Cuts After $7 Billion Loss
Electronics giant extends production cuts of memory chips after $7 billion loss in first half of 2023, but says the worse is over
Listed US Firms Must Disclose Cyber Breaches In Four Days
US financial regulator adopts new rules to require publicly traded companies to disclose hacking incidents in just four days
Alphabet CFO Steps Aside, As Q2 Profit Beats Expectations
CFO Ruth Porat to take charge of Google's 'Other Bets' portfolio, as second quarter profit beat expectations
Microsoft Signals Heavy AI Spending, Amid Healthy FY23 Results
Software giant beats Wall Street Q4 expectations, as firm details heavy spending to meet demand for AI services
FTX’s Sam Bankman-Fried Sued For More Than $1Bn
FTX files lawsuit against former CEO, seeking to recoup more than $1 billion, and alleging funds were used to cover his legal defence
Celsius Founder Alex Mashinsky Arrested, Charged
Alexander Mashinsky, founder and CEO of bankrupt Celsius Network has been arrested and charged by US authorities
FCA CEO Warns Of AI Disruption To Financial Services Sector
Head of financial regulator warns of threat posed by AI for online fraud and cyber risk, as UK seeks leadership for AI rules
Nvidia In Talks To Be Anchor Investor In ARM – Report
GPU powerhouse reportedly in talks with British chip designer ARM, ahead of its September floatation in New York
Samsung Warns Of 96 Percent Q2 Profit Plunge
Ongoing glut in chips sees Samsung warn that its second quarter profits are likely to plunge a staggering 96 percent
Salesforce Invests $4 Billion In UK Amid AI Push
CRM giant Salesforce confirms it will invest $4bn in its UK business over the next five years, in the face of strong demand for AI
Intel Restructures Manufacturing Business, Shares Slide
During investor update, Intel confirms manufacturing business will work like a separate unit as part of Pat Gelsinger's foundry plan
Terra Co-Founder Do Kwon Prison Sentence
Court in Montenegro jails Terraform Labs founder Do Kwon and CFO for four months, for forging official documents
Microsoft Reaches $2.6 Trillion Valuation Thanks To AI
Software giant Microsoft breaches $2.6 trillion valuation, but Apple remains the most valuable publicly listed tech company
ARM In Talks With Potential IPO Investors – Report
Talks with potential 'anchor investors' in ARM's upcoming IPO may include Intel, Alphabet, Apple, Microsoft, TSMC, Samsung etc