British government reportedly makes fresh attempt to convince ARM owner Softbank for public listing in London
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Tesla Seeks $776m Expansion Of Texas Gigafactory
After China factory issues, application is filed to expand Tesla gigafactory in Texas, costing hundreds of millions of dollars
UK Mulls Cryptocurrency Version Of Sterling
Government minister confirms UK is progressing a digital pound, following similar digital currency moves in India, Taiwan and elsewhere
US Bank Silvergate Covers $8bn In Crypto Withdrawals
US bank Silvergate hit by more than $8 billion in customer crypto withdrawals in late 2022 amidst 'rapid changes' in industry
South Korea Looks To Expand Tax Cuts For Chip Firms
South Korean government wants to expand capex tax cuts for chip companies to as high as 25 percent in revision of bill passed only last week
TSMC Triples Arizona Factory Investment To $40 Billion
President Joe Biden is to visit TSMC chip plant in Arizona after Taiwanese firm prepares to more than triple its investment to $40 billion
MPs Urge Government Support For Chip Industry
MPs urge government to publish delayed semiconductor strategy as US, EU and China push ahead with chip plans
EU Countries Agree 45bn Euro Chip Production Plan
European chip production subsidies. Agreement from EU countries to a 45-billion-euro ($46.6 billion) fund to encourage local chip production
Lawsuit Against FTX Founder, As New Boss Slams Previous Management
Class action lawsuit launched against Sam Bankman-Fried, as new FTX CEO slams previous corporate management practices
Amazon’s Jeff Bezos To Give Away Most Of Fortune
Founder of Amazon and one of the richest men in the world, promises to give away vast majority of his $124bn (£110bn) fortune
FTX Crypto Exchange Files For Bankruptcy, CEO Resigns
Chapter 11 for cryptocurrency exchange FTX, after it failed to secure rescue bid and additional funding. CEO Sam Bankman-Fried resigns
Britishvolt Secures Funding For Five Weeks
Staff at battery start-up Britishvolt in Northumberland take a pay cut, after it secures five-week funding lifeline
Electric Vehicle Battery Start-Up Britishvolt ‘Near Collapse’
UK electric vehicle battery start-up Britishvolt said to be near to entering administration as funding talks reach dead end
Intel’s Mobileye Raises $861m In Nasdaq IPO
Shares in Intel's self-driving firm Mobileye Global rose 30 percent after successful public listing on the Nasdaq
Intel Slashes Mobileye IPO Valuation To Below $16 Billion
Chip giant Intel significantly lowers valuation for its self-driving car unit Mobileye Global, ahead of public listing on the Nasdaq
Intel Mulls Lower Valuation For Mobileye IPO – Report
Intel is reportedly eyeing a 'significantly lower' IPO valuation than previously expected for its self-driving car unit Mobileye Global
Elon Musk Lawyers Appeal To Remove SEC Tweet “Muzzle”
Legal fight by Elon Musk continues, as he seeks to free himself from the 2018 agreement with the US SEC for a Tesla lawyer to vet his tweets
ByteDance Plans Share Buy-Back As IPO Stalls
Planned share buy-back values TikTok owner ByteDance at $300bn, making it one of world's most valuable start-ups, as IPO plans stall
Celsius Seeks Permission To Sell Stablecoin Assets
Bankrupt cryptocurrency lender Celsius Network files request to sell its stablecoin assets, as it seeks funds to continue operations
US Bans Tech Firms From Building Chinese Factories
US Chips and Science Act (Chips). Biden administration tells those receiving federal funding they will not be allowed to invest in China
Meta Raises $10 Billion In Bond Offering
First ever bond offering sees Facebook parent Meta Platforms raise $10 billion, as it seeks to bolster finances, amid heavy Metaverse spending
Elon Musk Sells Tesla Shares Worth $6.9 Billion
Tesla CEO Elon Musk admits he could need the funds if he loses legal showdown with Twitter and is forced to purchase the platform
SoftBank Sells Off Uber Stake, Cuts Vision Fund Staff
Japan's SoftBank sells off Uber stake, plans to cut staff at flagship Vision Fund investing arm as market turmoil leads to steep quarterly losses
Deezer ‘Set For German Expansion’ After IPO Slump
Deezer to use funds from July IPO in Paris to expand into Germany in partnership with RTL as it seeks to replicate success in France and Brazil
Italy, Intel Close To $5bn Chip Factory Agreement
Increase In European chip production? Agreement for Intel semiconductor packaging and assembly factory in Italy reportedly nudges closer
Alibaba Will ‘Strive’ To Maintain New York Listing
Alibaba says it will 'strive' to maintain its New York Stock Exchange listing after SEC adds it to list of Chinese companies facing delisting
Samsung Seeks Tax Breaks On Future Chip Factories In Texas
South Korean giant Samsung begins application for tax breaks on 11 potential chip manufacturing facilities in Texas, ahead of US CHIPS Act
Celsius Network Files For Bankruptcy Protection
Troubled cryptocurrency lender Celsius Network confirms it has filed for bankruptcy protection as it seeks to restructure
Twitter Hits Back At Musk, Insisting No Breaches Occurred
Elon Musk "knowingly" breached the acquisition agreement Twitter says, as it fires back at the world's richest man and former suitor
French Music Service Deezer Slumps On Market Debut
Spotify and Apple Music competitor Deezer falls below opening price after long-delayed IPO in Paris as SPAC strategy fails to excite investors