Whitney Wolfe Herd, chief executive and founder of women-first dating app Bumble, to step down after nearly 10 years
TECHNOLOGY POWERING BUSINESS
News Enterprise
WeWork Files For Bankruptcy Protection In US
WeWork, once valued privately at $47bn and seen as future of workplace, files for bankruptcy in US amidst heavy losses
Chinese AI Start-Up Achieves $1bn Valuation In Eight Months
Beijing-based AI start-up 01.AI, founded by computer scientist Kai-Fu Lee, valued at more than $1bn less than eight months after founding
Sam Bankman-Fried Found Guilty On All Charges
Former crypto billionaire Sam Bankman-Fried found guilty of all charges for his role in the collapse of FTX and Alameda Research
Apple Disappoints As FY23 Results Decline
Declines for Mac, iPads and wearables, home and accessories, plus gloomy holiday season outlook, dents Apple's Q4 and full year results
Sam Bankman-Fried Trial Nears End After Closing Remarks
Criminal trial of FTX's Sam Bankman-Fried enters the final stretch, after closing arguments from prosecution and defence teams
Vodafone To Exit Spain With Sale Of Spanish Arm To Zegona
Mobile giant confirms it will sell Vodafone Spain to Zegona for $5.3 billion (£4.4bn), in another restructuring move by new CEO
Western Digital To Split Into Two After Walking Away From Kioxa Merger
Western Digital to split into flash memory and hard disk companies after walking away from stalled merger talks with Kioxa last week
Bankman-Fried Says He Acted On Legal Advice
FTX founder and former CEO Sam Bankman-Fried testifies lawyers were involved in his key decisions at bankrupt exchange
Silicon UK Pulse: Your Tech News Update: Episode 24
Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 27/10/2023.
Sam Bankman-Fried Begins Defence In FTX Fraud Trial
FTX fraud battle sees defence begin case for Sam Bankman-Fried, after damning prosecution witnesses testimony
Meta Profit Soars From Ongoing Strong Ad Spending
Meta Platforms beats expectations in its Q3 financials, helped by an ongoing uptick in digital ad spend and cost cutting measures
Alphabet Profits But Cloud Sales Disappoints
Share price drops after Google Cloud miss, overshadows better-than-expected results for Alphabet's third quarter
Microsoft Q1 Benefits From Cloud Strength
Microsoft beats Wall Street expectations in all categories for its first quarter financial results, helped by strong cloud performance
Microsoft To Invest Billions To Bolster Australian Cyber Defences
Microsoft to spend A$5 billion ($3.2 billion) to expand AI and cloud capabilities in Australia, to help bolster skills and cyber security
Silicon UK Pulse: Your Tech News Update: Episode 23
Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 20/10/2023.
FTX Engineer Testifies To Lavish Spending In Bankman-Fried Trial
Sam Bankman-Fried directed political donations and spent $1.13 billion on celebrities and sponsorships, Nishad Singh testifies
Binance Stops Accepting New UK Users, Citing Regulations
New regulations in the UK cited as reason for Binance decision to stop accepting new customers in United Kingdom
Space Start-Up Investment Sees Third-Quarter Growth
Investment in space start-ups sees growth in third quarter for first time in more than a year as investors look for safe bets
Microsoft Completes $75bn Activision Blizzard Buyout
CMA criticises Microsoft's conduct during antitrust probe after structural change to deal allows it to clinch regulatory approval
Equifax Fined By UK Watchdog Over 2017 Data Breach
UK's financial watchdog fines Equifax £11.2m for failure to protect UK consumer data in one of the largest ever cyber security breaches
UK Regulator Approves Microsoft’s Activision Blizzard Purchase
After protracted regulatory scrutiny, final hurdle removed for Microsoft's acquisition of Activision after UK grants approval
Silicon UK Pulse: Your Tech News Update: Episode 22
Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 13/10/2023.
Microsoft Owes $29 Billion In Back Taxes, IRS Claims
US government alleges Microsoft owes $29 billion in back taxes, but Redmond disagrees and say it will go to court over the matter
Caroline Ellison Testifies Against FTX’s Sam Bankman-Fried
US star witness Caroline Ellison testifies she and former boss and boyfriend Sam Bankman-Fried defrauded customers, investors, lenders
AMD To Buy AI Startup As Nvidia Battle Heats Up
US chipmaker AMD is to acquire startup Nod.ai for undisclosed amount, as AI competition against rival Nvidia ramps up
Mike Lynch Seeks Dismissal Of US Fraud Case
Founder of Autonomy, Dr Mike Lynch, files legal challenge to have US criminal fraud charges against him thrown out
FTX Co-Founder Testifies Against Sam Bankman-Fried
SEC star witness and FTX co-founder Gary Wang testifies that he and Sam Bankman-Fried committed crimes and lied to public
SEC Seeks To Force Elon Musk Testimony Over Twitter Purchase
US regulator sues Elon Musk, alleging he didn’t comply with federal subpoena to testify on 15 September in Twitter purchase investigation
BlackBerry To Separate Business Units, Seeks IPO
Strategic review sees BlackBerry confirm it will separate its Internet of Things (IoT) and cybersecurity business units