American mobile operator AT&T said to be exploring possible sale of its cybersecurity division, formerly known as Alienvault
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China Overhauls Overseas, Domestic IPO Rules
China introduces major overhaul of rules governing IPOs on mainland and overseas exchanges, following years-long crackdown
Avaya Files For Chapter 11 Protection, Again
Filing for bankruptcy protection will allow cloud comms provider Avaya to reduce its total debt burden to manageable levels
Funding Round Values China EV Maker Zeekr At $13bn
Geely electric vehicle brand Zeekr valued at $13bn following latest external funding round, as company prepares for possible IPO
Google Shares Still Down After Bard AI ChatBot Blunder
Shares in Alphabet still down, days after launch of Google's AI powered chatbot was blighted by demo of flawed response
Intel Now Seeks $10 Billion State Aid For German Factory – Report
Chip giant Intel reportedly increases the funding requirement from German government for planned Magdeburg chip factory
UK Watchdog Finds Microsoft’s Activision Deal Could Hurt Gamers
British watchdog CMA becomes first global regulator to conclude Microsoft’s proposed acquisition of Activision is anti-competitive
ARM Boss Committed To Public Listing In 2023
Chief executive Rene Haas says ARM is committed to an initial public offering this year, and plans are “underway now”
Google ‘Invests $300m’ In AI Start-Up Anthropic
OpenAI competitors Anthropic and Cohere raising hundreds of millions as tech giants seek foothold in generative AI sector
Australian Start-Up To Take Over Battery Maker Britishvolt
Australian battery start-up Recharge Industries reaches deal with administrators to take over collapsed UK battery venture Britishvolt
Alphabet Earnings Miss Expectations, As YouTube Declines
Google parent Alphabet has felt the impact of reduced advertising spending, after its latest financials mostly missed Wall Street expectations
Amazon Posts Annual Loss Amid Restructuring
Worse than anticipated earnings for Amazon on Thursday, amid difficulties after pandemic boom and 18,000 job losses
Apple Disappoints By Missing Wall Street Expectations
Financial results from Apple highlight weakening consumer demand, as it insists iPhone production problems are over
Meta Pleases Investors With ‘Year Of Efficiency’ Pledge
After heavy Metaverse spending in 2022, Mark Zuckerberg points to cost savings in 2023 after big drop in profits in 2022
UK Government Details Plan To Regulate Crypto, Post FTX
HM Treasury reveals 'ambitious plans' to protect consumer and businesses by 'robustly regulating cryptoasset activities'
PayPal To Axe 7 Percent Of Workforce
More job losses as PayPal announces plan to lay off 2,000 staff amid “challenging macroeconomic environment”
Tech Nation To Shut Down After Government Pulls Grant
UK start-up backer Tech Nation to shut down operations after government awards critical grant to Barclays digital incubator
Spotify Beats Estimates, But Losses Soar
Spotify beats analysts' estimates on user and subscriber growth, but podcast investment strategy sees ballooning losses
Recharge Industries Makes Surprise Bid For Britishvolt – Report
Aussie battery startup Recharge Industries reportedly makes non-binding offer for collapsed UK battery firm Britishvolt
Twitter Ad Spending Fell Over 70 Percent In December – Report
New data suggests advertisers continue to shun Elon Musk's Twitter, as another report states there are now just 550 engineers remaining
UK Watchdog Opens Investigation Of $61bn Broadcom-VMware Buy
After initial review of Broadcom’s $61 billion (£51bn) acquisition of VMware, UK regulator confirms phase 1 investigation
Microsoft Seals Multi-Billion Dollar Deal With OpenAI
Microsoft expands relationship with start-up OpenAI in multi-billion dollar deal, in major bet that AI can transform its offerings
Refurbished versus Remanufactured: What’s the Difference and Why Does it Matter?
Second-hand products have seen a surge in popularity of late as businesses and consumers alike look to save money and live more sustainably. The technology industry hasn’t been without its own mini revolution, seeing refurbished goods ...
Musk Says Twitter To Launch Ad-Free Subscription
Elon Musk says Twitter to offer premium subscription tier without advertising, as company seeks new revenue sources
Crypto Lender Genesis Files For Chapter 11
Another victim of the fallout from FTX collapse, as crypto lender Genesis files for Chapter 11 bankruptcy protection
Feds Arrest Russian Founder Of Crypto Exchange Bitzlato
Bitzlato crypto exchange founder arrested in US for money laundering, and charged with $700m financial crimes
Elon Musk ‘Lied’ With Tesla Privatisation Tweet, Alleges Attorney
Trial begins in San Francisco between Elon Musk and Tesla shareholders over his controversial “privatisation” tweet in 2018
FTX Claims $415m Crypto Was Hacked
FTX has now identified roughly $5.5 billion worth of digital assets for recovery, but said $415m has been hacked
Twitter Auctions Off Office Furniture, Fixtures And Fittings
Surplus to requirements or cost cutting? Elon Musk is selling office furniture, coffee machines, and even statue of famous bird logo
Britishvolt Calls In Administrators, After Months Of Struggle
Despite staff at battery start-up Britishvolt in Northumberland taking a pay cut last year, the firm has now filed for administration