Biden administration on Thursday makes its move to block Microsoft's $69bn acquisition of gaming giant Activision Blizzard
News Enterprise
Trial For Wirecard Executives Begins In Germany
Trial of former CEO and other managers begins in Germany, following spectacular collapse of Munich fintech Wirecard in 2020
Alphabet To Merge Waze And Google Maps Teams
CEO of Waze to depart Google after confirmation Waze and Google Maps teams will merge, as standalone Waze app to remain
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
Microsoft Promises 10-Year Sony PlayStation Deal
Microsoft offers Sony 10-year contract for Call Of Duty cross-platform release dates, to ease regulatory concern at Activision purchase
HM Treasury Finalising Crypto Industry Rules – Report
UK's Treasury is reportedly finalising sweeping new powers for Financial Conduct Authority to properly regulate the cryptocurrency industry
Parler And Kayne West Terminate Acquisition Deal
Owner of Parler and American rapper Kanye West (aka Ye) agree to terminate sale of the app, “in the interest of both parties”
Bitfront To Close Down, In Latest Crypto Failure
Latest casualty. Crypto exchange Bitfront confirms it is shutting down amid challenging crypto market, despite best efforts
Maersk, IBM Discontinue Blockchain Shipping Platform
TradeLens, a blockchain platform from shipping giant Maersk and IBM is to be discontinued, to due lack of commercial viability
Crypto Lender BlockFi Files For Chapter 11 Bankruptcy
FTX collapse cited, as cryptocurrency lender BlockFi files for Chapter 11 bankruptcy protection in New Jersey court
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
Aveva Shareholders Accept Schneider’s £9.9bn Takeover Offer
Cambridge-based engineering software firm Aveva acquired by France's Schneider Electric for £9.9bn pounds ($11.9bn)
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
HP To Layoff 4,000 To 6,000 Staff Over Next Three Years
Smaller still. Thousands of job cuts are coming to HP's global workforce, in addition to the 9,000 jobs it axed three years ago
UK Competition Watchdog Probes $61bn Broadcom-VMware Buy
UK follows EU in launching initial investigation of $61 billion Broadcom deal to buy VMware amidst closer attention to big tech deals
Most Twitter Staff Refuse Musk Ultimatum – Report
Reports suggest 75 percent of Twitter's remaining staff refused Musk's “hardcore” ultimatum, as offices are closed until Monday
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
Elon Musk To Find New CEO For Twitter, Backtracks Over SEC Insults
Twitter boss Elon Musk says he will eventually find new leader for Twitter, as former CEO Jack Dorsey rules out return
UK Government Blocks Newport Wafer Fab Acquisition, Citing National Security
Dutch chipmaker Nexperia (owned by a Chinese firm) is ordered to sell majority stake in Newport Wafer Fab on national security grounds
Elon Musk Demands Twitter Staff Agree To Long Hours In ‘Hardcore’ Email
Twitter staff ordered in Musk ultimatum email to choose to work “long hours at high intensity” or leave. They have until Thursday to decide
Amazon Launches Virtual Health Clinics In US
The doctor will see you now. E-commerce giant Amazon launches virtual doctor surgery in the US for people's common ailments
Failed FTX Exchange Could Have A Million Creditors
As regulators begin investigations into FTX's bankruptcy, filings indicate the failed crypto exchange could have 1 million creditors
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
Elon Musk Fires Majority Of Twitter’s External Contractors
More firings. Elon Musk reportedly axes 4,400 of 5,500 external contractors that worked on Twitter's content moderation
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
FTC Closely Watching Developments At Twitter, As More Resign
Elon Musk raises possibility of bankruptcy at Twitter, as entire privacy and compliance team resigns prompting FTC warning
More Twitter Departures As Security Boss Resigns
Exodus at Twitter continues, after security chief Lea Kissner confirms resignation from the microblogging platform
President Biden Says Elon Musk Relationships With Other Countries ‘Worth Looking Into’
National security threat? President Biden says Elon Musk's relationships with other countries “is worthy of being looked at”
Crypto Market Rocked As Binance Drops FTX Rescue Deal
Cryptocurrency prices plunge after crypto exchange platform Binance withdraws from purchase of its failing rival FTX Trading
EU Follows UK, Begins Deeper Probe Of Microsoft Activision Deal
Europe's deeper investigation of Microsoft's Activision purchase begins, months after UK began its phase 2 probe in September