Parler social networking app, favoured by the right-wing in the US, is to be acquired by controversial rapper Ye (Kanye West)
TECHNOLOGY POWERING BUSINESS
News Enterprise
UK To Probe Viasat’s Inmarsat Acquisition
In-depth phase two investigation of Viasat's Inmarsat deal officially confirmed by UK regulator, after finding competition concerns last week
Elon Musk Under Federal Investigation, Says Twitter
US federal authorities are allegedly investigating the “conduct” of Elon Musk during his on, off, on again acquisition of Twitter
Sony Influenced UK Activision Blizzard Probe, Says Microsoft
Microsoft fires back at its gaming rival Sony, alleging its objections were used by UK's regulator to justify phase 2 probe
UK Flags Concern Over Viasat Purchase Of Inmarsat
British competition regulator, the CMA, to deepen investigation, after finding merger could lead to higher Wi-Fi prices for airlines
Judge Delays Trial, As Musk Says Twitter Won’t Take Yes For Answer
Elon Musk says Twitter won't take yes for answer, as judge rules he must complete acquisition by 28 October to avoid a trial
Sentence For Capital One Hacker Slammed By US DoJ
“This is not what justice looks like,” says DoJ official, as judge issues probation sentence for hacker Paige Thompson (aka erratic)
SWIFT Publishes Blueprint For Central Bank Digital Currency
Digital currency solution for the world? Potential blueprint for digital currencies offered by central banks published by SWIFT
Elon Musk Halts Fight, Agrees To Buy Twitter At Original Asking Price
Huge u-turn by Elon Musk less than a fortnight before his courtroom showdown, after now agreeing to buy Twitter at previously agreed price
Government Again Delays Decision On Newport Wafer Fab
Another delay to the government making a decision whether to allow a Chinese entity to acquire UK's largest chip factory
Vodafone Confirms Merger Talks With Three UK
Potential merger between the UK's third and fourth largest mobile networks will likely face intense regulatory scrutiny
Amazon Raises Pay For US Warehouse Workers, Drivers
The wage packets for Amazon warehouse workers and transportation drivers will get a welcome increase, in the United States at least
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
Oracle To Pay $23 Million To Settle SEC Bribery Case
Software giant Oracle is not admitting or denying wrongdoing, but is to pay $23m to settle a second SEC bribery case
Aveva Investors To Reject ‘Opportunistic’ Schneider Takeover Bid
Two major investors in Cambridge-based Aveva say they will vote against £9.5bn Schneider offer, saying it underrates long-term value
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
Adobe Defends ‘Transformative’ $20bn Deal For Figma
Adobe defends 'transformative' deal to buy collaborative design start-up Figma for $20bn in record-breaking acquisition as investors balk
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
No Concessions From Microsoft, Amid Activision Purchase Concern
Microsoft tells UK's CMA it will not offer any 'undertakings' to resolve regulator's competition concerns, prompting start of indepth probe
Twitter Shareholders Approve Musk’s $44bn Takeover
Bit of a moot point? Twitter shareholder vote overwhelmingly in favour of Elon Musk's $44 billion takeover deal
Twitter Says Latest Musk Termination Attempt ‘Wrongful’
Twitter says latest notice by Elon Musk to terminate buyout agreement is 'invalid and wrongful' as whistleblower testifies before Congress
Alphabet Life Sciences Unit Verily Gets $1bn Investment
Verily Life Sciences raises $1bn in investment round led by parent Alphabet as it seeks to compete with tech giants in health sector
Twitter Agreed To Pay Whistleblower $7m – Report
Settlement for $7 million between Twitter and Peiter “Mudge” Zatko was made days before former security boss filed his whistleblower complaint
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
UK Again Delays Chinese Purchase Of Newport Wafer Fab
More delays to the national security probe into the acquisition of Newport Wafer Fab by a Chinese owned entity
UK Watchdog Deepens Probe Into Microsoft’s $69bn Activision Purchase
British Antitrust watchdog, the CMA, is concerned Microsoft's purchase of gaming giant could “substantially lessen competition”
Elon Musk Seeks Court Delay After Twitter Whistleblower Claims
Legal team of Elon Musk seeks to delay October trial until November, in light of whistleblower claims of serious vulnerabilities at Twitter
Amazon Shuts Down Amazon Care In ‘Strategic’ Healthcare Move
Amazon's move to shut down health service Amazon Care seen as strategic move as it refocuses its efforts following acquisition of One Medical, analysts say
Tech Investors Mull Newport Wafer Fab Rescue Bid – Report
Amid a national security review, British chip executives are reportedly preparing a rescue bid for Welsh chip firm Newport Wafer Fab
Twitter Ordered To Hand Over Data To Elon Musk
'Absurdly broad' requests by Elon Musk mostly rejected by judge, but Twitter does have to hand over audit data from 9,000 users