Stark survival warning from founder of Huawei about firm's prospects over the next ten years, amid global downturn and China economic woes
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News Enterprise
French Billionaire Allowed To Retain BT Stake After Security Review
No further action to be taken, after government's national security review of Patrick Drahi's increased stake in BT Group
Elon Musk Subpoenas Former Twitter CEO Jack Dorsey
Legal team of Elon Musk subpoenaes former Twitter CEO Jack Dorsey, for upcoming courtroom fight against Twitter's board of directors
Vodafone To Sell Hungarian Operation For $1.8bn
Vodafone to offload its Hungarian business for $1.8 billion, in a move that will create a telecoms leader in the country, owned in part by the government
Expert Questions Musk Twitter Bot Figures Amidst Legal Battle
Bot figure given by Elon Musk in legal battle over attempt to pull out of Twitter buy 'doesn't mean anything', says leading expert
More People Charged After 2017 Equifax Hack
US financial regulator charges three more people with insider trading concerning Equifax hack, after its former CIO was jailed over the same matter
UK’s CMA Begins Probe Of Viasat Acquisition Of Inmarsat
British competition regulator the CMA, begins phase one investigation of $7.3 billion merger between Inmarsat and Viasat
Elon Musk Wants Staff Names Of Twitter’s Bot Counters
Fight with Twitter, sees Elon Musk's legal team requesting names of those employees who calculate bot or spam account numbers
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
Dorsey’s Block To Cut Expenditures After Crypto Loss
Jack Dorsey-led Block, formerly Square, to cut hiring and investment target after Bitcoin volatility and slowing consumer demand drives down profits
Amazon To Buy Roomba Maker iRobot For $1.7bn
Amazon signs deal to buy Roomba maker iRobot for $1.7bn as it looks to expand on smart home offerings such as Alexa, Ring doorbells
Tinder Ditches Metaverse, Digital Coin Plans As Investors Swipe Left
Tinder parent Match Group suspends plans to develop metaverse-based dating and Tinder Coins after announcing disappointing third-quarter expectations
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
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Can You Trade Successfully in the UK Today?
It is a well-known fact that the stock markets are cyclical in nature. What goes up can (and will) come back down. This is one of the fundamental principles of trading, as investors often seek to purchase assets after a clearly bearish ...
Robinhood Axes 23 Percent Of Jobs, Dismisses Talk Of Sale
CEO confirms further job cuts at trading app Robinhood, with another 23 percent of staff set to be culled from the workforce
Bankrupt Celsius Network To Pay CFO $90,000 Per Month – Report
Cash strapped cryptocurrency lender Celsius Network wishes to bring back former CFO Rod Bolger and pay him $92,000 per month
NortonLifeLock, Avast Merger Gains UK Approval
The merger of NortonLifeLock (formerly Symantec) with London-listed Avast raises no competition concerns, the UK's CMA regulator confirms
Twitter Seeks Financial Evidence Against Elon Musk And Subpoenas Banks
Dozens of subpoenas issued by Twitter to a number of banks, to determine if Elon Musk allegedly conspired to scupper his $44bn deal
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
SEC Says Alibaba Could Be Delisted In New York
US financial regulator SEC says Chinese tech giant Alibaba at risk of delisting in New York over demand for compliance with US financial standards
Elon Musk Files Countersuit Against Twitter Over Deal
Delaware judge assigns 17 October start date for fast-tracked five-day trial as Twitter seeks to force Musk to follow through on deal
Amazon Posts Second Straight Loss After Rivian Stake Writedown
Another tech bellweather financial results show Amazon posting a second quarterly loss in a row, after a hefty reassessment of the value of its stake in Rivian
Apple Shrugs Off Economic Gloom, But Profit Slips
No slowdown in demand for iPhones says Apple despite negative macroeconomic indicators, as revenues rise 2 percent beating estimates
FTC Lawsuit To Block Meta Acquisition Of VR Developer Within
American regulator Federal Trade Commission moves to block Facebook parent Meta from acquiring virtual reality fitness app maker Within
Alphabet Misses Earnings Forecast, But Pleases With Strong Ad Performance
Narrow miss on quarterly results gives hope Alphabet is in a decent position to weather the economic slowdown impacting others
Meta Posts First Ever Revenue Decline, Amid Intense Pressures
CEO Mark Zuckerberg warns the economic downturn has arrived, as Meta misses earnings forecast and predicts another decline
Russia Fines Google $34m, After Last Week’s $358m Penalty
But will Google actual bother to pay? Russian watchdog claims Google abuses its dominant position in the video hosting market