Windows and Xbox declines for Microsoft, which blames economic turmoil as its strong furth quarter earnings misses some analyst forecasts
News Enterprise
OneWeb Confirms Merger With Eutelsat
UK government welcomes merger of OneWeb and Eutelsat as positive news for UK taxpayers, and confirms it will retain national security overwatch
Amazon Buys Health Care Provider One Medical For $3.9bn
Amazon's deal to purchase One Medical for $3.9 billion a test for US lawmakers and regulators who have vowed to rein in power of big tech
Twitter Reports Loss As ‘Uncertainty’ Weighs On Business
Twitter reports $270m loss for three months to June amidst advertising slowdown, as it prepares court battle to force Elon Musk to complete takeover
UK Blocks China Licensing Sensor Tech From Manchester University
Chinese firm blocked from licensing British vision technology developed by Manchester University, under national security grounds
Samsung Seeks Tax Breaks On Future Chip Factories In Texas
South Korean giant Samsung begins application for tax breaks on 11 potential chip manufacturing facilities in Texas, ahead of US CHIPS Act
Tesla Sells 75 Percent Of Bitcoin Holdings
Bitcoin price slides after Elon Musk says cryptocurrency sale was to maximise Tesla's cash position after a shaky second quarter
Twitter Wins Battle To Fast Track Elon Musk Lawsuit
Twitter will face Elon Musk in a Delaware courtroom in October, over his attempt to 'terminate his $44 billion takoever of the platform
CMA To Reconsider Order For Meta To Sell Giphy
UK competition regulator, the CMA, tells Silicon UK it has agreed to reconsider over next three months its ruling to Meta to sell off Giphy
An Introduction to CFD Trading: What Budding Traders Need to Know
There are countless ways traders can place potentially lucrative trades. Each is associated with unique benefits and naturally, has some potential risks. Having said that, one increasingly popular method is known as CFD trading. Ho ...
Elon Musk Seeks To Block Twitter’s Request For Speedy Trial
No surprise in Twitter showdown, as Elon Musk files motion with US court to oppose platform's request for trial to be fast-tracked
Celsius Network Files For Bankruptcy Protection
Troubled cryptocurrency lender Celsius Network confirms it has filed for bankruptcy protection as it seeks to restructure
Twitter Begins Legal Action Against Elon Musk
Well...he was warned. Twitter sued Elon Musk on Tuesday to force him to complete his $44bn acquisition of social media platform
Celsius ‘Deeply Insolvent’, US State Regulator Believes
Vermont regulator warns crypto lending firm Celsius “lacks the assets and liquidity to honour its obligations to account holders and other creditors”
Rivian To Brief Staff About Restructuring, Potential Layoffs
More bad news for jobs? Staff at Rivian are to be briefed this week about restructuring and potential layoffs at the electric truck maker
Twitter Hits Back At Musk, Insisting No Breaches Occurred
Elon Musk "knowingly" breached the acquisition agreement Twitter says, as it fires back at the world's richest man and former suitor
Twitter Board Vows To Pursue Musk, Who Mocks Legal Threat
Twitter's board of diectors vows to pursue legal action against former suitor Elon Musk, who responds with openly mocking memes
Google Offers To Spin-Off Ad-Tech Unit – Report
Alphabet unit previously labelled the DoJ antitrust lawsuit 'deeply flawed', but now it is reportedly offering concessions
Elon Musk Tells Twitter He Is ‘Terminating’ $44Bn Acquisition
No surprise? Elon Musk announces ending of his $44bn (£36bn) bid to buy Twitter, alleging multiple breaches of legal agreement
Elon Musk’s Acquisition Of Twitter In ‘Serious Jeopardy’ – Report
Takeover of Twitter by Elon Musk is in “serious jeopardy” according to one report, despite Twitter suspending one million fake spam accounts every day
Facebook Demands Old FTC Documents In Antitrust Battle
Fresh development in Meta's battle against US regulator, seeking to force Facebook to divest itself of WhatsApp and Instragram
Fate Of Newport Wafer Fab Uncertain, As Government Delays Sale Decision
Government delays decision over whether the UK's largest maker of chips can be purchased by Dutch firm, which is Chinese-owned
UK Regulator Begin Probe Of Microsoft’s Activision Buyout
The CMA confirms start of investigation into Microsoft's $69 billion purchase of leading gaming holding company Activision Blizzard
French Music Service Deezer Slumps On Market Debut
Spotify and Apple Music competitor Deezer falls below opening price after long-delayed IPO in Paris as SPAC strategy fails to excite investors
Foxconn Expects Stronger Sales In Spite Of Economic Gloom
iPhone manufacturer Foxconn revises full-year expectations upward amidst strong consumer and data centre demand, bucking turbulent conditions
Samsung ‘To See Profits Jump’ On Data Centre Demand
Industry analysts expect Samsung's profits to jump 15 percent for the second quarter as strong data centre demand offsets smartphone slump
Bitcoin Falls Below $19,000, But Recovers Slightly Friday
Ominous sign for crypto markets? The value of Bitcoin dropped over 6 percent to below the $19,000 mark on Thursday, but bounced back a bit on Friday
Xerox CEO John Visentin Dies, Aged 59
Rest in peace. Printer giant Xerox confirms vice chairman and CEO John Visentin has unexpectedly died, aged just 59 years old
Taiwan Developing Own Digital Currency – Report
Central bank of Taiwan confirms it is still working on its digital currency, but has not revealed any timeframes as of yet
Toshiba Adds Activist Board Members In Shift Toward Privatisation
Toshiba shareholders approve addition of two board members from large activist investors, adding momentum to potential buyout plans