Google subsidiary in Russia has its local bank account seized by authorities, and responds by announcing intention to file for bankruptcy
News Enterprise
Twitter Board To ‘Enforce’ Elon Musk Merger Agreement
Legal action ahead? Elon Musk's takeover agreement of Twitter will be enforced says board of directors, as deal remains 'on hold'
Twitter Fights Back Over Musk Bot Allegations
Twitter chief executive Parag Agrawal defends company's estimates of fake accounts as Elon Musk says renegotiating deal not 'out of the question'
Elon Musk Puts Twitter Takeover On Hold
Twitter's share price falls 18 percent after Elon Musk places his takeover on hold, until more data is provided about fake accounts on the platform
Cryptocurrency Crash Continues As Ethereum, Luna Plummet
After Bitcoin suffers major crash this week, Ethereum, Luna, terraUSD and other cryptocurrencies plunge, wiping $200 billion off entire market
Vodafone In Merger Talks With Three UK – Report
Vodafone is reportedly in talks to merge its UK operations with Three UK, which is owned by Hong Kong-based CK Hutchison Holdings
Apple No Longer The Most Valuable Company In World
Oil giant Aramco has overtaken Apple as the most valuable company in the world, amid a decline in the iPhone maker's share price
Funding Round Values Cryptocurrency Exchange KuCoin At $10bn
New $150m funding round values Seychelles-based cryptocurrency exchange KuCoin at $10bn amidst soaring investment in 'web3' ventures
Bitcoin Falls 50 Percent From November High
Bitcoin, other cryptocurrencies slump amidst broader stock market sell-off amidst central bank interest rate hike and economic uncertainty
German Government Touts $14.7bn State Aid For Chip Factories
Minister in German government says the country wants to attract chip makers with 14 billion euros ($14.71 billion) in support
Netflix Sued By Shareholders Over Subscription Disclosure
Disgruntled Netflix shareholders are suing streaming giant Netflix, alleging it misled the market after a significant drop in subscriber numbers
German Minister Urges Tougher EU Antitrust Action
Must get tougher? German minister urges EC to consider breaking up companies for serious antitrust breaches, amid antitrust reform proposals
Musk Touts ‘Slight Cost’ For Business Use Of Twitter
Twitter for 'casual users' will remain fee, tweets Elon Musk, but businesses using Twitter will be subjected to 'slight fee'
Alibaba Shares Briefly Plunge After Report About ‘Ma’
Alibaba Hong Kong shares briefly drop after ambiguous state media report about individual named 'Ma', as government strives to calm investor jitters
Musk ‘In Talks’ With Potential Partners For Twitter Financing
Elon Musk reportedly in talks with large investment firms and wealthy individuals to help fund the cash portion of massive $44bn Twitter buyout
Apple Profits Surge, As Firm Warns Of Trouble Ahead
No interruption for the Apple gravy train, as it shrugged off supply chain troubles. However it forecasted bigger problems ahead
Tesla’s Elon Musk Sells Shares Worth $4bn, Promises No More
Elon Musk sells $4 billion of Tesla shares to help in his Twitter takeover, but indicates no further Tesla share sales are planned
Amazon Posts First Net Loss Since 2015, Amid Challenging Market
Disappointing results from Amazon with first loss since 2015, as inflation, fuel and warehouse costs and supply chain turmoil take their toll
Online Safety Bill May Pose Risk To Startups, Suggests Regulator Boss
UK's forthcoming online safety bill risks stifling start-ups, the UK tech regulator chief who will help oversee its eventual implementation
Meta Pleases Investors After Daily User Number Growth Returns
Shares in Meta rose 20 percent in relief with modest daily and monthly user growth, despite mixed financial results in the first quarter
Anger As Musk Engages With Tweets Criticising Twitter Execs
Bad form? Controversy over Elon Musk's Twitter takeover continues, after he engages with critical tweets of two high-ranking Twitter staffers
Alphabet Profit Slides As YouTube Misses Expectations
Tech giant posts mixed first quarter results, as Alphabet contends with rising inflation, increased YouTube competition, and falling ad spend
Musk Buys Twitter: Industry Reaction
Support and opposition to Elon Musk's takeover of Twitter has been mixed, so what has been the reaction of industry experts?
Jack Dorsey Backs Elon Musk’s Twitter Takeover
Co-founder and former CEO Jack Dorsey backs Elon Musk's takeover of Twitter, as users and human rights group express concern
Twitter CEO Tells Staff Future Is Uncertain
Company wide town hall meeting sees CEO Parag Agrawal tell Twitter employees future direction of the platform is uncertain
Meta Begins Appeal Against UK Order To Sell Giphy
Closely watched appeal. UK's Competition and Markets Authority (CMA) says it will defend its Giphy sale order 'vigorously'
Twitter To Be Sold To Elon Musk For $44 Billion
Now what? Board of directors agrees to sell Twitter to the world's richest man, who has frequently criticised the platform over “free speech”
Tesla Profits Hit New High In Spite Of Price Hikes
Tesla profits hit new record for first quarter, in spite of ongoing supply-chain disruption, Covid-19 restrictions, rising costs and price hikes
Musk In Talks With Thoma Bravo Over Joint Twitter Bid – Report
Media report suggests Elon Musk is in talks with private equity group Thoma Bravo about partnering up for possible Twitter takeover
Toshiba Says It Will Seek Buyout Offers
Strategic options. Japanese conglomerate shares rise after Toshiba says it will solicit deal offers, including buyout offers