Norway's oil fund, world's biggest sovereign wealth fund, to vote against Apple boss Tim Cook's $99m 2021 pay package as shareholders revolt
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SEC Investigates Elon Musk And Brother Over Share Sales – Report
Fresh scrutiny. Elon Musk and his brother Kimbal Musk reportedly being investigated by the SEC for alleged insider trading
Intel Acquires Israeli Chipmaker Tower Semiconductor For $5.4bn
Chip giant Intel expands its manufacturing capabilities, and spends billions to acquire specialised chip manufacturing expert Tower Semiconductor
Just Eat Takeaway Chief Says No Plans To Sell Grubhub
Just Eat Takeaway chief executive Jitse Groen says plan to delist from Nasdaq does not indicate intention to sell Grubhub, amidst pressure on shares
Crypto Giant Binance To Take $200m Stake In Forbes
Giant cryptocurrency exchange Binance to take $200m stake in Forbes as media firm plans $630m listing in New York through blank-cheque company
FBI Arrest Couple For Alleged Laundering Of $4.5bn In Bitcoin
Married couple arrested in New York by FBI, in largest ever cryptocurrency theft case, as authorities seize $3.6 billion in stolen bitcoin
ARM Likely To File For Public Listing In US
Disappointment for London Stock Exchange, as ARM owner Softbank indicates it will file for public listing in the United States
Microsoft Mulls Mandiant Purchase To Bolster Security – Report
Shares in Mandiant rise amid report that software giant Microsoft is considering a purchase of the veteran cybersecurity specialist
Nvidia’s $40bn Purchase Of ARM Holdings Collapses
Softbank and Nvidia confirm termination of controversial $40bn purchase of UK's ARM, which now has new CEO ahead of initial public offering
CMA Fines Meta A Second Time Over Giphy Order
UK watchdog fines Meta a second time, as Facebook again fails to inform the CMA about 'material changes' to its Giphy Purchase
Meta Stock Suffers, As Facebook Loses Daily Users For First Time
Facebook warns of significant Apple iOS privacy impact, which will decrease sales in the coming year by as much as $10 billion
Alphabet Posts Record Results, Announces 20 for 1 Stock Split
Google parent Alphabet posts a stunning set of quarterly and annual results, and announces a 20 to 1 stock split in the summer
FTC To Review Microsoft Activision Buy, As Sony Acquires Bungie
Sony spends $3.6 billion to acquire Halo and Destiny developer Bungie, as US regulator reviews Microsoft's deal for Activision
Citrix Merges With Tibco In $16.5bn Deal
After years of activist shareholder pressure, Citrix is being acquired by a private equity group and will then be merged with Tibco
Priti Patel Approves Extradition Of Autonomy Founder Mike Lynch
Bad news keeps coming for co-founder and former CEO of Autonomy Mike Lynch, as Home Secretary approves his extradition to US
Apple Shrugs Off Chip Shortage With Record Revenues
Tech giant surpasses Wall Street predictions, as revenues grow 11 percent despite Omicron variant and ongoing global chip shortage
Facebook To Close Down Diem Crypto Venture – Report
End of the road for Diem (formerly Libra) digital currency, with sale reported of Diem Association to financial institution
IMF Urges El Salvador To Drop Bitcoin As Legal Tender
South American country El Salvador urged to reconsider its decision to adopt Bitcoin as legal tender, amid huge value decline
Nvidia Preparing To Abandon $40bn ARM Acquisition – Report
Facing many regulatory probes and lawsuits, Nvidia tells its partners it is preparing to abandon its acquisition of ARM Holdings
Digital Bank Chime Financial Plans Massive IPO
Chime Financial plans New York IPO worth up to $40bn after Covid-19 pandemic leads to surge in users and spiralling market valuation
Netflix Shares Drop On Growth Concerns
Netflix posts strong growth for full-year 2021, but shares plummet as investors are spooked by disappointing first-quarter growth prospects
Russia Proposes Ban On Cryptocurrencies, Crypto Mining
Russia's central bank has this week proposed the banning on the use and mining of cryptocurrencies, citing multiple risk factors
UK To Address Marketing Of High Risk Crypto Investments
British financial watchdog says it will curb the marketing of cryptoassets and other high-risk investments, amid a surge in online adverts
Microsoft To Acquire Activision Blizzard For $68.7 Billion
Huge tech acquisition, as software giant seeks major expansion of its gaming credentials with purchase of leading gaming holding company
Amazon Last Minute Extension For Visa Card Payments
UK Amazon users can continue using their Visa cards for online shopping for now, after the two firms agree short term deal
Google Continues Real Estate Push With $1bn London Office Purchase
Despite delaying staff return to its offices, Google spends £728m ($1bn) acquiring office building in London, and will increase UK headcount
Treasury Select Committee To Investigate Visa, Mastercard Fee Increases
Committee of MPs vows to scrutinise increases in the fees Visa and Mastercard charge businesses, after regulator finds no justification for the rise
FTC Antitrust Case Against Facebook Can Proceed, Judge Rules
Meta will face antitrust charges from US Federal Trade Commission, after a judge rejected attempt to dismiss amended FTC complaint
Bitcoin Slumps To Lowest Level In Four Months
Crypto volatility. Bitcoin slumps to its lowest level since September, having lost over 40 percent of its value from its record high
China Mobile Enjoys Successful Shanghai IPO After NYSE Delisting
After being delisted from New York Stock Exchange last year, China Mobile enjoys successful public offering in its home market