Bitcoin digital currency falls below $30,000 in value on Tuesday for the first time since January, as China clampdown bites hard
News Enterprise
BBVA Offers Bitcoin Trading Services In Switzerland
Spain's BBVA launches Bitcoin trading and custody services in Switzerland, with the aim of extending them to other countries
Hiring In UK Tech Sector Hits Five Year High
Welcomed news. Tech hiring hits five year high, with 132,000 open jobs per week in May, new data for the government reveals
Alphabet’s Waymo Raises $2.5 Billion Funding
Fresh round of investment into self-driving division of Alphabet, to help grow Waymo and develop its autonomous driving tech
China Regions Order Bitcoin Mining Shutdown
Two of China's biggest cryptocurrency mining regions order mining operations to cease operations, even as China aims for blockchain leadership
US Bills Target Tech Giants’ Unchecked Power
Five draft bills in US House of Representative build on last years' antitrust hearings with measures that target tech giants' key business practices
Virgin Atlantic Works With Bristol Start-Up On ‘Flying Taxis’
Virgin Atlantic works with Vertical Aerospace to explore 'flying taxi' network that would transport passengers from regional cities to major airports
Chinese Ride-Hailing Giant Didi Chuxing Files For US IPO
World's second-biggest ride-hailing company Didi Chuxing files to go public in US, in what could be biggest Chinese US listing since Alibaba in 2014
French Telecoms Giant Altice Acquires Stake In BT
France's second largest telecoms firm Altice purchases 12 percent stake in British carrier BT, but denies takeover intentions
Microsoft’s £11bn AI Deal Approved By US Regulators
Microsoft's £11bn deal to buy artificial intelligence and speech recognition pioneer Nuance Communications passes review by US antitrust regulators
US Sets, Then Suspends, 25 Percent Digital Tax Tariff On Six Countries
America sets, then suspends, a 25 percent import tariff on goods from six countries that have implemented a digital tax on US tech giants
Two Elon Musk Tweets Violated SEC Agreement – Report
Casual tweeting habit of Tesla boss Elon Musk once again in the spotlight, after running afoul of SEC settlement agreement
Amazon Buys James Bond Studio MGM For $8.5bn
Significant development in the streaming war, as Amazon purchases veteran film studio MGM for $8.45 billion
Bitcoin Sinks Further After China Extends Crackdown
Senior Chinese official announces more restrictions on cryptocurrencies, prompting Bitcoin and other coins to extend week of losses
Virgin Media, O2 Merger Achieves Final Clearance By CMA
CMA gives its official blessing to merger of O2 and Virgin Media, after being 'reassured that competition … will remain strong'
US Senate Democrats Propose $52 Billion For US Chip Production
Democrat leader in the US Senate revises legislation to approve $52 billion plan to ramp up US semiconductor manufacturing
BT Raises FTTP Target To 25 Million Premises
Despite a tough financial year, an extra five million premises has been added to BT's deployment of FTTP broadband, creating thousands more jobs
Bitcoin Plunges After Elon Musk Rules It Out For Tesla Purchases
Bitcoin blow. Elon Musk says Tesla it has suspended use of Bitcoin by customers, due to its heavy use of fossil fuel during mining
Cryptocurrency Warning From Bank Of England Governor
Blunt message from Bank of England governor Andrew Bailey, warning people only to buy cryptocurrency if prepared to lose all the money
Jeff Bezos Offloads $2 Billion In Amazon Shares
Needs some spending money...Amazon CEO Jeff Bezos has this week sold nearly $2 billion worth of Amazon stock for his other projects
Intel To Invest $3.5bn To Expand New Mexico Factory
Chip giant Intel is to ramp up its manufacturing capability at its New Mexico factory, and will add 3D packaging manufacturing capabilities
Verizon Sells Internet Icons AOL, Yahoo
Expensive ownership of Internet icons AOL and Yahoo comes to an end, after Verizon announces sale to private equity group
NASA Halts Moon Lander Work After Contract Challenge
NASA orders SpaceX to halt work on Moon rocket programme after Blue Origin accuses SpaceX of space exploration 'monopoly'
Amazon Posts Record Results, As Prime Video Catches Netflix
E-commerce and cloud services giant Amazon is another pandemic winner, after it posted record profits and revenues thanks to strong growth
Darktrace Enjoys Successful London IPO
Darktrace enjoys successful public listing in London on Friday, valuing the AI security specialist at £1.7 billion ($2.4 billion)
Eutelsat Buys 24 Percent Stake In OneWeb For $550m
French satellite operator Eutelsat joins British government and Bharti, with investment so as to access to its LEO broadband constellation
Apple To Build $1 Billion Campus In North Carolina
As part of a $430 billion investment over five years in the US, Apple is to build a new campus for AI research and software engineering
Toyota Buys Lyft’s Autonomous Car Unit for $550m
Japanese car maker Toyota acquires the autonomous vehicle division of ride-hailing firm Lyft, after four years of development
Foxconn Scales Back $10bn Wisconsin Factory
Taiwanese manufacturing giant Foxconn dramatically scales back US factory that was heavily touted by former President Donald Trump
Turkish Crypto Exchange Boss Flees Country Amidst $2bn Fraud Probe
Chief executive of Turkish cryptocurrency trading platform Thodex flees to Albania as estimated $2bn in investors' assets reportedly lost