Soaring shares of car maker Tesla, sees Elon Musk overtaking Amazon's founder and CEO Jeff Bezos as the richest man in the world
News Enterprise
Nvidia Acquisition Of ARM Faces Competition Probe
UK competition regulator the CMA, launches investigation into the acquisition of British silicon designer ARM Holdings by Nvidia
President Trump Blacklists Eight Chinese Apps
Executive order signed by US President bans transactions with eight Chinese software applications including Ant's Alipay payment app
Alibaba’s Founder Jack Ma Absence Triggers Concern
Where is Jack? Concern mounts over Alibaba's Jack Ma, after Chinese regulatory clampdown on his business empire following outburst
Intel Urged To Consider Strategic Options
Activist shareholder urges Intel to consider its strategic options, and whether it should outsource chip production to third parties
Vodafone Ends Shareholder Tussle Over 2013 Kabel Acquisition
Seven year itch. British mobile operator to buy remaining shares in Kabel for £1.9 billion ($2.6 billion) to halt legal action
Elon Musk Offered Tesla To Apple’s Tim Cook
Tesla boss Elon Musk confirms he once offered to sell the electric car maker to Apple, but CEO Tim Cook refused to meet him
Google Wins EU Approval For Fitbit Deal
Over a year since Google announced it was acquiring fitness device maker in a $2.1bn deal, EU gives its official blessing
Boston Dynamics Sold By SoftBank To Hyundai
Ownership odyssey of robotic dog developer Boston Dynamics, once owned by Google, continues as Hyundai acquires majority stake
Elon Musk Leaves California, Moves To Texas
After threatening to pull Tesla out of California altogether, Elon Musk reveals he has personally left the US state and relocated to Texas
Founding Father HPE Leaves Silicon Valley, Moves HQ To Texas
California loses a Fortune 500 company, after founding father HPE announces HQ move away from Silicon Valley to Houston, Texas
Salesforce Acquires Slack For $28 Billion For Workforce Collaboration
As the enterprise world adjusts to remote working, Salesforce pay $27.7 billion to acquire Slack for enhanced workplace collaboration
Canada Plans Digital Services Tax In 2022
Despite OECD talks on common approach, Canada becomes latest country to announce its own digital services tax on big tech
Facebook’s Libra To Launch In January – Report
Libra to launch as early as January, but the Facebook backed cryptocurrency will be scaled back even further after regulatory and political concerns
Trump Administration Grants ByteDance TikTok Sale Extension
ByteDance granted seven day extension by Trump administration of TikTok sale order to new company including Oracle and Walmart
France Warns Big Tech To Pay Digital Tax In December
Pay up, pay up. France issues notices to big name tech firms such as Amazon and Facebook, to prepare to pay digital tax levy from next month
Elon Musk Overtakes Bill Gates As World’s Second Richest
Tesla share price rises continues to build the personal fortune of Elon Musk, placing him in second place behind Amazon's Jeff Bezos
Elon Musk To Overtake Zuckerberg As Third Richest Person
Rising Tesla share price raises Elon Musk total net worth by $15 billion, putting him behind Jeff Bezos and Bill Gates in terms of wealth
Huawei Sells Honor Smartphone Unit To Chinese Consortium
Chinese networking giant Huawei sells budget-focused Honor smartphone division to consortium of agents and dealers to keep brand alive
TSMC Seeds Arizona Subsidiary With $3.5 Billion
Trump plan to bring manufacturing back to US sees Taiwanese chipmaker provide $3.5 billion for promised $12 billion Arizona factory
Huawei To Offload Honor Smartphone Division – Report
Budget smartphones. Networking giant Huawei is reportedly close to selling its Honor smartphone unit to a number of Chinese buyers
Elon Musk Admits Tesla Was ‘A Month Away’ From Bankruptcy
The CEO of the world's most valuable car maker has admitted Tesla was at one stage in serious danger of running out of money
Marvell Acquires Inphi For Cloud Push
Consolidation in the chip sector continues with Marvell purchasing Inphi for $10 billion, to deepen cloud data centre and 5G push
AMD Targets Data Centres With $35 Billion Purchase Of Xilinx
More competition for Intel, as AMD signals deepening push into data centre market with $35 billion purchase of US-based Xilinx
McAfee Raises $620 Million With Wall Street Return
Security vendor McAfee has returned to the public markets with an IPO that raised $620 million, below the $740 million it had hoped to gain
Intel Sells NAND Business To SK Hynix For $9 Billion
Acquisition of Intel's NAND business division makes SK Hynix the second largest NAND flash manufacturer in the world after Samsung
Facebook Libra Hires Former HSBC Executive
Libra cryptocurrency project still progressing after it confirms it has hired former HSBC executive as chief financial officer
Bletchley Park Financial Crisis Eases After Facebook’s £1m Donation
Jobs have been saved at the birthplace of modern computing Bletchley Park, after a much needed £1 million donation from Facebook
TalkTalk Confirms £1.1. Billion Takeover Offer From Shareholder
Investment management fund and TalkTalk shareholder Toscafund makes £1.1bn takeover offer for British Internet Service Provider
Tech Veteran IBM To Split Into Two Companies
No more Big Blue? Founder of the IT industry reveals it will split into two separate entities after 109 years in operation