Growth for online shopping at Amazon settles down to more normal levels after the pandemic boost, but AWS continues to prosper
News Enterprise
Facebook Warns Of ‘Significant’ Slowdown In Growth
Social networking giant Facebook records fastest growth since 2016, but warns annual revenue growth will slow “significantly”
Microsoft Thrives Thanks To Azure Growth
Software giant posts record results, as certain business segments (Azure) thrive during Coronavirus pandemic, but others struggle
Apple Posts Record Breaking Profit, But Warns Of Chip Shortage
Apple's earnings juggernaut continues, as strong sales of iPhones continues to drive up profits, but chip shortage looms
Intel Warns Chip Shortage Could Last Until 2023
CEO Pat Gelsinger said chip ecosystem recovering, but supply chain is stilled stressed, with chip shortages to last until 2023
Jeff Bezos Offers NASA $2 Billion For Lunar Contract
Tempting offer? Jeff Bezos offers to cover costs of up to $2 billion, if NASA awards Blue Origin a contract for moon landing spacecraft
Amazon-Backed Rivian Raises Another $2.5bn From Investors
Electric vehicle start-up raises another $2.5bn from existing investors such as Amazon, as it looks to deliver first vehicles this year
Visa Continues Fintech Push With Currencycloud Acquisition
London-based forex specialist Currencycloud is to be acquired by payment giant Visa, in a deal worth £700 million ($963m)
Microsoft Adds Another Security Acquisition With CloudKnox
CloudKnox is being acquired by software giant Microsoft, to equip it with unified privileged access and cloud entitlement management
Newport Wafer Fab Sold To China, Has UK Government Defence Contracts
Newport Wafer Fab has over a dozen UK government research contracts, including a defence contract, despite being sold to Chinese-owned Nexperia
Government £375m Fund For UK Tech Firm Growth
Government opens £375 million scheme to deliver funding for British startups including tech players, to bolster UK’s post-pandemic economy
Amazon-Backed Rivian Delays First Electric Vehicles
Start-up Rivian, backed by Amazon and Ford, delays first deliveries of R1T pickup truck and R1S SUV as pandemic disruption affects semiconductor supplies
TSMC Founder Warns Semiconductor Plans Could Fail
Plans by US, EU and others to bring semiconductor production into their own countries could result in a costly, unworkable system, says TSMC's Cheng
Binance Pulls Digital ‘Stock Tokens’ After Crackdown
Hong Kong becomes latest in string of regulators around world to issue warnings about Binance 'stock tokens' as company pulls the offering
Amazon Acquires Facebook’s Satellite Internet Team
Amazon pays Facebook an undisclosed sum of money to acquire the social networking giant's satellite Internet team of specialists
TSMC Considers Construction Of Japanese Factory – Report
World's largest contract chipmaker is considering construction of a new factory in Japan to help tackle global chip shortage
Microsoft To Acquire RiskIQ To Bolster Cybersecurity
Redmond confirms it is acquiring cybersecurity specialist RiskIQ, in order to help orgnisations cope with today's raised cyber threat
SoftBank Buys Into Korean Travel Start-Up Yanolja Ahead Of US Listing
SoftBank's Vision Fund reportedly planning to buy 10 percent of South Korean hotel booking platform Yanolja as it looks to follow up Coupang success
Crypto Exchange Start-Up Bullish Sets Market Debut
Cryptocurrency market start-up Bullish plans $9bn market debut through merger with Far Peak Acquisition, headed by former NYSE president Tom Farley
Indonesia’s Bukalapak Plans $1bn Domestic IPO
Indonesian e-commerce firm Bukalapak set to become first tech 'unicorn' to make market debut in the country as it seeks to raise up to $1.13bn
China Expands Regulatory Crackdown On Didi As Investors Sue
China expands regulatory crackdown on ride-hailing firm Didi Global following IPO last month, as US investors sue over share price slide
President Biden Targets Tech Monolopies, Data Collection
Sweeping executive order signed by US President Joe Biden on Friday targets tech giant domination, broadband provision, data collection, right to repair etc
PM Orders Review Of Chinese Acquisition Of Newport Wafer Fab
Acquisition of UK’s largest largest chip producer by a Chinese owned firm has prompted Prime Minister Boris Johnson to order a review
UK’s Largest Chip Fab, Newport Wafer Fab, Acquired By Chinese...
National security? Newport Wafer Fab in Wales sold to Dutch chip firm, which in turn is owned by China’s Wingtech
ARM CEO Insists Nvidia Purchase Better Than IPO
Head of ARM strongly defends Nvidia acquisition, which he says is a much better alternative than being a standalone public company again
OneWeb Gains Additional $500m Funding From Bharti
Busy period for OneWeb with additional funding, launch of more satellites, and signing deal with BT for rural broadband provision
Mexico Bans Cryptocurrency Trades Or Services
Mexico's central bank and the country's finance ministry says financial institutions are not allowed to utilise cryptocurrencies
Starlink Will Go Public When Cash Flow Stabilises – Elon Musk
SpaceX's Elon Musk confirms the Starlink broadband satellite venture will eventually apply for an initial public offering (IPO)
Alan Turing £50 Bank Note Enters Circulation
New £50 polymer bank note bearing the photo of WW2 codebreaker and computing and AI pioneer Alan Turing enters circulation
Microsoft Now Valued At $2 Trillion
Software giant Microsoft joins Apple, as it cross the $2 trillion threshold to become only the second company to reach that milestone