Enterprise

Apple Beats Expectations, Despite Falling iPhone Sales

Another solid quarterly financial performance from Apple, despite concerns over iPhone shipments in mainland China

23 hours ago

Government Shelves £1.3 Billion UK Tech, AI Plan

Labour government shelves £1.3bn of funding promised by the Conservatives for tech and artificial intelligence projects

1 day ago

Intel To Cut 15 Percent Of Workforce, Suspends Dividend

Shares in Intel plummet over 20 percent after chip giant confirms thousands of job losses and suspends dividend payments

1 day ago

EU Approves Hewlett Packard Enterprise’s $14bn Juniper Acquisition

European Commission approves HPE's $14 billion acquisition of Juniper Networks, leaving the UK the last remaining obstacle

2 days ago

Meta Posts Strong Q2 Amid Heavy AI Spending

Facebook parent Meta Platforms delivers strong Q2 financials which beats Wall Street expectations, raising its share price

2 days ago

UK Investigates Alphabet Partnership With AI Firm Anthropic

British competition regulator, the CMA, to investigate Google parent Alphabet’s partnership with AI startup Anthropic

3 days ago

Intel To Cut Thousands Of Jobs – Report

Another round of layoffs reportedly on the cards for staff at Intel, in an effort to rebound from earnings slump

3 days ago

Elon Musk To Discuss $5 Billion xAI Investment With Tesla Board

Conflict of interest? Elon Musk to talk with Tesla board about making $5 billion Tesla investment in his other venture,…

1 week ago

Alphabet To Invest $5 Billion In Waymo Self-Driving Unit

Senior management at Alphabet confirm substantial additional investment in the Waymo self-driving division

1 week ago

Revolut Gains UK Banking Licence

After three years of trying, fintech start-up Revolut finally recieves a UK banking licence, but with some restrictions from regulator

1 week ago

Alphabet Q2 Beats Expectations, But Shares Dip

Despite share buyback and positive Q2 results, Alphabet's share price falls over YouTube slowdown and margin declines

1 week ago

Wiz Rejects $23 Billion Acquisition Bid From Google – Report

Memo to staff from co-founder explains reason for walking away from Google's takeover bid, and confirms IPO intentions

1 week ago

Bitcoin ‘Creator’ Craig Wright Admits He Is Not Satoshi Nakamoto

Australian computer scientist Craig Wright referred to Crown Prosecution Service (CPS) to be considered for perjury charges

2 weeks ago

GitLab Explores Possible Sale – Report

Coding platform GitLab is reportedly exploring a sale, nearly three years after successful IPO on the Nasdaq

2 weeks ago

Trump Media Shares Rally After Assassination Attempt

Shares in Trump Media surge 33 percent after Saturday assassination attempt on former president as investors bet on reelection

3 weeks ago

Japan’s SoftBank Acquires AI Chip Start-up Graphcore

SoftBank Group has purchased another British chip firm, with the acquisition of Bristol-based Graphcore Ltd in order to bolster the…

3 weeks ago

Alphabet Walks Away From HubSpot Deal

Not interested. Alphabet reportedly opts not to make an offer for HubSpot to bolster CRM and cloud position

3 weeks ago

Vodafone, Virgin Media O2 Extend Network Sharing Deal

Current network sharing deal between Vodafone and Virgin Media O2 extended to mid 2030s, including some spectrum sale

4 weeks ago

Russia’s Central Bank Tells Businesses To Use Crypto To Avoid Sanctions

Sanctions busting. Russian businesses told to use cryptocurrencies and other digital options to make payments with foreign customers

4 weeks ago

Fisker Seeks Approval For Firesale Of Remaining EVs

Fisker asks bankruptcy judge for permission to sell remaining Ocean SUV at just $14,000 per EV, down from $70,000

1 month ago

Jeff Bezos To Sell $5 Billion Worth Of Amazon Shares

Needs to buy more yachts? After Amazon stock hits record high, founder Jeff Bezos to offload huge tranche of shares

1 month ago

Salesforce Shareholders Reject CEO Marc Benioff’s Compensation Plan

Compensation packages for Salesforce's top executives are rejected by shareholders and investors, despite backing from the board

1 month ago

Meme Stock GameStop Sinks On Lawsuit News

Meme stock GameStop, known for a stellar rally in 2021 spurred by social media, shows volatility on news of probes…

1 month ago

Troubled EV Maker Rivian Lays Out Path To Profitability

At first-ever investor day EV maker Rivian lays out profitability plans after $5bn deal with VW offers it financial lifeline

1 month ago

FBI Offers $5 Million Bounty For Fugitive ‘CryptoQueen’ Ruja Ignatova

US authorities place huge bounty on Ruja Ignatova, the former leader of OneCoin cryptocurrency Ponzi scheme

1 month ago

VinFast Touts Cheap And Tiny EV, Amid Sales Concerns

Amid concerns about EV sales, a new small and cheap EV from VinFast is aimed primarily at the Asian market

1 month ago

Amazon Finally Breaches $2 Trillion Valuation

Long time coming. Amazon has reached a $2 trillion market capitalisation - six years after it passed a $1 trillion…

1 month ago

Rivian To Gain Up To $5 Billion Investment From Volkswagen

Crucial intervention? Volkswagen to form joint venture with Rivian to share electric vehicle software and architecture

1 month ago

China-Linked Shein Faces Uphill Battle For IPO In US Or UK

China-founded fast-fashion company Shein faces political resistance in search for IPO venue, as major investors grow impatient

1 month ago
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