Criminal trial of FTX's Sam Bankman-Fried enters the final stretch, after closing arguments from prosecution and defence teams
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Bankman-Fried Says He Acted On Legal Advice
FTX founder and former CEO Sam Bankman-Fried testifies lawyers were involved in his key decisions at bankrupt exchange
Silicon UK Pulse: Your Tech News Update: Episode 24
Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 27/10/2023.
Sam Bankman-Fried Begins Defence In FTX Fraud Trial
FTX fraud battle sees defence begin case for Sam Bankman-Fried, after damning prosecution witnesses testimony
Meta Profit Soars From Ongoing Strong Ad Spending
Meta Platforms beats expectations in its Q3 financials, helped by an ongoing uptick in digital ad spend and cost cutting measures
Alphabet Profits But Cloud Sales Disappoints
Share price drops after Google Cloud miss, overshadows better-than-expected results for Alphabet's third quarter
Microsoft Q1 Benefits From Cloud Strength
Microsoft beats Wall Street expectations in all categories for its first quarter financial results, helped by strong cloud performance
FTX Engineer Testifies To Lavish Spending In Bankman-Fried Trial
Sam Bankman-Fried directed political donations and spent $1.13 billion on celebrities and sponsorships, Nishad Singh testifies
Binance Stops Accepting New UK Users, Citing Regulations
New regulations in the UK cited as reason for Binance decision to stop accepting new customers in United Kingdom
Equifax Fined By UK Watchdog Over 2017 Data Breach
UK's financial watchdog fines Equifax £11.2m for failure to protect UK consumer data in one of the largest ever cyber security breaches
Silicon UK Pulse: Your Tech News Update: Episode 22
Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 13/10/2023.
Microsoft Owes $29 Billion In Back Taxes, IRS Claims
US government alleges Microsoft owes $29 billion in back taxes, but Redmond disagrees and say it will go to court over the matter
Caroline Ellison Testifies Against FTX’s Sam Bankman-Fried
US star witness Caroline Ellison testifies she and former boss and boyfriend Sam Bankman-Fried defrauded customers, investors, lenders
FTX Co-Founder Testifies Against Sam Bankman-Fried
SEC star witness and FTX co-founder Gary Wang testifies that he and Sam Bankman-Fried committed crimes and lied to public
SEC Seeks To Force Elon Musk Testimony Over Twitter Purchase
US regulator sues Elon Musk, alleging he didn’t comply with federal subpoena to testify on 15 September in Twitter purchase investigation
BlackBerry To Separate Business Units, Seeks IPO
Strategic review sees BlackBerry confirm it will separate its Internet of Things (IoT) and cybersecurity business units
Sam Bankman-Fried Trial Begins With Jury Selection
Trial of former crypto multi-billionaire Sam Bankman-Fried begins in New York, with jury selection underway
Elon Musk To Face Lawsuit For Late Twitter Stock Disclosure
US judge orders Elon Musk to face most of lawsuit alleging he defrauded shareholders with late Twitter shareholding disclosure
John McAfee Prison Death Appeal Rejected By Spanish Court
Appeal to reopen investigation into prison death of anti virus pioneer John McAfee is rejected by court in Spain
Apple Ordered To Face Apple Pay Antitrust Lawsuit
US judge orders Apple to face antitrust lawsuit by payment card issuers for over the Apple Pay mobile wallet
Toshiba Approves $14bn Private Equity Takeover
Japanese conglomerate Toshiba set to go private after successful $14 billion offer from private equity firm JIP
ARM Shares Soar 25 Percent After Nasdaq Listing
Successful public listing for ARM Holdings in the US after its shares rise 25 percent above Nasdaq debut price
ARM Holdings IPO Values Firm At £43.6 Billion
Ahead of its shares listing on Thursday, British chip designer ARM Holdings secures a market value of $54.5bn (£43.6bn)
Apple And ARM Sign Long-Term Chip Deal
Apple has struck a deal with ARM through 2040 and “beyond,” to allow iPhone giant access to the British chip designs
Binance Product Head Resigns Amid US Investigation
Binance's global head of product resigns, amid a number of executive departures, job losses, and US regulatory lawsuit
ARM Signs Up Major Tech Firm Investors, Prices IPO
Apple, Alphabet, Intel, Samsung etc sign up as investors in ARM's upcoming IPO, as management lowers listing valuation
Mastercard Ends Binance Card Partnership
Latest blow to crypto giant as Mastercard ends Binance-branded cards in certain regions, following similar move by Visa
Nvidia Reaps AI Chip Demand As Profit Surges
Quarterly profits at Nvidia rocket up 843 percent, as GPU powerhouse benefits massively from demand for AI chips
FTX’s Sam Bankman-Fried Surviving On ‘Bread And Water’
Jail is not agreeing with vegan Sam Bankman-Fried, as lawyers express concern about access to suitable food, medicine in Brooklyn jail
SoftBank Acquires Vision Fund ARM Stake At $64bn Valuation
Japan's SoftBank acquires 25 percent ARM stake from its Vision Fund unit in deal that values UK chip designer at $64bn, ahead of planned IPO