Business software provider Freshworks, which seeks to challenge Salesforce in the CRM space, enjoys successful Nasdaq debut
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US Treasury Sanctions Cryptocurrency Exchange Suex
Cryptocurrency exchange Suex hit with sanctions by US Treasury Department for alleged role in laundering ransomware payments
Google To Purchase NY Office Building For $2.1 Billion
Despite small numbers of office workers due to remote working, Google is to spend billions to acquire New York office building
Boris Johnson Talks Tax With Amazon’s Jeff Bezos
Downing Street confirms British Prime Minister discussed the issue of taxation during meeting with Jeff Bezos in New York
GitLab Files For Initial Public Offering After $6bn Valuation
Software development platform maker GitLab files for public offering on Nasdaq after January secondary share sale that valued it at $6bn
UK Government Holds Stakes In 158 Start-ups
British Business Bank which runs the Government's 'Future Fund' has provided funding of $1.1 billion and holds stakes in 158 start-ups
Facebook Questions UK’s CMA Authority On Giphy Purchase
In strongly worded letter, Facebook says the CMA's suggested divestiture of Giphy “is grossly unreasonable and disproportionate”
BT Takeover Speculation Rises After Deutsche Telekom Comments
Comments made by the CEO of Deutsche Telekom, prompts renewed speculation of German telecoms giant intentions towards the UK's BT
Intel May Invest 80 Billion Euros For Two Chip Fabs
CEO Pat Gelsinger says Intel could invest as much as 80 billion euros ($95bn or £69bn) in Europe to expand chip production
Government Orders National Security Review Of Perpetuus Purchase
British Business Secretary orders national security review of potential acquisition of Welsh graphene maker Perpetuus Group
Samsung Offered Large Tax Breaks To Build Chip Factory In Texas
City of Taylor in Texas offers Samsung huge tax breaks in order to convince it to build a $17 billion Samsung chip factory there
O2 Subject Of Bribery Investigation By SFO – Report
Serious Fraud Office is investigating UK mobile operator O2 over “possible violations of anti-bribery laws and regulations”
US Regulator ‘Investigating’ Crypto Exchange Developer Uniswap Labs
US Securities and Exchange Commission reportedly launches probe into Uniswap Labs, developer of world's biggest decentralised finance platform
China Chip Maker SMIC Plans £6.4bn Plant In Shanghai
China's largest chipmaker SMIC plans £6.4bn plant in Shanghai Free Trade Zone to focus on mature-technology semiconductors amidst worldwide chip shortage
Climate Change: Is There a Tech Solution?
As COP26 in Glasgow approaches, how can technology help in the fight to reverse or at least reduce the long-term impact of climate change? Clean tech and environment tech companies have a myriad of approaches. Can your business impact ...
Apple Acquires Classic Music Service Primephonic
Amsterdam-based Primephonic is acquired by tech giant Apple, as the iPhone maker seeks to expand its classical music offering
Amazon-Backed Electric Car Maker Rivian Files For IPO
Amazon-backed electric car start-up Rivian files for IPO, weeks ahead of delayed plans to deliver first pick-up trucks to customers
Western Digital ‘In Talks’ To Buy Kioxia In $20bn NAND Deal
Western Digital could face hurdles to its reported $20bn offer for Kioxia, which could restructure NAND memory market and create Samsung rival
Tim Cook Lands $750m Bonanza In Share Award
CEO Tim Cook is awarded more than three quarters of a billion dollars in Apple shares after ten years in charge of the iPhone giant
Toshiba Consults With Private Equity Firms Over ‘Strategic Ideas’
Where do we go from here? Japanese conglomerate Toshiba is in talks with at least four private equity firms for strategy ideas
Nvidia’s ARM Purchase Raises ‘Significant Competition Concerns’ – CMA
UK competition watchdog says there are “significant competition concerns” with the deal, as Nvidia could restrict access to ARM IP
GlobalFoundries Files For Initial Public Offering – Report
US chipmaker GlobalFoundries has submitted a confidential filing for a public listing, after acquisition by Intel media reports
Huawei Will Return To Smartphone ‘Throne’, Despite US Sanctions
Huawei chairman makes a bold prediction that Chinese firm will return to a leading position in the smartphone market in the future
UK Government Sets Out Strategy For Green Hydrogen Sector
Hydrogen has long been touted as a better solution for green transportation among other uses, and now the government sets out its long term strategy
UK Regulator Finds Facebook’s Purchase Of Giphy ‘Harms Competition’
Competition and Markets Authority provisionally finds Facebook’s merger with Giphy will harm competition on social platforms
NortonLifeLock, Avast To Merge Into Antivirus Goliath
NortonLifeLock, the entity formerly known as Symantec, is to merge with Avast to create antivirus juggernaut for the consumer sector
Nvidia Acquisition Of ARM In Doubt Over Government Concerns – Report
Worrying national security concerns for the Britsih government may reportedly scupper Nvidia's controversial acquisition of the ARM Holdings
Amazon Online Sales Growth Slows Amid Lockdown Easing
Growth for online shopping at Amazon settles down to more normal levels after the pandemic boost, but AWS continues to prosper
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