Enterprise

Freshworks Valued At $12.2 Billion After Nasdaq IPO

Business software provider Freshworks, which seeks to challenge Salesforce in the CRM space, enjoys successful Nasdaq debut

12 hours ago

US Treasury Sanctions Cryptocurrency Exchange Suex

Cryptocurrency exchange Suex hit with sanctions by US Treasury Department for alleged role in laundering ransomware payments

19 hours ago

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…

2 days ago

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

2 days ago

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…

3 days ago

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…

1 week ago

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”

2 weeks ago

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

2 weeks ago

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…

2 weeks ago

Government Orders National Security Review Of Perpetuus Purchase

British Business Secretary orders national security review of potential acquisition of Welsh graphene maker Perpetuus Group

2 weeks ago

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…

2 weeks ago

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”

2 weeks ago

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

2 weeks ago

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…

2 weeks ago

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…

3 weeks ago

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

3 weeks ago

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

3 weeks ago

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…

3 weeks ago

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…

4 weeks ago

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…

4 weeks ago

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

4 weeks ago

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

1 month ago

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…

1 month ago

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…

1 month ago

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

1 month ago

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

1 month ago

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

2 months ago

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…

2 months ago

Facebook Warns Of ‘Significant’ Slowdown In Growth

Social networking giant Facebook records fastest growth since 2016, but warns annual revenue growth will slow “significantly”

2 months ago

Microsoft Thrives Thanks To Azure Growth

Software giant posts record results, as certain business segments (Azure) thrive during Coronavirus pandemic, but others struggle

2 months ago