Enterprise

Mastercard Ends Binance Card Partnership

Latest blow to crypto giant as Mastercard ends Binance-branded cards in certain regions, following similar move by Visa

9 months ago

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

9 months ago

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…

9 months ago

Microsoft Makes Concession To Win UK Activision Approval

Major concession from Microsoft as it seeks to win approval from UK's CMA for $69bn (£54bn) Activision Blizzard acquisition

9 months ago

ARM ‘Saw Annual Revenue Decline’ Ahead Of IPO

UK-based chip designer ARM reportedly saw 1 percent annual revenue decline due to smartphone slump as it prepares bellwether IPO

9 months ago

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…

9 months ago

PayPal To Pause UK Crypto Sales Until 2024

As UK regulator readies crypto advertising rules, PayPal says it will “temporarily pause” British users from buying cryptocurrencies

9 months ago

UK Launches £1 Billion FinTech Fund

FinTech Growth Fund, backed by Mastercard, Barclays and the London Stock Exchange, aims to fund financial technology companies before listing

9 months ago

Vietnam’s VinFast Car Maker Overtakes GM, Ford After IPO

Shares in VinFast surge 270 percent after IPO, valuing Vietnam’s car manufacturer ahead of Ford and General Motors

9 months ago

Intel Purchase Of Tower Semiconductor Terminated, China Blamed

Intel's proposed acquisition of Tower Semiconductor for $5.4bn terminated after China failed to approve the deal

9 months ago

Foxconn Touts ‘Billions’ Of Dollars Investment In India

Apple iPhone maker Foxconn suggests it may invest billions of dollars in India, a month after withdrawing from planned chip…

9 months ago

Binance Seeks Protection From US Financial Regulator

Crypto exchange Binance files for court protective order against US SEC, alleging regulator requests were “unduly burdensome”

9 months ago

FTX’s Sam Bankman-Fried Sent To Jail Over Witness Tampering

FTX's Sam Bankman-Fried sent to jail in the US after judge revokes his $250 million bail over witness tampering

9 months ago

President Biden Executive Order Targets Tech Investments In China

Tech crackdown against Beijing continues after President Biden signs executive order to prohibit certain tech investments in China

9 months ago

Apple, Amazon In Talks To Invest In ARM – Report

Amazon and Apple reportedly in talks with British chip designer ARM Holdings to be 'anchor investors' before September IPO

9 months ago

Kenya Halts Worldcoin Data Collection, Citing Privacy

Setback for Sam Altman's Worldcoin cryptocurrency project in Africa, as Kenya halts its iris-scanning data collection scheme

10 months ago

Apple Shares Fall, Amid Weak iPhone Sales

Solid Q3 results from Apple all things considered, but weak iPhone sales and outlook statement by CFO, dampens investor hopes

10 months ago

Silicon UK Pulse: Your Tech News Update: Episode 13

Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the…

10 months ago

ARM Targets $60 Billion Valuation For IPO

Owner Softbank seeks valuation of $60 to $70 billion for September IPO of British chip designer ARM Holdings

10 months ago

CMA Publishes Microsoft Arguments In Activision Case

UK Competiiton and Markets Authority publishes Microsoft arguments in reconsideration of Activision-Blizzard deal, calls for public comment

10 months ago

Tech Investors Flee China As Political Tensions Worsen

Private capital fundraising in Asia-Pacific on track for 10-year low as VC funding in China drops nearly 55 percent, report…

10 months ago

AMD To Invest $400m In India Over Five Years

US chipmaker AMD confirms big investment in India, plus construction of largest design centre, as New Delhi continues charm offensive

10 months ago

Campaign Finance Charge Against FTX’s Sam Bankman-Fried Dropped

Federal prosecutors drop another charge against FTX co-founder Sam Bankman-Fried, due to extradition agreement with Bahamas

10 months ago

Samsung Extends Chip Production Cuts After $7 Billion Loss

Electronics giant extends production cuts of memory chips after $7 billion loss in first half of 2023, but says the…

10 months ago

Listed US Firms Must Disclose Cyber Breaches In Four Days

US financial regulator adopts new rules to require publicly traded companies to disclose hacking incidents in just four days

10 months ago

CMA Publishes Microsoft Arguments As It Denies Bowing To Pressure

CMA publishes Microsoft's arguments for reconsideration of Activision Blizzard deal after FTC court defeat

10 months ago

FTX’s Sam Bankman-Fried Sued For More Than $1Bn

FTX files lawsuit against former CEO, seeking to recoup more than $1 billion, and alleging funds were used to cover…

10 months ago