Enterprise

Microsoft, Activision Extend Deal Deadline To Secure UK Approval

Microsoft continues to pull out all the stops to secure its $69 billion acquisition of gaming giant Activision Blizzard, as…

10 months ago

UK Clears Broadcom’s $61 Billion VMware Purchase

Acquisition of VMware by Broadcom will not weaken competition - the UK's CMA provisionally rules this week

10 months ago

Sony, Microsoft Agree To 10-Year Deal For Call Of Duty

Sony, Microsoft agree to 10-year deal keeping Call of Duty on PlayStation as FTC tries to block Activision Blizzard takeover

10 months ago

Celsius Founder Alex Mashinsky Arrested, Charged

Alexander Mashinsky, founder and CEO of bankrupt Celsius Network has been arrested and charged by US authorities

10 months ago

Microsoft Blow As FTC Files Activision Appeal

FTC files rare appeal against court ruling, allowing Microsoft's acquisition of Activision Blizzard to go ahead

10 months ago

FCA CEO Warns Of AI Disruption To Financial Services Sector

Head of financial regulator warns of threat posed by AI for online fraud and cyber risk, as UK seeks leadership…

10 months ago

Elon Musk Launches AI Startup xAI

AI startup known as xAI from Elon Musk seeks to challenge OpenAI's ChatGPT with a 'pro-humanity' alternative offering

10 months ago

Europe Gives Conditional Blessing To Broadcom’s $61bn VMware Deal

European Commission conditionally approves Broadcom's proposed acquisition of VMware, after concessions delivered in May

10 months ago

Nvidia In Talks To Be Anchor Investor In ARM – Report

GPU powerhouse reportedly in talks with British chip designer ARM, ahead of its September floatation in New York

10 months ago

Judge Declines FTC Injunction In Microsoft Activision Blizzard Purchase

Federal judge in San Francisco denies FTC preliminary injunction to halt Microsoft from acquiring Activision Blizzard by 18 July

10 months ago

Anthropic Opens Rival AI Chatbot To Public

Challenge to OpenAI's ChatGPT and Google Bard, after Anthropic debuts Claude 2 AI chatbot, and opens it to public

10 months ago

Foxconn Abandons Indian Chip Joint Venture, Seeks New Project

Blow to India? Taiwan's Foxconn abandons $19.5 billion chipmaking joint venture with Vedanta, but seeks local incentives for new project

10 months ago

Elon Musk Sues Law Firm Over Twitter Buyout Fees

Musk seeks recovery of $90m in fees law firm received from Twitter board for defeating Musk's attempt to walk away…

10 months ago

BT Chief Executive Philip Jansen To Step Down

BT Group chief executive Philip Jansen confirms he will step down within the next 12 months, as search begins for…

10 months ago

Samsung Warns Of 96 Percent Q2 Profit Plunge

Ongoing glut in chips sees Samsung warn that its second quarter profits are likely to plunge a staggering 96 percent

10 months ago

Microsoft-Backed Chatbot Maker Inflection AI Raises $1.3bn

Nvidia, Bill Gates, Eric Schmidt in round that values Inflection at $4bn as year-old start-up seeks to outpace OpenAI

11 months ago

CMA Begins Phase Two Probe Of Adobe’s Figma Acquisition

UK regulator deepens investigation into Adobe’s ‘transformative’ deal to buy collaborative design start-up Figma

11 months ago

Salesforce Invests $4 Billion In UK Amid AI Push

CRM giant Salesforce confirms it will invest $4bn in its UK business over the next five years, in the face…

11 months ago

IBM Pays $4.6bn For Apptio To Bolster SaaS Insights

Big Blue opens its wallet to acquire financial and IT management software provider Apptio from venture capital owner

11 months ago

Japan Buys Out JSR As It Drives Chip Equipment Sector

Japanese government to buy out chip materials maker JSR as it seeks to take advantage of US-China tensions to boost…

11 months ago

Intel Restructures Manufacturing Business, Shares Slide

During investor update, Intel confirms manufacturing business will work like a separate unit as part of Pat Gelsinger's foundry plan

11 months ago

Elon Musk Touts Significant India Investment By Tesla

India has more promise than any other large country in the world, says Elon Musk after meeting Indian PM Modi

11 months ago

Adobe’s $20bn Deal For Figma At Risk From EU Regulators – Report

Adobe's ‘transformative’ deal to buy collaborative design start-up Figma for $20bn is reportedly to be reviewed by EU regulators

11 months ago

Terra Co-Founder Do Kwon Prison Sentence

Court in Montenegro jails Terraform Labs founder Do Kwon and CFO for four months, for forging official documents

11 months ago

Amazon’s $1.7bn iRobot Acquisition Cleared By UK’s CMA

UK antitrust regulator clears Amazon’s proposed smart home acquisition of Roomba maker iRobot after investigation

11 months ago

Microsoft Reaches $2.6 Trillion Valuation Thanks To AI

Software giant Microsoft breaches $2.6 trillion valuation, but Apple remains the most valuable publicly listed tech company

11 months ago

ARM In Talks With Potential IPO Investors – Report

Talks with potential 'anchor investors' in ARM's upcoming IPO may include Intel, Alphabet, Apple, Microsoft, TSMC, Samsung etc

11 months ago

Vodafone, Three Merger: Industry Reaction

Merger to create the largest mobile operator in the UK draws reaction from industry experts and commentators

11 months ago

Vodafone, Three Merger To Create UK’s Biggest Mobile Operator

Vodafone UK will own 51 percent of combined entity with Three UK, as challenge to EE and Virgin Media O2…

11 months ago