After three years of trying, fintech start-up Revolut finally recieves a UK banking licence, but with some restrictions from regulator
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Alphabet Q2 Beats Expectations, But Shares Dip
Despite share buyback and positive Q2 results, Alphabet's share price falls over YouTube slowdown and margin declines
Wiz Rejects $23 Billion Acquisition Bid From Google – Report
Memo to staff from co-founder explains reason for walking away from Google's takeover bid, and confirms IPO intentions
Bitcoin ‘Creator’ Craig Wright Admits He Is Not Satoshi Nakamoto
Australian computer scientist Craig Wright referred to Crown Prosecution Service (CPS) to be considered for perjury charges
Trump Media Shares Rally After Assassination Attempt
Shares in Trump Media surge 33 percent after Saturday assassination attempt on former president as investors bet on reelection
Russia’s Central Bank Tells Businesses To Use Crypto To Avoid Sanctions
Sanctions busting. Russian businesses told to use cryptocurrencies and other digital options to make payments with foreign customers
Fisker Seeks Approval For Firesale Of Remaining EVs
Fisker asks bankruptcy judge for permission to sell remaining Ocean SUV at just $14,000 per EV, down from $70,000
Jeff Bezos To Sell $5 Billion Worth Of Amazon Shares
Needs to buy more yachts? After Amazon stock hits record high, founder Jeff Bezos to offload huge tranche of shares
Salesforce Shareholders Reject CEO Marc Benioff’s Compensation Plan
Compensation packages for Salesforce's top executives are rejected by shareholders and investors, despite backing from the board
Meme Stock GameStop Sinks On Lawsuit News
Meme stock GameStop, known for a stellar rally in 2021 spurred by social media, shows volatility on news of probes into 'Roaring Kitty'
Troubled EV Maker Rivian Lays Out Path To Profitability
At first-ever investor day EV maker Rivian lays out profitability plans after $5bn deal with VW offers it financial lifeline
FBI Offers $5 Million Bounty For Fugitive ‘CryptoQueen’ Ruja Ignatova
US authorities place huge bounty on Ruja Ignatova, the former leader of OneCoin cryptocurrency Ponzi scheme
VinFast Touts Cheap And Tiny EV, Amid Sales Concerns
Amid concerns about EV sales, a new small and cheap EV from VinFast is aimed primarily at the Asian market
Amazon Finally Breaches $2 Trillion Valuation
Long time coming. Amazon has reached a $2 trillion market capitalisation - six years after it passed a $1 trillion valuation
Rivian To Gain Up To $5 Billion Investment From Volkswagen
Crucial intervention? Volkswagen to form joint venture with Rivian to share electric vehicle software and architecture
Nvidia Cedes Top Market Spot To Microsoft
Nvidia cedes title of most valuable US listed company back to Microsoft as Apple regains No. 2 spot amidst continued AI frenzy
Fisker Files For Chapter 11 Bankruptcy
EV maker Fisker files for bankruptcy protection in the US – the second EV venture led by car designer Henrik Fisker to do so
Nvidia Overtakes Microsoft As Most Valuable Tech Firm
Nvidia dethrones Microsoft as world's most valuable tech firm, in ongoing market capitalisation battle of the big three
Adobe Shares Jump On AI Success
Adobe shares post biggest gains in more than four years after it reports user take-up of generative AI tools
Elon Musk Wins Shareholder Vote On Pay, Texas Incorporation
Shareholders at Tesla vote to reinstate Elon Musk's 'ridiculous' $56bn pay package, and approve incorporation in Texas
SEC Reaches $4.5bn Settlement With Bankrupt Terraform Labs
Terraform Labs and disgraced founder Do Kwon agree to pay the US SEC a combined $4.5 billion in civil fraud case
WeWork Emerges From Bankruptcy Protection
WeWork, once valued privately at $47bn and seen as future of workplace, emerges from bankruptcy protection in US
Tesla Investor Slams Elon Musk’s $56bn Pay Deal, Amid Another Lawsuit
Head of one of the largest pension funds in US to vote against Elon Musk's ‘ridiculous’ pay package, as another Tesla investor files lawsuit
Nvidia Completes Stock Split To Make Shares More Affordable
The 10-for-1 stock split at Nvidia has taken place, after the meteoric share price rise helped it become one of the most valuable tech firms
Alphabet Names Anat Ashkenazi As CFO
Anat Ashkenazi swaps CFO role in pharmaceutical industry to join Alphabet, replacing outgoing CFO Ruth Porat
Nvidia Overtakes Apple As Second Most Valuable Tech Firm
Value of Nvidia continues to surge as it reaches $3 trillion market cap, making it the second most valuable tech firm
Terra Labs, Do Kwon Settle SEC Fraud Case
Tentative settlement reportedly reached between the US SEC and Singapore's Terraform Labs and founder Do Kwon
SoftBank-Owned ARM To Develop AI Chips
SoftBank-owned UK chip design firm ARM Holdings to develop AI accelerator chips for data centres amidst investment boom
Shares In Chinese EV Firm Zeekr Soar On Debut
EV maker Zeekr, controlled by car giant Geely, valued at nearly $7bn as investors heartened by surging sales
Google Staff Question Layoffs After Record Earnings
Staff at Google question CEO Sundar Pichai over 'significant decline' in workforce morale amid ongoing job cuts, despite strong financials