Financial Markets

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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…

7 hours 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…

6 days 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

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

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

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…

3 weeks 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

Apple Posts Record Breaking Profit, But Warns Of Chip Shortage

Apple's earnings juggernaut continues, as strong sales of iPhones continues to drive up profits, but chip shortage looms

2 months ago

Intel Warns Chip Shortage Could Last Until 2023

CEO Pat Gelsinger said chip ecosystem recovering, but supply chain is stilled stressed, with chip shortages to last until 2023

2 months ago

Visa Continues Fintech Push With Currencycloud Acquisition

London-based forex specialist Currencycloud is to be acquired by payment giant Visa, in a deal worth £700 million ($963m)

2 months ago

Binance Pulls Digital ‘Stock Tokens’ After Crackdown

Hong Kong becomes latest in string of regulators around world to issue warnings about Binance 'stock tokens' as company pulls…

2 months ago

SoftBank Buys Into Korean Travel Start-Up Yanolja Ahead Of US Listing

SoftBank's Vision Fund reportedly planning to buy 10 percent of South Korean hotel booking platform Yanolja as it looks to…

2 months ago

Crypto Exchange Start-Up Bullish Sets Market Debut

Cryptocurrency market start-up Bullish plans $9bn market debut through merger with Far Peak Acquisition, headed by former NYSE president Tom…

2 months ago

Indonesia’s Bukalapak Plans $1bn Domestic IPO

Indonesian e-commerce firm Bukalapak set to become first tech 'unicorn' to make market debut in the country as it seeks…

2 months ago

China Expands Regulatory Crackdown On Didi As Investors Sue

China expands regulatory crackdown on ride-hailing firm Didi Global following IPO last month, as US investors sue over share price…

2 months ago

Mexico Bans Cryptocurrency Trades Or Services

Mexico's central bank and the country's finance ministry says financial institutions are not allowed to utilise cryptocurrencies

3 months ago

Starlink Will Go Public When Cash Flow Stabilises – Elon Musk

SpaceX's Elon Musk confirms the Starlink broadband satellite venture will eventually apply for an initial public offering (IPO)

3 months ago

Alan Turing £50 Bank Note Enters Circulation

New £50 polymer bank note bearing the photo of WW2 codebreaker and computing and AI pioneer Alan Turing enters circulation

3 months ago

Microsoft Now Valued At $2 Trillion

Software giant Microsoft joins Apple, as it cross the $2 trillion threshold to become only the second company to reach…

3 months ago

Bitcoin Plummets To Below $30,000 Amid China Crackdown

Bitcoin digital currency falls below $30,000 in value on Tuesday for the first time since January, as China clampdown bites…

3 months ago

BBVA Offers Bitcoin Trading Services In Switzerland

Spain's BBVA launches Bitcoin trading and custody services in Switzerland, with the aim of extending them to other countries

3 months ago

China Regions Order Bitcoin Mining Shutdown

Two of China's biggest cryptocurrency mining regions order mining operations to cease operations, even as China aims for blockchain leadership

3 months ago

Chinese Ride-Hailing Giant Did Chuxing Files For US IPO

World's second-biggest ride-hailing company Didi Chuxing files to go public in US, in what could be biggest Chinese US listing…

3 months ago

US Sets, Then Suspends, 25 Percent Digital Tax Tariff On Six Countries

America sets, then suspends, a 25 percent import tariff on goods from six countries that have implemented a digital tax…

4 months ago

Two Elon Musk Tweets Violated SEC Agreement – Report

Casual tweeting habit of Tesla boss Elon Musk once again in the spotlight, after running afoul of SEC settlement agreement

4 months ago

Bitcoin Sinks Further After China Extends Crackdown

Senior Chinese official announces more restrictions on cryptocurrencies, prompting Bitcoin and other coins to extend week of losses

4 months ago

BT Raises FTTP Target To 25 Million Premises

Despite a tough financial year, an extra five million premises has been added to BT's deployment of FTTP broadband, creating…

4 months ago

Bitcoin Plunges After Elon Musk Rules It Out For Tesla Purchases

Bitcoin blow. Elon Musk says Tesla it has suspended use of Bitcoin by customers, due to its heavy use of…

4 months ago