Financial Markets

Sam Bankman-Fried Trial Nears End After Closing Remarks

Criminal trial of FTX's Sam Bankman-Fried enters the final stretch, after closing arguments from prosecution and defence teams

6 months ago

Bankman-Fried Says He Acted On Legal Advice

FTX founder and former CEO Sam Bankman-Fried testifies lawyers were involved in his key decisions at bankrupt exchange

6 months ago

Silicon UK Pulse: Your Tech News Update: Episode 24

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

6 months ago

Sam Bankman-Fried Begins Defence In FTX Fraud Trial

FTX fraud battle sees defence begin case for Sam Bankman-Fried, after damning prosecution witnesses testimony

6 months ago

Meta Profit Soars From Ongoing Strong Ad Spending

Meta Platforms beats expectations in its Q3 financials, helped by an ongoing uptick in digital ad spend and cost cutting…

6 months ago

Microsoft Q1 Benefits From Cloud Strength

Microsoft beats Wall Street expectations in all categories for its first quarter financial results, helped by strong cloud performance

6 months ago

FTX Engineer Testifies To Lavish Spending In Bankman-Fried Trial

Sam Bankman-Fried directed political donations and spent $1.13 billion on celebrities and sponsorships, Nishad Singh testifies

6 months ago

Binance Stops Accepting New UK Users, Citing Regulations

New regulations in the UK cited as reason for Binance decision to stop accepting new customers in United Kingdom

6 months ago

Equifax Fined By UK Watchdog Over 2017 Data Breach

UK's financial watchdog fines Equifax £11.2m for failure to protect UK consumer data in one of the largest ever cyber…

6 months ago

Silicon UK Pulse: Your Tech News Update: Episode 22

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

6 months ago

Microsoft Owes $29 Billion In Back Taxes, IRS Claims

US government alleges Microsoft owes $29 billion in back taxes, but Redmond disagrees and say it will go to court…

6 months ago

Caroline Ellison Testifies Against FTX’s Sam Bankman-Fried

US star witness Caroline Ellison testifies she and former boss and boyfriend Sam Bankman-Fried defrauded customers, investors, lenders

6 months ago

FTX Co-Founder Testifies Against Sam Bankman-Fried

SEC star witness and FTX co-founder Gary Wang testifies that he and Sam Bankman-Fried committed crimes and lied to public

6 months ago

SEC Seeks To Force Elon Musk Testimony Over Twitter Purchase

US regulator sues Elon Musk, alleging he didn’t comply with federal subpoena to testify on 15 September in Twitter purchase…

6 months ago

BlackBerry To Separate Business Units, Seeks IPO

Strategic review sees BlackBerry confirm it will separate its Internet of Things (IoT) and cybersecurity business units

6 months ago

Sam Bankman-Fried Trial Begins With Jury Selection

Trial of former crypto multi-billionaire Sam Bankman-Fried begins in New York, with jury selection underway

7 months ago

Elon Musk To Face Lawsuit For Late Twitter Stock Disclosure

US judge orders Elon Musk to face most of lawsuit alleging he defrauded shareholders with late Twitter shareholding disclosure

7 months ago

John McAfee Prison Death Appeal Rejected By Spanish Court

Appeal to reopen investigation into prison death of anti virus pioneer John McAfee is rejected by court in Spain

7 months ago

Apple Ordered To Face Apple Pay Antitrust Lawsuit

US judge orders Apple to face antitrust lawsuit by payment card issuers for over the Apple Pay mobile wallet

7 months ago

Toshiba Approves $14bn Private Equity Takeover

Japanese conglomerate Toshiba set to go private after successful $14 billion offer from private equity firm JIP

7 months ago

ARM Shares Soar 25 Percent After Nasdaq Listing

Successful public listing for ARM Holdings in the US after its shares rise 25 percent above Nasdaq debut price

7 months ago

ARM Holdings IPO Values Firm At £43.6 Billion

Ahead of its shares listing on Thursday, British chip designer ARM Holdings secures a market value of $54.5bn (£43.6bn)

7 months ago

Apple And ARM Sign Long-Term Chip Deal

Apple has struck a deal with ARM through 2040 and “beyond,” to allow iPhone giant access to the British chip…

7 months ago

Binance Product Head Resigns Amid US Investigation

Binance's global head of product resigns, amid a number of executive departures, job losses, and US regulatory lawsuit

8 months ago

ARM Signs Up Major Tech Firm Investors, Prices IPO

Apple, Alphabet, Intel, Samsung etc sign up as investors in ARM's upcoming IPO, as management lowers listing valuation

8 months ago

Mastercard Ends Binance Card Partnership

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

8 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

8 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…

8 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…

8 months ago