World's wealthiest man Elon Musk puts up $33.5 billion of his own money, as he readies for boardroom battle over his Twitter bid
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Netflix Subscribers Fall For First Time In Ten Years
Streaming giant Netflix reveals loss of subscribers for the first time in ten years, and mulls lower-cost subscription plan with adverts
Amazon Adds Fuel, Inflation Surcharge To Sellers
US online shoppers could soon face high prices, after Amazon added a 5 percent “fuel and inflation surcharge” to the fees it charges third-party sellers
Investor Sues Elon Musk Over Late Share Disclosure
Twitter shareholder sues Elon Musk for failing to disclose his substantial stake in a timely manner, which impacted platform's share price
Elon Musk Will Not Join Twitter Board, CEO Confirms
Last minute u-turn from Elon Musk, as Parag Agrawal confirms Musk will not, after all, join the board of directors at Twitter
HP Shares Soar After Warren Buffett Reveals $4.2 billion Stake
Strategic move? Respected Wall Street investment group Berkshire Hathaway takes sizeable 11.4 percent stake in PC maker HP
Meta Finance Move With ‘Zuck Bucks’ Virtual Coins – Report
Plans at Meta to introduce virtual coins and lending services to its apps portfolio, despite cryptocurrency project collapse
Government Sets Out Plan To Recognise Stablecoins
Royal Mint to create a Non-Fungible Token (NFT) this summer, as the government unveils move to recognise stablecoins as a valid form of payment
Bitcoin Mining Start-Up To Make Nasdaq Debut
Bitcoin mining and infrastructure start-up Prime Blockchain set to list on Nasdaq in merger with blank-cheque firm valuing it at $1.25bn
Apple To Cut iPhone Production – Report
Inflation pressures, coupled with the Ukraine invasion have been blamed as Apple plans to lower production of iPhone SE and AirPods in 2022
Anonymous Claims Hack Of Russia’s Central Bank
Hacking group's war on Russia continues with Central Bank hack claim. And Anonymous promises to release 35,000 files containing 'secret agreements'
Bank Of England Begins To Outline UK’s Crypto Regulatory Approach
The UK's Bank of England begins this week to publicly outline its first regulatory framework for cryptoassets, amid ongoing concerns
Apple Acquires UK Fintech Credit Kudos – Report
Tech giant Apple reportedly acquires British fintech start-up Credit Kudos for $150m, to perhaps bolster its financial services operation
UK Watchdog Warns 50 Crypto Firms Of ‘Misleading Ads’
Enforcement notices dispatched. The UK's Advertising Standards Authority puts 50 crypto firms on notice over 'misleading ads'
BMW Blames Russian Invasion, As It Lowers Profit Forecast
German carmaker BMW warns of ongoing chip shortages and new supply chain disruptions caused by Russian's invasion of Ukraine
Tesla Raises Prices For Second Time In Days
Second price rise for Tesla electric vehicles in the space of a week, as inflationary pressure continues amidst Ukraine war
ARM To Axe 15 Percent Of Staff, 1,000 Jobs To Go
Chip designer ARM is to cut 15 percent of its workforce, as it reverts to its backup plan of an initial public offering after the Nvidia deal collapse
Toshiba’s Top Shareholder Opposes Breakup Plan
Years of turmoil at Japan's Toshiba continues, as leading shareholder opposes plan to break itself into three different units
Elon Musk Asks Judge For End Of Oversight Of His Tweets
Tesla boss Elon Musk formally asks a US judge to terminate the 2018 agreement with the SEC allowing lawyers to vet some of his tweets
Intel’s Mobileye Files For IPO
Intel’s self-driving-car unit Mobileye files for IPO in the United States, in what could be one of the largest tech floatations of 2022
Visa, Mastercard Block Russian Financial Institutions
Financial pressure on Moscow continues, with the news that Visa and Mastercard have blocked multiple Russian financial institutions
SEC Investigates Elon Musk And Brother Over Share Sales – Report
Fresh scrutiny. Elon Musk and his brother Kimbal Musk reportedly being investigated by the SEC for alleged insider trading
Just Eat Takeaway Chief Says No Plans To Sell Grubhub
Just Eat Takeaway chief executive Jitse Groen says plan to delist from Nasdaq does not indicate intention to sell Grubhub, amidst pressure on shares
Crypto Giant Binance To Take $200m Stake In Forbes
Giant cryptocurrency exchange Binance to take $200m stake in Forbes as media firm plans $630m listing in New York through blank-cheque company
FBI Arrest Couple For Alleged Laundering Of $4.5bn In Bitcoin
Married couple arrested in New York by FBI, in largest ever cryptocurrency theft case, as authorities seize $3.6 billion in stolen bitcoin
ARM Likely To File For Public Listing In US
Disappointment for London Stock Exchange, as ARM owner Softbank indicates it will file for public listing in the United States
Nvidia’s $40bn Purchase Of ARM Holdings Collapses
Softbank and Nvidia confirm termination of controversial $40bn purchase of UK's ARM, which now has new CEO ahead of initial public offering
Meta Stock Suffers, As Facebook Loses Daily Users For First Time
Facebook warns of significant Apple iOS privacy impact, which will decrease sales in the coming year by as much as $10 billion
Alphabet Posts Record Results, Announces 20 for 1 Stock Split
Google parent Alphabet posts a stunning set of quarterly and annual results, and announces a 20 to 1 stock split in the summer
Apple Shrugs Off Chip Shortage With Record Revenues
Tech giant surpasses Wall Street predictions, as revenues grow 11 percent despite Omicron variant and ongoing global chip shortage