Worldcoin, co-founded by OpenAI chief Sam Altman, close to securing $100m in new funding round amidst 'crypto winter'
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US Warns Of Economic Damage If China Invades Taiwan
Chinese invasion of Taiwan would likely shut down chip production, causing huge economic impact for the world, US warns
Apple Depressed Results Beat Expectations, Thanks To iPhone Sales
Profit slides, and revenues decline for second consecutive quarter, but results please investors after surprising iPhone sales
ARM Files For IPO, But Not In London
Softbank's ARM Holdings registers for public listing in the US, in a blow to UK listing hopes and high level lobbying
Intel Posts Largest Ever Quarterly Loss, But Shares Rise
Intel posts largest ever quarterly loss in company history, coupled with a 36 percent decline in sales. But share price rises
Meta Pleases Investors After Sales Rise, As Profits Dive
Plunge in profits at Facebook parent, but Meta pleases Wall Street after sales rose for first time after three quarters of decline
Alphabet Beats Expectations, Announces $70 Billion Share Buyback
Shares in Alphabet rise after its first quarter results beat expectations, despite reduced ad spending, TikTok competition etc
Microsoft Shares Rise As Q3 Earnings Beat Forecasts
Azure cloud delivers for Microsoft despite tough economic conditions – with artificial intelligence slated for future growth
EU Agrees Comprehensive Framework For Crypto Regulation
EU Parliament approves 'Markets in Crypto Act' (MiCA) for regulation of crypto transparency, disclosure, authorisation, and supervision
UK Government To Deliver Crypto Laws In Next 12 Months – Report
Treasury minister says UK could introduce specific laws aimed at regulating cryptocurrency in next 12 months
Netflix Ends DVD By Post, Amid Password-Sharing Crackdown
Mostly positive results from Netflix, as streaming giant winds down legacy DVD via post program and expands password crackdown
Apple Doubles Investment In Carbon Removal Fund
Investment by Apple of another $200 million in the ‘Restore Fund’, to remove carbon emissions and support sustainable forestry
Samsung To Cut Chip Production Amid Profit Decline
Electronics giant Samsung will make “meaningful” cut to chip production, amid global downturn in semiconductor demand
Foreign Cash Flows Into China On Alibaba Breakup Plan
Foreign investment in China surges after Alibaba announces breakup plan, as investors see sign of more business-friendly attitude from Beijing
South Korea, US Seek Do Kwon Extradition
Who has first dibs? South Korea and the United States have both requested the extradition of Terra co-founder Do Kwon
Apple Launches Buy Now, Pay Later Service For US
Fintech move for Apple after it launches service to allow consumers in the US to pay for purchases over time
Sam Bankman-Fried Charged With Bribing Chinese Officials
New US indictment alleges FTX's Sam Bankman-Fried paid over $40 million to bribe at least one official in China
Investors Pull $1.6 Billion After US CFTC Charged Binance
Over a $1 billion withdrawn from biggest crypto exchange Binance, after regulators allege violation of US financial laws
Terra Co-Founder Do Kwon Arrested In Montenegro
Interpol confirms Do Kwon arrested after six months on the run, after spectacular demise of TerraUSD cryptocurrency
FTX Agrees Deal To Recover $400m From Hedge Fund
New management of failed crypto exchange FTX announce deal to recover more $400 million from a Bahamas-based hedge fund
SEC Charges Celebrities Over Cryptocurrency Endorsements
Lindsay Lohan, Jake Paul and other celebrities charged by the US financial watchdog over cryptocurrency endorsements
Budget 2023: Industry Reaction To Quantum Investments etc
UK is the world's third largest tech economy, so Chancellor of the Exchequer Jeremy Hunt’s spring 'growth' budget has generated some reaction
Cryptocurrencies Rise After US Authorities Rescue SVB Depositors
Cryptocurrencies rise after US authorities intervene to restore confidence in banking sector following collapse of Silicon Valley Bank
Failed Silicon Valley Bank UK Arm Sold To HSBC For £1
Government facilitates sale of UK operations of failed Silicon Valley Bank to HSBC as authorities work to limit fallout of biggest bank failure since 2008
Silvergate Bank To Close Down, Amid FTX Aftermath
Elon Musk Admits “Massive Decline” In Ad Revenue
Elon Musk says Twitter may be cash flow-positive next quarter, which may not surprise observers after all his cost-cutting
ARM Disappoints UK With Decision To List Only In New York
UK Financial Conduct Authority blamed for 'inflexibility', as ARM owner Softbank opts for US-only public listing
Ransomware Hackers Ask Victims For Cyber Insurance Details
Varonis warns that HardBit ransomware asks victims to share their cyber insurance details, to help achieve their extortion aims
Avaya Files For Chapter 11 Protection, Again
Filing for bankruptcy protection will allow cloud comms provider Avaya to reduce its total debt burden to manageable levels
Funding Round Values China EV Maker Zeekr At $13bn
Geely electric vehicle brand Zeekr valued at $13bn following latest external funding round, as company prepares for possible IPO