Fund raising

Elon Musk Admits Tesla Was ‘A Month Away’ From Bankruptcy

The CEO of the world's most valuable car maker has admitted Tesla was at one stage in serious danger of…

1 year ago

McAfee Raises $620 Million With Wall Street Return

Security vendor McAfee has returned to the public markets with an IPO that raised $620 million, below the $740 million…

1 year ago

Bletchley Park Financial Crisis Eases After Facebook’s £1m Donation

Jobs have been saved at the birthplace of modern computing Bletchley Park, after a much needed £1 million donation from…

1 year ago

Trump Administration Pledges $1 Billion For AI, Quantum Computing Research

White House pledges $1 billion for research push in the United States into artificial intelligence (AI), 5G and quantum computing

1 year ago

Facebook To Pay France £96 Million In Back Taxes

France continues pursuit of back taxes from big name tech firms, after Facebook agrees to hand over £96 million to…

1 year ago

Bletchley Park Faces Funding Crisis, Prepares To Axe Staff

World war 2 code breaking centre is facing a funding crisis due to Coronavirus pandemic, with third of workforce being…

1 year ago

Mozilla To Axe Quarter Of Its Workforce

Jobs losses. 250 jobs to be axed at Firefox creator Mozilla, with Coronavirus being blamed for “significant restructuring”

1 year ago

Former Wirecard CEO Released From Jail

Former Wirecard CEO Markus Braun walks free after arrest on Monday for allegedly falsifying the accounts for the German fintech…

1 year ago

US Pulls Out Of Global Digital Tax Talks

European Union warns it will impose its own digital tax on technology giants, after the United States withdraws from global…

1 year ago

BT Begins Talk To Sell Stake In Openreach – Report

Selling off the crown jewels? BT is reportedly in talks to sell a multi billion pound stake in its hugely…

2 years ago

Coronavirus: Cisco Commits $225 Million To Covid-19 Fight

Networking giant Cisco pledges nearly quarter of a billion dollars to help global community fight the Coronavirus pandemic

2 years ago

Google To Spend Billions On US Data Centres

Alphabet CEO Sundar Pichai confirms plan to spend $10 billion in 2020 on Google data centres and offices across the…

2 years ago

Cryptocurrency Attendees Should Avoid North Korean Conference, Warns UN

Experts at the United Nations (UN) warn attendees of upcoming cryptocurrency conference in North Korea they could be cited for…

2 years ago

France, US To Attempt Digital Tax Agreement In Two Weeks

Both countries have set the target of two weeks to reach agreement over France's implementation of a digital or tech…

2 years ago

Boris Johnson Backs Digital Tax, Despite US Opposition

Prime Minister defies US President Trump and insists British digital tax on US tech giants will proceed

2 years ago

Alibaba Listing Success As Shares Surge

Blockbuster debut in Hong Kong for one of China's most prominent tech companies

2 years ago

Samsung Display To Invest $11 Billion In LCD Plant – Report

Huge investment is planned by Samsung to upgrade its display panel production facilities in South Korea

2 years ago

Oxford University Gets £150m Investment For AI Ethics

University's largest ever donation from American billionaire will fund research into AI ethics

2 years ago

Uber IPO Sets Market Value At $82bn Despite Lack Of Profit

Public offering to raise $8bn to drive expansion and fund driverless cars and food delivery

3 years ago

French Digital Tax To Swell Government Coffers

Nice little earner. French finance minister predicts its digital tax could bring in half a billion pounds a year

3 years ago

EU To Agree Digital Tax By March, Says French Minister

European-wide tax on tech firms to be agreed by March, predicts French finance minister

3 years ago

France Starts Digital Tax On Amazon, Facebook, Google

Tech giants to pay digital taxation from 1 January in France, after EU countries fail to reach agreement

3 years ago

Dell Returns To Public Trading With NYSE Listing

Five years after going private in a bitter battle, Michael Dell braves public trading once again

3 years ago

France To Press Ahead With Digital Tax In 2019

Tax on tech giants will begin in 2019 by individual nations if necessary, warns French finance minister

3 years ago

RSA Conference 2019: Security Startups To Pitch For ‘Dragon Den’ Funding

Conference to allow security start-ups to pitch to venture capitalists, amid competition to find most innovative security start-up

3 years ago

US Regulator Seeks Elon Musk Removal At Tesla

One tweet too far? SEC accuses Musk of securities fraud and seeks his removal as the head of Telsa

3 years ago

Government, Tech Firms Invest £1bn Into British AI Industry

Deal worth £1 billion from private sector and government to put UK at forefront of artificial intelligence industry

4 years ago

EU Unveils ‘Interim’ Online Tax Proposals For Tech Giants

Tech tax. Facebook, Apple, Google, and Amazon to be impacted by proposed three percent tax on revenues

4 years ago

Microsoft Ventures Launches AI Startup Competition

The software giant's investment arm and other participating venture capitalists will pour a total of $3.5 million into the winning…

4 years ago

Funding For UK Fintech Surges Despite Brexit Vote

Weathering Brexit...funding skyrockets for British fintech start-ups, as UK ranked third for investment

4 years ago