Saturated streaming market? Netflix pleases investors by recording notable rise in paid subscribers, on top of strong Q4 financials
News Enterprise
EU Set To Reject Amazon iRobot Buy
European Union set to reject Amazon takeover of Roomba robot vacuum cleaner maker iRobot after e-commerce giant fails to offer remedies
Elon Musk Seeks Larger Tesla Stake Ahead Of AI, Robotics Push
Tesla boss wants 25 percent controlling stake in EV giant, before growing firm to be AI and robotics leader
Crypto Firm HashKey Attains Unicorn Status With $100m Funding Round
Hong Kong-based crypto firm HashKey Group attains valuation greater than $1bn after $100m funding round, in sign of digital asset optimism
Microsoft Briefly Overtakes Apple As Most Valuable Tech Company
Microsoft briefly overtook Apple as the most valuable tech company in the world, after share price pushed market cap to $2.87 trillion
SEC Approves Bitcoin ETFs, As Crypto Industry Rejoices
Watershed moment? What does US SEC approval of bitcoin ETFs mean for the bitcoin and entire crypto market?
Hewlett Packard Enterprise To Acquire Juniper Networks For $14 Billion
HPE to acquire Juniper Networks for $14 billion in cash, in a move to bolster its AI networking credentials
SEC Investigates After Fake Post On X/Twitter Account
US securities regulator confirms unknown individual accessed its X social media account to post false message about ETFs
EU’s Antitrust Head To Meet Tech CEOs Next Week
Margrethe Vestager to met Tim Cook, Sundar Pichai, Jensen Huang etc to discuss EU digital regulation and competition policy
Intel Spins Out AI Firm Articul8, With DigitalBridge Backing
AI software developed at Intel is being spun off into independent firm Articul8 AI, with investment firm backing
Terra Co-Founder Do Kwon Violated US Law, Judge Rules
US judge sides with SEC, after ruling Do Kwon and Terraform Labs violated US law by failing to register two digital currencies
Israel Agrees $3.2bn Grant For Intel $25 Billion Chip Factory
Intel to make its largest ever single investment in Israel, with a $25 billion chip-making factory in the south of the country
Hyperloop One To Close Down – Report
Futuristic travel experiment Hyperloop One to cease operations, as assets sold off and remaining staff made redundant
Controversial Parler Platform Set For 2024 Return
Social media platform Parler says it will return in Q1 2024 under new owners, after its closure back in April this year
Toshiba Delisted From Toyko Stock Exchange After 74 Years
End of an era for Japanese electronics giant Toshiba, as it undergoes transition into private ownership after years of upheaval
Jack Ma-Backed Seafood Start-Up Begins Online Sales
Jack Ma-backed start-up 1.8 Meters Marine Technology begins selling seafood in stores and online as billionaire finds post-retirement focus
Adobe Abandons Figma Buy In Face Of EU, UK Probes
Adobe terminates acquisition of cloud design software maker Figma amidst mounting regulatory challenges in EU, UK
UK Regulator Begins Scrutiny Of Microsoft Partnership With OpenAI
CMA seeks feedback about the relationship between Microsoft and OpenAI, and whether it has antitrust implications
Bank Of England, FCA Propose Rules To Regulate Bank’s Tech Reliance
Financial Conduct Authority, Bank of England publish proposals to bolster tech resistance of the financial sector
FTC Urges Appeals Court To Reject Microsoft-Activision Merger
Last regulator standing. US FTC tries again to block Microsoft's already closed Activision purchase at Federal Appeals Court
Elon Musk’s xAI Seeks To Raise $1 Billion In Equity
AI startup xAI, founded by one of the richest men in the world Elon Musk, seeks to raise up to $1 billion in equity offering
Silicon UK Pulse: Your Tech News Update: Episode 28
Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 01/12/2023.
Broadcom To Axe 1,200 Staff After $69 Billion VMware Acquisition
Staff paying the price. A week after closing $61bn purchase of VMware, Broadcom begins laying off VMware employees
CMA Finds $20 Billion Adobe Figma Deal Could Harm UK Digital Design
Provisional finding from the UK antitrust regulator, the CMA, puts Adobe's $20 billion acquisition at risk
European Commission Cites Competition Concerns Over Amazon’s iRobot Deal
Despite reports deal would be approved, European regulators hand Amazon statement of objections to iRobot acquisition
Binance Founder Changpeng Zhao To Remain In United States
Judge sides says former Binance CEO Changpeng Zhao must remain in the US whilst he considers he request to return to the UAE
Binance Founder Zhao Pleads To Leave United States
Former Binance CEO Changpeng Zhao urges US judge to reject DoJ request to stop him leaving the United States before sentencing
Nissan To Invest £3bn, Switch All UK Models To Full Electric
Japanese car maker to invest £3 billion as it confirms all three models made at UK plant will go 100 percent electric
Terra Co-Founder Do Kwon To Be Extradited
Court in Montenegro approves extradition of 'cryptocurrency king' Do Kwon, but to which country? South Korea or United States?
Amazon Set To Win EU Approval For iRobot Purchase – Report
After UK approval, European antitrust authorities look set to give unconditional approval for Amazon to purchase iRobot