Vodafone UK will own 51 percent of combined entity with Three UK, as challenge to EE and Virgin Media O2 heats up
News Enterprise
Judge Grants FTC Injunction To Temporarily Block Microsoft-Activision Deal
Temporary restraining order by US regulator to prevent Microsoft's acquisition of Activision, is granted by US judge
EU Approves €8 Billion in State Subsidies for Tech Research
European Commission approves 8.1 billion euros ($8.7 billion) of state aid for microelectronics and communication tech projects
Coinbase, Binance Hit Back After SEC Lawsuits
Coinbase CEO Brian Armstrong hits out at SEC chair Gary Gensler, while Binance alleges Gensler sought role at crypto exchange
Microsoft’s Brad Smith Meets Chancellor After Blocked Acquisition
Microsoft's Brad Smith meets with Chancellor and CMA, after saying the Activision block discourages investment in UK
SEC Sues Binance, CEO, And Coinbase
US financial regulator alleges US clients of Binance have $2.2 billion at risk, after lawsuits against Coinbase and Binance
Twitter Value Collapses After Fidelity Writedown
Financial institution slashes estimate value of its Twitter stake, suggesting the Elon Musk firm value has decreased significantly
Nvidia Briefly Hits $1 Trillion Valuation
GPU powerhouse Nvidia briefly joins elite $1 trillion valuation club, after its share price continued to rise amid AI boom
China Approves Microsoft-Activision Deal ‘Unconditionally’
Chinese regulator approves $69 Microsoft-Activision Blizzard takeover 'unconditionally' amidst opposition from US and UK
Ericsson Whistleblower Awarded $279m By SEC
Nice little earner. Record $279 million award from the US SEC to unnamed Ericsson whistleblower, over bribery case
EU Approves Viasat Inmarsat Merger
European blessing. Last remaining regulatory hurdle cleared, allowing proposed merger of Viasat and Inmarsat
Microsoft Appeals CMA Veto Of Activision Blizzard Acquisition
Expected appeal is filed by Microsoft against UK watchdog's decision to block its acquisition of Activision Blizzard
Virgin Orbit Shuts Down After Chapter 11 Filing
Sir Richard Branson ends Virgin Orbit operations going forward, with assets being sold off to rivals in space launch sector
Bail Rescinded For Terra Co-Founder Do Kwon
Higher court in Montenegro rescinds 800,000 euro bail for Do Kwon due to flight risk concerns, after US and South Korean charges
Meta Sells Giphy At Huge Loss After CMA Order
Mark Zuckerberg firm takes $260m (£210m) loss selling gif search engine Giphy, after UK ordered its divestment
BT To Cut 55,000 Jobs By 2030
Sign of things to come? BT is cull 55,000 jobs by 2030, and says that a fifth of the roles will be replaced by AI
Broadcom Offers Remedies To Ease EU Worries Over VMware Deal
US chipmaker Broadcom offers interoperability remedies to address European antitrust concerns over $61bn VMware deal
Vodafone To Cut 11,000 Jobs, After Strategic Review
New boss of Vodafone loses little time and confirms 11,000 jobs are to go, as the operator seeks to turn around its fortunes
Sam Altman Start-Up Worldcoin ‘Close To Securing $100m’
Worldcoin, co-founded by OpenAI chief Sam Altman, close to securing $100m in new funding round amidst 'crypto winter'
Kioxia, Western Digital ‘Accelerate’ Merger Talks
Toshiba memory spin-off Kioxia and Western Digital said to accelerate merger talks amidst oversupply, falling demand
UK Further Restricts Microsoft-Activision Buy
UK CMA regulator places further restrictions on Microsoft and Activision to 'prevent pre-emptive action' by companies
UK’s CMA Approves Viasat Inmarsat Merger
UK watchdog greenlights proposed merger of Viasat and Inmarsat, finding there is sufficient competition in the market
India To Reopen Applications For $10bn Chip Incentives – Report
Bad news for China? India is to reopen application process for $10bn in incentives to build local chip factories
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
BlackBerry To Review Strategic Options
Board of directors at BlackBerry to review firm's 'strategic alternatives', including possible separation of some of its businesses
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
UK Regulator Defends Microsoft Activision Decision, After Angry Response
Microsoft and Activision slam UK decision to block acquisition, but CMA boss says blocking $69 billion deal was “right decision”
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