July 13, 2022
Twitter sues Elon Musk over $44bn takeover deal
Twitter has taken billionaire Elon Musk to court to try to force him to buy the social media firm, setting up a legal battle with the world's richest man. It comes after Mr Musk announced he was walking away from his proposed $44bn (£37bn) takeover…
October 29, 2021
Facebook changes name to Meta as it refocuses on virtual reality
Oct 28 (Reuters) - Facebook Inc (FB.O) is now called Meta, the company said on Thursday, in a rebrand that focuses on building the "metaverse," a shared virtual environment that it bets will be the successor to the mobile internet. The name change…
October 8, 2021
Tina Turner sells music catalog going back 60 years to BMG
London (CNN Business) Tina Turner has sold the rights to her music catalog spanning six decades — including songs "What's Love Got to Do With It" and "The Best" — to music publishing company BMG. The legendary singer has also sold the artist's share…
October 8, 2021
Microsoft begins rollout of Windows 11
(CNN Business) Microsoft is rolling out its first major Windows update in six years. But not everyone will be able to get it right away. Starting Tuesday, Windows 11 will be available as a free download to existing Windows users depending on the…
October 8, 2021
Facebook will now ban the sale of protected Amazon rainforest land on Marketplace
(CNN Business) Facebook is cracking down on the ability of people to use its e-commerce platforms to sell large parcels of land in the protected Amazon rainforest. "Today, we are announcing measures to curb attempts to sell land in ecological…
August 27, 2021
China plans to ban overseas IPOs for tech firms with data security risks -source
Aug 27 (Reuters) - China is framing rules to ban internet companies whose data poses potential security risks from listing outside the country, including in the United States, according to a person familiar with the matter. The ban is also expected…
October 3, 2020
Tesla sales surge as global demand picks up speed
Tesla's third-quarter sales jumped 44% as global demand for its electric vehicles outpaced that of most other automakers. The company reported Friday that it had delivered 139,000 SUVs and sedans from July through September, compared with 97,000…
June 13, 2018
Comcast bids for Murdoch’s Fox assets in Disney challenge
Comcast, the US media conglomerate, has submitted another offer to buy parts of 21st Century Fox, after getting rebuffed last year in favour of Disney. Comcast said it has offered $65bn (£48.6bn) in cash for Fox's studios and international…