Technology

The Competition Watchdog launched a consultation "very rarely" on Microsoft's attempts to reverse its block on Activision Blizzard's $68.7 Billion takeover. This could set the stage for an eventual climbdown. The Competition and Markets…

Sajid Javid was the then Business Secretary at the time and he had to sell Green Investment Bank. In his annual Mansion House address, Sajid Javid went on the sales pitch to get the City interested. He told the financiers that "green is…

Spotify suffered a €302mn quarterly loss as it incurred costs by deleting podcasts and laying off employees, obscuring the record number new users that signed up in the quarter. Spotify, which invested heavily during the Coronavirus…

The US Federal Trade Commission was dealt a major setback when a California federal judge rejected its request to block Microsoft’s $75bn purchase of Activision Blizzard. This decision marked a significant setback in the ambitious efforts…

Amazon warehouse workers and delivery drivers across the country have been preparing for Amazon Prime Day this week, the annual discount bonanza which is one of the busiest dates in the calendar. As their colleagues prepare to act,…

Trade officials assessed the impact of the latest escalation between the US and China in the technology war after Beijing announced it would restrict the exports metals used for chipmaking. The South Korean commerce ministry called an…

India's richest Mukesh ambani is launching a model of an internet-connected phone for only $12 in an effort to disrupt the market of phones used by a quarter billion people. Ambani has introduced the "Jio Bharat", his cheapest entry in…

Carlyle Group Inc.is purchasing a majority stake of sustainability consultancy Anthesis in order to capitalize on the rising demand for expert advice on environmental matters. People familiar with the transaction, who asked not to be…

Aston Martin Lagonda Holdings plc, and Lucid Group Inc. have a lot to boast about when it comes to their plan to merge. Aston Martin Chairman Lawrence Stroll said Monday that he should be knighted "for what I have done." This was hours…

A drill that is longer than the tallest skyscraper in Stockholm eats away at granite, gneiss and other rocks. After three years of work, the 1,000 ton machine named Elektra and has reached the halfway mark in its journey. The hulking…

Rolls-Royce is optimistic that demand for large, long-haul planes, which are its main market, will "come back strongly", echoing the comments of Airbus, a client. Tufan Erginbilgic who was appointed to the British Aero-Engine Group six…

The investment in start-ups in the military technology sector is growing as the US government becomes more confident that it will award lucrative contracts to Silicon Valley firms developing cutting-edge defence technologies. US venture…

As she tries to win back advertisers, the new Twitter CEO has pledged to turn it into "the most accurate source of real-time news in the world". Linda Yaccarino is a veteran executive in the advertising industry who joined the company…

Apple announced its "mixed-reality" headset, its most anticipated hardware launch since Steve Job unveiled the iPad in 2010. The gadget called Vision Pro will be available by "early next" year. The device combines Virtual Reality and…

A US nuclear developer has announced that he is ready to enter the race for building new reactors in Britain and has asked the government to move faster when selecting a preferred technology. NuScale of Oregon said that it was "very…

The United States government has funded a technology company in the UK to move forward with its plan to build a nuclear power plant and develop abundant clean energy. Tokamak Energy has its headquarters in Oxford, and Sir David Harding,…