Shein cash giveaways similar to Temu’s raise data privacy issues April 30, 2024 Fast-fashion giant Shein has launched a number of promotions on its app, such as "magic draw", "draw easily", "free gift", and "spin to win".
Meta to face £2.2bn class action after failing to overturn approval April 30, 2024 Meta is set to face £2.2bn over allegations it abuses its dominant market position by imposing unfair terms after the Tribunal threw out its appeal
Ferrari-owners Exor to lead £12m funding round for British AI company Jigsaw April 29, 2024 Before Jigsaw, the co-founders worked on building XRef, a proofreading software company, which they sold for a reported $10m (£8m).
Gresham posts strong results as it gears up to leave London Stock Exchange April 29, 2024 It comes three weeks after Gresham announced it is set to be bought by STG Partners, an American private equity firm, for just under £150m.
Microsoft’s UK revenue soars on success of cloud storage services April 28, 2024 Microsoft's UK revenue surged to over $8bn as it added 600 new staffers last year, according to new company filings.
Shares in Apple trade at 12-month low ahead of company’s earnings April 28, 2024 Apple's stock woes largely stem from stagnant earnings per share growth, a drop in iPhone sales and ongoing regulatory pressures.
Amazon: AWS, Prime and AI set to drive first-quarter earnings April 28, 2024 Analysts said that Amazon has recently got its mojo back after losing momentum over the last few years.
‘Existential crisis’: London Stock Exchange exodus tops £60bn after Darktrace deal April 26, 2024 A top investment bank has sounded the alarm and called on government to act today after a take-private deal for Darktrace took the total value of London Stock Exchange exits to north of £60bn.
Darktrace leaving London isn’t just ‘bad news’ for the LSE. It’s a crisis. April 26, 2024 Losing Darktrace to private equity must surely focus the minds of decision makers - this is a crisis
American private equity firm to snap up Darktrace for £4.3bn April 26, 2024 American private equity firm Thoma Bravo has struck a deal to buy British cyber security company Darktrace in an all-cash transaction.