Elon Musk’s $44bn Twitter takeover bid hit with lawsuit May 7, 2022 Elon Musk and Twitter have been sued by a US pension fund seeking to block the Tesla CEO's $44bn (£35.6bn) takeover of the platform.
Election 2022: Boris Johnson under pressure as hundreds of council seats lost May 7, 2022 The scandal hit conservative party has haemorrhaged support across the UK with hundreds of council seats lost to Labour and the Lib Dems.
Nvidia fined by US watchdog for hiding impact of crypto mining on sales May 7, 2022 US tech giant Nvidia has been slapped with a $5.5m fine by the US financial regulator for concealing the impact of crypto mining on revenue.
West End landlords Shaftesbury and Capco eye £3.5bn merger May 7, 2022 Two major London property firms are in talks about a £3.5bn merger to create an extensive real estate empire in London's West End.
Chelsea agrees terms of £4.5bn takeover bid led by Todd Boehly May 7, 2022 Chelsea has agreed to the terms of a £4.25bn takeover bid from a consortium of investors led by US billionaire Todd Boehly.
Crypto start-ups drive fintech funding boom in first quarter May 6, 2022 Fintech companies raised $29.3bn in the first quarter of the year driven by a series of high value crypto deals, fresh data has revealed.
Exclusive: My mission is to make the UK love crypto, says Matt Hancock May 6, 2022 Former cabinet minister Matt Hancock has doubled down on his support for crypto and said it is his “mission” to make the British public love digital assets. Hancock, who has emerged as a fierce defender of the crypto industry since resigning as health secretary in June, told City A.M. that he wants the UK to [...]
Gucci to accept crypto payments at US stores in digital asset push May 5, 2022 Gucci is doubling down on its support for crypto with plans to start accepting digital asset payments across US stores.
London misses out as Binance taps Paris as home of European HQ May 4, 2022 Crypto exchange Binance has confirmed Paris will be the home of its European Headquarters after securing approval from local regulators.
MicroStrategy widens losses after $170m Bitcoin impairment charge May 4, 2022 Microstrategy deepened losses in the first quarter after facing a $170.1m impairment charge linked to its Bitcoin holdings.
