Musk’s mega merger raises stakes for SpaceX IPO February 4, 2026 Musk’s decision to absorb xAI into SpaceX may strengthen its growth narrative ahead of a mooted IPO. Or, it could add a trifecta of complexity, regulatory exposure and executive risk at a particularly sensitive moment. The all-stock deal values the combined group at around $1.25 trillion (£910bn), making it the world’s most valuable private company [...]
Quality over quantity: UK M&A volume slips but deal value climbs February 4, 2026 UK merger and acquisition deal value increased last year despite a fall in volumes as investors turned their focus to acquiring fewer, higher-quality assets. The total number of UK deals fell 12 per cent year on year to 2,991, down from 3,411 in 2024, according to the latest industry trends data from PwC. But overall [...]
eClerx Recognized as a Gold-Level Adobe Solution Partner February 4, 2026 eClerx Services Ltd (ECLERX.NS), a leading productized services company, today announced that it has been recognized as a Gold Partner for the Americas region within the Adobe Solution Partner Program. Achieving Gold Partner status places eClerx among an elite group of Adobe partners and highlights the scale, maturity, and measurable impact of its enablement capabilities. [...]
Team GB Selects Options as Official IT Provider Ahead of the Milano Cortina 2026 Olympic Winter Games February 4, 2026 Options Technology (Options), a leading provider of cloud-enabled managed services for global financial markets, today announced it has been selected as the Official IT Provider to Team GB. The partnership will support Team GB through the Milano Cortina 2026 Winter Olympic Games and the Los Angeles 2028 Summer Olympic Games, encompassing all competition events, training [...]
LSEG, Sage, Rightmove shares fall as Anthropic AI rattles markets February 4, 2026 Shares in global software giants tumbled again on Wednesday morning as the latest AI innovation from Anthropic rattled global markets. The London Stock Exchange Group (LSEG) extended Tuesday’s losses falling near two per cent in early trading to lows of 6,774.00p before clawing back some gains. Meanwhile Rightmove led the index’s fallers, with a slump [...]
LINVO AG Sponsors Fight Aids Cup 2026 in Monaco February 4, 2026 Football legends unite with royalty for HIV awareness at Stade Louis II
LRN Appoints Patsy Doerr as Chief People & Culture Officer February 3, 2026 Newly created role underscores LRN’s commitment to purpose, culture, employee experience, and values-based leadership
Yoghurt giant Muller takes on HMRC over corporation tax in legal battle February 3, 2026 The makers behind Muller Corner and Muller Rice are taking the UK tax authorities to court over a long-running dispute about corporation tax. Muller UK and Ireland Group, Muller Dairy UK, Robert Wiseman and Sons, and TM UK Production are in a battle with HMRC over whether a company can claim tax breaks on ‘goodwill’ [...]
Musk’s SpaceX swallows xAI ahead of mega IPO February 3, 2026 Elon Musk’s rocket company SpaceX has acquired his AI firm xAI in a deal valuing the combined business at roughly $1.25 trillion (£910bn) as the billionaire tightens control of his empire, ahead of a long-trailed IPO. The all-stock transaction, announced on SpaceX’s own website on Monday, values SpaceX at about $1 trillion, and xAI at [...]
Insurance industry must do more to build consumer trust, says FCA deputy executive February 3, 2026 The insurance industry must do more to build consumer trust amid outdated practices and a flurry of corporate scandals, the boss of Britain’s financial regulator has said. Speaking at the annual Association of British Insurers conference, Sarah Pritchard, deputy chief executive of the Financial Conduct Authority (FCA), noted that despite ongoing innovation within the sector [...]