Tech Energy Business Strategy Videos Reports
Tech Energy Business Strategy Videos Reports

FIS set to acquire Worldpay in $43bn deal

The purchase of Worldpay by Fidelity National Information Services will create one of the world’s largest providers of electronic payment infrastructure, with the firms’ combined revenue expected to top $12bn

Facebook under criminal investigation over data-sharing deals

New York prosecutors have subpoenaed at least two major technology companies as part of a criminal investigation into Facebook’s data-sharing partnerships

Uber finally settles six-year lawsuit with $20m out-of-court payment

Ahead of plans to go public later this year, Uber has confirmed that it has settled a long-running class-action lawsuit with drivers in California and Massachusetts

Former Google executive awarded $45m payout amid sexual harassment accusations

New court documents have revealed that Google paid former senior executive Amit Singhal a severance package of up to $45m despite allegations of sexual harassment

Tesla reverses decision to cut store numbers

Having previously announced that it would begin selling its vehicles solely online to reduce prices, Tesla has now confirmed that it will keep some of its physical stores open

Sam Altman steps down as president of Y Combinator to focus on OpenAI

Sam Altman, who will now transition into the role of chairman, has transformed Y Combinator into a global powerhouse during his five-year tenure as president

Airbnb agrees purchase of last-minute booking app HotelTonight

The purchase of HotelTonight should broaden Airbnb’s offering, helping the home-sharing company develop into a fully fledged travel service ahead of its initial public offering, which is expected to take place later this year

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Facebook pivots to privacy-based model

Facebook CEO Mark Zuckerberg set out his vision for a platform focused on security, where content “won’t stick around forever”

JD.com launches online store on Alphabet’s Google Express site

Chinese web giant JD.com has partnered up with Google to launch an online store that will sell to US consumers

Revolut denies accusations of money laundering negligence

London-based digital bank Revolut is the subject of regulatory probes in the UK and Europe following allegations of money laundering and fraud

Google claims it faces “fierce competition” in Australian market

Tech giant Google is disputing the findings of a report by the Australian consumer regulator that show it has a monopoly on online search and advertising in the country

Tesla announces price slash on Model 3

To fund the lower price of its mass-market Model 3 car, Tesla has announced the closure of physical stores and significant jobs cuts

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