The internet business has all the trappings of false advertisement. Quick riches and easy bucks. But what is not clear is the hijacking of your intellectual property by refusal to…
technology
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BusinessEconomyGlobal NewsNewsTechnology
Scottish Mortgage asked to get real on private holdings like SpaceX, ByteDance
Elliott Investment Management’s intentions on Scottish Mortgage Investment Trust PLC (LSE:SMT) became clearer over the weekend after the activist investor recently built a 5% stake in the FTSE 100 investment company. According…
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EuropeInvestmentNewsRussiaTechnology
EU Wards Off Russian Tech Investment via Its Startup Fund
by Joseph Kellyby Joseph KellyLISBON — The European Union’s €10 billion startup fund has introduced new rules allowing it to exclude co-investments from countries like Russia in sensitive technologies in Europe, the president of…
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InvestmentMiddle EastNewsTechnologyUAE
Revealed: UAE’s Investment Technology Market to Reach $325mn by 2025
The UAE’s investment technology sector, which leverages technology to make investing more accessible and user-friendly, is predicted to see an unprecedented growth – projected at 145 percent – in the…
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Global InvestmentsInvestmentNewsTechnology
Silicon Valley Has an AI Boom Invigorating Global Investments
Silicon Valley has observed a substantial rise in investments allocated towards artificial intelligence (AI) startups, as funds accumulated $17.9 billion during the third quarter. According to PitchBook data, funding for AI firms experienced…
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EuropefinancialInvestmentInvestorsNewsTechnology
European Fintech Investment Plummets, but More Sustainable Future Lies Ahead
Investment in fintech across Europe fell by 70% in the first six months of this year, with “more pain” expected for the sector as investors take a more disciplined approach. But…
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ChinaInvestmentNewsTechnologyUS
House Committee Targets Crackdown on U.S. Investment in Chinese Tech, Military Development
by Arnav Perezby Arnav PerezWASHINGTON — Members of a bipartisan House committee examining economic competition between the U.S. and China said Tuesday that Congress needs to legislate barriers for American investment in Chinese companies,…
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financialInvestmentNewsTechnologyUK
Britain’s $4.5 Billion Digital Bank Monzo Debuts Investments Feature
Monzo, the $4.5 billion digital challenger bank, launched a feature that lets users make investments —marking its first foray into the massive financial investment market. The feature, called Investments, will…
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AsiaEuropeGermanyInvestmentNewsTechnology
Taiwan Pitches Deeper Europe Engagement After TSMC Germany Investment
TAIPEI/BERLIN, Aug 9 (Reuters) – Taiwan said on Wednesday chipmaker TSMC’s 3.5 billion euro ($3.83 billion) investment in Germany would drive deeper engagement between the island and Europe, while Berlin…
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EconomyFeaturedfinancialGlobal NewsInvestmentNewsTechnology
Microsoft to shed 10,000 jobs, adding to glut of tech layoffs
by Julien Rayby Julien RayMicrosoft Corp (NASDAQ:MSFT) on Wednesday said it would eliminate 10,000 jobs and take a $1.2 billion charge to earnings, as its cloud-computing customers reassess their spending and the company braces for…
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