United Kingdom

Supantha Mukherjee

GitLab raises $268 million in funding, may look at direct listing

17 Sep 2019

GitLab said on Tuesday it had raised $268 million in its latest round of funding, taking the valuation of the U.S. coding platform to $2.75 billion in its run-up to a stock market launch next year where it might opt for direct listing.

Apple may steal Netflix streaming crown, but only for a year

11 Sep 2019

Apple Inc's move to offer a free TV+ subscription for a year with every new device may briefly crown the iPhone maker as the biggest streaming service by user numbers, leapfrogging Netflix Inc .

Elliott Management calls for AT&T shake-up as Trump piles on

09 Sep 2019

Activist investor Elliott Management Corp on Monday unveiled a $3.2 billion stake in AT&T Inc and urged the sprawling U.S. telecommunications and media conglomerate to end its acquisition spree and focus on improving its business. | Video

Broadcom to buy Symantec's enterprise unit for $10.7 billion in software push

09 Aug 2019

Chipmaker Broadcom Inc said on Thursday it will buy antivirus software maker Symantec Corp's enterprise security unit for $10.7 billion in cash to scale up its software business through deals.

Tesla stands by safety claims despite U.S. probes, subpoenas over crashes

08 Aug 2019

Electric carmaker Tesla Inc stood by its Model 3 safety claims on Wednesday in the face of regulatory scrutiny, while documents showed the top U.S. automotive safety watchdog issued at least five subpoenas since last year seeking information about crashes involving the company's vehicles.

Netflix sinks on subscriber losses, analysts still see growth

19 Jul 2019

Wall Street brokerages stuck to a positive outlook on Netflix Inc on Thursday, betting that a strong content slate for the rest of 2019 would reverse shock second-quarter losses in U.S. subscribers that sank its stock price. | Video

Weak Amazon, Alphabet results ignite growth worries

26 Oct 2018

Shares of Amazon.com Inc dropped by the most in four years on Friday after its outlook for holiday season sales missed targets, fanning concerns that Wall Street's tech darlings are finally starting to face stronger competition. | Video

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