Ericsson and Samsung ink deal to end global patent dispute May 7, 2021 Ericsson and Samsung have signed a multi-year agreement on global patent licences between the two companies, ending a legal battle that hit the Swedish firm’s first-quarter revenue. In a statement this morning Ericsson said the cross-licence agreement covers sale of network infrastructure and handsets from the beginning of this year. The two tech firms have [...]
Carbon Offsetting September 21, 2023 Carbon Offsetting, Carbon Neutral, Net Zero. What are they and why should AIM company boards care? Last week carbon offsetting made headlines again when The Guardian reported that the UK Advertising watchdog is to crack down on Carbon Neutral and Net Zero claims as a result of recent offsetting controversies, including from one of the most widely [...]
‘Live by the sword, die by the sword’: Chinese plot to take control of Congolese lithium mine could crash Australian firm’s shares May 20, 2022 A plot by a coalition of powerful Chinese battery manufacturers, to take control of the world’s biggest lithium mine, threatens to crash the share price of Australian miner AVZ Minerals, a mysterious short seller has said. AVZ Minerals could lose control over the Manano lithium mine in the Democratic Republic of Congo (DRC) and be [...]
Space race: Amazon seeks approval for 4,538 new satellites November 5, 2021 Amazon owned Kuiper has filed an application to launch 4,538 satellites into space as competition with Elon Musk’s SpaceX heats up. Both Bezos’ Kuiper and Musk’s SpaceX have filed applications to the FCC to allow the companies to build satellite fleets in low-Earth orbit as the tech giants line up to provide tens of millions [...]
The on-off-on takeover saga that saved the London Lions from extinction August 23, 2024 For the London Lions and fans of the dual British basketball champions, it has been a summer of more twists and turns than a slam dunk contest — only a lot less fun.
Crypto exchanges commit to ‘proof of reserves’ in wake of FTX bankruptcy November 14, 2022 Data from CryptoCompare shows the price of Bitcoin plunged over the past week, going from around $20,000 to a low under the $16,000 mark.
JP Morgan sues Tesla for $162m warrant dispute over Elon Musk tweet November 16, 2021 JP Morgan has sued Tesla for $162m and accused the EV carmaker of “flagrantly” breaching a contract related to stock warrants, after CEO Elon Musk threatened to take the company private in a 2018 tweet. According to the filing in New York on Monday, Tesla sold warrants to the US investment bank that would pay [...]
Allianz under investigation by German regulator September 7, 2021 An investigation into insurance giant Allianz has been launched by regulators in Germany, after the loss of some of its US investment funds last year, according to Reuters who first reported the news. The German insurance company is one of the largest money managers globally and has €2.4 trillion ($2.9 trillion) in assets under management [...]
Amazon files lawsuit contesting Pentagon’s decision to award $10bn contract to Microsoft November 23, 2019 Amazon has filed a lawsuit contesting the Pentagon’s decision to award an up to $10bn cloud computing contract to Microsoft. A spokesperson for Amazon said the company had filed a complaint and supplement motional for discovery with the US Court of Federal Claims. Read more: Amazon to appear Pentagon’s decision to award Microsoft $10bn cloud [...]
Ghosn down: Two Americans to serve time in Japan for role in ex-Nissan boss’ escape July 19, 2021 Two Americans have been given jail time in Japan for their role in the daring escape of former Nissan chief Carlos Ghosn from house arrest in 2019. The pair were extradited from the States after the Japanese Government alleged they helped smuggle Ghosn out of Japan in a luggage box aboard a private jet. They [...]