Tech
SEC investigating whether OpenAI investors were misled
Regulator is examining internal communications of CEO Sam Altman, after board last year temporarily ousted him for alleged lack of candour
Microsoft’s partnership with OpenAI to be probed by UK regulator
Microsoft said it will work closely with the CMA to provide all the information it needs
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Microsoft scores win as competition watchdog allows revised Activision deal
Microsoft’s Activision deal has been provisionally approved. What happens next?
2 min read
Arm’s strong debut shows bankers green shoots in IPO market
Arm deal is expected to lift tech IPOs, but not all future debuts will be as compelling
2 min read
WorldQuant CEO Tulchinsky: AI must work with human traders
Game developer turned hedge fund manager says that human investors and machines need to have a ‘symbiotic relationship’
3 min read
EY strikes AI deal to help clients fight financial crime
EY has allied with SymphonyAI to help finance clients fight fraud
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AI investors nervous ahead of Microsoft, Meta and Alphabet earnings
Analysts say the picture isn't necessarily rosy for big tech giants
2 min read
Berkshire Hathaway slashes Activision stake by 70% as Microsoft deal edges closer
Warren Buffett reduces holding after placing a bullish bet on the takeover going through
2 min read
Investor group with more than $2tn targets tech firms on mental health
The 27-strong group will encourage tech companies to mitigate the risks of addiction and keep children safe online
2 min read
HSBC fined $45m for WhatsApp monitoring failures
Large investment banks have now been fined a total of $2bn for failing to monitor employee communications
2 min read
SVB in the UK sold for £1: Here’s everything you need to know about the crisis so far
On 9 March, SVB bled the equivalent of $4.2bn an hour — or $1m a second
2 min read
Six reasons Silicon Valley Bank isn’t another 2008 crisis
If the Twitterati start spreading alarm then we could still face a banking crisis, but there are good reasons to see Silicon Valley Bank as an outlier
Bain looks to cash in on tech rebound with fresh $2.4bn fund
The firm aims to invest the new fund in 10 to 15 technology companies
Hedge funds are jumping on the ChatGPT bandwagon — here’s what you need to know
ChatGPT crossed one million users within five days of its launch. Now hedge funds are interested.
Deadline extended: Excellence in Trading & Tech Awards 2023
The awards, now in their 21st year, recognise the stand-out companies and individuals in the European trading sector
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Microsoft takes 4% stake in London Stock Exchange with cloud partnership deal
LSE says the 10-year deal with tech giant will significantly boost revenue
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SoftBank dumps Alibaba shares, swinging into profit
Share sale more than offsets losses at SoftBank’s Vision funds
2 min read
Brace for a wave of consolidation in investment technology as the bull market fizzles
Asset owners must review their technology stack and consolidate vendors given current market conditions
5 min read
SoftBank mulls launch of a third Vision Fund
Despite massive losses, Japanese billionaire Masayoshi Son has tried to chart a new path for the tech investment giant
4 min read