Made, online furniture retailer, plans London IPO

Made, online furniture retailer, plans London IPO

By Anna Domanska - May 27, 2021

British online furniture seller Made.com plans to float at least 25% of its shares on the London Stock Exchange and aims to raise £100m in its initial public offering. The online

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Apple co-founder Wozniak faces million dollar lawsuit for reneging on tech school deal

Apple co-founder Wozniak faces million dollar lawsuit for reneging on tech school deal

By Anna Domanska - May 26, 2021

Apple co-founder Steve Wozniak is facing a million-dollar lawsuit for allegedly stealing an idea for an online tech school venture. In 2011, Wozniak agreed to open a tech universit

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US $52 billion chip funding could help ease the global chip shortage

US $52 billion chip funding could help ease the global chip shortage

By Anna Domanska - May 25, 2021

The semiconductor chip shortage is far from over but this hasn’t stopped governments around the globe from getting creative to move production ahead. The impact of the chip crisi

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Facebook launches Transparency Center, reveals data on piracy and hate content

Facebook launches Transparency Center, reveals data on piracy and hate content

By Anna Domanska - May 24, 2021

Facebook has launched a new Transparency Center, which along with its biannual report on government data requests, will also provide updates on the company’s policies and how

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Musk sees Russia as possible destination for Tesla factories

Musk sees Russia as possible destination for Tesla factories

By Christy Gren - May 24, 2021

Tesla CEO Elon Musk, while addressing an event in Russia, said that his electric vehicle company was looking at the possibility of opening factories in the country. The 49-year-old

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U.S. Treasury floats global corporate tax rate of at least 15% in international talks

U.S. Treasury floats global corporate tax rate of at least 15% in international talks

By Anna Domanska - May 22, 2021

The U.S. has proposed that corporate around the world pay at least 15% tax on their earnings. The proposal comes as the Organization for Economic Cooperation and Development (OECD)

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Oatly, Swiss dairy brand, goes public with $10 billion valuation

Oatly, Swiss dairy brand, goes public with $10 billion valuation

By Anna Domanska - May 21, 2021

Oatly, the Swedish maker of dairy alternatives, will debut on the US stock market with a $10 billion valuation. It raised $1.4bn in its initial public offering on Wednesday, May 19

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WeWork suffers $2.06 billion loss in Q1, announces plans for another IPO

WeWork suffers $2.06 billion loss in Q1, announces plans for another IPO

By Anna Domanska - May 21, 2021

WeWork, the office-sharing app backed by SoftBank, reported a first-quarter net loss of $2.06 billion as it prepares to go public through the SPAC route. WeWork said it saw a sligh

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Philips announces 2 million share buyback to meet dividends and incentive plans

Philips announces 2 million share buyback to meet dividends and incentive plans

By Anna Domanska - May 20, 2021

Royal Philips, a global leader in health technology, announced that it will repurchase up to 2 million shares to cover long-term incentive and employee stock purchase plans. At th

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