Twitter has accused Elon Musk of “looking for an excuse” to get out of a deal to buy the company because the stock market decline meant it was no longer favourable for him. The social media platform has sued Mr Musk to force the completion of the 44 billion dollar (£36.2 billion) takeover after the […]
Archive | August, 2022
Chime sound was key to company success, Ring smart doorbell creator says
The sound of the doorbell chime used by smart home firm Ring was the key thing to get right in order to make the company a success, founder Jamie Siminoff has said. The Ring chief executive and chief inventor said the most successful companies long-term had built brands that often involved iconic or familiar sounds. […]
Nintendo profits down after supply chain issues hamper Switch console production
Gaming giant Nintendo has said a drop in sales and profits in its latest financial results is down to global supply chain issues affecting the production of its popular Switch console. The Japanese firm said overall sales to June 30 fell 4.7% compared to this time last year, with unit sales for the Switch family […]
Avast’s £6bn cybersecurity merger given provisional approval
The £6 billion merger between British cybersecurity company Avast and US rival NortonLifeLock has been provisionally given the green light by the UK competition watchdog. The Competition and Markets Authority (CMA) said it does not believe the tie-up raises competition concerns in the UK following an in-depth merger launched in March. The CMA said while […]