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Investing

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David Tudehope Macquarie Telecom

Macquarie Technology Group announces $130m equity raise for data centre expansion

The Macquarie Technology Group is halting trading whilst it raises $130m to expand its data centres

  • By Rosie Whittaker
  • Forbes Staff

FTC sues to stop Microsoft’s $70 billion acquisition of Activision Blizzard

The US Federal Trade Commission sued Microsoft on Monday in an effort to stop the company from closing its almost $70 billion purchase of Activision Blizzard

  • By Molly Bohannon

Elon Musk’s replacement reveals ‘why’ she joined Twitter

From so-called freedom of speech to a new town square, Yaccarino’s vision for Twitter seems indistinguishable from Musk’s.

  • By Molly Bohannon

Meta’s ‘response to Twitter’ may launch soon. Here’s what you need to know

Screenshots of the app, which emphasises safety and reliability, look a bit like Twitter.

  • By Molly Bohannon

Netflix password crackdown boosts subscribers and stock price

Since the streaming giant told users they could no longer share accounts across multiple households, daily sign-ups have increased more than 100%, new data shows.

  • By Katherine Hamilton

Reddit CEO pushes back against blackout—Will let users vote out moderators

Reddit CEO Steve Huffman is looking to put an end to the site’s blackout.

  • By Antonio Pequeño IV

Ranked: The world’s largest media companies in 2023

The Magic Kingdom has had a roller-coaster year in the middle of a political firestorm but posted strong enough results to remain in the top 100 of the Global 2000.

  • By Marisa Dellatto
  • Forbes Staff

The future of Wall Street: Fintech 50 2023

Innovative firms serving the back office needs of Wall Street and other large enterprises continue to prosper, with promising new startups in a crucial niche–fraud prevention–sprouting.

  • By Hank Tucker
  • Forbes Staff

Zip Co reveals plans to reduce debt by $192 million, raise funds

Australian fintech Zip Co has entered a trading halt as it undertakes a capital raise and liability management exercise.

  • By Anastasia Santoreneos
  • Forbes Staff

Hours of oxygen left: Search for missing Titanic submarine hits 4km deep

The race to find the submersible that went missing on an expedition to the Titanic wreckage intensifies as oxygen time is expected to run out in less than 10 hours.

  • By Anastasia Santoreneos
  • Forbes Staff
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