Giles Turner
Bloomberg
United Kingdom
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Past articles by Giles:
Ye to Buy Controversial Social Networking App Parler
Ye, formerly known as Kanye West, has agreed to buy Parler, a social media platform that has been embraced by conservatives who departed Twitter over allegations of political censorship. → Read More
Elon Musk Makes $43 Billion Unsolicited Bid to Take Twitter Private
Elon Musk has made a controversial offer to buy Twitter Inc., saying the company has extraordinary potential and he is the person to unlock it. → Read More
Elon Musk Takes 9.2% Stake in Twitter After Hinting at Shake-Up
Elon Musk has taken a 9.2% stake in Twitter Inc. to become the platform’s biggest shareholder, a week after hinting he might shake up the social media industry. → Read More
Nvidia Quietly Prepares to Abandon $40 Billion Arm Bid
Nvidia Corp. is quietly preparing to abandon its purchase of Arm Ltd. from SoftBank Group Corp. after making little to no progress in winning approval for the $40 billion chip deal, according to people familiar with the matter. → Read More
SoftBank’s $100 Billion Fund for Startups Pays Too Little to Retain Top Talent
As the Japanese company prepares to distribute profits in December, some of its key startup investors have headed for the door. → Read More
U.K. Considers Blocking Nvidia Takeover of Arm Over Security
The U.K. is considering blocking a takeover of Arm Ltd. by Nvidia Corp. due to potential risks to national security, according to people familiar with the discussions. → Read More
SoftBank Vision Fund Employees Depict a Culture of Recklessness
Masayoshi Son’s venture capital firm is famous for making outsize bets on tech startups. It has also been described as an environment of sycophancy and harassment. → Read More
Add Data Sharing to List of Brexit Bumps for EU, U.K.
The smooth transfer of personal data between the European Union and the U.K. — from bank details to your Uber bill — is vital for almost every British business. The U.K. is intent on maintaining that relationship after Brexit, but the EU is making no promises that data-privacy rules will remain as they are. → Read More
SoftBank Weighs $90 Billion Value for Mobile Unit
SoftBank Group Corp. is considering seeking a valuation of about $90 billion for its domestic wireless business in a planned initial public offering, according to people familiar with the matter. → Read More
U.K. Treasury Hires Ex-Obama Adviser to Study Tech Competition
The U.K. Treasury has put together a panel, led by a former top economic adviser to Barack Obama, to look at how to manage competition in the face of fast-growing U.S. tech giants. → Read More
SoftBank-Owned ARM Is Said to Agree to Buy U.S.'s Treasure Data
ARM Holdings Plc, the British computer-chip designer owned by SoftBank Group Corp., has agreed to buy U.S.-based data analytics firm Treasure Data Inc., people familiar with the matter said. → Read More
U.K. Democracy 'Facing a Crisis' From U.S. Social Media Giants
The U.K.’s political system cannot cope with the threats from fake news, according to a panel of British lawmakers investigating the impact of social media on recent elections. → Read More
Sonos to Raise Up to $264 Million in Initial Public Offering
Sonos Inc., the wireless speaker pioneer taking on Amazon.com Inc., Google and Apple Inc., plans to raise as much as $264.1 million in its upcoming initial public offering. → Read More
Uber Rival Gett Is Said to Mull Sale of Ride-Share Startup Juno
Gett Inc., the ride-hailing app that competes with Uber Technologies Inc., is weighing an exit from the U.S., just over a year after spending $200 million to enter the market. → Read More
Uber Is in Talks With Careem to Merge in Middle East
Uber Technologies Inc. and Careem Networks FZ are in preliminary talks to combine their Middle Eastern ride-hailing services, hoping to resolve a costly rivalry as Uber prepares for a public offering next year, according to three people familiar with the matter. → Read More
The Biggest Winner of Dell's Public-Market Return? Michael Dell
Michael Dell is returning his eponymous technology company to public markets, after extolling the virtues of being private for years. But this time, it’s going to be on his terms. → Read More
Saudi Wealth Fund Chief Joins Board of SoftBank's Arm Group
The head of Saudi Arabia’s Public Investment Fund has joined the board of U.K. chip designer Arm Holdings Plc, deepening ties between the PIF, ARM parent SoftBank Group Corp., and its near-$100 billion technology financing vehicle. → Read More
Darktrace Said to Hit $1.25 Billion Valuation in Stock Sale
Two early investors in Darktrace Ltd. sold some of their shares in a secondary sale, valuing the British cybersecurity company at $1.25 billion, according to a person familiar with the plans. → Read More
Silver Lake Agrees to Buy Property Portal ZPG for $3 Billion
Silver Lake agreed to buy property platform ZPG Plc for almost 2.2 billion pounds ($3 billion) as the U.S. private-equity investor seeks to grow further in U.K. real-estate. → Read More
No News on Softbank Leaves Swiss Re Investors in Dark on Deal
Swiss Re AG shed little light on Friday on reports that talks over selling a stake in itself to billionaire Masayoshi Son’s SoftBank Group Corp. have stalled. → Read More