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IG Group reports slower rise in interim profit as market volatility eases
(Reuters) - Online trading platform IG Group on Thursday reported a slower growth in half-yearly profit and said it added fewer new active clients than in the previous year, as market volatility spurred in part by the COVID-19 pandemic eased.
Tencent quietly updates QQ with Unreal game engine in possible metaverse move
New feature called Super QQ Show launches on QQ allowing users to socialise and interact as they would in games like Animal Crossing. Analysts say QQ engine update could be a major move by Tencent into metaverse-related projects.
Online retailer Farfetch enters beauty sector with Violet Grey purchase
PARIS (Reuters) - London-based online luxury fashion retailer Farfetch said on Friday it plans to purchase U.S.-based beauty retailer Violet Grey, marking its expansion into the cosmetics business with an eye to reaching younger consumers.
AutoStore and Ocado 'robot war' spills into Germany
OSLO/LONDON (Reuters) - Norwegian warehouse robot maker AutoStore
The big rotation: European tech in biggest monthly drop in 13 years
LONDON (Reuters) - European technology stocks fell into bear territory on Friday and were on track for their biggest monthly drop since the 2008 global financial crisis amid worries the U.S. Federal Reserve will aggressively tighten its monetary policy.
UK tycoon Lynch ready for fraud verdict in epic HP court fight
A software tycoon, whose company was acquired by Hewlett Packard Enterprise Co, is about to see if he can be held responsible for the company' s
Valereum buys Gibraltar Stock Exchange to create crypto hub
LONDON (Reuters) - Blockchain company Valereum said on Friday it would buy 90% of the Gibraltar Stock Exchange (GSX) to create the world's first bourse where shares and cryptoassets can be traded.
Ladbrokes owner Entain eyes metaverse with new innovation hub
(Reuters) -British gambling firm Entain Plc said on Monday it planned to develop products for the metaverse with an investment of up to 100 million pounds ($134 million) in a new innovation centre.
Vodafone shares rise on Cevian news, hopes for more deals
LONDON (Reuters) - Shares in Vodafone rose 4% on Monday after reports that activist investor Cevian Capital had bought an undisclosed stake in the mobile group to encourage it to lead a consolidation drive in Europe.
Reddit co-founder Ohanian's venture capital firm raises $500 million
(Reuters) - Reddit co-founder Alexis Ohanian said on Tuesday his venture capital firm 776 Management LLC has raised more than $500 million across two new funds.
