Merger and acquisition

ByteDance Would Rather Shutter TikTok US, Than Sell – Report

TikTok's 'secret source' algorithm is so core to ByteDance, it would rather shut down US operation, multiple sources have indicated

7 months ago

Alphabet Mulls Offer For Marketing Software Firm HubSpot

Amidst antitrust scrutiny, Alphabet reportedly plans on making an offer for HubSpot to bolster CRM and cloud position

7 months ago

CMA Begins Phase 2 Probe Of Vodafone Merger With Three UK

Deadline expired for Vodafone to allay CMA concerns over merger with Three UK. In-depth Phase 2 investigation begins

7 months ago

Vodafone Germany Confirms 2,000 Job Losses, Amid European Restructuring

More downsizing at Vodafone after German operation announces 2,000 jobs will be axed, as automation increases in the future

8 months ago

Trump’s Truth Social Moves Closer To $5bn Merger

Donald Trump social media firm Truth Social moves step closer to public offering via acquisition by shell company as investors…

8 months ago

UK Gives Three, Vodafone Five Days To Avoid In-Depth Merger Probe

CMA concerned the merger would lead to a 'substantial lessening of competition' and result in higher prices for consumers

8 months ago

Vodafone Sells Italian Operation For €8 Billion

Last downsizing move? Vodafone sells off another European unit, namely its Italian operation to Swisscom for €8bn in cash

8 months ago

Elliott Walks Away From Currys Offer

Shares in Currys plunge as US investment firm Elliiott Advisers walks away from making offer after being rejected by board…

8 months ago

UK Approves Newport Wafer Fab Sale To US Vishay Intertechnology

Government approves sale of UK's largest chip-making facility to US firm, after blocking sale to Chinese owned entity

8 months ago

Microsoft Investment In Mistral AI Prompts EU Scrutiny Calls

European lawmakers call for investigation after Microsoft this week made small investment in French startup Mistral AI

9 months ago

President Biden To Plug US Data Transfers To China, Russia Etc

US President issues executive order to protect Americans’ sensitive personal data from being transferred to hostile nation states

9 months ago

BT Tower In London Sold, And Will Become Luxury Hotel

Landmark BT Tower in central London to become a luxury hotel, after it is sold for £275m to US hotel…

9 months ago

China’s JD.com Considers Bid For UK Retailer Currys

Currys may be focus of bidding war after rejected bid by US investment firm Elliott as e-commerce giant JD.com considers…

9 months ago

Elon Musk Ordered To Testify In SEC Twitter Takeover Probe

SEC doubles down and orders Elon Musk to testify again, for investigation of his $44 billion Twitter purchase

9 months ago

Disney To Take $1.5 Billion Equity Stake In Epic Games

Disney to collaborate with Epic Games on new content, and will sink a $1.5bn investment into the gaming giant

9 months ago

Yandex Parent To Sell Russian Operations

Parent company of major Russian search engine Yandex to divest Russian operations as it refocuses amidst Ukraine conflict

9 months ago

Amazon Abandons $1.4bn iRobot Buy Amidst EU Opposition

Amazon calls off deal to buy iRobot for $1.4bn after EU raises concerns over competition in market for home devices

10 months ago

UK CMA Opens Antitrust Investigation Of Vodafone, Three Merger

Competition and Markets Authority (CMA) begins Phase 1 investigation of Vodafone UK's merger with Three UK

10 months ago

Microsoft Axes 1,900 Staff After Activision Acquisition

Microsoft adds to job gloom after axing 9 percent of its gaming division, after closing the Activision Blizzard acquisition

10 months ago

EU Set To Reject Amazon iRobot Buy

European Union set to reject Amazon takeover of Roomba robot vacuum cleaner maker iRobot after e-commerce giant fails to offer…

10 months ago

EU’s Antitrust Head To Meet Tech CEOs Next Week

Margrethe Vestager to met Tim Cook, Sundar Pichai, Jensen Huang etc to discuss EU digital regulation and competition policy

10 months ago

Controversial Parler Platform Set For 2024 Return

Social media platform Parler says it will return in Q1 2024 under new owners, after its closure back in April…

11 months ago

Adobe Abandons Figma Buy In Face Of EU, UK Probes

Adobe terminates acquisition of cloud design software maker Figma amidst mounting regulatory challenges in EU, UK

11 months ago

UK Regulator Begins Scrutiny Of Microsoft Partnership With OpenAI

CMA seeks feedback about the relationship between Microsoft and OpenAI, and whether it has antitrust implications

11 months ago

FTC Urges Appeals Court To Reject Microsoft-Activision Merger

Last regulator standing. US FTC tries again to block Microsoft's already closed Activision purchase at Federal Appeals Court

11 months ago

Broadcom To Axe 1,200 Staff After $69 Billion VMware Acquisition

Staff paying the price. A week after closing $61bn purchase of VMware, Broadcom begins laying off VMware employees

12 months ago

CMA Finds $20 Billion Adobe Figma Deal Could Harm UK Digital Design

Provisional finding from the UK antitrust regulator, the CMA, puts Adobe's $20 billion acquisition at risk

12 months ago