Merger and acquisition

OpenAI Would Buy Google’s Chrome, Executive Tells JudgeOpenAI Would Buy Google’s Chrome, Executive Tells Judge

OpenAI Would Buy Google’s Chrome, Executive Tells Judge

AI pioneer OpenAI is interested if Google is forced to sell of its Chrome browser amid antitrust trial in United…

3 days ago
TSMC Denies Talks With Intel Over Chipmaking Joint VentureTSMC Denies Talks With Intel Over Chipmaking Joint Venture

TSMC Denies Talks With Intel Over Chipmaking Joint Venture

Denial from TSMC, after multiple reports it was in talks with Intel over a joint venture to operate Intel chip…

1 week ago
Intel Sells Majority Stake In Altera To Silver LakeIntel Sells Majority Stake In Altera To Silver Lake

Intel Sells Majority Stake In Altera To Silver Lake

Intel sells 51 percent of programmable chip unit Altera to Silver Lake Partners in deal that values it at half…

2 weeks ago
EV Maker Lucid Buys Plant From Bankrupt NikolaEV Maker Lucid Buys Plant From Bankrupt Nikola

EV Maker Lucid Buys Plant From Bankrupt Nikola

Luxury electric vehicle maker Lucid Motors buys Arizona factory, former headquarters of bankrupt Nikola, offers jobs to 300 staff

2 weeks ago
Amazon Joins Bidders To Acquire TikTok In USAmazon Joins Bidders To Acquire TikTok In US

Amazon Joins Bidders To Acquire TikTok In US

But will Beijing or ByteDance allow sale? Amazon joins potential bidders for TikTok in US, ahead of 5 April deadline

3 weeks ago
Mark Zuckerberg Lobbies Trump To Avoid Antitrust Trial – ReportMark Zuckerberg Lobbies Trump To Avoid Antitrust Trial – Report

Mark Zuckerberg Lobbies Trump To Avoid Antitrust Trial – Report

Mark Zuckerberg is reportedly lobbying President Donald Trump for a settlement to avoid antitrust trial later this month

3 weeks ago
White House Meeting To Discuss TikTok Sale, Days Ahead Of BanWhite House Meeting To Discuss TikTok Sale, Days Ahead Of Ban

White House Meeting To Discuss TikTok Sale, Days Ahead Of Ban

Ahead of 5 April deadline, Trump is to hold White House meeting over possible investors to purchase a stake in…

4 weeks ago
Elon Musk’s xAI Buys Social Media Platform XElon Musk’s xAI Buys Social Media Platform X

Elon Musk’s xAI Buys Social Media Platform X

Elon Musk sells social media platform X to his AI start-up xAI in a move to combine resources, share AI-fuelled…

4 weeks ago
Trump Says China Tariffs May Be Cut To Seal TikTok DealTrump Says China Tariffs May Be Cut To Seal TikTok Deal

Trump Says China Tariffs May Be Cut To Seal TikTok Deal

President touts easing Chinese tariffs to facilitate TikTok sale, and also implements 25 percent tariff on all imported cars in…

1 month ago
Napster Sold And Will Return As Interactive Streaming ServiceNapster Sold And Will Return As Interactive Streaming Service

Napster Sold And Will Return As Interactive Streaming Service

New chapter for famous name from Internet's early days, Napster, has been acquired and will return as social and interactive…

1 month ago
Elon Musk Issued Summons By SEC Over Failure To Disclose Twitter StakeElon Musk Issued Summons By SEC Over Failure To Disclose Twitter Stake

Elon Musk Issued Summons By SEC Over Failure To Disclose Twitter Stake

As Musk guts US federal agencies, SEC issues summons over Elon's failure to disclose ownership of Twitter stock before buying…

1 month ago
Google To Acquire Wiz For $32bn In Cloud Security Mega-DealGoogle To Acquire Wiz For $32bn In Cloud Security Mega-Deal

Google To Acquire Wiz For $32bn In Cloud Security Mega-Deal

Google to acquire cloud security start-up Wiz for $32bn, its largest acquisition to date as it faces off against cloud…

1 month ago
iRobot Admits ‘Substantial Doubt’ Over Continued OperationiRobot Admits ‘Substantial Doubt’ Over Continued Operation

iRobot Admits ‘Substantial Doubt’ Over Continued Operation

After failed Amazon deal, iRobot warns there is “substantial doubt about the Company's ability to continue as a going concern”

1 month ago
TSMC Discusses Intel Foundry Joint Venture With Other FirmsTSMC Discusses Intel Foundry Joint Venture With Other Firms

TSMC Discusses Intel Foundry Joint Venture With Other Firms

TSMC reportedly pitches a joint venture with big name chip players for Intel's chip-making Foundry business

2 months ago
Siemens Confirms $285m Manufacturing Investment In USSiemens Confirms $285m Manufacturing Investment In US

Siemens Confirms $285m Manufacturing Investment In US

German conglomerate Siemens confirms $285 million investment for manufacturing facilities in Texas and California

2 months ago

Trump Says US Talking With Four Groups Over TikTok Sale

But what about Beijing? Donald Trump says administration in talks with four different groups about sale of TikTok

2 months ago

HPE To Axe 2,500 Employees, As Outlook Disappoints

Shares in HPE plummet after FY25 outlook disappoints Wall Street, as it confirmed 5 percent of workforce will lose their…

2 months ago

CMA Drops Microsoft’s OpenAI Probe Amid Government Growth Focus

UK regulator drops scrutiny of Microsoft and OpenAI partnership, amid pressure from Labour government to focus on growth,

2 months ago

EU ‘Unconditionally Approves’ Nokia’s $2.3bn Infinera Purchase

As expected, European Commission approves Nokia’s $2.3 billion purchase of US data centre equipment provider Infinera

2 months ago

UK Rejects Chinese Plea Over Divest Order For Scottish Chip Firm

High Court in the UK rules that Chinese owner must sell stake in Scottish chip design business without delay

2 months ago

TSMC In Talks To Take Over Intel Chip Factories

TSMC considers taking controlling stake in Intel's US factories under Trump administration proposal to safeguard US tech manufacturing

2 months ago

Nokia’s $2.3bn Infinera Deal Set For ‘Unconditional’ EU Approval

Nokia's $2.3bn Infinera buy set to make company world's second-biggest vendor of optical networking gear for data centres

2 months ago

Musk Says He Will Withdraw OpenAI Bid If It Remains Non-Profit

Elon Musk says he will abandon $97.4 billion offer to buy the non-profit behind OpenAI if it drops plan to…

2 months ago

UK Minister To State CMA Must Be ‘Less Risk Averse’

Labour's business secretary Jonathan Reynolds to set out ‘strategic steer’ for UK competition regulator, after ousting chairman

2 months ago

OpenAI Rebuffs $97.4 Billion Buyout Offer From Elon Musk Group

“No thank you” says OpenAI CEO Sam Altman, after group of investors led by Elon Musk make $97bn buyout offer

2 months ago

South Korean Prosecutors To Appeal After Samsung Boss ‘Not Guilty’ Ruling

After Samsung Chairman Jay Y. Lee's not guilty verdict this week, Korean prosecutors say they will appeal to Supreme Court

3 months ago

Trump Says Planned US Sovereign Wealth Fund Could Buy TikTok

US president orders creation of US sovereign investment vehicle, says it could buy China-owned TikTok as it faces national security…

3 months ago

DoJ Sues To Halt HPE $14bn Acquisition Of Juniper Networks

US Justice Dept sues to block HPE proposed acquisition of Juniper, cites elimination of competition in wireless networking

3 months ago

Banks Look To Sell Twitter Takeover Debt

US banks look to sell significant portion of the debt that financed 2022 acquisition of Twitter, now X, amidst Musk's…

3 months ago

CMA Chair Replaced By Government Amid Growth Drive

Government replaces chairman of the competition watchdog with former Amazon boss, amid Labour's “growth” drive in UK

3 months ago