Merger and acquisition

US Moves To Block Microsoft’s Activision Purchase

Biden administration on Thursday makes its move to block Microsoft's $69bn acquisition of gaming giant Activision Blizzard

2 years ago

Alphabet To Merge Waze And Google Maps Teams

CEO of Waze to depart Google after confirmation Waze and Google Maps teams will merge, as standalone Waze app to…

2 years ago

Microsoft Promises 10-Year Sony PlayStation Deal

Microsoft offers Sony 10-year contract for Call Of Duty cross-platform release dates, to ease regulatory concern at Activision purchase

2 years ago

Parler And Kayne West Terminate Acquisition Deal

Owner of Parler and American rapper Kanye West (aka Ye) agree to terminate sale of the app, “in the interest…

2 years ago

MPs Urge Government Support For Chip Industry

MPs urge government to publish delayed semiconductor strategy as US, EU and China push ahead with chip plans

2 years ago

Aveva Shareholders Accept Schneider’s £9.9bn Takeover Offer

Cambridge-based engineering software firm Aveva acquired by France's Schneider Electric for £9.9bn pounds ($11.9bn)

2 years ago

UK Competition Watchdog Probes $61bn Broadcom-VMware Buy

UK follows EU in launching initial investigation of $61 billion Broadcom deal to buy VMware amidst closer attention to big…

2 years ago

Most Twitter Staff Refuse Musk Ultimatum – Report

Reports suggest 75 percent of Twitter's remaining staff refused Musk's “hardcore” ultimatum, as offices are closed until Monday

2 years ago

Elon Musk To Find New CEO For Twitter, Backtracks Over SEC Insults

Twitter boss Elon Musk says he will eventually find new leader for Twitter, as former CEO Jack Dorsey rules out…

2 years ago

UK Government Blocks Newport Wafer Fab Acquisition, Citing National Security

Dutch chipmaker Nexperia (owned by a Chinese firm) is ordered to sell majority stake in Newport Wafer Fab on national…

2 years ago

Elon Musk Demands Twitter Staff Agree To Long Hours In ‘Hardcore’ Email

Twitter staff ordered in Musk ultimatum email to choose to work “long hours at high intensity” or leave. They have…

2 years ago

Elon Musk Fires Majority Of Twitter’s External Contractors

More firings. Elon Musk reportedly axes 4,400 of 5,500 external contractors that worked on Twitter's content moderation

2 years ago

FTC Closely Watching Developments At Twitter, As More Resign

Elon Musk raises possibility of bankruptcy at Twitter, as entire privacy and compliance team resigns prompting FTC warning

2 years ago

More Twitter Departures As Security Boss Resigns

Exodus at Twitter continues, after security chief Lea Kissner confirms resignation from the microblogging platform

2 years ago

President Biden Says Elon Musk Relationships With Other Countries ‘Worth Looking Into’

National security threat? President Biden says Elon Musk's relationships with other countries “is worthy of being looked at”

2 years ago

Crypto Market Rocked As Binance Drops FTX Rescue Deal

Cryptocurrency prices plunge after crypto exchange platform Binance withdraws from purchase of its failing rival FTX Trading

2 years ago

EU Follows UK, Begins Deeper Probe Of Microsoft Activision Deal

Europe's deeper investigation of Microsoft's Activision purchase begins, months after UK began its phase 2 probe in September

2 years ago

Germany To Block Chinese Takeover Of ERS Electronic – Report

National security. Berlin is reportedly preparing to block a second German chip firm from falling into the hands of a…

2 years ago

Germany Favours Blocking China Takeover Of Elmos’ Chip Production

National security concerns. German government looks set to block Chinese takeover of Dortmund-based company Elmos

2 years ago

Toshiba Receives $15bn Buy Out Bid – Report

Consortium led by Japan Industrial Partners submits bid to purchase Toshiba for $15bn, but reportedly has no banking approval for…

2 years ago

Mastodon User Base Doubles Amidst Twitter Uncertainty

Decentralised social network Mastodon Social sees user base double in two weeks as Elon Musk Twitter takeover raises questions for…

2 years ago

Elon Musk Begins Mass Lay-Offs At Twitter

Mass layoffs begin Friday morning, amid speculation Elon Musk will axe at least half of platform's 7,000 strong workforce

2 years ago

Elon Musk Dissolves Twitter’s Board Of Directors

Call me Chairman Musk. Tesla CEO becomes the sole director of Twitter after he dissolves its board of directors

2 years ago

No Microsoft Concessions To EU Over Activision Deal

Software giant continues to play hardball with European regulators investigating its $69 billion purchase of gaming giant Activision

2 years ago

Musk Denies Cutting Twitter Jobs To Avoid Payouts

Elon Musk denies timing job cuts to avoid making end-of-year stock grant payouts to Twitter staff as he takes control…

2 years ago

Elon Musk Owns Twitter, Pledges It Won’t Become ‘Free-for-all Hellscape’

CEO Parag Agrawal and finance chief Ned Segal escorted out of Twitter HQ, after Elon Musk concludes acrimonious acquisition and…

2 years ago

Elon Musk Enters Twitter HQ Carrying Sink, As Deal Deadline Nears

Ahead of Friday's deadline, Elon Musk visits Twitter HQ carrying sink – reportedly tells staff he doesn't plan to axe…

2 years ago

UK’s Final Decision Orders Meta To Sell Giphy

Facebook owner Meta is ordered by the CMA to sell Giphy - first time the British regulator blocks acquisition by…

2 years ago

Kayne West To Acquire Right-Wing Parler App

Parler social networking app, favoured by the right-wing in the US, is to be acquired by controversial rapper Ye (Kanye…

2 years ago

UK To Probe Viasat’s Inmarsat Acquisition

In-depth phase two investigation of Viasat's Inmarsat deal officially confirmed by UK regulator, after finding competition concerns last week

2 years ago