Merger and acquisition

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

Elon Musk Under Federal Investigation, Says Twitter

US federal authorities are allegedly investigating the “conduct” of Elon Musk during his on, off, on again acquisition of Twitter

2 years ago

Sony Influenced UK Activision Blizzard Probe, Says Microsoft

Microsoft fires back at its gaming rival Sony, alleging its objections were used by UK's regulator to justify phase 2…

2 years ago

UK Flags Concern Over Viasat Purchase Of Inmarsat

British competition regulator, the CMA, to deepen investigation, after finding merger could lead to higher Wi-Fi prices for airlines

2 years ago

Judge Delays Trial, As Musk Says Twitter Won’t Take Yes For Answer

Elon Musk says Twitter won't take yes for answer, as judge rules he must complete acquisition by 28 October to…

2 years ago

Elon Musk Halts Fight, Agrees To Buy Twitter At Original Asking Price

Huge u-turn by Elon Musk less than a fortnight before his courtroom showdown, after now agreeing to buy Twitter at…

2 years ago

Government Again Delays Decision On Newport Wafer Fab

Another delay to the government making a decision whether to allow a Chinese entity to acquire UK's largest chip factory

2 years ago

Vodafone Confirms Merger Talks With Three UK

Potential merger between the UK's third and fourth largest mobile networks will likely face intense regulatory scrutiny

2 years ago

Aveva Investors To Reject ‘Opportunistic’ Schneider Takeover Bid

Two major investors in Cambridge-based Aveva say they will vote against £9.5bn Schneider offer, saying it underrates long-term value

2 years ago