Merger and acquisition

Adobe Defends ‘Transformative’ $20bn Deal For Figma

Adobe defends 'transformative' deal to buy collaborative design start-up Figma for $20bn in record-breaking acquisition as investors balk

2 years ago

No Concessions From Microsoft, Amid Activision Purchase Concern

Microsoft tells UK's CMA it will not offer any 'undertakings' to resolve regulator's competition concerns, prompting start of indepth probe

2 years ago

Twitter Shareholders Approve Musk’s $44bn Takeover

Bit of a moot point? Twitter shareholder vote overwhelmingly in favour of Elon Musk's $44 billion takeover deal

2 years ago

Twitter Says Latest Musk Termination Attempt ‘Wrongful’

Twitter says latest notice by Elon Musk to terminate buyout agreement is 'invalid and wrongful' as whistleblower testifies before Congress

2 years ago

Alphabet Life Sciences Unit Verily Gets $1bn Investment

Verily Life Sciences raises $1bn in investment round led by parent Alphabet as it seeks to compete with tech giants…

2 years ago

Twitter Agreed To Pay Whistleblower $7m – Report

Settlement for $7 million between Twitter and Peiter “Mudge” Zatko was made days before former security boss filed his whistleblower…

2 years ago

UK Again Delays Chinese Purchase Of Newport Wafer Fab

More delays to the national security probe into the acquisition of Newport Wafer Fab by a Chinese owned entity

2 years ago

UK Watchdog Deepens Probe Into Microsoft’s $69bn Activision Purchase

British Antitrust watchdog, the CMA, is concerned Microsoft's purchase of gaming giant could “substantially lessen competition”

2 years ago

Elon Musk Seeks Court Delay After Twitter Whistleblower Claims

Legal team of Elon Musk seeks to delay October trial until November, in light of whistleblower claims of serious vulnerabilities…

2 years ago

Amazon Shuts Down Amazon Care In ‘Strategic’ Healthcare Move

Amazon's move to shut down health service Amazon Care seen as strategic move as it refocuses its efforts following acquisition…

2 years ago

Tech Investors Mull Newport Wafer Fab Rescue Bid – Report

Amid a national security review, British chip executives are reportedly preparing a rescue bid for Welsh chip firm Newport Wafer…

2 years ago

Twitter Ordered To Hand Over Data To Elon Musk

'Absurdly broad' requests by Elon Musk mostly rejected by judge, but Twitter does have to hand over audit data from…

2 years ago

French Billionaire Allowed To Retain BT Stake After Security Review

No further action to be taken, after government's national security review of Patrick Drahi's increased stake in BT Group

2 years ago

Elon Musk Subpoenas Former Twitter CEO Jack Dorsey

Legal team of Elon Musk subpoenaes former Twitter CEO Jack Dorsey, for upcoming courtroom fight against Twitter's board of directors

2 years ago

Vodafone To Sell Hungarian Operation For $1.8bn

Vodafone to offload its Hungarian business for $1.8 billion, in a move that will create a telecoms leader in the…

2 years ago

Expert Questions Musk Twitter Bot Figures Amidst Legal Battle

Bot figure given by Elon Musk in legal battle over attempt to pull out of Twitter buy 'doesn't mean anything',…

2 years ago

UK’s CMA Begins Probe Of Viasat Acquisition Of Inmarsat

British competition regulator the CMA, begins phase one investigation of $7.3 billion merger between Inmarsat and Viasat

2 years ago

Elon Musk Wants Staff Names Of Twitter’s Bot Counters

Fight with Twitter, sees Elon Musk's legal team requesting names of those employees who calculate bot or spam account numbers

2 years ago

Elon Musk Sells Tesla Shares Worth $6.9 Billion

Tesla CEO Elon Musk admits he could need the funds if he loses legal showdown with Twitter and is forced…

2 years ago

Deezer ‘Set For German Expansion’ After IPO Slump

Deezer to use funds from July IPO in Paris to expand into Germany in partnership with RTL as it seeks…

2 years ago

Amazon To Buy Roomba Maker iRobot For $1.7bn

Amazon signs deal to buy Roomba maker iRobot for $1.7bn as it looks to expand on smart home offerings such…

2 years ago

Robinhood Axes 23 Percent Of Jobs, Dismisses Talk Of Sale

CEO confirms further job cuts at trading app Robinhood, with another 23 percent of staff set to be culled from…

2 years ago

NortonLifeLock, Avast Merger Gains UK Approval

The merger of NortonLifeLock (formerly Symantec) with London-listed Avast raises no competition concerns, the UK's CMA regulator confirms

2 years ago

Twitter Seeks Financial Evidence Against Elon Musk And Subpoenas Banks

Dozens of subpoenas issued by Twitter to a number of banks, to determine if Elon Musk allegedly conspired to scupper…

2 years ago

Elon Musk Files Countersuit Against Twitter Over Deal

Delaware judge assigns 17 October start date for fast-tracked five-day trial as Twitter seeks to force Musk to follow through…

2 years ago

FTC Lawsuit To Block Meta Acquisition Of VR Developer Within

American regulator Federal Trade Commission moves to block Facebook parent Meta from acquiring virtual reality fitness app maker Within

2 years ago

OneWeb Confirms Merger With Eutelsat

UK government welcomes merger of OneWeb and Eutelsat as positive news for UK taxpayers, and confirms it will retain national…

2 years ago

Amazon Buys Health Care Provider One Medical For $3.9bn

Amazon's deal to purchase One Medical for $3.9 billion a test for US lawmakers and regulators who have vowed to…

2 years ago

Twitter Reports Loss As ‘Uncertainty’ Weighs On Business

Twitter reports $270m loss for three months to June amidst advertising slowdown, as it prepares court battle to force Elon…

2 years ago

UK Blocks China Licensing Sensor Tech From Manchester University

Chinese firm blocked from licensing British vision technology developed by Manchester University, under national security grounds

2 years ago