Merger and acquisition

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

Twitter Wins Battle To Fast Track Elon Musk Lawsuit

Twitter will face Elon Musk in a Delaware courtroom in October, over his attempt to 'terminate his $44 billion takoever…

2 years ago

CMA To Reconsider Order For Meta To Sell Giphy

UK competition regulator, the CMA, tells Silicon UK it has agreed to reconsider over next three months its ruling to…

2 years ago

Elon Musk Seeks To Block Twitter’s Request For Speedy Trial

No surprise in Twitter showdown, as Elon Musk files motion with US court to oppose platform's request for trial to…

2 years ago

Twitter Begins Legal Action Against Elon Musk

Well...he was warned. Twitter sued Elon Musk on Tuesday to force him to complete his $44bn acquisition of social media…

2 years ago

Twitter Hits Back At Musk, Insisting No Breaches Occurred

Elon Musk "knowingly" breached the acquisition agreement Twitter says, as it fires back at the world's richest man and former…

2 years ago

Twitter Board Vows To Pursue Musk, Who Mocks Legal Threat

Twitter's board of diectors vows to pursue legal action against former suitor Elon Musk, who responds with openly mocking memes

2 years ago

Google Offers To Spin-Off Ad-Tech Unit – Report

Alphabet unit previously labelled the DoJ antitrust lawsuit 'deeply flawed', but now it is reportedly offering concessions

2 years ago

Elon Musk Tells Twitter He Is ‘Terminating’ $44Bn Acquisition

No surprise? Elon Musk announces ending of his $44bn (£36bn) bid to buy Twitter, alleging multiple breaches of legal agreement

2 years ago

Elon Musk’s Acquisition Of Twitter In ‘Serious Jeopardy’ – Report

Takeover of Twitter by Elon Musk is in “serious jeopardy” according to one report, despite Twitter suspending one million fake…

3 years ago

Facebook Demands Old FTC Documents In Antitrust Battle

Fresh development in Meta's battle against US regulator, seeking to force Facebook to divest itself of WhatsApp and Instragram

3 years ago

Fate Of Newport Wafer Fab Uncertain, As Government Delays Sale Decision

Government delays decision over whether the UK's largest maker of chips can be purchased by Dutch firm, which is Chinese-owned

3 years ago

UK Regulator Begin Probe Of Microsoft’s Activision Buyout

The CMA confirms start of investigation into Microsoft's $69 billion purchase of leading gaming holding company Activision Blizzard

3 years ago

French Music Service Deezer Slumps On Market Debut

Spotify and Apple Music competitor Deezer falls below opening price after long-delayed IPO in Paris as SPAC strategy fails to…

3 years ago

Xerox CEO John Visentin Dies, Aged 59

Rest in peace. Printer giant Xerox confirms vice chairman and CEO John Visentin has unexpectedly died, aged just 59 years…

3 years ago

Toshiba Adds Activist Board Members In Shift Toward Privatisation

Toshiba shareholders approve addition of two board members from large activist investors, adding momentum to potential buyout plans

3 years ago

Toshiba Board Set For Vote That Could Back Buyout Strategy

Toshiba board expected to approve appointment of two external directors from hedge fund investors, making buyout more likely

3 years ago

Nasdaq Listing Most Likely For ARM, Says Softbank Boss

Bad news for London's FTSE? Japanese owner of British chip designer ARM reiterates that Nasdaq is the likely listing location

3 years ago

Meta Fails To Overturn UK Order To Sell Giphy

Meta has mostly failed in its appeal against the CMA order to sell Giphy, after judges dismissed all but one…

3 years ago

NSO Group In Talks To Offload Pegasus Spyware – Report

But would the US and Israel approve? US Defence contractor L3Harris reportedly in talks to acquire NSO Group's Pegasus surveillance…

3 years ago

Elon Musk To Meet With Twitter Staff

Elon Musk to hold virtual meeting with Twitter staff for first time since buyout announced in April, as deal remains…

3 years ago

Twitter To Supply Elon Musk With Bot Data – Report

Elon Musk will reportedly be given access to the raw daily data Twitter gathers, after he threatened to walk away…

3 years ago

Texas AG Investigates Twitter For ‘Deceptive Practices’ Over Bots

Republican attorney general of Texas starts investigation of Twitter, after Elon Musk's public complaints about bots and fake accounts

3 years ago