Merger and acquisition

UK’s Final Decision Orders Meta To Sell GiphyUK’s Final Decision Orders Meta To Sell Giphy

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…

3 years ago
Kayne West To Acquire Right-Wing Parler AppKayne West To Acquire Right-Wing Parler App

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…

3 years ago
UK To Probe Viasat’s Inmarsat AcquisitionUK To Probe Viasat’s Inmarsat Acquisition

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

3 years ago
Elon Musk Under Federal Investigation, Says TwitterElon Musk Under Federal Investigation, Says Twitter

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

3 years ago
Sony Influenced UK Activision Blizzard Probe, Says MicrosoftSony Influenced UK Activision Blizzard Probe, Says Microsoft

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…

3 years ago
UK Flags Concern Over Viasat Purchase Of InmarsatUK Flags Concern Over Viasat Purchase Of Inmarsat

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

3 years ago
Judge Delays Trial, As Musk Says Twitter Won’t Take Yes For AnswerJudge Delays Trial, As Musk Says Twitter Won’t Take Yes For Answer

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…

3 years ago
Elon Musk Halts Fight, Agrees To Buy Twitter At Original Asking PriceElon Musk Halts Fight, Agrees To Buy Twitter At Original Asking Price

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…

3 years ago
Government Again Delays Decision On Newport Wafer FabGovernment Again Delays Decision On Newport Wafer Fab

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

3 years ago
Vodafone Confirms Merger Talks With Three UKVodafone Confirms Merger Talks With Three UK

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

3 years ago
Aveva Investors To Reject ‘Opportunistic’ Schneider Takeover BidAveva Investors To Reject ‘Opportunistic’ Schneider Takeover Bid

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

3 years ago
Adobe Defends ‘Transformative’ $20bn Deal For FigmaAdobe Defends ‘Transformative’ $20bn Deal For Figma

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

3 years ago
No Concessions From Microsoft, Amid Activision Purchase ConcernNo Concessions From Microsoft, Amid Activision Purchase Concern

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

3 years ago
Twitter Shareholders Approve Musk’s $44bn TakeoverTwitter Shareholders Approve Musk’s $44bn Takeover

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

3 years ago
Twitter Says Latest Musk Termination Attempt ‘Wrongful’Twitter Says Latest Musk Termination Attempt ‘Wrongful’

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

3 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…

3 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…

3 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

3 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”

3 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…

3 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…

3 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…

3 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…

3 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

3 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

3 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…

3 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',…

3 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

3 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

3 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…

3 years ago