Bill introduced in US Senate would make it easier for regulators to block deals they see as anticompetitive by placing burden of proof on big tech firms
TECHNOLOGY POWERING BUSINESS
News Merger and acquisition
Huawei To Offload Server Division – Report
Chinese technology giant Huawei Technologies reportedly in talks to sell its x86 server business due to the ongoing US blacklist
EU Regulators Open Investigation Of Nvidia’s ARM Acquisition
Setback for Nvidia, as the European Commission confirms full-scale investigation into purchase of British chip designer ARM Holdings
Australia Funds Telstra Buy Of Digicel Pacific To Thwart China
Strategic blocking? Australian government joins forces with Telstra to acquire Digicel Pacific, after interest from state-owned China Mobile
Sphere Chat App Acquired By Twitter
Second startup purchase by a big name tech firm for young British entrepreneur Nick D'Aloisio, as Twitter acquires Sphere
Facebook Fined $70 Million By UK’s CMA
After Facebook questions the authority of the British competition watchdog, the CMA fines the social network £50m over Giphy purchase
EU To Investigate Nvidia’s Purchase Of ARM – Report
Concessions offered last week by Nvidia have reportedly failed to offset an extended antitrust investigation by European Union officials
Twitter Sells Mobile Ad Platform MoPub
Nice little earner. Eight years after Twitter acquired MoPub for $350m in 2013, it sells the mobile ad company for $1.05bn in cash
Nvidia Offers EU Concessions Over $54bn ARM Deal
Why not the UK's CMA? Filing shows Nvidia offering concessions to the EU over its acquisition of British chip designer ARM
Microsoft’s Nadella Says Failed TikTok Deal Was ‘Strange’
Microsoft boss Satya Nadella says failed deal to acquire the US operations of TikTok was 'strangest thing I've worked on'
Google To Purchase NY Office Building For $2.1 Billion
Despite small numbers of office workers due to remote working, Google is to spend billions to acquire New York office building
Facebook Questions UK’s CMA Authority On Giphy Purchase
In strongly worded letter, Facebook says the CMA's suggested divestiture of Giphy “is grossly unreasonable and disproportionate”
BT Takeover Speculation Rises After Deutsche Telekom Comments
Comments made by the CEO of Deutsche Telekom, prompts renewed speculation of German telecoms giant intentions towards the UK's BT
Government Orders National Security Review Of Perpetuus Purchase
British Business Secretary orders national security review of potential acquisition of Welsh graphene maker Perpetuus Group
O2 Subject Of Bribery Investigation By SFO – Report
Serious Fraud Office is investigating UK mobile operator O2 over “possible violations of anti-bribery laws and regulations”
Apple Acquires Classic Music Service Primephonic
Amsterdam-based Primephonic is acquired by tech giant Apple, as the iPhone maker seeks to expand its classical music offering
Western Digital ‘In Talks’ To Buy Kioxia In $20bn NAND Deal
Western Digital could face hurdles to its reported $20bn offer for Kioxia, which could restructure NAND memory market and create Samsung rival
Toshiba Consults With Private Equity Firms Over ‘Strategic Ideas’
Where do we go from here? Japanese conglomerate Toshiba is in talks with at least four private equity firms for strategy ideas
Nvidia’s ARM Purchase Raises ‘Significant Competition Concerns’ – CMA
UK competition watchdog says there are “significant competition concerns” with the deal, as Nvidia could restrict access to ARM IP
GlobalFoundries Files For Initial Public Offering – Report
US chipmaker GlobalFoundries has submitted a confidential filing for a public listing, after acquisition by Intel media reports
Huawei Will Return To Smartphone ‘Throne’, Despite US Sanctions
Huawei chairman makes a bold prediction that Chinese firm will return to a leading position in the smartphone market in the future
UK Regulator Finds Facebook’s Purchase Of Giphy ‘Harms Competition’
Competition and Markets Authority provisionally finds Facebook’s merger with Giphy will harm competition on social platforms
NortonLifeLock, Avast To Merge Into Antivirus Goliath
NortonLifeLock, the entity formerly known as Symantec, is to merge with Avast to create antivirus juggernaut for the consumer sector
Nvidia Acquisition Of ARM In Doubt Over Government Concerns – Report
Worrying national security concerns for the Britsih government may reportedly scupper Nvidia's controversial acquisition of the ARM Holdings
Visa Continues Fintech Push With Currencycloud Acquisition
London-based forex specialist Currencycloud is to be acquired by payment giant Visa, in a deal worth £700 million ($963m)
Microsoft Adds Another Security Acquisition With CloudKnox
CloudKnox is being acquired by software giant Microsoft, to equip it with unified privileged access and cloud entitlement management
Newport Wafer Fab Sold To China, Has UK Government Defence Contracts
Newport Wafer Fab has over a dozen UK government research contracts, including a defence contract, despite being sold to Chinese-owned Nexperia
Amazon Acquires Facebook’s Satellite Internet Team
Amazon pays Facebook an undisclosed sum of money to acquire the social networking giant's satellite Internet team of specialists
Microsoft To Acquire RiskIQ To Bolster Cybersecurity
Redmond confirms it is acquiring cybersecurity specialist RiskIQ, in order to help orgnisations cope with today's raised cyber threat
SoftBank Buys Into Korean Travel Start-Up Yanolja Ahead Of US Listing
SoftBank's Vision Fund reportedly planning to buy 10 percent of South Korean hotel booking platform Yanolja as it looks to follow up Coupang success