National security? Newport Wafer Fab in Wales sold to Dutch chip firm, which in turn is owned by China’s Wingtech
TECHNOLOGY POWERING BUSINESS
News Merger and acquisition
ARM CEO Insists Nvidia Purchase Better Than IPO
Head of ARM strongly defends Nvidia acquisition, which he says is a much better alternative than being a standalone public company again
US Bills Target Tech Giants’ Unchecked Power
Five draft bills in US House of Representative build on last years' antitrust hearings with measures that target tech giants' key business practices
French Telecoms Giant Altice Acquires Stake In BT
France's second largest telecoms firm Altice purchases 12 percent stake in British carrier BT, but denies takeover intentions
Microsoft’s £11bn AI Deal Approved By US Regulators
Microsoft's £11bn deal to buy artificial intelligence and speech recognition pioneer Nuance Communications passes review by US antitrust regulators
Amazon Buys James Bond Studio MGM For $8.5bn
Significant development in the streaming war, as Amazon purchases veteran film studio MGM for $8.45 billion
Virgin Media, O2 Merger Achieves Final Clearance By CMA
CMA gives its official blessing to merger of O2 and Virgin Media, after being 'reassured that competition … will remain strong'
Verizon Sells Internet Icons AOL, Yahoo
Expensive ownership of Internet icons AOL and Yahoo comes to an end, after Verizon announces sale to private equity group
Toyota Buys Lyft’s Autonomous Car Unit for $550m
Japanese car maker Toyota acquires the autonomous vehicle division of ride-hailing firm Lyft, after four years of development
Government Intervenes In ARM Sale To Nvidia, Citing National Security
UK's digital secretary issues 'public interest intervention notice' over £29bn ARM sale, citing national security implications
UK Regulator Provisionally Approves Virgin, O2 Merger
CMA gives provisionally blessing to the 50/50 merger between Virgin Media and O2, after initial concerns over backhaul pricing
Alibaba Makes Changes Following Record Fine
Chinese tech giant Alibaba Group lowers fees and charges for vendors following record $2.8bn fine over 'abusive' exclusivity arrangements
LG Likely To Exit Smartphone Market – Report
Decision reportedly already made by LG management to stop selling smartphones, and pull out of mobile communication sector altogether
CMA Deepens Probe Of Facebook Giphy Deal, After No Concessions
Facebook refuses to offer any antitrust concessions over Giphy acquisition, prompting in-depth probe by UK competition watchdog
Is Microsoft About To Buy Discord?
Reports surface that Microsoft is considering a possible $10 billion purchase of messaging and communication service Discord
Google, Microsoft, Qualcomm Object To Nvidia Acquisition Of ARM
Growing opposition by big name players in the tech industry to Nvidia's proposed acquisition of ARM, which is also facing multiple investigations
President Biden Halts TikTok Sale To Oracle/Walmart
TikTok's purchase by Oracle and Walmart halted indefinitely, after President Biden orders review of Chinese national security threat
UK Regulator To Probe Uber Purchase Of Autocab
Uber's attempt to purchase British rival Autocab is being officially investigated by the UK Competition and Markets Authority (CMA)
Qualcomm To Acquire Chip Startup NuVia For $1.4 Billion
Chip technology startup created by Apple veterans is snapped by Qualcomm, in what could be strategic move for mobile chip giant
Nvidia Acquisition Of ARM Faces Competition Probe
UK competition regulator the CMA, launches investigation into the acquisition of British silicon designer ARM Holdings by Nvidia
Intel Urged To Consider Strategic Options
Activist shareholder urges Intel to consider its strategic options, and whether it should outsource chip production to third parties
Vodafone Ends Shareholder Tussle Over 2013 Kabel Acquisition
Seven year itch. British mobile operator to buy remaining shares in Kabel for £1.9 billion ($2.6 billion) to halt legal action
Elon Musk Offered Tesla To Apple’s Tim Cook
Tesla boss Elon Musk confirms he once offered to sell the electric car maker to Apple, but CEO Tim Cook refused to meet him
Google Wins EU Approval For Fitbit Deal
Over a year since Google announced it was acquiring fitness device maker in a $2.1bn deal, EU gives its official blessing
Boston Dynamics Sold By SoftBank To Hyundai
Ownership odyssey of robotic dog developer Boston Dynamics, once owned by Google, continues as Hyundai acquires majority stake
Salesforce Acquires Slack For $28 Billion For Workforce Collaboration
As the enterprise world adjusts to remote working, Salesforce pay $27.7 billion to acquire Slack for enhanced workplace collaboration
Trump Administration Grants ByteDance TikTok Sale Extension
ByteDance granted seven day extension by Trump administration of TikTok sale order to new company including Oracle and Walmart
Huawei Sells Honor Smartphone Unit To Chinese Consortium
Chinese networking giant Huawei sells budget-focused Honor smartphone division to consortium of agents and dealers to keep brand alive
Huawei To Offload Honor Smartphone Division – Report
Budget smartphones. Networking giant Huawei is reportedly close to selling its Honor smartphone unit to a number of Chinese buyers
Marvell Acquires Inphi For Cloud Push
Consolidation in the chip sector continues with Marvell purchasing Inphi for $10 billion, to deepen cloud data centre and 5G push