Chinese networking giant Huawei sells budget-focused Honor smartphone division to consortium of agents and dealers to keep brand alive
TECHNOLOGY POWERING BUSINESS
News Merger and acquisition
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
AMD Targets Data Centres With $35 Billion Purchase Of Xilinx
More competition for Intel, as AMD signals deepening push into data centre market with $35 billion purchase of US-based Xilinx
Intel Sells NAND Business To SK Hynix For $9 Billion
Acquisition of Intel's NAND business division makes SK Hynix the second largest NAND flash manufacturer in the world after Samsung
TalkTalk Confirms £1.1. Billion Takeover Offer From Shareholder
Investment management fund and TalkTalk shareholder Toscafund makes £1.1bn takeover offer for British Internet Service Provider
Tech Veteran IBM To Split Into Two Companies
No more Big Blue? Founder of the IT industry reveals it will split into two separate entities after 109 years in operation
Big Tech Firms Slammed In US Antitrust Report
Bombshell development. Scathing US antitrust report recommends structural separations of big tech firms, and slams monopolistic behaviour
US Official Threatens TikTok Closure If Oracle Deal Is Not Closed
US Treasure Secretary warns TikTok will be shut down if Oracle deal is not closed, after reports China won't approve sale
EU Regulators Extend Fitbit Antitrust Probe
Fitness data probe. European antitrust regulators have given themselves more time to investigate Google's acquisition of Fitbit
Beijing Unlikely To Sanction Oracle TikTok Deal – Report
Chinese state media warn that despite President Trump's approval, China is unlikely to sign off on the Oracle, Walmart deal with ByteDance
ByteDance Majority Stake Puts Oracle-TikTok Deal At Risk – Report
Plan to keep majority stake in TikTok, will hinder White House approval reports suggest, as ByteDance warns China will also need to approve deal
White House Reviewing Oracle TikTok Deal
Trump administration says it is reviewing TikTok's 'technology partner' deal with Oracle, and its Trump supporter Larry Ellison
President Trump Warns No Extension To TikTok Sale Deadline
Sell up or shutdown. ByteDance's 15 September deadline to sell TikTok operation will not be extended, President Trump warns
Walmart Joins Microsoft In Bid For TikTok
American owner of ASDA supermarket joins forces with Microsoft in bidding to acquire the US and overseas operations of TikTok
President Trump Backs Oracle For TikTok Takeover
Larry Ellison is a supporter of President Donald Trump, as the latter publicly backs Oracle's bid for US operations of TikTok
Oracle Explores Purchase Of TikTok US Operations – Report
Oracle holds preliminary talks with Chinese owner of TikTok, about possible acquisition of US and other worldwide operations
Softbank Confirms It Is Exploring Sell-Off Of ARM Holdings
Japanese giant Softbank has confirmed it is exploring selling off British chip designer ARM Holdings, including selling off parts of it
Twitter Talks With TikTok Over US Operations – Report
As Donald Trump threatens a ban next month, TikTok reportedly held 'preliminary talks with Twitter over its US operations
Toshiba Confirms Exit From Laptop Sector
Japanese conglomerate sells its final stake in PC maker Dynabook, marking the end of 35 years for Toshiba in the laptop sector
Uber Expands UK Reach With Autocab Buy
Amid consolidation in the taxi sector caused by Coronavirus lockdown, Uber purchases British rival Autocab for undisclosed amount
TikTok Selects Ireland For First European Data Centre
Ireland to get another data centre after the Chinese-owned short video app TikTok announces first European server facility
EU Launches Antitrust Probe Into Google’s Fitbit Acquisition
European competition regulators launch formal antitrust investigation of Alphabet's Google and its decision to acquire Fitbit
UK Government Should Stop ARM Sale To US – Hermann Hauser
Amid reports that Softbank is looking to offload ARM Holdings to Nvidia, the man involved in ARM's creation calls for the UK government to intervene
China Lashes Out At Proposed TikTok US Sale To Microsoft
Tech cold war between United States and China continues, as Chinese state media says it will not accept 'theft' of short video app
Google Fitbit Data Pledge Not Sufficient To Offset Antitrust Probe
Offer by Google not to use Fitbit data for adverts is unlikely to offset an official antitrust investigation by EC officials
Google Closes Down North Smart Glasses
Weeks after Google purchased Canadian smart glass provider North, customers are warned their devices will stop working this week
Google Offers Not To Use Fitbit Data To Avoid EC Probe
Attempt to avoid a formal European Commission antitrust investigation, see Google confirm offer to not use Fitbit health data for targetted ads
Google Can Avoid EC Antitrust Fitbit Probe With Data Pledge – Report
Alphabet may be able to offset looming EC antitrust probe of its Fitbit acquisition, if it pledges not to use its data for targeted adverts
UK Government To Acquire £400 Million Stake In OneWeb
Watch out SpaceX's Elon Musk? British government and Bharti Global announce deal to acquire satellite broadband company OneWeb