Margrethe Vestager to met Tim Cook, Sundar Pichai, Jensen Huang etc to discuss EU digital regulation and competition policy
TECHNOLOGY POWERING BUSINESS
News Merger and acquisition
Controversial Parler Platform Set For 2024 Return
Social media platform Parler says it will return in Q1 2024 under new owners, after its closure back in April this year
Adobe Abandons Figma Buy In Face Of EU, UK Probes
Adobe terminates acquisition of cloud design software maker Figma amidst mounting regulatory challenges in EU, UK
UK Regulator Begins Scrutiny Of Microsoft Partnership With OpenAI
CMA seeks feedback about the relationship between Microsoft and OpenAI, and whether it has antitrust implications
FTC Urges Appeals Court To Reject Microsoft-Activision Merger
Last regulator standing. US FTC tries again to block Microsoft's already closed Activision purchase at Federal Appeals Court
Silicon UK Pulse: Your Tech News Update: Episode 28
Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 01/12/2023.
Broadcom To Axe 1,200 Staff After $69 Billion VMware Acquisition
Staff paying the price. A week after closing $61bn purchase of VMware, Broadcom begins laying off VMware employees
CMA Finds $20 Billion Adobe Figma Deal Could Harm UK Digital Design
Provisional finding from the UK antitrust regulator, the CMA, puts Adobe's $20 billion acquisition at risk
European Commission Cites Competition Concerns Over Amazon’s iRobot Deal
Despite reports deal would be approved, European regulators hand Amazon statement of objections to iRobot acquisition
Amazon Set To Win EU Approval For iRobot Purchase – Report
After UK approval, European antitrust authorities look set to give unconditional approval for Amazon to purchase iRobot
Broadcom Expects To Complete $61bn VMware Deal On Weds
Broadcom expects to complete $61bn VMware acquisition on Wednesday after triggering antitrust probes around the world
Newport Wafer Fab Sold To US Buyer For $177m
Vodafone To Exit Spain With Sale Of Spanish Arm To Zegona
Mobile giant confirms it will sell Vodafone Spain to Zegona for $5.3 billion (£4.4bn), in another restructuring move by new CEO
Western Digital To Split Into Two After Walking Away From Kioxa Merger
Western Digital to split into flash memory and hard disk companies after walking away from stalled merger talks with Kioxa last week
Silicon UK Pulse: Your Tech News Update: Episode 23
Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 20/10/2023.
Microsoft Completes $75bn Activision Blizzard Buyout
CMA criticises Microsoft's conduct during antitrust probe after structural change to deal allows it to clinch regulatory approval
UK Regulator Approves Microsoft’s Activision Blizzard Purchase
After protracted regulatory scrutiny, final hurdle removed for Microsoft's acquisition of Activision after UK grants approval
AMD To Buy AI Startup As Nvidia Battle Heats Up
US chipmaker AMD is to acquire startup Nod.ai for undisclosed amount, as AI competition against rival Nvidia ramps up
Mike Lynch Seeks Dismissal Of US Fraud Case
Founder of Autonomy, Dr Mike Lynch, files legal challenge to have US criminal fraud charges against him thrown out
SEC Seeks To Force Elon Musk Testimony Over Twitter Purchase
US regulator sues Elon Musk, alleging he didn’t comply with federal subpoena to testify on 15 September in Twitter purchase investigation
BlackBerry To Separate Business Units, Seeks IPO
Strategic review sees BlackBerry confirm it will separate its Internet of Things (IoT) and cybersecurity business units
Silicon UK Pulse: Your Tech News Update: Episode 20
Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 22/09/2023.
TalkTalk To Split Into Three Companies, With CEO To Step Down
Job losses expected, as TalkTalk confirm plan to “demerge its main operating businesses” into three standalone entities
UK CMA Confirms Microsoft Compromise Satisfies Concerns
UK competition regulator indicates Microsoft/Activision compromise addresses previous CMA concerns in cloud gaming
Cisco Bolsters Cybersecurity Credentials With Splunk Buy For $28bn
Cisco makes one of its largest ever purchases, acquiring software and cybersecurity firm Splunk for $28 billion
Toshiba Approves $14bn Private Equity Takeover
Japanese conglomerate Toshiba set to go private after successful $14 billion offer from private equity firm JIP
Newport Wafer Fab To Cut Jobs, Blames Government Restrictions
National security restrictions blamed as Welsh chip factory proposes to axe 100 jobs, as search for new owner continues
Amazon Loses One Medical CEO After Acquisition
CEO of One Medical healthcare provider acquired by Amazon resigns, six months after $3.9 billion deal was closed
Microsoft Makes Concession To Win UK Activision Approval
Major concession from Microsoft as it seeks to win approval from UK's CMA for $69bn (£54bn) Activision Blizzard acquisition
Intel Purchase Of Tower Semiconductor Terminated, China Blamed
Intel's proposed acquisition of Tower Semiconductor for $5.4bn terminated after China failed to approve the deal