UK's antitrust regulator begins investigation of Amazon's proposed smart home acquisition of Roomba maker iRobot
TECHNOLOGY POWERING BUSINESS
News Merger and acquisition
Broadcom’s $61bn VMware Deal Faces Phase 2 CMA Probe
Decision by Broadcom not to offer the UK watchdog remedies to its Phase 1 concerns, triggers in-depth Phase 2 investigation
UK Watchdog Rules Against Broadcom’s $61bn VMware Buy
CMA's Phase 1 investigation of Broadcom’s proposed acquisition of VMware, concludes deal could lead to less innovation and drive up costs
Court Dismisses Gamers Lawsuit Over Microsoft Activision Purchase
US federal court dismisses lawsuit from gamers over Microsoft's $69 billion proposed acquisition of Activision Blizzard
Virgin Media O2 In Talks Over £3bn CityFibre Bid – Report
Talks have reportedly begun between Virgin Media O2 and Cityfibre over a possible takeover worth £3 billion
Autonomy’s Mike Lynch Fights US Extradition Attempt
Co-founder and former CEO of Autonomy Dr Mike Lynch asks High Court in London to block his extradition to the US
TikTok Mulls Split From Beijing-Based ByteDance – Report
Last ditch move? To ease growing national security concerns, TikTok is reportedly considering seperating from Chinese parent
Vodafone, Three Near Final Merger Agreement – Report
UK merger between Vodafone and Three could be announced this month, as both work to address potential antitrust issues
Microsoft Tells UK It Will Licence Call Of Duty To Sony For A Decade
Please don't veto the Activision purchase. Microsoft tells UK regulator it will play nicely with rival Sony for at least ten years
Amazon Closes Acquisition Of Healthcare Provider One Medical
After US authorities refuse to challenge acquisition, Amazon closes its $3.9 billion deal for healthcare provider One Medical
AT&T Looks To Offload Cybersecurity Division – Report
American mobile operator AT&T said to be exploring possible sale of its cybersecurity division, formerly known as Alienvault
UK Watchdog Finds Microsoft’s Activision Deal Could Hurt Gamers
British watchdog CMA becomes first global regulator to conclude Microsoft’s proposed acquisition of Activision is anti-competitive
Recharge Industries Makes Surprise Bid For Britishvolt – Report
Aussie battery startup Recharge Industries reportedly makes non-binding offer for collapsed UK battery firm Britishvolt
Twitter Ad Spending Fell Over 70 Percent In December – Report
New data suggests advertisers continue to shun Elon Musk's Twitter, as another report states there are now just 550 engineers remaining
UK Watchdog Opens Investigation Of $61bn Broadcom-VMware Buy
After initial review of Broadcom’s $61 billion (£51bn) acquisition of VMware, UK regulator confirms phase 1 investigation
ARM London Listing Sought By PM Rishi Sunak – Report
British government reportedly makes fresh attempt to convince ARM owner Softbank for public listing in London
UK Mulls Cryptocurrency Version Of Sterling
Government minister confirms UK is progressing a digital pound, following similar digital currency moves in India, Taiwan and elsewhere
Infineon CEO Eyes Acquisition Targets – Report
Head of Infineon says German chip maker is ready to spend billions of euros on acquisitions, in a number of specialist fields
Gamers Sue Microsoft To Halt Activision Purchase
Software giant Microsoft faces fresh legal action in US courts to halt its $69bn acquisition of Activision Blizzard
Hundreds Of Former Twitter Staff File Complaints
Twitter this week is being accused by 100 former staff members of a variety of legal violations including targeting women for layoffs
EU Begins ‘In-Depth Investigation’ Into $61bn Broadcom-VMware Buy
European Commission follows the UK's CMA and opens “an in-depth investigation” into Broadcom’s acquisition of VMware
Microsoft To Acquire 4 Percent Of London Stock Exchange In Cloud Deal
Ten year cloud data deal between LSE and American software giant, sees Microsoft acquire 4 percent of equity stake in UK bourse
US Moves To Block Microsoft’s Activision Purchase
Biden administration on Thursday makes its move to block Microsoft's $69bn acquisition of gaming giant Activision Blizzard
Alphabet To Merge Waze And Google Maps Teams
CEO of Waze to depart Google after confirmation Waze and Google Maps teams will merge, as standalone Waze app to remain
Microsoft Promises 10-Year Sony PlayStation Deal
Microsoft offers Sony 10-year contract for Call Of Duty cross-platform release dates, to ease regulatory concern at Activision purchase
Parler And Kayne West Terminate Acquisition Deal
Owner of Parler and American rapper Kanye West (aka Ye) agree to terminate sale of the app, “in the interest of both parties”
MPs Urge Government Support For Chip Industry
MPs urge government to publish delayed semiconductor strategy as US, EU and China push ahead with chip plans
Aveva Shareholders Accept Schneider’s £9.9bn Takeover Offer
Cambridge-based engineering software firm Aveva acquired by France's Schneider Electric for £9.9bn pounds ($11.9bn)
UK Competition Watchdog Probes $61bn Broadcom-VMware Buy
UK follows EU in launching initial investigation of $61 billion Broadcom deal to buy VMware amidst closer attention to big tech deals
Most Twitter Staff Refuse Musk Ultimatum – Report
Reports suggest 75 percent of Twitter's remaining staff refused Musk's “hardcore” ultimatum, as offices are closed until Monday