Amazon's deal to purchase One Medical for $3.9 billion a test for US lawmakers and regulators who have vowed to rein in power of big tech
TECHNOLOGY POWERING BUSINESS
News Merger and acquisition
Twitter Reports Loss As ‘Uncertainty’ Weighs On Business
Twitter reports $270m loss for three months to June amidst advertising slowdown, as it prepares court battle to force Elon Musk to complete takeover
UK Blocks China Licensing Sensor Tech From Manchester University
Chinese firm blocked from licensing British vision technology developed by Manchester University, under national security grounds
Twitter Wins Battle To Fast Track Elon Musk Lawsuit
Twitter will face Elon Musk in a Delaware courtroom in October, over his attempt to 'terminate his $44 billion takoever of the platform
CMA To Reconsider Order For Meta To Sell Giphy
UK competition regulator, the CMA, tells Silicon UK it has agreed to reconsider over next three months its ruling to Meta to sell off Giphy
Elon Musk Seeks To Block Twitter’s Request For Speedy Trial
No surprise in Twitter showdown, as Elon Musk files motion with US court to oppose platform's request for trial to be fast-tracked
Twitter Begins Legal Action Against Elon Musk
Well...he was warned. Twitter sued Elon Musk on Tuesday to force him to complete his $44bn acquisition of social media platform
Twitter Hits Back At Musk, Insisting No Breaches Occurred
Elon Musk "knowingly" breached the acquisition agreement Twitter says, as it fires back at the world's richest man and former suitor
Twitter Board Vows To Pursue Musk, Who Mocks Legal Threat
Twitter's board of diectors vows to pursue legal action against former suitor Elon Musk, who responds with openly mocking memes
Google Offers To Spin-Off Ad-Tech Unit – Report
Alphabet unit previously labelled the DoJ antitrust lawsuit 'deeply flawed', but now it is reportedly offering concessions
Elon Musk Tells Twitter He Is ‘Terminating’ $44Bn Acquisition
No surprise? Elon Musk announces ending of his $44bn (£36bn) bid to buy Twitter, alleging multiple breaches of legal agreement
Elon Musk’s Acquisition Of Twitter In ‘Serious Jeopardy’ – Report
Takeover of Twitter by Elon Musk is in “serious jeopardy” according to one report, despite Twitter suspending one million fake spam accounts every day
Facebook Demands Old FTC Documents In Antitrust Battle
Fresh development in Meta's battle against US regulator, seeking to force Facebook to divest itself of WhatsApp and Instragram
Fate Of Newport Wafer Fab Uncertain, As Government Delays Sale Decision
Government delays decision over whether the UK's largest maker of chips can be purchased by Dutch firm, which is Chinese-owned
UK Regulator Begin Probe Of Microsoft’s Activision Buyout
The CMA confirms start of investigation into Microsoft's $69 billion purchase of leading gaming holding company Activision Blizzard
French Music Service Deezer Slumps On Market Debut
Spotify and Apple Music competitor Deezer falls below opening price after long-delayed IPO in Paris as SPAC strategy fails to excite investors
Xerox CEO John Visentin Dies, Aged 59
Rest in peace. Printer giant Xerox confirms vice chairman and CEO John Visentin has unexpectedly died, aged just 59 years old
Toshiba Adds Activist Board Members In Shift Toward Privatisation
Toshiba shareholders approve addition of two board members from large activist investors, adding momentum to potential buyout plans
Toshiba Board Set For Vote That Could Back Buyout Strategy
Toshiba board expected to approve appointment of two external directors from hedge fund investors, making buyout more likely
Nasdaq Listing Most Likely For ARM, Says Softbank Boss
Bad news for London's FTSE? Japanese owner of British chip designer ARM reiterates that Nasdaq is the likely listing location
Meta Fails To Overturn UK Order To Sell Giphy
Meta has mostly failed in its appeal against the CMA order to sell Giphy, after judges dismissed all but one appeal by the Facebook parent
NSO Group In Talks To Offload Pegasus Spyware – Report
But would the US and Israel approve? US Defence contractor L3Harris reportedly in talks to acquire NSO Group's Pegasus surveillance tech
Elon Musk To Meet With Twitter Staff
Elon Musk to hold virtual meeting with Twitter staff for first time since buyout announced in April, as deal remains on hold
Twitter To Supply Elon Musk With Bot Data – Report
Elon Musk will reportedly be given access to the raw daily data Twitter gathers, after he threatened to walk away from $44bn purchase
Texas AG Investigates Twitter For ‘Deceptive Practices’ Over Bots
Republican attorney general of Texas starts investigation of Twitter, after Elon Musk's public complaints about bots and fake accounts
Musk May Drop Twitter Deal If Fake Account Data Not Provided
Elon Musk has once again warned he could walk away from his Twitter takeover, if the platform does not provide data on fake and spam accounts
Oracle’s Cerner Purchase Given EU Antitrust Blessing
Healthcare move by software giant Oracle with its $28 billion acquisition of Cerner, now given official blessing from European Commission
Toshiba Receives Multiple Proposals, As It Mulls Strategic Options
Troubled Japanese conglomerate Toshiba receives eight proposals to take it private and a couple of proposals to remain listed entity
Shareholders Sue Twitter, Elon Musk For Stock ‘Manipulation’
Disgruntled shareholders are now suing both Twitter and Elon Musk, over volatile share price swings during the chaotic takeover attempt
UK Begins National Security Probe Of Altice’s Stake In BT
After previously expressing its concern, the British Government now confirms a national security review of French billionaire's stake in BT