Closely watched appeal. UK's Competition and Markets Authority (CMA) says it will defend its Giphy sale order 'vigorously'
TECHNOLOGY POWERING BUSINESS
News acquisition
Twitter To Be Sold To Elon Musk For $44 Billion
Now what? Board of directors agrees to sell Twitter to the world's richest man, who has frequently criticised the platform over “free speech”
Musk In Talks With Thoma Bravo Over Joint Twitter Bid – Report
Media report suggests Elon Musk is in talks with private equity group Thoma Bravo about partnering up for possible Twitter takeover
Toshiba Says It Will Seek Buyout Offers
Strategic options. Japanese conglomerate shares rise after Toshiba says it will solicit deal offers, including buyout offers
Musk Secures $46.5 Billion Funding For Twitter Takeover
World's wealthiest man Elon Musk puts up $33.5 billion of his own money, as he readies for boardroom battle over his Twitter bid
Twitter Adopts Poison Pill To Fend Off Elon Musk
Unwanted advances. Unsolicited takeover offer from Elon Musk sees Twitter board last week adopt a poison pill to thwart his plan
Elon Musk Hints At Plan B, If Twitter Board Refuses Offer
Tesla boss admits he is not sure he will actually buy Twitter, but teases he may have a “plan B” if his “best and final” offer is refused
Elon Musk Offers To Buy Twitter For $41bn To ‘Unlock’ Potential
Hostile takeover? World's richest man Elon Musk offers to buy Twitter for $41 billion, and promises to “unlock” its “extraordinary potential”
Cloud Security firm Barrracuda Networks Acquired For $4 Billion
Cybersecurity firm Barracuda Networks has been acquired by investment firm KKR, from its private equity group owner Thoma Bravo
Apple Acquires UK Fintech Credit Kudos – Report
Tech giant Apple reportedly acquires British fintech start-up Credit Kudos for $150m, to perhaps bolster its financial services operation
Intel Acquires Israeli Chipmaker Tower Semiconductor For $5.4bn
Chip giant Intel expands its manufacturing capabilities, and spends billions to acquire specialised chip manufacturing expert Tower Semiconductor
AMD Closes $50 Billion Xilinx Acquisition
HPC boost for chip giant AMD, as it completes its drawn out acquisition of FPGA specialist Xilinx for approximately $50 billion
Microsoft Mulls Mandiant Purchase To Bolster Security – Report
Shares in Mandiant rise amid report that software giant Microsoft is considering a purchase of the veteran cybersecurity specialist
Citrix Merges With Tibco In $16.5bn Deal
After years of activist shareholder pressure, Citrix is being acquired by a private equity group and will then be merged with Tibco
Nvidia Preparing To Abandon $40bn ARM Acquisition – Report
Facing many regulatory probes and lawsuits, Nvidia tells its partners it is preparing to abandon its acquisition of ARM Holdings
Microsoft To Acquire Activision Blizzard For $68.7 Billion
Huge tech acquisition, as software giant seeks major expansion of its gaming credentials with purchase of leading gaming holding company
Meta Appeals Against UK Order To Sell Giphy
Facebook parent Meta is appealing against UK order to sell-off Giphy, after regulator rules the deal harms advertising competition
Oracle Makes Biggest Acquisition With Cerner Purchase
Enterprise software giant Oracle makes rumoured healthcare move, with $28.3 billion purchase of medical records specialist Cerner
Oracle In Talks To Acquire Cerner – Report
Enterprise software giant Oracle is reportedly in talks for its largest ever purchase worth $30 billion, in order to acquire Cerner
Government Issues Warning, After Altice Increases BT Stake
French telecoms group founder Patrick Drahi increases stake in BT from 12 to 18 percent, as UK government warns of possible intervention
Meta Ordered To Sell Giphy By British Regulator
But will Zuckerberg obey? The UK's CMA watchdog orders Facebook to sell Giphy, after concluding deal could harm UK advertisers
Vonage Sold To Ericsson For $6.2 Billion
VoIP pioneer Vonage acquired by Ericsson for $6.2 billion, as Swedish giant looks to bolster wireless portfolio for enterprises
UK Orders Full Investigation Of Nvidia’s ARM Acquisition
Final nail? UK orders full national security investigation of Nvidia's proposed acquisition of British chip designer ARM Holdings
EU Regulators Open Investigation Of Nvidia’s ARM Acquisition
Setback for Nvidia, as the European Commission confirms full-scale investigation into purchase of British chip designer ARM Holdings
Australia Funds Telstra Buy Of Digicel Pacific To Thwart China
Strategic blocking? Australian government joins forces with Telstra to acquire Digicel Pacific, after interest from state-owned China Mobile
Sphere Chat App Acquired By Twitter
Second startup purchase by a big name tech firm for young British entrepreneur Nick D'Aloisio, as Twitter acquires Sphere
Facebook Fined $70 Million By UK’s CMA
After Facebook questions the authority of the British competition watchdog, the CMA fines the social network £50m over Giphy purchase
EU To Investigate Nvidia’s Purchase Of ARM – Report
Concessions offered last week by Nvidia have reportedly failed to offset an extended antitrust investigation by European Union officials
Twitter Sells Mobile Ad Platform MoPub
Nice little earner. Eight years after Twitter acquired MoPub for $350m in 2013, it sells the mobile ad company for $1.05bn in cash
Microsoft’s Nadella Says Failed TikTok Deal Was ‘Strange’
Microsoft boss Satya Nadella says failed deal to acquire the US operations of TikTok was 'strangest thing I've worked on'