Targetting AWS, Microsoft? British competition regulator soon to announce “behavioural” remedies for cloud sector
TECHNOLOGY POWERING BUSINESS
News Merger and acquisition
CMA Halts Google Anthropic Investigation
British competition watchdog decides Alphabet's partnership with AI startup Anthropic does not qualify for investigation
Trump Social Media Company In Talks To Buy Crypto Firm Bakkt
Donald Trump social media company in advanced talks to buy Bakkt, a crypto trading platform owned by NYSE parent, FT reports
Meta Must Face Antitrust Trial Over Instagram, WhatsApp Purchases
Legal issues continue for Meta, after US judge rules it must face trial over FTC's antitrust concerns about Instagram, WhatsApp
UK Orders Chinese Entity To Sell Stake In Scottish Chip Firm FTDI
Chinese owner of Scottish fabless semiconductor firm FTDI ordered to sell majority stake, due to national security risks
Watchdog Says Vodafone, Three Merger Could Proceed With Certain Remedies
British competition regulator provisionally finds Vodafone, CMA merger can proceed, if 'remedies' on pricing and 5G rollout are made
Autumn Budget Hikes Business Taxes, Seeks Growth
First Labour Budget in 15 years includes increased payouts from businesses and capital gains, as government looks to promote growth
Sophos Expands Cybersecurity With $860m Secureworks Purchase
Second time Secureworks is acquired, after UK's Sophos says it will buy the US cybersecurity firm for $859m (£662m) in cash
Microsoft Settles Gamer Lawsuit Over Activision Purchase
Gamers who sued Microsoft to halt its purchase of Activision Blizzard have agreed to the dismissal of their lawsuit
Schneider Electric Bolsters Data Centre Credentials With Motivair Acquisition
A controlling stake in data centre cooling firm Motivair has been acquired by industrial giant Schneider Electric
Ubisoft Shares Skyrocket On Buyout Speculation
Shares in game developer Ubisoft surge after report Guillemot family and China's Tencent considering taking company private
Government Nationalises One Of UK’s Last Semiconductor Factories
Saved from closure. Ministry of Defence acquires chip factory in County Durham responsible for semiconductors for defence industry
Intel Rejects ARM Approach To Purchase Product Unit – Report
Not for sale. Intel rebuffs another acquisition approach, after ARM reportedly inquires about Intel's product division
Qualcomm ‘Offers To Buy Intel’
Mobile chip giant Qualcomm approached Intel with an acquisition offer in recent days, Wall Street Journal reports
Microsoft’s Hiring Of Inflection AI Staff Does Not Meet EU Merger Thresholds
European Commission says Microsoft's hiring of Inflection AI's staff will not be investigated under EU merger rules
CMA Cites Higher Prices Post Vodafone, Three Merger, Demands Changes
Intel To Present Board With Strategic Options – Report
Troubled chip giant Intel is reportedly working with bankers and other advisors to present strategic options to board of directors
India’s Bharti Global To Acquire 24.5 Percent Of BT
Indian conglomerate Bharti Global is to take a huge shareholding of the former UK telecoms incumbent, BT Group
UK Watchdog Clears HPE’s Acquisition Of Juniper
British competition regulator, the CMA, clear's HPE's $14 billion acquisition of Juniper Networks a week after EU approval
Google Hires Character.AI Staff, Licenses Tech
Character.AI co-founders Noam Shazeer, Daniel De Freitas to return to Google along with other researchers in latest AI 'acqui-hire'
EU Approves Hewlett Packard Enterprise’s $14bn Juniper Acquisition
European Commission approves HPE's $14 billion acquisition of Juniper Networks, leaving the UK the last remaining obstacle
Wiz Rejects $23 Billion Acquisition Bid From Google – Report
Memo to staff from co-founder explains reason for walking away from Google's takeover bid, and confirms IPO intentions
GitLab Explores Possible Sale – Report
Coding platform GitLab is reportedly exploring a sale, nearly three years after successful IPO on the Nasdaq
Japan’s SoftBank Acquires AI Chip Start-up Graphcore
Alphabet Walks Away From HubSpot Deal
Not interested. Alphabet reportedly opts not to make an offer for HubSpot to bolster CRM and cloud position
Vodafone, Virgin Media O2 Extend Network Sharing Deal
Current network sharing deal between Vodafone and Virgin Media O2 extended to mid 2030s, including some spectrum sale
UK Investigates HPE’s $14bn Acquisition Of Juniper Networks
UK competition regulator begins investigation into the multi billion dollar acquisition of Juniper Networks by Hewlett Packard Enterprise
Mike Lynch Cleared In HP Autonomy Fraud Trial
Dr Mike Lynch has been cleared of all fraud charges in the US, over $11 billion sale of Autonomy to Hewlett-Packard in 2011
Mike Lynch Defends Himself At HP-Autonomy Trial In US
British founder of Autonomy defends himself in San Francisco federal courthouse against criminal fraud charges
UK Regulator Declines To Investigate Microsoft’s Mistral AI Deal
Weeks after seeking feedback on Microsoft's partnership with Mistral AI, UK regulator says it does not qualify for investigation