Merger and acquisition

Microsoft Investment In Mistral AI Prompts EU Scrutiny Calls

European lawmakers call for investigation after Microsoft this week made small investment in French startup Mistral AI

2 days ago

President Biden To Plug US Data Transfers To China, Russia Etc

US President issues executive order to protect Americans’ sensitive personal data from being transferred to hostile nation states

3 days ago

BT Tower In London Sold, And Will Become Luxury Hotel

Landmark BT Tower in central London to become a luxury hotel, after it is sold for £275m to US hotel…

1 week ago

China’s Considers Bid For UK Retailer Currys

Currys may be focus of bidding war after rejected bid by US investment firm Elliott as e-commerce giant considers…

2 weeks ago

Elon Musk Ordered To Testify In SEC Twitter Takeover Probe

SEC doubles down and orders Elon Musk to testify again, for investigation of his $44 billion Twitter purchase

3 weeks ago

Disney To Take $1.5 Billion Equity Stake In Epic Games

Disney to collaborate with Epic Games on new content, and will sink a $1.5bn investment into the gaming giant

3 weeks ago

Yandex Parent To Sell Russian Operations

Parent company of major Russian search engine Yandex to divest Russian operations as it refocuses amidst Ukraine conflict

4 weeks ago

Amazon Abandons $1.4bn iRobot Buy Amidst EU Opposition

Amazon calls off deal to buy iRobot for $1.4bn after EU raises concerns over competition in market for home devices

1 month ago

UK CMA Opens Antitrust Investigation Of Vodafone, Three Merger

Competition and Markets Authority (CMA) begins Phase 1 investigation of Vodafone UK's merger with Three UK

1 month ago

Microsoft Axes 1,900 Staff After Activision Acquisition

Microsoft adds to job gloom after axing 9 percent of its gaming division, after closing the Activision Blizzard acquisition

1 month ago

EU Set To Reject Amazon iRobot Buy

European Union set to reject Amazon takeover of Roomba robot vacuum cleaner maker iRobot after e-commerce giant fails to offer…

1 month ago

EU’s Antitrust Head To Meet Tech CEOs Next Week

Margrethe Vestager to met Tim Cook, Sundar Pichai, Jensen Huang etc to discuss EU digital regulation and competition policy

2 months ago

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…

2 months ago

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

2 months ago

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

3 months ago

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

3 months ago

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

3 months ago

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

3 months ago

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

3 months ago

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

3 months ago

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

3 months ago

Newport Wafer Fab Sold To US Buyer For $177m

The two year national security saga surrounding the UK’s largest chip-making facility, Newport Wafer Fab (NWF), looks to have been…

4 months ago

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…

4 months ago

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…

4 months ago

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

5 months ago

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

5 months ago

AMD To Buy AI Startup As Nvidia Battle Heats Up

US chipmaker AMD is to acquire startup for undisclosed amount, as AI competition against rival Nvidia ramps up

5 months ago