Merger and acquisition

Elon Musk Axed 80 Percent Of Staff, Admits Painful Tenure

Musk tells BBC Twitter is now roughly breaking even and advertisers are returning, but admits running platform is “quite painful”

1 year ago

Sony Lashes Out At CMA’s ‘Irrational’ Reversal Over Microsoft Activision Buy

UK regulator decision to reverse its preliminary judgement against Microsoft's purchase of Activision Blizzard, slammed by Sony

1 year ago

Amazon’s $1.7bn iRobot Acquisition Triggers UK Antitrust Inquiry

UK's antitrust regulator begins investigation of Amazon's proposed smart home acquisition of Roomba maker iRobot

1 year ago

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

1 year ago

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…

1 year ago

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

1 year ago

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

1 year ago

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…

1 year ago

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

1 year ago

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

1 year ago

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…

1 year ago

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

1 year ago

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

1 year ago

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

1 year ago

Recharge Industries Makes Surprise Bid For Britishvolt – Report

Aussie battery startup Recharge Industries reportedly makes non-binding offer for collapsed UK battery firm Britishvolt

1 year ago

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…

1 year ago

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

1 year ago

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

1 year ago

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

1 year ago

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…

1 year ago

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

1 year ago

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…

1 year ago

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

1 year ago

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…

1 year ago

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

1 year ago

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…

1 year ago

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

1 year ago

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…

1 year ago

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

1 year ago

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)

1 year ago