The European Commission has commenced an in-depth investigation into the Microsoft-Activision acquisition deal as it believes the transaction could damage competition in several industries.
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Adobe is acquiring its creative design tools rival Figma in a major deal worth $20 billion. The half cash and half stock transaction is expected to close in 2023, subject to regulatory approvals.
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The Twitter vs. Elon Musk legal battle continues as the trial date approaches. According to sources, Twitter's shareholders voted in favor of Musk completing the $44 billion purchase of Twitter.
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Unity's board has rejected mobile app monetization company AppLovin's surprising offer to purchase Unity for $17.5 billion. Instead, the firm will purchase AppLovin's competitor ironSource.
Meta has responded to the FTC's lawsuit against its acquisition of VR fitness studio Within in strong words, saying that the regulator's claims are based on speculation and ideology, not evidence.
Elon Musk has filed to terminate his $44 billion acquisition of Twitter, claiming that the platform did not provide him information about bot accounts. Twitter says that it will pursue legal action.
In a letter sent to Twitter this morning, Elon Musk has accused Twitter of resisting and thwarting his information rights. Citing breach of contract, Elon Musk has threatened to pull out of the deal.
Elon Musk on Friday confirmed that he is putting Twitter's acquisition on hold while his team verifies the social media platform's claims that less than 5% of the Twitter users are fake or spam bots.
Twitter is apparently in the final stage of negotiations to accept Elon Musk's takeover bid of $43 billion, causing share price to go up. The executive has pledged to take the company private.
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Microsoft has announced that it has finally completed its acquisition of Nuance Communications in an all-cash deal worth $19.7 billion. The two will work together to build assistive technologies.
Sony has announced it will be acquiring the studio behind the Halo and Destiny universes, Bungie, for a cool $3.6 billion. Interestingly, the studio will continue to push multiplatform experiences.
Citing unnamed sources, a new report claims that Nvidia is considering dropping plans for its $40 billion Arm acquisition due to regulatory hurdles. Meanwhile, SoftBank is considering an Arm IPO.
In a surprise announcement, Microsoft has revealed that it is buying Activision Blizzard in an all-cash deal worth $68.7 billion. Activision has been in a lot of hot water recently due to lawsuits.
The Australian Competition and Consumer Commission (ACCC) is now soliciting feedback from the public regarding Google's acquisition of Fitbit. The process will continue till December 9, 2020.
Intel has announced that it is selling its NAND SSD business and manufacturing facility to South Korea-based SK Hynix for $9 billion. The acquisition is supposed to be complete by 2025.
A paper has been published which describes a new bitcoin transaction relay protocol which could significantly reduce bandwidth usage while maintaining its performance and security as connections grow.
Microsoft has today confirmed the acquisition of GitHub for a massive sum of $7.5 billion. The transaction is supposed to be finalized by the end of the year, with Nat Friedman as GitHub's new CEO.
