Troubled chip giant Intel is reportedly working with bankers and other advisors to present strategic options to board of directors
News Merger and acquisition
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
Federal Court Orders Elon Musk To Testify In SEC Twitter Takeover Probe
Elon Musk loses bid to avoid court order to force him to testify in SEC probe of his $44 billion Twitter purchase
LastPass Separates From Parent After Security Incidents
New chapter for LastPass as it becomes an independent company to focus on cybersecurity, after troubled past
UK AI Security Firm Darktrace Acquired By Private Equity Group
Thoma Bravo agrees to acquire Darktrace for $5.32 billion in cash, delivering some welcome news for founding investor Dr Mike Lynch
ByteDance Would Rather Shutter TikTok US, Than Sell – Report
TikTok's 'secret source' algorithm is so core to ByteDance, it would rather shut down US operation, multiple sources have indicated
Alphabet Mulls Offer For Marketing Software Firm HubSpot
Amidst antitrust scrutiny, Alphabet reportedly plans on making an offer for HubSpot to bolster CRM and cloud position
CMA Begins Phase 2 Probe Of Vodafone Merger With Three UK
Deadline expired for Vodafone to allay CMA concerns over merger with Three UK. In-depth Phase 2 investigation begins
Vodafone Germany Confirms 2,000 Job Losses, Amid European Restructuring
More downsizing at Vodafone after German operation announces 2,000 jobs will be axed, as automation increases in the future
Trump’s Truth Social Moves Closer To $5bn Merger
Donald Trump social media firm Truth Social moves step closer to public offering via acquisition by shell company as investors approve deal
UK Gives Three, Vodafone Five Days To Avoid In-Depth Merger Probe
CMA concerned the merger would lead to a 'substantial lessening of competition' and result in higher prices for consumers
Vodafone Sells Italian Operation For €8 Billion
Last downsizing move? Vodafone sells off another European unit, namely its Italian operation to Swisscom for €8bn in cash
Former Treasury Secretary Steve Mnuchin Gathers Investors To Buy TikTok – Report
But will China sell? Former US Treasury Secretary claims he is putting together investor group to buy China's TikTok
Elliott Walks Away From Currys Offer
Shares in Currys plunge as US investment firm Elliiott Advisers walks away from making offer after being rejected by board 'multiple times'
UK Approves Newport Wafer Fab Sale To US Vishay Intertechnology
Government approves sale of UK's largest chip-making facility to US firm, after blocking sale to Chinese owned entity
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
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
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 group