Currys may be focus of bidding war after rejected bid by US investment firm Elliott as e-commerce giant JD.com considers offer
News Merger and acquisition
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
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
Yandex Parent To Sell Russian Operations
Parent company of major Russian search engine Yandex to divest Russian operations as it refocuses amidst Ukraine conflict
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
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
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
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 remedies
Hewlett Packard Enterprise To Acquire Juniper Networks For $14 Billion
HPE to acquire Juniper Networks for $14 billion in cash, in a move to bolster its AI networking credentials
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
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 this year
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
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
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
Silicon UK Pulse: Your Tech News Update: Episode 28
Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 01/12/2023.
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
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
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
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
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
Newport Wafer Fab Sold To US Buyer For $177m
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 CEO
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 last week
Silicon UK Pulse: Your Tech News Update: Episode 23
Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 20/10/2023.
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
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
AMD To Buy AI Startup As Nvidia Battle Heats Up
US chipmaker AMD is to acquire startup Nod.ai for undisclosed amount, as AI competition against rival Nvidia ramps up
Mike Lynch Seeks Dismissal Of US Fraud Case
Founder of Autonomy, Dr Mike Lynch, files legal challenge to have US criminal fraud charges against him thrown out
SEC Seeks To Force Elon Musk Testimony Over Twitter Purchase
US regulator sues Elon Musk, alleging he didn’t comply with federal subpoena to testify on 15 September in Twitter purchase investigation
BlackBerry To Separate Business Units, Seeks IPO
Strategic review sees BlackBerry confirm it will separate its Internet of Things (IoT) and cybersecurity business units