President Trump confirms U.S. investors including Larry Ellison, Michael Dell, and the Murdochs will take control of TikTok’s U.S. operations and algorithm under new ownership rules.
Browsing: Mergers & Acquisitions
“It was always about more than just ice cream; it was a way to spread love and invite others into the fight for equity, justice and a better world.”
Ticket reseller StubHub raised $800 million in its IPO at a $8.6 billion valuation, marking its long-awaited stock market debut on the NYSE.
Oracle’s Larry Ellison has just shot past Elon Musk as the richest man in the world, and his new status is in no small part thanks to his new deal with OpenAI
AI startup Perplexity hits a $20B valuation with $200M funding, rapid revenue growth, and new products, but faces mounting copyright lawsuits from major publishers.
SpaceX has agreed to acquire 50 MHz of wireless spectrum and mobile satellite service spectrum licenses from EchoStar for its Starlink satellite network.
Microsoft will integrate Anthropic’s AI into Office 365 apps, marking a major shift in its AI strategy while balancing partnerships with OpenAI and other providers.
StubHub’s $851M IPO, valuing the ticket resale giant at up to $9.2B, marks a pivotal moment for the evolving global secondary ticket marketplace.
Amsterdam-based AI infrastructure firm Nebius surged after announcing a $17.4 billion multi-year deal with Microsoft to expand cloud computing capacity for AI workloads.
ByteDance, parent of TikTok, plans a $200.41 per share employee buyback valuing it above $330 billion, as revenue surges despite U.S. scrutiny and India’s ban.
Databricks signs Series K term sheet at a $100 billion valuation to accelerate its AI strategy, expand Lakebase, and fuel global growth.
Salesforce is set to acquire Regrello, enhancing its agentic process automation capabilities by integrating AI-driven workflows with Agentforce and Slack to streamline enterprise operations.
AbbVie will invest $195M to expand API manufacturing at its North Chicago plant, boosting U.S. pharmaceutical innovation, jobs, and production of next-generation medicines.
Perplexity makes headlines with a bold $34.5B bid to buy Google Chrome amid antitrust pressures, aiming to champion open web, user choice, and AI dominance.
Microsoft will retire its popular Lens document-scanning app from September 15, directing users to Microsoft 365 Copilot, which lacks several beloved Lens features.
“If builders can vibe-code an app in an hour, security has to vibe right alongside,” says Wiz co-founder Ami Luttwak on AI-driven cybersecurity challenges.
Samsung secures a $16.5 billion deal to produce AI chips for Tesla, marking a major step in U.S.-based semiconductor manufacturing and autonomous tech innovation.
Union Pacific and Norfolk Southern are nearing a $200 billion merger that could reshape U.S. freight transport, raising hopes for efficiency and concerns over competition.
Skydance’s $8.4B merger with Paramount gets FCC nod amid political controversy, media bias allegations, and commitments to ideological diversity in CBS programming.
Google Cloud is steadily carving out a bigger space for itself with stronger AI tools, strategic partnerships, and major enterprise wins like ServiceNow.
Anthropic CEO Dario Amodei warns staff of ethical concerns as the company considers investment from the UAE and Qatar, aiming to raise capital while keeping control.
OpenAI and SoftBank scale back their $500B Stargate project, shifting focus to a smaller AI data center amid internal disagreements and evolving priorities.
GM partners with Redwood Materials to turn EV batteries into powerful energy storage systems, expanding its clean tech role beyond automobiles into AI and industrial solutions.
Blackstone exits TikTok U.S. deal as Trump-backed consortium nears agreement amid legal delays, investor shifts, and national security concerns over Chinese ownership.
This exclusive Airtel-Perplexity deal brings professional-grade AI access to 360 million Indians, signaling a major GenAI push in the country.