Acquisition

Meta Platforms - Facebook

Facebook appeals UK ruling that it must sell Giphy

Facebook-owner Meta is appealing the UK’s ruling that it must sell animated images platform Giphy, saying the evidence does not support the finding that the deal is a threat ...

Allegro: e-commerce player from Poland

Poland’s Allegro buys Czech online retailer Mall for $1 billion

Polish e-commerce group Allegro has agreed to buy Czech online retailer Mall Group for 881 million euros (approximately $1.02 billion) to create a regional platform, sending its sh...

nvidia chipmaker

Nvidia offers EU concessions over $54 billion Arm deal

Nvidia has offered concessions in a bid to secure EU antitrust approval for its $54 billion acquisition of UK-based chip designer Arm, a European Commission filing showed.

Platform Industry: Zoom meetings

Analysis: Zoom’s abandoned Five9 deal shows hurdles to expansion

Zoom Video Communications Inc’s aborted $14.7 billion acquisition of call center software firm Five9 Inc has spotlighted issues that will weigh on the virtual meeting giant&#...

Platform News: Facebook the smartphone app in-front of monitors

Facebook’s Kustomer deal set to face EU antitrust investigation

Facebook’s acquisition of US customer service start-up Kustomer is set to trigger a full-scale EU antitrust investigation next month, three people familiar with the matter sa...

Platform News: Ride-hailing app Uber Technologies

Uber’s trucking unit to buy logistics planner Transplace for $2.25 billion

Uber Technologies Inc’s trucking business is buying transportation logistics company Transplace for about $2.25 billion from private equity firm TPG Capital, in a deal that i...

Platform News: Zoom communications logo

Zoom to buy cloud-based call center operator Five9 in $15 billion deal

Zoom has announced a $14.7 billion all-stock deal to buy cloud-based call center operator Five9 Inc in its largest-ever acquisition, as competition intensifies in its core videocon...

Platform News: Visa and Tink

Visa to buy Swedish FinTech Tink for $2.2 billion

Visa Inc said it had agreed a 1.8 billion euro (approximately $2.2 billion) takeover of European open banking platform Tink, months after it ditched a planned acquisition of the st...

Platform News: Amazon

Amazon brings James Bond and Rocky to fight Netflix with MGM acquisition

Amazon.com will buy MGM, the US movie studio and home to the James Bond franchise, for $8.45 billion, giving it a huge library of films and TV shows and ramping up competition with...

Platform News: IBM

IBM to acquire software provider Turbonomic for over $1.5 billion

IBM has said it has agreed to acquire Turbonomic, a provider of software that helps companies monitor the performance of their business applications, the latest in a series of clou...

Platform News: Discord

Has Discord ended its sale talks with Microsoft?

Messaging platform Discord has ended deal talks with Microsoft and plans to focus on expanding the business as a standalone company, sources familiar with the matter told journalis...

Platform News: Software titan Microsoft building

Bloomberg: Microsoft in talks to acquire Discord for more than $10 billion

Microsoft Corp is in talks to buy messaging platform Discord Inc for more than $10 billion, Bloomberg News reported, citing people familiar with the matter.

iQIYI

Sources: Alibaba and Tencent put talks to buy iQIYI stake on hold

Alibaba Group Holding Ltd and Tencent Holdings Ltd have every held separate talks with Baidu Inc to obtain a controlling stake in movie streaming service iQIYI Inc, people with kno...

Platform News: Introducing nvidia chip hardware

Nvidia’s deal for Arm sparks quick backlash in chip industry

Nvidia’s $40 billion agreement to acquire Arm Ltd from SoftBank Group is likely to meet strong resistance from Nvidia’s chip industry rivals, analysts say, with murmurs...

Platform news: TikTok app based in China, US politics

President Trump says there will be no extension of TikTok deadline

President Donald J Trump said on Thursday the deadline set for Chinese firm ByteDance to sell its popular short-video program TikTok’s US operations wouldn’t be extende...

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