Mergers, Acquisitions and Divestitures

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FTC Court Ruling Clears Path for Microsoft to Buy Activision

Leave a Comment / Activision Blizzard Inc, Computer and Video Games, Computers and the Internet, Decisions and Verdicts, Federal Trade Commission, Khan, Lina, Kotick, Bobby, Mergers, Acquisitions and Divestitures, Microsoft Corp, Nadella, Satya, PlayStation (Video Game System), Regulation and Deregulation of Industry, Sony Corporation, Xbox (Video Game System)

FTC Court Ruling Clears Path for Microsoft to Buy ActivisionMicrosoft also said it was negotiating changes to the deal to satisfy objections made by a British regulator, which could allow it to complete its purchase of the video game giant as soon as this month. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kellen Browning, David McCabe and […]

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Twitter Sues Law Firm Over $90 Million Payment in Elon Musk Deal

Leave a Comment / Computers and the Internet, Corporations, Legal Profession, Mergers, Acquisitions and Divestitures, Musk, Elon, Social Media, Twitter, WACHTELL LIPTON ROSEN & KATZ

Twitter Sues Law Firm Over $90 Million Payment in Elon Musk DealThe lawsuit targeted Wachtell, Lipton, Rosen & Katz, a well-known Wall Street law firm, for “unjust enrichment” related to Mr. Musk’s $44 billion purchase of Twitter. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Ryan Mac and Lauren Hirsch

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Microsoft and Activision Chiefs Testify Merger Will Benefit Consumers

Leave a Comment / Activision Blizzard Inc, Antitrust Laws and Competition Issues, Computer and Video Games, Federal Trade Commission, Kotick, Bobby, Mergers, Acquisitions and Divestitures, Microsoft Corp, Nadella, Satya, PlayStation (Video Game System), Sony Corporation, Spencer, Phil (Technology Executive), Xbox (Video Game System)

Microsoft and Activision Chiefs Testify Merger Will Benefit ConsumersIn federal court, Satya Nadella and Bobby Kotick opposed an attempt by the F.T.C. to delay Microsoft’s $70 billion acquisition of a video game giant. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kellen Browning

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Alibaba’s Daniel Zhang Will Leave Top Post, Replaced by Joseph Tsai

Leave a Comment / Alibaba Group Holding Ltd, Appointments and Executive Changes, E-Commerce, Ma, Jack, Mergers, Acquisitions and Divestitures, Tsai, Joseph C, Zhang, Daniel (1972- )

Alibaba’s Daniel Zhang Will Leave Top Post, Replaced by Joseph TsaiThe Chinese tech giant says its top leader, Daniel Zhang, will make way for two long-serving executives: Joseph Tsai takes over as chairman and Eddie Yongming Wu becomes chief executive. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Chang Che

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Spotify Podcast Layoffs Will Affect Gimlet and Parcast Workers

Leave a Comment / Gimlet Media, Labor and Jobs, Layoffs and Job Reductions, Mergers, Acquisitions and Divestitures, Organized Labor, Parcast Network, Podcasts, Spotify, Writers Guild of America

Spotify Podcast Layoffs Will Affect Gimlet and Parcast WorkersSpotify said it was cutting 2 percent of its work force and absorbing two popular podcast studios, Gimlet Media and Parcast, into Spotify Studios. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Amanda Holpuch

Spotify Podcast Layoffs Will Affect Gimlet and Parcast Workers Read More »

E.U. Approves Microsoft’s $69 Billion Deal for Activision

Leave a Comment / Activision Blizzard Inc, Antitrust Laws and Competition Issues, Competition and Markets Authority (Great Britain), Computer and Video Games, Computers and the Internet, European Union, Federal Trade Commission, Mergers, Acquisitions and Divestitures, Microsoft Corp, Regulation and Deregulation of Industry, Xbox (Video Game System)

E.U. Approves Microsoft’s $69 Billion Deal for ActivisionThe green light follows objections to the blockbuster deal by American and British regulators on the grounds that it would undercut competition.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Adam Satariano Powered by WPeMatico

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As Regulators Block Tech Deals, They Increasingly Look to the Future

Leave a Comment / Activision Blizzard Inc, Antitrust Laws and Competition Issues, Competition and Markets Authority (Great Britain), Computer and Video Games, Computers and the Internet, Federal Trade Commission, Great Britain, Mergers, Acquisitions and Divestitures, Microsoft Corp, Regulation and Deregulation of Industry, United States

As Regulators Block Tech Deals, They Increasingly Look to the FutureBritish regulators cited the newness of the cloud gaming field to block Microsoft’s $69 billion acquisition of Activision, a shift in antitrust strategy.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124David McCabe and Kellen Browning Powered by WPeMatico

As Regulators Block Tech Deals, They Increasingly Look to the Future Read More »

Elon Musk Values Twitter at $20 Billion

Leave a Comment / Computers and the Internet, Corporations, Mergers, Acquisitions and Divestitures, Musk, Elon, Social Media, Stock Options and Purchase Plans, Twitter

Elon Musk Values Twitter at $20 BillionThe billionaire bought the social media company for $44 billion in October and took it private.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kate Conger and Ryan Mac Powered by WPeMatico

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Lawmakers Blast TikTok’s CEO for App’s Ties to China, Escalating Tensions

Leave a Comment / Law and Legislation, Mergers, Acquisitions and Divestitures, Politics and Government, Privacy, Social Media, TikTok (ByteDance)

Lawmakers Blast TikTok’s CEO for App’s Ties to China, Escalating TensionsLawmakers grilled Shou Chew, TikTok’s chief executive, over the app’s ties to its Chinese parent company and its effects on children, as Chinese officials said they opposed a sale of the platform.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Cecilia Kang, David McCabe and Sapna Maheshwari Powered by WPeMatico

Lawmakers Blast TikTok’s CEO for App’s Ties to China, Escalating Tensions Read More »

Pulling the Plug on TikTok Will Be Harder Than It Looks

Leave a Comment / Beijing Bytedance Technology Co Ltd, Biden, Joseph R Jr, China, Cyberwarfare and Defense, Espionage and Intelligence Services, Mergers, Acquisitions and Divestitures, Mobile Applications, Raimondo, Gina M, Shou Chew, Social Media, TikTok (ByteDance), Trump, Donald J

Pulling the Plug on TikTok Will Be Harder Than It LooksThe tensions over the Chinese-owned social media app will come to a head on Thursday, when the company’s chief executive testifies on Capitol Hill.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124David E. Sanger, David McCabe and Sapna Maheshwari Powered by WPeMatico

Pulling the Plug on TikTok Will Be Harder Than It Looks Read More »

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