mergers & acquisitions
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Tech
Elon Musk’s xAI buys social media platform X for $45B: ‘Futures are intertwined’
Elon Musk made a shock announcement Friday that his artificial intelligence venture xAI has acquired his X social media platform…
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Tech
Google parent to buy cybersecurity startup Wiz for $32B
Alphabet said Tuesday it would buy Wiz for about $32 billion in its biggest deal as the Google parent doubles down on cybersecurity…
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Tech
Google parent Alphabet back in deal to buy cybersecurity startup Wiz for $30B: report
Google-parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for around $30 billion, a source familiar with the matter said …
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Tech
FCC chair opens probe into diversity practices at Verizon
Federal Communications Commission chair Brendan Carr on Thursday opened a probe into diversity practices at Verizon and raised the telecommunications company’s…
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Tech
OpenAI board unanimously rejects Elon Musk’s $97.4B offer
OpenAI on Friday rejected a $97.4 billion bid from a consortium led by billionaire Elon Musk for the ChatGPT maker, saying…
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Tech
Elon Musk follows Twitter playbook to rile rival Sam Altman
Elon Musk, who wildly overpaid to acquire Twitter, is now trying to wildly underpay for his proposed takeover of OpenAI,…
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Tech
Elon Musk-led group makes shock $97.4B bid for OpenAI — but Sam Altman quips, ‘No thank you’
A group of investors led by Elon Musk made an unsolicited $97.4 billion bid to take control of OpenAI –…
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Tech
Google paid $2.7B to rehire AI genius who left to form startup
Google paid $2.7 billion to rehire an artificial intelligence genius who left the tech giant in a huff three years…
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Tech
Qualcomm approached Intel about a takeover: report
Qualcomm made a takeover approach to chipmaker Intel in recent days, the Wall Street Journal reported on Friday, citing people familiar with…
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Tech
Hewlett Packard boss cites ‘fiduciary duty’ to pursue lawsuit against Mike Lynch’s estate
The chief executive of Hewlett Packard Enterprises says his company has a “fiduciary duty” to pursue a civil judgment against…
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