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Acquisition (16)

Twitter Said to Have Expressed Interest in Buying TikTok's US Operations | Technology News
Submitted 2 day(s) ago by system

Twitter has approached TikTok's Chinese owner ByteDance to express interest in acquiring the US operations of the video-sharing app, two people familiar with the matter told Reuters, as experts raised doubts over Twitter's ability to put together financing for a potential deal.

Toshiba Completely Exits Laptop Market, Sells Remaining Stake to Sharp | Technology News
Submitted 5 day(s) ago by system

Toshiba has finally quit the laptops market and transferred all its stake in the personal computer business to Sharp. The new development comes over two years after the Tokyo-headquartered company sold 80.1 percent shares of Toshiba Client Solutions to Sharp back in June 2018.

Microsoft Confirms Talks to Buy US Arm of TikTok After Discussion With President Donald Trump | Technology News
Submitted 6 day(s) ago by system

Microsoft confirmed that it is in talks with ByteDance to acquire the US arm of its popular short-form video sharing app TikTok and has discussed with President Donald Trump his concerns about security and censorship surrounding such an acquisition.

TikTok Microsoft Deal: US President Donald Trump to Give Owner ByteDance 45 Days to Negotiate Sale, Say Sources | Technology News
Submitted 6 day(s) ago by system

US President Donald Trump has agreed to give ByteDance 45 days to negotiate a sale of its popular short-form video sharing app TikTok to Microsoft, revealed sources.

Microsoft TikTok US Acquisition: Deal Talks Draw Criticism in China | Technology News
Submitted 6 day(s) ago by system

Microsoft’s talks to buy the US operations of TikTok provoked an outcry on Chinese social media as well as drew criticism from prominent ByteDance investor, Fred Hu.

ByteDance Investors Said to Value TikTok at $50 Billion in Takeover Bid | Technology News
Submitted 12 day(s) ago by system

Some investors of TikTok's parent company ByteDance seeking to take over the popular social media app are valuing it at about $50 billion (roughly Rs. 3.73 lakh crores), significantly more than peers such as Snap, according to people familiar with the matter.

Nvidia Said to Be in Advanced Talks to Buy SoftBank’s Chip Company Arm | Technology News
Submitted 12 day(s) ago by system

Nvidia is in advanced talks to acquire ARM, the chip designer that SoftBank Group bought for $32 billion four years ago, according to people familiar with the matter.

Flipkart Acquires Walmart India Business to Launch a Wholesale Marketplace for Kiranas, Indian MSMEs | Technology News
Submitted 18 day(s) ago by system

Flipkart on Thursday launched the Flipkart Wholesale as a digital marketplace to serve local kirana stores and micro, small, and medium enterprises (MSMEs) in India. The e-commerce company is acquiring 100 percent stake in Walmart India to enable the new experience.

Google Offers Data Pledge in Bid to Win EU Approval for Fitbit Acquisition | Technology News
Submitted 27 day(s) ago by system

Google has offered not to use health data of fitness tracker company Fitbit to help it target ads in an attempt to address EU antitrust concerns about its proposed $2.1 billion acquisition, the US tech company said late on Monday.

Uber Agrees to Buy Postmates in $2.65-Billion All-Stock Deal: Report | Technology News
Submitted 36 day(s) ago by system

Uber Technologies has agreed on a deal to buy food-delivery app Postmates Inc in a $2.65 billion all-stock agreement, Bloomberg News reported late Sunday, citing people familiar with the matter.

Uber to Buy Postmates in $2.65-Billion Stock Deal, Expands Food-Delivery Reach | Technology News
Submitted 36 day(s) ago by system

Uber Technologies on Monday offered to buy Postmates in a $2.65 billion all-stock deal, looking to expand its reach in the food-delivery services arena while more people order at home due to coronavirus-led restrictions.

Tencent Expands Video Streaming in Asia With Iflix Acquisition | Entertainment News
Submitted 48 day(s) ago by system

Tencent said Thursday it had bought some assets of struggling Asian streaming service Iflix, in a major expansion of its online video presence in the region.

Jio Platforms Stake Acquisition by Facebook’s Jaadhu Holdings Gets CCI Approval | Technology News
Submitted 49 day(s) ago by system

The Competition Commission of India (CCI) has approved the acquisition of 9.99 percent stake in Jio Platforms by Facebook’s Jaadhu Holdings LLC.

Ola Electric Acquires Etergo, Will Launch Own Electric Two-Wheeler in India in 2021 | Technology News
Submitted 77 day(s) ago by system

Ola Electric looks to introduce Etergo’s electric vehicles across India to introduce a clean solution for urban mobility by 2021.

Facebook Buys Giphy to Integrate GIF Website With Instagram | Technology News
Submitted 84 day(s) ago by system

Facebook is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, and will integrate it with its rapidly growing Instagram photo-sharing app, Facebook said in a blog post on Friday.

NCLAT Rejects CAIT Plea Against CCI Nod for Flipkart's Acquisition | Technology News
Submitted 153 day(s) ago by system

The National Company Law Appellate Tribunal (NCLAT) on Thursday set aside traders' body CAIT's plea against the Competition Commission of India's (CCI) approval for Walmart's acquisition of e-commerce major Flipkart.

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