Business

PayPal quashes Pinterest acquisition rumors

Online payments giant PayPal has said it is not seeking to buy Pinterest, ending days of speculation that had prompted shares in the image-sharing site to soar.

Business

US regulators wary of Big Tech swallowing startups

US anti-trust regulators signalled Wednesday greater scrutiny of Big Tech giants' smaller acquisitions, a potential new avenue in efforts to curb the dominance of the companies.

Business

UK watchdog: Facebook's ownership of Giphy hurts competition

Facebook's ownership of Giphy will hurt competition for animated images, U.K. regulators said Thursday, meaning the social network could ultimately be forced to unwind the deal if the provisional findings are confirmed.

Business

Uber buys trucking software firm for $2.25 bn

Uber on Thursday announced a $2.25 billion deal to beef up its freight unit with the acquisition of a firm specializing in logistics management software.

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Mergers and acquisitions

The phrase mergers and acquisitions (abbreviated M&A) refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling and combining of different companies that can aid, finance, or help a growing company in a given industry grow rapidly without having to create another business entity.

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