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.

Business

Zoom buying Five9 in $14.7B all-stock transaction

Zoom, the videoconferencing company whose growth was supercharged by the pandemic over the past year, will buy the cloud call center company Five9 in an all-stock deal valued at about $14.7 billion.

Business

Big Chinese firms fined over anti-monopoly law

China fined 11 companies including tech giant Tencent on Friday, taking aim at their acquisitions and joint ventures as authorities target monopolistic practices.

Second-hand site Vinted happy to scare clothing retailers

With more than 1.3 billion euros ($1.5 billion) in sales last year on its platform and a new acquisition under its belt, second-hand clothes innovator Vinted believes it is starting to scare fashion retailers—for the good ...

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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.

This text uses material from Wikipedia, licensed under CC BY-SA