The Vodafone-Three merger looks more likely today than ever before after the CMA set out remedies that could address competition concerns.
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The merger between Vodafone and Three is under the CMA's microscope as the companies promise an £11 billion investment in the UK mobile network and low-cost tariffs.
Adobe and Figma have agreed to terminate their planned merger after regulators in the European Union and United Kingdom opposed the deal. The two firms said that they couldn't see a way forward.
The consumer group Which? has warned that the Vodafone and Three merger in the UK could lead to higher prices and worse service in the short term. Longer term, it said that customers could benefit.
Vodafone and Three have said that their merger in the UK could create 12,000 new jobs. The Unite union has warned that similar mergers have actually led to job cuts and says up to 1,600 jobs could go.
The Competition and Markets Authority (CMA) in the UK initially expressed concerns over the purchase of Roomba vacuum cleaner maker iRobot by Amazon. But, it has now greenlighted the decision.
Vodafone and Three UK have announced plans to merge their UK operations. Both of the companies have found it increasingly difficult to offer services and say a merger will address this issue.
Activision Blizzard CEO Bobby Kotick has been doing the media rounds today. He said the UK's CMA had made a mistake to block the acquisition by Microsoft and said the company will appeal.
The UK Competition & Markets Authority's provisional conclusion says Microsoft's acquisition of Activision Blizzard "will not result in a substantial lessening of competition" for UK console gaming.
The UK Competition and Markets Authority said the deal could result in higher prices and fewer choices for gamers. It did offer some ideas to Microsoft and Activision Blizzard to address its issues,
Jack Dorsey has formally rolled over his 2.4% Twitter stake to Elon Musk's official holding of the company. The stakes are valued over $1 billion as of now which Musk had to otherwise pay out.
Microsoft has faced a major setback in the UK where the country's regulator has put up a hurdle in the form of a "Phase 2" investigation of the multi-billion dollar acquisition of Activision Blizzard.
Vodafone CEO Nick Read has said that three mobile networks in the UK, instead of four networks, would be healthier. He believes this would increase investment in mobile infrastructure.
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After Elon Musk's announcement that he is terminating his $44 billion acquisition of Twitter, the latter's attorneys have filed a letter to the billionaire's lawyers, calling the decision "wrongful".
Elon Musk has filed to terminate his $44 billion acquisition of Twitter, claiming that the platform did not provide him information about bot accounts. Twitter says that it will pursue legal action.
A UK regulator has begun its investigation of Microsoft's $68.7 billion acquisition of Activision Blizzard to determine its potential impacts. The deal is already being probed in the U.S. too.
Mozilla has decided to launch Thunderbird on Android via K-9 Mail. The project remains open-source, jointly funded, and is set to transform K-9 Mail into Thunderbird in the near future.
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The UK Competition Appeal Tribunal has dealt a heavy blow to Meta in its $400 million acquisition of Giphy, ruling that other regulators were correct to raise their antitrust concerns.
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Google has announced that it is merging its Duo and Meet services in a very confusing manner where the latter's features will first be migrated to Duo and then, Duo will be rebranded to Meet.
Warner Bros. Discovery, which recently got merged with AT&T-owned WarnerMedia, is now merging its streaming platform Discovery Plus with HBO Max as well, as announced by CFO Funnar Wiedenfels.
Salesforce today confirmed that it will be buying collaboration service Slack for $27.7 billion, calling it a "match made in heaven". The deal is yet to be approved by shareholders and regulators.
T-Mobile's plan to incorporate Sprint's business seems to be making progress, as a U.S. District Judge has approved of the deal. With three major hurdles out of the way, the deal is almost done.
TiVo and Xperi have announced they have entered a definitive agreement to merge both of the companies' businesses, resulting in a $3 billion company with a combined total of over 10,000 patents.
As per an announcement made today, SoftBank-owned Yahoo! Japan - now known as Z Holdings Corporation - will soon be merged with LINE Corp., a subsidiary of NAVER, to form a new joint company.
Just Eat and Takeaway.com have announced that they will merge following the agreement of their terms. Both firms are market leaders in several countries so the merger looks good for shareholders.
The Department of Justice reportedly wants T-Mobile and Sprint to create a new carrier using their own network as part of the tradeoffs the companies need to make to win its approval for their merger.
The third and fourth largest carriers in the United States have extended the deadline for the merger deal between the two to be approved. The companies have until July 29 to convince officials.
The U.S. Department of Justice reportedly voiced concerns over the merger between T-Mobile and Sprint, saying that the deal may not be approved in its current form. A decision hasn't been made yet.
New York has made quite a statement, as it revoked the approval of the Spectrum merger, forcing the company to cease operations in the state. The state is also seeking $3 million in penalties.
Synaptics, known mostly for its touchpads and fingerprint sensors, is reportedly in talks to merge with Dialog Semiconductor, responsible for the design of the PMICs in many Apple devices.
Verizon CEO Lowell McAdam says he does not care about the T-Mobile and Sprint merger. With 5G around the corner Verizon feels confident T-Mobile will be too busy playing catch up.
After years of rumors and discussions, T-Mobile and Sprint have finally announced that they will be merging. The new combined company will be headed by current T-Mobile CEO John Legere.
According to some sources, talks are in progress between Uber's Indian branch and its local competitor Ola Cabs, after a merger was called for by SoftBank, an investor common to both companies.
Grab will now take over Uber's Southeast Asia business, including around 500 employees, as part of a merger deal. In exchange, Uber will acquire a 27.5 percent stake in the combined company.
Broadcom and Qualcomm have agreed to meet on February 14th to discuss the $121 billion acquisition offer. Qualcomm turned down a meeting for last weekend but now have had a change of heart.
In a move that is not totally unexpected, Qualcomm's board of directors has rejected the $130 billion, $70-per-share offer from Broadcom as "undervalued." Broadcom still plans to pursue a merger deal.
We knew the move may be coming, and Broadcom has now put a number on its unsolicited bid for chip maker Qualcomm. The company hopes the acquisition will give it a better chance in the wireless arena.
T-Mobile and Sprint have decided to discontinue their merger talks after months of discussing the potential $74 billion deal, as the leadership of the two companies failed to reach mutual terms.
During today's trading, a series of stories showed up on the Dow Jones newswire reporting that Google was buying Apple for a tidy $9 billion. Apparently, a technical glitch caused the fake news.
After multiple reports last month, it appears that T-Mobile and Sprint may finally be on the home stretch in regards to their merger. A source familiar with the matter has revealed new details.
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