Boeing has landed Qatar Airways as the launch customer for its 777X freighters, with the latter placing an order for 34 of the new freighters as well as a surprise purchase of 737 MAX passenger jets in a $30 billion-plus… Read More ›
HR & Organization
FTC will conduct antitrust review of Microsoft’s acquisition of Activision Blizzard Inc
According to a source familiar with the matter at hand, the US Federal Trade Commission (FTC) will conduct an antitrust review of Microsoft Corp’s proposed acquisition of Activision Blizzard Inc. The FTC will scrutinize the deal to see whether it will… Read More ›
UK to announce Brexit Freedom Bill
On Monday, British Prime Minister Boris Johnson is set to announce the creation of the ‘Brexit Freedoms Bill’ which aims to make it easier to remove or amend EU regulations that were incorporated in British law before its departure from… Read More ›
Elliott Management and Vista Equity Partners to take Citrix Systems private in $13 billion deal
According to sources familiar with the matter at hand, Elliott Management Corp and Vista Equity Partners are close to acquiring Citrix Systems Inc in a deal that values the Citrix at around $13 billion. The deal could be officially announced as… Read More ›
Blockchain company Valereum buy 90% of Gibraltar Stock Exchange to create world’s first hybrid stock exchange for crypto and shares
In a statement Valereum, a Blockchain company said, it would buy 90% of the Gibraltar Stock Exchange (GSX) to create the world’s first bourse where cryptoassets and shares and can be traded. Valereum, which is listed on London’s Aquis Exchange,… Read More ›
Hewlett-Packard wins fraud case against British tech tycoon Mike Lynch
In a significant development, a British judged ruled tech tycoon Mike Lynch had masterminded an elaborate fraud to inflate the value of his company – Autonomy, before it was acquired by Hewlett-Packard for $11 billion in 2011. HP’s acquisition of Autonomy… Read More ›
AirAsia Group Bhd changes name of its listd holding company to Capital A Bhd
On Friday, in a statement Malaysia based AirAsia Group Bhd said, it has decided to change the name of its listed holding company to Capital A Bhd. The development comes in the wake of the company seeking market recognition of its… Read More ›
ABB acquires controlling stake in InCharge Energy
On Thursday, in a statement ABB said, it had acquired a controlling interest in U.S-based InCharge Energy, which specializes in electric vehicle (EV) commercial charging infrastructure. ABB, which makes industrial automation and factory robots said, the acquisition built on an initial investment… Read More ›
Chinese state backed hacker group APT 27 targeting German companies: Federal Office for the Protection of the Constitution
In a statement Germany’s Federal Office for the Protection of the Constitution (BfV) said, China’s state backed hacking group APT 27 which since long is suspected of launching attacks on Western government agencies, is now targeting German companies in sectors… Read More ›
Intel scores huge antitrust fine win in EU’s second highest court
In a significant development, Intel won a landmark $1.2 billion (1.06-billion euro) antitrust fine from the European Union with the Europe’s top court ruling in favour of Intel’s arguments. The ruling by the court is likely to cheer Alphabet’s Google as… Read More ›
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