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Tech News

Twitter rejects Musk's claims he was 'hoodwinked' over takeover deal

The social media giant and the Tesla CEO are expected to appear in court in October in a legal battle over the latter's takeover bid.

Tech News

Twitter to sue Elon Musk for calling off his takeover bid

The world's richest man wants to walk away from the $44 billion (€43.2 billion) deal, but Twitter's board says it will fight in court.

Tech News

Musk threatens to walk away from Twitter deal over fake accounts

The billionaire’s lawyers accuse Twitter of breaching its obligations by withholding data on its spam and fake accounts.

Tech News

Twitter set to accept Elon Musk's 'best and final offer,' sources say

While shareholders can't agree on what a fair price for a deal for Twitter would be, many reached out to the company after Elon Musk's takeover bid.

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Tech News

Explained: Why Microsoft's Activision deal could shake up gaming

Microsoft's takeover of Activision shows gaming will be at the heart of the metaverse but it may yet be foiled by antitrust regulators.

United Kingdom

US cable giant Comcast in multi-billion euro bid for Sky

Sky's shares jumped more than 18% in early trading on the London Stock Exchange

USA

Disney agrees $52.4bn deal with Fox

Disney will pay $52.4bn dollars for 21st Century Fox entertainment channels. The move marks the end of over 50 years of expansion of Rupert Murdoch's media empire

Economy

Disney in talks to conclude takeover of 21st Century Fox

Disney is in talks to finalise a price for the purchase of the Murdoch family's 21st Century Fox. An announcement is thought to be imminent

Zimbabwe

Army takes control in Zimbabwe

Africa's longest-serving ruler Robert Mugabe, 93, may have reached the end of the line after the army takes over in Zimbabwe.

Business Series

ChemChina's takeover of Syngenta set to go ahead

The takeover of Swiss pesticides and seeds group Syngenta by ChemChina is set to go ahead as 80% of Syngenta shareholders agree.

Business Series

Vivendi looks to video games and advertising companies

French media giant Vivendi is reportedly to focus on buying video games and advertising companies to address investor concerns about its strategy.

Business Series

German drugmaker Stada agrees takeover

A lengthy takeover process ends with German generic drugmaker Stada agreeing to be bought by investment groups Bain Capital and Cinven.

Business Series

Upstart Tesla elbows Ford aside in market value

Tesla has not sold many cars and makes a fraction of the revenue of Ford, but it has just overtaken the 100-year-old automobile pioneer in terms of market capitalisation.

Business Series

Intel drives ahead with Mobileye purchase

US microchip maker Intel is buying Israeli driverless technology firm Mobileye which could give it a dominant role in the autonomous-driving sector.

Business Series

Kraft drops Unilever bid

US food giant Kraft has dropped its plan to buy the UK-based Unilever.

Business Series

British American Tobacco to merge with Reynolds

British American Tobacco takeover of US firm Reynolds will create the world's biggest listed tobacco company, overtaking Philip Morris International.

Business Series

Sinochem and ChemChina merger on the cards say sources

Chinese firms Sinochem and ChemChina are reportedly talking about possibly merging to create a more competitive global industry player.

Business Series

Bayer raises bid price for Monsanto

Bayer's quest to become the world's largest producer of seeds and pesticides has led it to raise the price it is willing to pay for US firm Monsanto to more than $65 billion.

Business Series

Frankfurt's Hahn airport gets Asian connection

China's Yiqian Trading Company is buying Hahn airport near Frankfurt in Germany with plans to boost passenger numbers to and from Asia and also increase air freight links.

Business Series

Inter Milan bought by China's Suning

Chinese electronics retailer Suning Commerce Group is taking a controlling interest in Italian football club Inter Milan.