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Friday, June 18, 2021

Microsoft shifts focus to acquire entirety of TikTok business

Microsoft is floating the idea of acquiring the entirety of TikTok from Chinese-owned parent company ByteDance. The Financial times first reported on this, citing...

Walmart confirms possible joint deal with Microsoft to buy TikTok

Walmart has confirmed discussions with Microsoft in a possible collaborative deal to purchase the U.S. TikTok division from Chinese company ByteDance. This adds another possible...

Bristol Myers Squibb to Acquire MyoKardia for $13.1 Billion

Bristol Myers Squibb (NYSE: BMY) announced that it will buy MyoKardia Inc. (NASDAQ: MYOK) for $13.1 billion or $225 per share in cash. The...

Microsoft enters early talks to acquire TikTok US operations

Technology giant Microsoft has reportedly entered into preliminary talks to acquire the U.S. based TikTok division, owned by Chinese parent company ByteDance. The move...

ConocoPhillips to purchase shale rival Concho for $9.7 billion; shares down

ConocoPhillips (NYSE: COP) announced its plans to acquire its major shale rival Concho Resources (NYSE: CXO) for $9.7 billion in an all-stock transaction. The stock price...

Trump changes stance, gives Microsoft 45 days on TikTok deal

Over the course of the last week, President Trump changed his stance on the short-media app TikTok, weighing whether to ban the app outright...

LVMH enters into final talks with Tiffany & Co. over acquisition

A decade long rivalry is set to end as LVMH Moët Hennessy Louis Vuitton SE has entered into preliminary talks with Tiffany & Co. to...
Chamath Palihapitiya

Billionaire Chamath Palihapitiya invests big in climate change

Billionaire investor Chamath Palihapitiya announced on Tuesday that he just made his “biggest investment in climate change.” In a tweet, Palihapitiya mentioned that he led...

Alden Global seeks to purchase Tribune Publishing, signaling massive job cuts

Alden Global Capital LLC, a hedge fund based in Manhattan, NY,  is seeking to purchase Tribune Publishing, the parent company of New York Daily...

BREAKING: Visa, Plaid abandon $5.3B merger deal after DOJ antitrust lawsuit

Visa Inc. (NYSE: V) and Plaid mutually decided to abandon their $5.3 billion merger agreement after the U.S. Department of Justice (DOJ) filed a...

Must Read

Poll: 47% Worried Biden’s Spending Will Trigger More Inflation

The Biden White House is choosing to embrace the path of spending as if resources are infinite. The current administration, at this time, also...