Business ❯Corporate Strategy

Acquisitions

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Deliveroo in Exclusive Talks for £2.7 Billion DoorDash Takeover

British food delivery firm Deliveroo suspends share buyback and signals intent to recommend DoorDash’s 180p-per-share offer, with a final decision due by May 23.

Merck KGaA Confirms $3.9 Billion Acquisition of SpringWorks Therapeutics

Instagram Co-Founder Testifies Zuckerberg Undermined App’s Growth to Protect Facebook

Indiana Jones and the Great Circle Launches on PS5 with Strong Reviews

Mark Zuckerberg Testifies on Meta's 'Buy or Bury' Strategy in FTC Antitrust Trial

Elon Musk Merges xAI and X in $113 Billion Deal to Form xAI Holdings Corp.

Accenture Stock Drops 8% as Federal Contract Cuts Impact Revenue

SoftBank Acquires Former Sharp Plant for $676M to Build AI Data Center

Ubisoft Faces Shareholder Protest Over Alleged IP Sale Talks and Management Issues

Elon Musk's xAI Expands Memphis Supercomputer Facility to One Million GPUs

Prada Nears $1.6 Billion Deal to Acquire Versace

Microsoft to Retire Skype in May 2025, Transitioning Users to Teams

Microsoft to Shut Down Skype After Over Two Decades of Service

Intel Faces Uncertain Future as Breakup and Sale Speculation Intensifies

OpenAI Rejects Elon Musk's $97 Billion Acquisition Offer

Mytheresa Reports 13% Sales Growth and Prepares for YNAP Acquisition

TikTok Enables Android Users in the U.S. to Download App Despite Ban

Zomato Parent Company Rebrands as Eternal Limited

Walmart Acquires Pennsylvania Mall in $34 Million Deal

Whole Foods CEO Jason Buechel to Lead Amazon's Global Grocery Operations

Aonic Invests $10M in Mobile Gaming Platform Mega Fortuna

Microsoft Announces New Layoffs Targeting Underperforming Employees

Arm Explores Potential Acquisition of Ampere Computing to Bolster Data Center Strategy

Hedge Funds Shift Focus to AI Stocks Beyond Nvidia

Microsoft Leads AI Race with Record Nvidia Chip Purchases

Royal Mail to Introduce Dedicated Parcel Lockers in 2025

Nike-Owned Digital Fashion Brand RTFKT to Shut Down by January 2025

AI-Driven Laptops Struggle to Gain Traction Despite Growing Market Share

Sage Group Shares Surge After Exceeding Profit Expectations

Disney CEO Bob Iger Dismisses New Acquisitions Under Trump

Burberry Shares Surge Amid Moncler Acquisition Rumors

Call of Duty: Black Ops 6 Launches to Record Success

Next Surpasses £1 Billion Profit Milestone Amid Strong Autumn Sales

Microsoft Expands Xbox Titles to Rival Consoles

Nippon Steel Plans to Sell Alabama JV Stake to ArcelorMittal

Rio Tinto Acquires Arcadium for $6.7 Billion, Expanding Lithium Portfolio

Mytheresa Acquires Yoox Net-a-Porter from Richemont for €555 Million

JD Sports Reports Record Sales Despite Market Challenges

Amazon Joins Motion Picture Association with Prime Video and MGM Studios

Playtika Acquires Mobile Game Developer SuperPlay for Up to $1.95B

Ex-Bungie Lawyer Commends Sony's Influence on Destiny 2 Overhaul

MicroStrategy Acquires $1.1 Billion in Bitcoin, Stock Surges 8%

Sakana AI Secures $100M to Build Leading AI Lab in Japan

Nippon Steel Faces Political and Labor Hurdles in US Steel Acquisition

Automattic to Transition Tumblr's Backend to WordPress

Bunzl Announces Major Share Buyback and Profit Forecast Boost

Microsoft Faces Backlash Over Indiana Jones Game's PlayStation Release

Bob Iger Admits Mistake in Calling Disney's TV Assets Non-Core

Cisco Announces Second Round of Major Layoffs This Year

Meta Shuts Down VR Studio Ready at Dawn

Humane Faces Crisis as AI Pin Returns Outpace Sales

Former Blizzard President Mike Ybarra Appointed CEO of PrizePicks

Mars Eyes $27 Billion Acquisition of Snack Giant Kellanova

Microsoft and Activision Blizzard Form New Team to Develop AA Games

Xbox Hardware Sales Plummet as Software and Services Flourish

Call of Duty: Modern Warfare 3 Launches on Xbox Game Pass

Darden Restaurants Acquires Chuy's Tex-Mex for $605 Million

TNT Secures 10-Year Deal for French Open Broadcast Rights

ServiceNow Unveils 'Washington DC' Update with Generative AI Enhancements