M&A

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Amazon to invest up to $4 billion in ChatGPT rival Anthropic as it plays catch-up in Generative AI
Tech

Amazon to invest up to $4 billion in ChatGPT rival Anthropic as it plays catch-up in Generative AI

By Edward Ludlow, Matt Day, Dina Bass and Bloomberg
September 25, 2023
Cisco CEO Chuck Robbins
Tech

Top tech analyst Dan Ives says Cisco splashing out $28 billion for the cybersecurity firm Splunk is a ‘well-designed strategic poker move’

By
September 21, 2023
Mergers and acquisitions are becoming more science than art as CEOs turn to AI for answers
Commentary

Mergers and acquisitions are becoming more science than art as CEOs turn to AI for answers

By
September 21, 2023
Allen Media Group CEO Byron Allen
Leadership

Byron Allen, one of America’s most prominent Black businessmen, just reportedly bid $10 billion for broadcasting giant ABC in a bold move that would cap a stunning M&A record

By
September 15, 2023
Elon Musk bought Twitter while Tesla and SpaceX were running smoothly because he’s ‘addicted to intensity’ and ‘doesn’t like to coast’
Tech

Elon Musk bought Twitter while Tesla and SpaceX were running smoothly because he’s ‘addicted to intensity’ and ‘doesn’t like to coast’

By
September 14, 2023
Brad Garlinghouse speaks at a conference.
Companies

Fortress CEO says hackers stole up to $15 million, mostly in Bitcoin, prior to Ripple acquisition

By
September 12, 2023
Twinkie the Kid
Retail

Smucker, the food giant that prides itself on modernizing brands, is buying Twinkies and other legendary snacks for $5.6 billion

By Fion Li, Deena Shanker and Bloomberg
September 11, 2023
Ripple acquires Fortress Trust, its second acquisition in 2023 after buying Metaco for $250 million
Companies

Ripple acquires Fortress Trust, its second acquisition in 2023 after buying Metaco for $250 million

By
September 8, 2023
Tesla CEO Elon Musk found a clever way to outwit bears and fund his Twitter deal at the same time.
Tech

In unorthodox move, Elon Musk borrowed $1 billion from SpaceX during ongoing Twitter deal

By
September 6, 2023
Twitter owner Elon Musk
Tech

Elon Musk’s ‘ruthless’ plan to close his Twitter deal early let him fire the social media company’s top execs—and stop them collecting a ‘$200 million’ payout

By
September 1, 2023
French luxury billionaire nears $7 billion deal for Hollywood talent giant CAA, home to Brad Pitt
Finance

French luxury billionaire nears $7 billion deal for Hollywood talent giant CAA, home to Brad Pitt

By Lucas Shaw, Kamaron Leach and Bloomberg
August 31, 2023
UBS chief executive Sergio Ermotti
Finance

UBS reaps windfall gain from Credit Suisse deal after Swiss bank nabs rival for bargain $29 billion discount 

By
August 31, 2023
Michael Bloomberg speaks from a podium.
Newsletters

Michael Bloomberg made a radical decision to ax his entire board of directors. Was that a good idea?

By
August 29, 2023
Apple should buy ESPN from Disney for $50 billion, says analyst who calls a deal a ‘no brainer’
Tech

Apple should buy ESPN from Disney for $50 billion, says analyst who calls a deal a ‘no brainer’

By
August 17, 2023
J.P. Morgan

The bidding war over U.S. Steel underscores just how much American industry has declined compared to the giants of Asia

By
August 16, 2023

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