Intel Casts Off More Memory Chip Business in $9 Billion Deal

The sale to SK Hynix of South Korea includes a major factory in China and follows the company’s decades-long shift into microprocessors.

#computer-chips, #computers-and-the-internet, #hynix-semiconductor, #intel-corporation, #mergers-acquisitions-and-divestitures

0

Chevron’s Purchase Could Unlock Israel’s Natural Gas Bonanza

The oil giant’s takeover of Noble Energy gives it a foothold in an emerging energy hot spot: the eastern Mediterranean Sea.

#chevron-corporation, #delek-drilling-lp, #international-trade-and-world-market, #israel, #mediterranean-sea, #mergers-acquisitions-and-divestitures, #natural-gas, #noble-energy-inc, #oil-petroleum-and-gasoline, #turkey, #wirth-michael-k

0

12 Accusations in the Damning House Report on Amazon, Apple, Facebook and Google

Lawmakers said they found multiple problems with each of the four giant tech companies.

#amazon-com-inc, #antitrust-laws-and-competition-issues, #apple-inc, #computers-and-the-internet, #data-mining-and-database-marketing, #e-commerce, #facebook-inc, #google-inc, #house-of-representatives, #mergers-acquisitions-and-divestitures, #mobile-applications, #search-engines, #social-media, #software

0

House Lawmakers Condemn Big Tech’s ‘Monopoly Power’

In a report led by Democrats, lawmakers said Apple, Amazon, Google and Facebook needed to be checked and recommended reforming antitrust laws.

#amazon-com-inc, #antitrust-laws-and-competition-issues, #apple-inc, #computers-and-the-internet, #facebook-inc, #google-inc, #house-of-representatives, #mergers-acquisitions-and-divestitures, #microsoft-corp, #united-states-politics-and-government

0

Clover Health Is Acquired in a $3.7 Billion Deal

The health care company hopes to use the money, from an affiliate of the billionaire Chamath Palihapitiya, to fuel growth and achieve profitability.

#clover-health-llc, #health-insurance-and-managed-care, #medicare, #mergers-acquisitions-and-divestitures, #palihapitiya-chamath

0

Big Tech Was Their Enemy, Until Partisanship Fractured the Battle Plans

A House report on how to limit the reach of Apple, Amazon, Google and Facebook has been delayed as Democrats and Republicans split on remedies.

#amazon-com-inc, #antitrust-laws-and-competition-issues, #apple-inc, #cicilline-david-n, #computers-and-the-internet, #conservatism-us-politics, #facebook-inc, #google-inc, #house-committee-on-the-judiciary, #house-of-representatives, #jordan-jim-1964, #mergers-acquisitions-and-divestitures, #mobile-applications, #politics-and-government, #social-media, #united-states-politics-and-government

0

TikTok Files for Injunction to Stop Ban of App

While President Trump has blessed a deal for TikTok, the video app filed to stop a ban of its service that is set to go into effect on Sunday.

#beijing-bytedance-technology-co-ltd, #commerce-department, #computers-and-the-internet, #executive-orders-and-memorandums, #mergers-acquisitions-and-divestitures, #mobile-applications, #oracle-corporation, #social-media, #tiktok-bytedance, #trump-donald-j, #walmart-stores-inc

0

Microsoft Acquires Video Game Company ZeniMax in $7.5 Billion Deal

The company’s acquisition of ZeniMax Media puts it in a strong position against Sony just weeks before the release of their next generation of gaming consoles.

#computer-and-video-games, #mergers-acquisitions-and-divestitures, #microsoft-corp, #software, #sony-corporation, #xbox-video-game-system

0

TikTok Deal with Oracle, Walmart Trips Over U.S.-China Feud

Companies involved in a deal to resolve TikTok’s future publicly clashed over the arrangement, while President Trump threatened to block any deal that left the service in Chinese hands.

#beijing-bytedance-technology-co-ltd, #china, #computers-and-the-internet, #mergers-acquisitions-and-divestitures, #mobile-applications, #oracle-corporation, #politics-and-government, #social-media, #stocks-and-bonds, #tiktok-bytedance, #trump-donald-j, #united-states-politics-and-government

0

DealBook: How Ginsburg’s Successor Could Remake Business

Leading candidates to fill her seat on the Supreme Court are likely to rule in favor of conservative causes that could affect Corporate America.

#barrett-amy-coney, #beijing-bytedance-technology-co-ltd, #ellison-lawrence-j, #ginsburg-ruth-bader, #lagoa-barbara, #mergers-acquisitions-and-divestitures, #tiktok-bytedance, #united-states-politics-and-government, #wechat-mobile-app

0

This Deal Helped Turn Google Into an Ad Powerhouse. Is That a Problem?

The $3.1 billion acquisition of DoubleClick in 2007 was a “game changer.” A growing number of antitrust experts say it’s the sort of deal that should no longer be possible.

#antitrust-laws-and-competition-issues, #appnexus, #computers-and-the-internet, #doubleclick-inc, #google-inc, #mergers-acquisitions-and-divestitures, #online-advertising, #regulation-and-deregulation-of-industry, #search-engines

0

TikTok Deal Exposes a Security Gap, and a Missing China Strategy

Technological progress has outpaced the political debate again. What will happen when the next TikTok arrives in the United States?

#beijing-bytedance-technology-co-ltd, #computers-and-the-internet, #executive-orders-and-memorandums, #federal-bureau-of-investigation, #industrial-espionage, #mergers-acquisitions-and-divestitures, #microsoft-corp, #mobile-applications, #social-media, #tiktok-bytedance, #united-states-politics-and-government, #wechat-mobile-app

0

Trump Approves Deal Between Oracle and TikTok

The approval delays President Trump’s threat to block a popular Chinese-owned social media app from the United States until it receives investment from American partners.

#beijing-bytedance-technology-co-ltd, #executive-orders-and-memorandums, #mergers-acquisitions-and-divestitures, #microsoft-corp, #mobile-applications, #social-media, #tiktok-bytedance, #trump-donald-j, #united-states-politics-and-government

0

Trump Wants to Cripple TikTok and WeChat. Why?

He says that they are a security threat. If so, it is time to show the world the evidence.

#beijing-bytedance-technology-co-ltd, #chinese-americans, #commerce-department, #computers-and-the-internet, #instant-messaging, #mergers-acquisitions-and-divestitures, #mobile-applications, #mobile-commerce-and-payments, #politics-and-government, #ross-wilbur-l-jr, #social-media, #tiktok-bytedance, #trump-donald-j, #wechat-mobile-app

0

As Steve Cohen Closes In on Mets, Discrimination Claims Cast a Shadow

As M.L.B. owners consider whether to approve Cohen as the new owner of the club, several complaints filed by women at his company loom as potential sticking points.

#baseball, #bonner-lauren, #cohen-steven-a, #discrimination, #hedge-funds, #major-league-baseball, #mergers-acquisitions-and-divestitures, #new-york-mets, #point72-asset-management-lp, #suits-and-litigation-civil, #women-and-girls

0

Reid Hoffman and Mark Pincus On What Makes Their SPAC Different

Silicon Valley stars Reid Hoffman and Mark Pincus explain what makes their blank-check company different.

#airlines-and-airplanes, #beijing-bytedance-technology-co-ltd, #coronavirus-2019-ncov, #goldman-sachs-group-inc, #jpmorgan-chasecompany, #mergers-acquisitions-and-divestitures, #oracle-corporation, #tiktok-bytedance, #walmart-stores-inc

0

TikTok Deal Latest: ‘Who the Hell Knows?’

Deal makers involved in the talks to sell TikTok are exasperated.

#beijing-bytedance-technology-co-ltd, #coronavirus-2019-ncov, #initial-public-offerings, #mergers-acquisitions-and-divestitures, #oracle-corporation, #tiktok-bytedance, #trump-donald-j

0

Will Oracle Solve Trump’s TikTok Problem?

Forcing the unspooling of a complex global company is not as easy as yelling about the “China menace.”

#beijing-bytedance-technology-co-ltd, #china, #ellison-lawrence-j, #mergers-acquisitions-and-divestitures, #oracle-corporation, #propaganda, #social-media, #tiktok-bytedance, #trump-donald-j, #united-states-politics-and-government

0

TikTok’s Proposed Deal Seeks to Mollify U.S. and China

The Chinese-owned app designed a compromise to satisfy U.S. security concerns. The terms are now under review by the Trump administration.

#china, #computer-security, #computers-and-the-internet, #executive-orders-and-memorandums, #international-trade-and-world-market, #mergers-acquisitions-and-divestitures, #oracle-corporation, #social-media, #stocks-and-bonds, #tiktok-bytedance, #treasury-department, #united-states-international-relations, #united-states-politics-and-government

0

Microsoft Says Its Bid for TikTok Was Rejected in U.S.-China Standoff

The move leaves Oracle as the sole known remaining bidder, as the clock ticks down on President Trump’s executive order to block the app.

#computer-security, #computers-and-the-internet, #executive-orders-and-memorandums, #mergers-acquisitions-and-divestitures, #microsoft-corp, #oracle-corporation, #social-media, #tiktok-bytedance, #united-states-international-relations

0

SoftBank Said to Be Near Deal to Sell British Chip Designer Arm

A sale to Nvidia for more than $40 billion would net billions of dollars for the Japanese tech investor and create a powerhouse in the semiconductor industry.

#antitrust-laws-and-competition-issues, #computer-chips, #mergers-acquisitions-and-divestitures, #nvidia-corporation, #softbank-corporation

0

The Woman Taking Over TikTok at the Toughest Time

Vanessa Pappas is keeping a focus on the app’s community of creators and users as it deals with pressure from President Trump, Beijing and a possible sale.

#appointments-and-executive-changes, #computers-and-the-internet, #mergers-acquisitions-and-divestitures, #mobile-applications, #pappas-vanessa, #social-media, #tiktok-bytedance, #video-recordings-downloads-and-streaming, #youtube-com

0

Tiffany’s $16 Billion Sale Falls Apart in Face of Pandemic and Tariffs

The luxury giant LVMH Moët Hennessy Louis Vuitton backed out of its deal to buy the jeweler.

#arnault-bernard, #coronavirus-2019-ncov, #customs-tariff, #jewels-and-jewelry, #luxury-goods-and-services, #lvmh-moet-hennessy-louis-vuitton-sa, #mergers-acquisitions-and-divestitures, #shopping-and-retail, #suits-and-litigation-civil, #tiffanycompany

0

The Two Men Buying Your Favorite Retailers

Jamie Salter and David Simon, one a licensing expert and the other a mall operator, are reshaping the shopping landscape by acquiring bankrupt brands like Brooks Brothers and Forever 21.

#authentic-brands-group, #bankruptcies, #barneys-new-york, #brooks-brothers, #forever-21, #lucky-brand-dungarees, #mergers-acquisitions-and-divestitures, #salter-jamie, #shopping-and-retail, #shopping-centers-and-malls, #simon-property-group-inc, #simon-david-e

0

Samsung’s J.Y. Lee Faces New Charges

Lee Jae-yong stands accused of stock price manipulation and other offenses as he sought to tighten his control over the major corporate empire.

#decisions-and-verdicts, #lee-jae-yong-1968, #mergers-acquisitions-and-divestitures, #samsung-electronics-co, #samsung-group, #securities-and-commodities-violations, #stocks-and-bonds

0

TikTok Deal Faces Complications as U.S. and China Ratchet Up Tit-for-Tat

China’s new export rules, which could delay or scuttle a sale of TikTok, have further turned giant companies into pawns in a geopolitical struggle.

#china, #computers-and-the-internet, #corporations, #international-trade-and-world-market, #mergers-acquisitions-and-divestitures, #mobile-applications, #social-media, #tiktok-bytedance, #united-states-international-relations, #united-states-politics-and-government

0

In Bid for TikTok, Microsoft Flexes Its Power in Washington

The tech giant, once an example of how not to operate in the nation’s capital, now has a successful influence operation there.

#antitrust-laws-and-competition-issues, #computers-and-the-internet, #data-mining-and-database-marketing, #government-contracts-and-procurement, #lobbying-and-lobbyists, #mergers-acquisitions-and-divestitures, #microsoft-corp, #nadella-satya, #smith-bradford-l, #united-states-politics-and-government

0

Will This Old Financial Tool Transform Tech Investing?

Many start-ups and big-idea companies have rediscovered an alternative to a traditional I.P.O.

#banking-and-financial-institutions, #entrepreneurship, #initial-public-offerings, #mergers-acquisitions-and-divestitures, #palihapitiya-chamath, #social-media, #start-ups, #venture-capital

0

Walmart Joining Microsoft in TikTok Bid

The retail giant said it was teaming up with Microsoft, which has been negotiating for weeks to buy the popular Chinese-owned video app.

#computers-and-the-internet, #mergers-acquisitions-and-divestitures, #microsoft-corp, #mobile-applications, #social-media, #tiktok-bytedance, #united-states-politics-and-government, #walmart-stores-inc, #zhang-yiming-1983

0

Two Black-Led Banks Merge to Form a $1 Billion Lender

The expanded City First Bank, which concentrates on underserved neighborhoods, will be the nation’s largest Black-controlled federally insured commercial lender.

#banking-and-financial-institutions, #black-people, #broadway-financial-corp-delaware, #city-first-bank-of-dc, #mergers-acquisitions-and-divestitures, #minorities

0

How TikTok’s Talks With Microsoft Turned Into a Soap Opera

Neither side wanted a big deal. But what began as talks about a small investment ballooned with interventions from President Trump.

#china, #cloud-computing, #committee-on-foreign-investment-in-the-united-states-cfius, #computers-and-the-internet, #executive-orders-and-memorandums, #foreign-investments, #general-atlantic-llc, #mergers-acquisitions-and-divestitures, #microsoft-corp, #mnuchin-steven-t, #mobile-applications, #nadella-satya, #oracle-corporation, #sequoia-capital, #social-media, #suits-and-litigation-civil, #tiktok-bytedance, #trump-donald-j, #united-states-international-relations, #zhang-yiming-1983

0

Electric Vehicle Makers Find a Back Door to Wall Street

Special purpose acquisition companies, or SPACs, are helping them and other fledgling companies raise money and gain coveted stock listings.

#ackman-william-a, #automobiles, #banking-and-financial-institutions, #electric-and-hybrid-vehicles, #initial-public-offerings, #lordstown-ohio, #lordstown-motors, #mergers-acquisitions-and-divestitures, #start-ups, #stocks-and-bonds, #tesla-motors-inc, #trucks-and-trucking

0

Trump Says He Supports Oracle Owning TikTok

President Trump, who has been pushing for a sale of the Chinese-owned video app, did not say whether Oracle would be a better buyer than Microsoft.

#computers-and-the-internet, #ellison-lawrence-j, #enterprise-computing, #mergers-acquisitions-and-divestitures, #mobile-applications, #oracle-corporation, #politics-and-government, #social-media, #tiktok-bytedance, #trump-donald-j

0

TikTok Signs Music Deal with UnitedMasters

As the Chinese-owned app negotiates its potential sale, it is signing a different sort of deal.

#mayer-kevin-a, #mergers-acquisitions-and-divestitures, #social-media, #stoute-steven, #tiktok-bytedance

0

Sumner Redstone, Hollywood Brawler

He embodied the impolite era of the media mogul, a time before streaming, when movie theaters and cable TV were all the rage.

#appointments-and-executive-changes, #cable-television, #cbs-corporation, #diller-barry, #malone-john-c, #media, #mergers-acquisitions-and-divestitures, #movies, #paramount-pictures, #redstone-sumner-m, #television, #viacom-inc

0

Bankrupt Brooks Brothers Agrees to Sale to Simon Property and Authentic Brands

The retailer is seeking court approval of a $325 million sale to a group backed by the mall owner Simon Property Group and Authentic Brands Group, a licensing firm.

#authentic-brands-group, #bankruptcies, #brooks-brothers, #coronavirus-2019-ncov, #del-vecchio-claudio, #fashion-and-apparel, #layoffs-and-job-reductions, #mergers-acquisitions-and-divestitures, #shopping-and-retail, #simon-property-group-inc, #sparc-group-llc

0

McDonald’s Lawsuit Puts Spotlight on Severance Policy

The fast-food giant’s suit against its former C.E.O. may prompt other companies to review their pay and severance policies.

#easterbrook-stephen-j-1967, #executive-compensation, #mcdonalds-corporation, #mergers-acquisitions-and-divestitures, #tiktok-bytedance

0

Joe Biden’s Links to Wall Street, Silicon Valley

Although they haven’t necessarily fallen in love with the Democratic presidential candidate, many on Wall Street and in Silicon Valley are falling in line.

#biden-joseph-r-jr, #mergers-acquisitions-and-divestitures, #presidential-election-of-2020, #race-and-ethnicity

0

Trump Wants U.S. to Get Cut of Any TikTok Deal. No One Knows How That’d Work.

The president has repeatedly called for a big payment to the Treasury Department if a Chinese company sells the app to Microsoft, but there is no provision in the law for that.

#computers-and-the-internet, #foreign-corrupt-practices-act-1977, #foreign-investments, #mergers-acquisitions-and-divestitures, #mobile-applications, #politics-and-government, #social-media, #trump-donald-j, #united-states-economy

0

Is TikTok a Good Buy? It Depends on What’s Included

TikTok’s most valuable assets, a hyper-effective algorithm and a community of popular creators, may not be as easy to acquire as the company itself.

#artificial-intelligence, #computers-and-the-internet, #e-commerce, #mergers-acquisitions-and-divestitures, #microsoft-corp, #social-media, #tiktok-bytedance, #trump-donald-j

0

What Years of Emails and Texts Reveal About Your Friendly Tech Companies

Theatrics distracted from the real payoff of the congressional hearings: the subpoenaed documents.

#amazon-com-inc, #antitrust-laws-and-competition-issues, #facebook-inc, #google-inc, #mergers-acquisitions-and-divestitures

0

TikTok, Trump and an Impulse to Act as C.E.O. to Corporate America

The president’s interventions in company dealings based on his own instincts are a departure from the arm’s-length approach of predecessors of either party.

#china, #international-trade-and-world-market, #mergers-acquisitions-and-divestitures, #microsoft-corp, #regulation-and-deregulation-of-industry, #relocation-of-business, #social-media, #tiktok-bytedance, #trump-donald-j, #united-states-international-relations, #united-states-politics-and-government

0

Trump Says Microsoft Can Bid for TikTok

The president said he did not object to a potential acquisition of the Chinese-owned app, retreating from comments about banning the service.

#committee-on-foreign-investment-in-the-united-states-cfius, #computers-and-the-internet, #foreign-investments, #mergers-acquisitions-and-divestitures, #microsoft-corp, #mobile-applications, #social-media, #tiktok-bytedance, #united-states-politics-and-government

0

With TikTok, ‘Uncool’ Microsoft Aims for the Love of Tweens

Buying one of the largest and most influential social networks in the country could change the perception of the tech giant.

#cloud-computing, #computers-and-the-internet, #data-mining-and-database-marketing, #mergers-acquisitions-and-divestitures, #microsoft-corp, #nadella-satya, #social-media, #tiktok-bytedance, #trump-donald-j

0

Lord & Taylor Files for Bankruptcy as Retail Collapses Pile Up

The department store, which traces its roots to 1826, was struggling before the coronavirus hit.

#bankruptcies, #coronavirus-2019-ncov, #hudsons-bay-co, #le-tote-inc, #lordtaylor, #mergers-acquisitions-and-divestitures

0

What’s Going On With TikTok? Here’s What We Know

President Trump is talking about banning the app. TikTok may also sell its U.S. operations. Let’s sort through it all here.

#computers-and-the-internet, #executive-orders-and-memorandums, #mergers-acquisitions-and-divestitures, #mobile-applications, #social-media, #tiktok-bytedance, #trump-donald-j, #united-states-politics-and-government

0

ByteDance Said to Offer to Sell TikTok’s U.S. Operations

The Trump administration has said the video app poses security concerns because of its Chinese ownership.

#mergers-acquisitions-and-divestitures, #mobile-applications, #tiktok-bytedance, #united-states-politics-and-government

0

Microsoft Said to Be in Talks to Buy TikTok, as Trump Weighs Curtailing App

The discussions come as TikTok’s ownership by a Chinese company is under scrutiny by the White House and lawmakers.

#china, #committee-on-foreign-investment-in-the-united-states-cfius, #computers-and-the-internet, #foreign-investments, #mergers-acquisitions-and-divestitures, #microsoft-corp, #mobile-applications, #musical-ly-inc, #social-media, #tiktok-bytedance, #trump-donald-j

0

One of America’s Oldest Gun Makers Files for Bankruptcy for 2nd Time

The move by the 204-year-old Remington Arms Company came after years of litigation and declining sales.

#bankruptcies, #cerberus-capital-management, #cloud-peak-energy-inc, #firearms, #gun-control, #jpmorgan-chasecompany, #mergers-acquisitions-and-divestitures, #navajo-indians, #newtown-conn-shooting-2012, #parkland-fla-shooting-2018, #remington-arms-co

0