The U.K.’s antitrust regulator will narrow the focus of its probe into Microsoft Corp.’s plan to buy Activision Blizzard Inc. for $68.7 billion. The Competition and Markets Authority, or CMA, disclosed the development today. Microsoft announced its plans to acquire ...
The U.K.’s antitrust regulator is concerned that Broadcom Inc.’s proposed $61 billion acquisition of VMware Inc. could raise server prices. The Competition and Markets Authority, or CMA, publicized its position today. The development follows the conclusion of an inquiry into ...
SVB Financial Group Corp., the former parent company of Silicon Valley Bank, today announced that it has filed for Chapter 11 bankruptcy protection in New York. SVB Financial Group operated Silicon Valley Bank until financial regulators closed the latter company last ...
Rippling, a startup with a popular cloud-based workforce management platform, today disclosed that it has raised $500 million in funding. Existing backer Greenoaks Capital was the lead investor and reportedly increased its stake by 4%. The round keeps the startup’s valuation ...
Samsung Electronics Co. Ltd. will spend 300 trillion won, or about $230 billion, over the next two decades to build a new chip manufacturing hub in South Korea. The hub, which will be located near Seoul, is reportedly set to ...
