HONG KONG, August 4 (Reuters) – Tencent Holdings Ltd (0700.HK) plans to increase its stake in French video game group Ubisoft Entertainment SA (UBIP.PA) as the Chinese game giant pivots into the global games market, four sources with direct knowledge of the matter told Reuters. Sources say China’s largest social network and game company, which … Read more
July 21 (Reuters) – Amazon.com Inc (AMZN.O) on Thursday agreed to purchase primary care provider One Medical (A MOMENT) for $3.49 billion, expanding the e-commerce giant’s virtual healthcare sector for the first time and adding a traditional doctor’s office. The all-cash deal will combine two relatively small players as Amazon continues its years-long march into … Read more
WILMINGTON, Del., July 12 (Reuters) – Twitter Inc (TWTR.N) sued Elon Musk on Tuesday for violating his $44 billion deal to buy the social media platform and asked a Delaware court to order the world’s richest man to complete the merger at 54 $.20 agreed upon per Twitter share. “Musk clearly believes that he – … Read more
July 11 (Reuters) – The Canadian government on Monday ordered an investigation and asked telecom companies to agree within 60 days to develop communication protocols to keep people well informed. more, after Rogers Communications Inc. (RCIb.TO) unprecedented power failure. The nearly 19-hour outage on Friday that disrupted services from flights to banks and 911 emergency … Read more
The Rogers Building, the flagship corporate campus of Canadian media group Rogers Communications is seen in downtown Toronto, Ontario, Canada on July 9, 2022. REUTERS / Chris Helgren Sign up now for FREE unlimited access to Reuters.com Register TORONTO, July 10 (Reuters) – Rogers Communications (RCIb.TO) complicating the chances of getting antitrust approval for a … Read more
SpaceX owner and Tesla CEO Elon Musk speaks at the E3 gaming conference in Los Angeles, California, U.S., June 13, 2019. REUTERS/Mike Blake/ Sign up now for FREE unlimited access to Reuters.com Register July 9 (Reuters) – Elon Musk avoided discussing the collapsed Twitter deal, only repeating allegations of a problem with fake accounts on … Read more
July 8 (Reuters) – Tesla Inc (TSLA.O) CEO Elon Musk said Friday that he has terminated a $44 billion contract with Twitter Inc (TWTR.N)said that the social media company did not provide information about fake accounts on the platform. Shares of Twitter fell 7% in extended trading. Musk offered $54.20 per share in April. In … Read more
July 7 (Reuters) – Spirit Airlines Inc (SAVE.N) will postpone a shareholder vote scheduled for Friday on a $2.4 billion sale to Frontier Group Holdings Inc. (ULCC.O) so it can continue to negotiate its sale to JetBlue Airways Corp (JBLU.O) instead, according to people familiar with the matter. The Spirit shareholder vote, which has been … Read more
Stephen Ehrlich, CEO and Co-Founder of Voyager Digital Ltd., speaks during the Piper Sandler Global FinTech and Exchange Conference in New York City, US, June 8, 2022. REUTERS / Brendan McDermid Sign up now for FREE unlimited access to Reuters.com Register July 6 (Reuters) – U.S. crypto lender Voyager Digital (VOYG.TO) said on Wednesday that … Read more
NEW YORK, July 5 (Reuters) – Ben & Jerry’s on Tuesday sued parent company Unilever Plc (ULVR.L) blocked the sale of its Israeli business to a local licensee, saying that selling ice cream in the occupied West Bank was inconsistent with its values. The lawsuit filed in the U.S. District Court for the District of … Read more