Mergers and acquisitions

Trump’s social media company has lost over $31 million since its launch, faces potential shutdown

[Editor’s Note: This article and headline have been corrected to state that Trump Media and Technology Group, the parent company…

Alphabet-backed GoCardless considers takeovers as CEO expects a barrage of consolidation

GoCardless, the British fintech company backed by Alphabet’s venture capital fund GV, is considering more mergers and acquisitions as it…

After blockbuster Microsoft deal, gaming giants are still sitting on $45 billion cash hoard

Publicly listed gaming companies are sitting on a $45 billion pile of cash and cash equivalents — and that could…

Microsoft’s $69 billion Activision Blizzard takeover approved by UK, clearing way for deal to close

Britain’s top competition watchdog on Friday gave the green light to Microsoft’s proposed $69 billion takeover of gaming firm Activision…

Ark CEO Cathie Wood says she avoided the Arm IPO frenzy. Here’s why

Ark Invest CEO Cathie Wood said she did not participate in Arm’s blockbuster initial public offering last week because she…

Online grocery firm Instacart seeks up to $9.3 billion valuation in IPO

Instacart on Monday submitted an updated filing for its upcoming initial public offering, saying it is looking to raise up to…

Ripple buys crypto infrastructure startup in its second acquisition of 2023

Cryptocurrency company Ripple announced on Friday it will acquire Fortress Trust, a startup specializing in crypto infrastructure, giving it a…

Southeast Asia’s IPO market is an investor favorite amid global headwinds, Deloitte says

Southeast Asia’s initial public offering market is showing promising signs despite a global IPO slowdown in the first half of…

FTC Chair Lina Khan refused to sit out agency’s case against Meta despite ethics concerns, report says

WASHINGTON — Federal Trade Commission Chair Lina Khan refused to recuse herself from the agency’s case against Meta Platforms against…

LIV Golf and PGA Tour merger: here’s everything you need to know

CNN  —  It came out of nowhere. Tuesday’s announcement that golf’s bitter rivals would join forces took everyone by surprise…