The UK CMA says Microsoft's acquihire of Inflection's team doesn't cause competition concerns, and won't pursue an investigation, but calls the deal a merger
Good news for Microsoft: The U.K.'s antitrust regulator says that the tech titan's high-profile acquihire of the team behind AI startup Inflection …
Disney plans to raise US prices of Disney+ Premium, Hulu without ads, and ESPN+, and to expand Disney+ ad-supported plans to Canada and nine European countries
Ad-supported Disney+ tier to expand to Canada, U.K. and eight other European countries this fall
The UK's CMA plans to investigation Broadcom's proposed $61B VMware acquisition, following similar investigations by the European Commission and FTC
The U.K.'s Competition and Markets Authority (CMA) has initiated a so-called “phase 1” investigation into Broadcom's proposed $61 billion deal …
Swvl, a booking platform for private buses that went public via a SPAC merger in March, acquires on-demand coach service Zeelo, sources say for ~$100M
Mass transit group Swvl has confirmed to TechCrunch its deal to buy U.K. startup Zeelo, estimated to be a $100 million acquisition, according to sources.
Sources: IBM is planning to cut 10,000 jobs in Europe, or 20% of staff in the region, to lower costs in its services unit as it prepares for a spinoff
- U.K. and Germany are set to be most impacted regions — Big Blue focuses on hybrid cloud computing, AI businesses
Nvidia to buy Arm from SoftBank in a $40B deal, saying it will keep Arm's HQ in UK, expand R&D facilities there, and keep Arm's open licensing business model
- Acquirer pledges to keep Arm independent to retain customers — Nvidia to build AI research facility at Arm's U.K. location
Uber buys UK-based taxi-software company Autocab, in a deal that will extend the company's reach in the UK from ~40 locations to ~170
- U.K. market will eventually grow to up to 170 areas from 40 — Autocab drivers to get ‘more earnings opportunities’ via Uber
Sources: Nvidia expressed interest about a potential deal for ARM as SoftBank explores a sale; Apple declined to pursue a bid after being approached by SoftBank
- SoftBank also approached Apple to gauge its interest in Arm — Japanese group bought U.K. chip designer for $32 billion
Just Eat investors holding 80.4% of shares approve Takeaway's $8B all-stock bid, ending the bidding war with Prosus to take over UK-based food delivery startup
- Investors with about 80.4% of Just Eat stock back Takeaway — Announcement ends months-long battle to take over U.K. firm Tweets: @bloombergasia Tweets: Bloomberg Asia / @bloombergasia : http://ta...
Profile of Walmart International CEO Judith McKenna, who is charged with overseeing the retail giant's $16B investment in Flipkart
Beth Kowitt / Fortune : Tweets: @sarahhalzack and @michelletoh235 Tweets: Sarah Halzack / @sarahhalzack : Glad @bethkowitt pulled back the curtain a bit on what Judith McKenna is doing on Walmart's I...