News of New York

Monster Energy's Bold Challenge to Coke and Pepsi: A Game-Changing Move
4 July 2023
4090
The Battle for Energy PepsiCo (PEP) and Coca Cola Company (KO) dominate the beverage industry, aiming to expand and remain competitive. Through smart acquisitions and deals, they've seized opportunities in the booming energy drink market. Acquisiti...
Proxy Battle Brewing: Carl Icahn Takes on Illumina's Board
21 April 2023
3808
Proxy battle erupts Carl Icahn accused Illumina's board of ignoring shareholder questions and being evasive due to their reliance on big shareholders for protection. Illumina is a biotechnology company that provides tools for genetic analysis. The ...
Broadcom and VMware's $61 Billion Merger Under Fire for Anti-Competitive Concerns
13 April 2023
3798
Broadcom's VMware takeover The $61 billion acquisition of VMware by Broadcom is currently under investigation by the European Commission and the Competition and Markets Authority in the UK. The deal has raised concerns ...
L3Harris to acquire rocket engine manufacturer Aerojet Rocketdyne for $4.7 billion
19 December 2022
4027
A deal between two companies L3Harris has announced a $4.7bn agreement to acquire rocket engine specialist Aerojet Rocketdyne. The company notes that the acquisition of the rocket engine manufacturer will allow it to "...
FTC sues Nvidia to block deal with Arm
3 December 2021
3729
Lawsuit against Nvidia The Federal Trade Commission (FTC) is suing the NVDA to block an agreement to merge ARM, the largest-ever corporate semiconductor merger. Analysts believe the authorities will block the ...
The chances of Jerome Powell being reappointed have fallen
5 October 2021
5787
Chances of Jerome Powell staying on for a second term Last week, Fed Chair Powell came under heavy criticism from Senator Elizabeth Warren. Market forecasts showed Powell's chances of reappointment declining. Here's wha...
US begins work on law that would limit the power of Apple and Google app stores
12 August 2021
4140
Google and Apple app stores On Wednesday, the US unveiled the Open Application Marketplaces Act, which aims to increase competition in the app shop market, which is dominated by the Apple Store and Google Play. The Open Application Market...
Shopper losses as a result of covid-related fraud prime $500 million
27 July 2021
6348
The rise of fraud According to the Federal Trade Commission, losses to victims of fraud related to the Covid virus have risen above $500 million, as scammers defraud people using a variety of deception schemes ranging from online shopping, travel, e...
Nvidia and Arm deal could drag on for more than 2 years
10 June 2021
3884
Deal delayed The biggest deal in Nvidia's history and one of the biggest in the tech industry, Nvidia's merger with UK-based Arm, could be delayed indefinitely because of China's antitrust investigation. Since Arm has subsidiaries in other countries...
Bitcoin investors lost more than $80m in six months to fraudsters
8 June 2021
3649
Cryptocurrency markets Fraud is thriving in cryptocurrency markets as bitcoin's rapid growth, lack of regulation and the anonymity of digital assets have created a breeding ground for cybercriminals. According...
Nvidia bid Chinese regulator to buy Arm for $40bn
8 June 2021
3997
Takeover bid Nvidia (NASDAQ:NVDA) has filed an application with Chinese antitrust authorities to review a $40 billion takeover of UK chip developer Arm, currently owned by Japanese tech giant SoftBan...
Four-year antitrust case against Qualcomm closed
30 March 2021
4056
Case closed Qualcomm has been in a legal dispute since 2017 with the US Federal Trade Commission (FTC), which accused the company of abusing its dominant position in smartphone chips. Qualcomm's (QCOM) licensing practices have been t...
U.S. authorities demand the sale of Instagram and WhatsApp
10 December 2020
2985
Sales lawsuit The antitrust authorities of the USA and Europe have already checked the acquisition transactions of the social network Instagram and WhatsApp and found no violations. The new process is a review of history, Facebook noted. ...
Companies rating
Instagram
34 Mention
Netflix
21 Mention
Us Weekly
16 Mention

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