Netflix Inc plans to acquire Sydney-based Animal Logic, an animation studio that has worked on hits from “Happy Feet” to “The Lego Movies,” the companies said in a statement on Tuesday. The move...
Twitter claims Musk is ‘slow-walking’ trial over $44 bln deal
Twitter Inc accused Elon Musk of trying to “slow walk” the company’s lawsuit to hold him to his $44 billion takeover and urged a September trial to ensure deal financing remains in place, according to...
Twitter sues Elon Musk for violating $44 billion deal
Twitter Inc sued Elon Musk for violating his $44 billion deal to buy the social media platform and asked a Delaware court to order him to complete the merger at the agreed $54.20 per Twitter share. The complaint stated...
Twitter vows legal fight after Musk pulls out of $44 billion deal
Elon Musk, the chief executive officer of Tesla and the world’s richest person, said on Friday he was terminating his $44 billion deal to buy Twitter because the social media company had breached multiple...
UK appeals court upholds ruling to block Meta’s Giphy acquisition
An appeals tribunal in the UK has upheld a previous ruling directing Meta (formerly Facebook) to unwind its $315 million acquisition of online database and search engine Giphy. In November last year, the UK Competition...
Trailer Park Group acquires Mumbai-based creative agency White Turtle Studios
Hollywood-headquartered Trailer Park Group, a global leader in entertainment marketing and content production, has acquired Mumbai-based boutique, White Turtle Studios, to log into the Indian market. The deal will allow...
Polish court rejects appeal against PKN Orlen’s Polska Press takeover
A Polish court rejected an appeal from the country’s Human Rights Ombudsman against oil company PKN Orlen’s takeover of newspaper publisher Polska Press, the court said, confirming an earlier report by state...
Elon Musk warns of dropping Twitter deal if data not provided
Elon Musk warned he may walk away from his $44 billion deal to acquire Twitter Inc if the social media network fails to provide data on spam and fake accounts, the billionaire said in a letter to the company on Monday...
Dish TV writes off Rs203 crore investment in Watcho
Dish TV India Ltd decided to write off about 15% of its investments in its OTT streaming app Watcho, a move which some shareholders said underscores the argument made by the largest shareholder Yes Bank Ltd, which was...
Twitter board plans to enforce Elon Musk’s $44 billion acquisition agreement
Twitter’s board plans to enforce Elon Musk’s $44 billion transactions, stating that it is in the best interests of all shareholders, according to a Bloomberg report. “We intend to close the transaction...
Adani group to buy 49% stake in Quintillion Media for undisclosed amount
AMG Media Networks, a unit of billionaire Gautam Adani’s conglomerate Adani Enterprises, will pick a 49 per cent stake in Raghav Bahl-curated digital business news platform Quintillion Business Media Pvt Ltd for...
Elon Musk ‘still Committed’ To Twitter Takeover Bid After Putting It On Hold. Key Points
Elon Musk on Friday had said that his plan to buy micro-blogging site Twitter for $44 billion is “temporarily on hold” as he tries to pinpoint the exact number of spam and fake accounts on the social media...
