May 20, 2026

acquisition

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How China rejecting Meta’s Manus acquisition may have changed the ‘Singapore route’ for Chinese companies forever

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China’s blocking of Meta’s $2 billion Manus AI acquisition signals a shift, making Singapore a less effective shield for Chinese tech firms seeking Western exits. Regulators intervened despite Manus’s Singapore registration, barring founders from leaving the country. This move suggests Beijing’s scrutiny now extends beyond incorporation, impacting future international ventures. China’s decision to block Meta’s…

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Sun Pharma Acquisition: Sun Pharma to acquire US-based Organon in $11.75 billion deal, among biggest overseas buys by Indian firms

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Sun Pharmaceutical Industries on Monday announced it will acquire US-based Organon & Co. in an all-cash deal valued at $11.75 billion, marking one of the largest overseas acquisitions by an Indian company.Under the definitive agreement, Sun Pharma will buy all outstanding shares of Organon at $14 per share.The deal, approved by the boards of both…

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Sam Altman’s acquisition that has left many wondering what OpenAI wants to do

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OpenAI recently made another unexpected acquisition, leaving many industry watchers questioning what the company’s broader strategy is, especially as it prepares for a possible IPO. The AI firm recently acquired the Technology Business Programming Network (TBPN), a media company known for its three-hour daily tech show. According to a CNBC report, the deal surprised many…

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How an upset Chinese government with Meta’s Manus acquisition proves that “Singapore washing” may no longer work for Chinese and American companies

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Meta acquired Manus AI startup for $2 billion last year, but the deal has now come under scrutiny from Chinese authorities, highlighting rising tensions over cross-border tech deals. The Chinese government is currently reviewing whether the transaction violated rules related to technology exports and overseas investments. The development has drawn attention across the tech industry,…

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$44 billion acquisition: US jury finds Elon Musk ‘misled’ Twitter shareholders in 2022

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A federal jury in San Francisco has found Elon Musk liable for defrauding Twitter (now X) investors in 2022 by disparaging the company in an effort to secure a lower purchase price for the platform, Bloomberg News reported on Friday.Jurors concluded that Musk intentionally misled shareholders by claiming the social media company—later renamed X—had an…

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Mark Zuckerberg: Days after acquisition by Mark Zuckerberg’s Meta, AI Agents platform Moltbook changes it terms of service; Moltbook wants users to know in Bold, All Caps that … |

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Facebook parent Meta recently acquired Moltbook, the social networking site for AI agents. Now days after acquiring the Reddit-style social network for AI agents the company has rolled out sweeping changes to its terms of service. Earlier, Moltbook operated under five simple rules. But now the platform has introduced a lengthy legal document that shifts…

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Upgrad Acquisition Of Unacademy: Upgrad signs term sheet to acquire Unacademy in all-stock deal

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BENGALURU: Edtech firm Upgrad has signed a term sheet to acquire rival Unacademy in an all-stock transaction, founders of the two companies said in separate posts on X on Saturday, marking a significant consolidation move in India’s education technology sector.“We at Upgrad have signed a term sheet to acquire Unacademy in an all-stock deal,” Upgrad…

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Google completes acquisition of Israeli cybersecurity company Wiz, whose CEO walked away from the deal two years ago, saying: He felt …

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Google has now finalised its acquisition of Israeli cybersecurity company Wiz, closing a deal worth $32 billion. This marks as one of the largest acquisitions in the cybersecurity sector and a significant expansion of Google Cloud’s security portfolio. This acquisition is an investment by Google Cloud to improve cloud security and enable organizations to build…

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Ted Sarandos: CEO of Netflix who recently lost Warner Bros acquisition fight to Paramount says: They are buying a much larger company, debt that will force CEO David Ellison to layoff thousands and cut … |

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Netflix co-CEO Ted Sarandos has now broken his silence after dropping out of the bidding war for Warner Bros. Discovery, conceding defeat to Paramount Skydance. However, Sarandos warned that the rival’s debt-heavy acquisition will come at a steep cost for Hollywood. Speaking to Bloomberg in an interview, Sarandos revealed that Netflix had planned for multiple…

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DAC allows acquisition of Rafale’s SCALP, Russian S400 missiles used in Operation Sindoor

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NEW DELHI: The Defence Acquisition Council (DAC) has given approval to the purchase of long-range SCALP missiles for Rafale jets and additional missiles for Russia-made S400 aerial shield system, a govt source told TOI.A day after the DAC’s approval for purchase of 114 Rafale jets, defence secretary Rajesh Kumar Singh said on Friday that this…

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