NRLPA: OMA

Musk begins his Twitter ownership with firings, declares the ‘bird is freed’

Musk says ‘the bird is free’ after $44 billion deal Musk fires Twitter CEO, CFO and chief policy officer Some Twitter users are signaling their willingness to walk away Survey shows employee concerns at work EU warns: ‘This bird will fly by our rules’ Oct 28 (Reuters) – Elon Musk has taken ownership of Twitter …

Musk begins his Twitter ownership with firings, declares the ‘bird is freed’ Read More »

U.S. grocer Kroger carts away Albertsons for $25 bln but faces antitrust test

Oct 14 (Reuters) – Kroger Co (KR.N) acquired Albertsons Cos Inc. (ACI.N) in a $25 billion deal on Friday, creating an American grocery giant to better compete with leader Walmart Inc (WMT.N) on pricing while bracing for antitrust scrutiny. The mega merger between the No. 1 and No. 2 autonomous grocers in the United States …

U.S. grocer Kroger carts away Albertsons for $25 bln but faces antitrust test Read More »

Elon Musk is under federal investigation, Twitter says in court filing

WILMINGTON, Delaware, Oct 13 (Reuters) – Elon Musk is being investigated by federal authorities over his conduct in connection with his $44 billion takeover for Twitter Inc. (TWTR.N)the social media company said in a court filing released Thursday. While the filing said it was under investigation, it did not say what the exact purpose of …

Elon Musk is under federal investigation, Twitter says in court filing Read More »

Musk, Twitter may reach deal to end court battle as early as Wednesday, person familiar says

WILMINGTON, Delaware, October 5 (Reuters) – Elon Musk and Twitter Inc (TWTR.N) could reach a deal to end their litigation as early as Wednesday and pave the way for the world’s richest person to complete his $44 billion deal for the social media platform, a source close to him told Reuters of the dispute. Musk, …

Musk, Twitter may reach deal to end court battle as early as Wednesday, person familiar says Read More »

Adobe builds collaborative design muscle with $20 bln deal for Figma

The Adobe logo is seen on the smartphone in this illustration taken June 13, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register Sep 15 (Reuters) – Adobe Inc will buy start-up Figma for around $20 billion in its biggest deal, the Photoshop maker said on Thursday, developing apps that support online …

Adobe builds collaborative design muscle with $20 bln deal for Figma Read More »

EXCLUSIVE Deal partner for Trump’s Truth Social fails to get backing for SPAC extension -sources

The Truth social network logo is seen on a smartphone in front of a screen of former US President Donald Trump in this illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Join now for FREE unlimited access to Reuters.com Register Sep 5 (Reuters) – The blank check acquisition firm that agreed to merge with Donald …

EXCLUSIVE Deal partner for Trump’s Truth Social fails to get backing for SPAC extension -sources Read More »

Musk sends fresh letter to scrap Twitter deal after whistleblower claims

Join now for FREE unlimited access to Reuters.com Register Aug 30 (Reuters) – Elon Musk has sent an additional letter terminating the deal to Twitter Inc. (TWTR.N) to include a recent whistleblower complaint from the social media company’s former chief security officer as another reason to cancel the $44 billion deal. Peiter Zatko, a notorious …

Musk sends fresh letter to scrap Twitter deal after whistleblower claims Read More »

Twitter whistleblower could help Musk by adding ‘volatility’ to legal battle

WILMINGTON, Delaware, Aug 23 (Reuters) – A whistleblower’s complaint that Twitter Inc. (TWTR.N) misleading federal regulators about the company’s security risks could provide Elon Musk with new ammunition in his bid not to buy the company for $44 billion. So far, Musk’s legal confrontation with Twitter has mostly centered on claims the company misled the …

Twitter whistleblower could help Musk by adding ‘volatility’ to legal battle Read More »

Musk seeks documents from Jack Dorsey in fight over Twitter deal

WILMINGTON, Delaware, Aug 22 (Reuters) – Billionaire entrepreneur Elon Musk is seeking documents from Twitter Inc.(TWTR.N) Co-founder Jack Dorsey as CEO of Tesla and SpaceX is continuing his legal fight to back out of his $44 billion deal for the social media company, according to a court filing. Dorsey, who resigned as Twitter’s chief executive …

Musk seeks documents from Jack Dorsey in fight over Twitter deal Read More »

Exclusive: Tencent plans to divest Meituan stake worth $24 billion

Tencent seeks to initiate sale of Meituan stake this year – sources Sale seeks to appease regulators and monetize 8-year-old betting sources Sale of stake likely to be made as a block transaction – sources This decision comes after the sale by Tencent of JD.com and the participations of SEA Meituan shares sink 10%; Tencent …

Exclusive: Tencent plans to divest Meituan stake worth $24 billion Read More »