McDonald’s Buys All 225 Israeli Outlets From Franchisee Involved in Controversial Boycotts
McDonald's is purchasing Israeli outlets from a longstanding franchisee to boost sales after boycotts.
Mergers & Acquisitions
Reddit Collaborates With OpenAI to Bring Contents to ChatGPT, AI Tools
OpenAI's partnership with Reddit allows access to real-time content, enhancing ChatGPT and future products with platform discussions.
Paramount, Amazon Initiate Talks on Expanding Media Partnership
Paramount has been reported to be talking with Amazon to expand its media partnership, including the bundled sales of channels and advertising measures...
Anglo American Announces Plans to Leave Diamond, Platinum, Coal Mining to Avoid BHP Acquisition Plans
Anglo American decided on abandoning its diamond, platinum, and coal operations in order to realign its operations on nickel and avoid acquisitions offered by BHP Group...
Uber to Acquire Foodpanda’s Taiwan Operations for Whopping $950 Million Cash
Uber has agreed to pay $950 million in cash to acquire Taiwanese unit of Foodpanda owned by Delivery Hero...
Enerplus Misses Q1 2024 Profit Targets While Processing Acquisition by Chord
Canadian oil and energy company Enerplus reported an 18.6% revenue los...
Private Equity Firms Eye Peloton Amid CEO Departure, Cost-Cutting Talks
Private equity firms are considering buying Peloton amid the CEO's dep...
Latest News
Donald Trump Joins World's 500 Richest People for First Time as Net Worth Skyrockets to $6.5 Billion
However, Trump's wealth is locked up in shares for six months, preventing him from settling his New York civil fraud court judgment.
Vodafone and Three Merger: UK Gives Telcos 5 Working Days to Address Competition Concerns to Avoid in-Depth Probe
The UK's Competition and Markets Authority (CMA) will thoroughly investigate the merger between Vodafone and CK Hutchison's Three unless the two mobile carriers address the regulator's concerns.
BPO Firm in Philippines Acquired by US Company MCI—Should Filipino Employees Worry?
MCI has announced that the acquisition will result in a seamless expansion of services by combining its leadership with the resources of EastWest BPO.
Cisco Completes $28 Billion Acquisition of Splunk Without Being Blocked by Antitrust Regulators
Networking giant Cisco has announced the $28 billion acquisition of digital infrastructure firm Splunk.
HashiCorp Shares Surge 12% After Report of Possible Sale
HashiCorp's shares surged on Friday after it was reported that the software developer was considering a sale.
Japan’s Nippon Steel Is Determined to Acquire US Steel Despite Joe Biden's Opposition
After President Joe Biden voiced opposition to the $14.1 billion plan of Japan's Nippon Steel to acquire US Steel, the Japanese firm said it is committed to pursuing the buyout deal.
Aldi to Add 800 Discount Grocery Stores Across US in the Next 5 Years
Aldi has announced a five-year expansion plan that will see the opening of 800 more of its discount supermarket stores across the US.
London Southend Airport Acquired by US Firm Carlyle in Settlement Deal
US private equity giant Carlyle will buy Southend Airport after a debt settlement.
Accenture to Acquire EdTech Startup Udacity to Build Its Own Learning Platform Focused on AI
Accenture has announced its plan to acquire the EdTech startup Udacity.
