Huawei also has similar agreements with Vivo, Xiaomi, and Oppo, allowing innovation and enabling the development of new products and services without the fear of patent infringement litigation.
Deals
The Body Shop Ceases US Operations, Plans to Close Dozens of Stores in UK and Canada Amid Deepening Financial Woes
The Body Shop has ceased operations in the US and is closing dozens of stores in Canada and the UK amid deepening financial troubles.
Former Activision CEO Bobby Kotick Eyes TikTok Acquisition Amid ByteDance Inquiry
Bobby Kotick, former Activision CEO, seeks to acquire TikTok amid US government inquiry and concerns over data exchange between ByteDance and China.
Reddit IPO: Social Media Platform Seeking $748 Million in Highly Anticipated Stock Launch
Reddit wants $748 million to reach $6.5 billion in its most anticipated IPO in the US. Reddit seeks to generate $748 million, putting its worth at $6.
India And European Free Trade Association Seals $100 Billion Trade Alliance For Mutual Prosperity
The $100 billion free trade agreement will boost exports, investments, and job creation while removing most import tariffs on industrial products from the bloc.
Latest News
US private equity giant Carlyle will buy Southend Airport after a debt settlement. Carlyle, a United States private equity firm, will become the latest foreign corporation to acquire a company in the United Kingdom with the acquisition of Southend Airport after a debt settlement deal.
Accenture has announced its plan to acquire the EdTech startup Udacity. Accenture has announced its plan to acquire the EdTech startup Udacity to bolster its educational offerings in response to the growing demand for AI-focused learning resources.
Grayscale introduces the Grayscale Dynamic Income Fund, which will integrate assets from nine blockchains and award US dollars every three months.
France, Poland, and Estonia are calling on the European Union to secure funding for defense programs in response to vulnerabilities exposed in the EU's defense capabilities during the Russia-Ukraine war.
JetBlue and Spirit Airlines end the $3.8 billion merger due to regulatory concerns, facing challenges.
At $6.6 billion, Arkhouse Management and Brigade Capital Management are bidding more to buy Macy's.
The IOTA foundation is investing $10 million in early-stage startups focusing on digital trade and tokenization of real-world assets, fostering innovation within the IOTA ecosystem.
Denver-based TRVE Brewing has announced the closure of its Acid Temple facility amid industry challenges post-COVID-19 pandemic.
Universal Music Group (UMG) announced Wednesday that it would reduce its workforce and streamline operations to save €250 million ($27 million) by 2026.
