The biotech IPO market is showing signs of recovery, but top dealmakers at JPMorgan suggest strong companies may still opt for acquisition by Big Pharma. Investors are more selective, leading many biotechs to pursue dual-track strategies. This trend reflects a broader healthcare dealmaking rebound driven by Big Pharma's need to replenish pipelines.
Bitcoin miner IREN has acquired Spanish data center developer Nostrum Group, adding 490 MW of power and a development pipeline in Spain. This move expands IREN's global power portfolio to 5 GW and supports its strategic pivot towards AI cloud services, seeking more predictable revenue streams.
Kraken has launched perpetual futures trading for eligible US users through its acquisition, Bitnomial. The offering includes contracts for major cryptocurrencies like Bitcoin and Ether, expanding Kraken's domestic derivatives market presence.
Kraken has launched perpetual futures trading for eligible US users through its acquisition of Bitnomial. The offering includes contracts for major cryptocurrencies like Bitcoin and Ether, expanding Kraken's domestic derivatives market presence.
SpaceX's market cap surpasses Tesla's, fueling merger speculation. GM plans LFP cell production for energy storage, not EVs yet. Waymo acquires Apple's Arizona proving ground for $220M, signaling expansion.
Meta is dismantling its $2B acquisition of Chinese AI startup Manus, halting data sharing and cutting off access to internal systems. This move complies with Beijing's divestiture order on national security grounds, underscoring China's control over sensitive tech. Manus co-founders may seek $1B to reclaim the startup.
Die US-Regierung hat die Übernahme von Warner Bros. durch Paramount Skydance genehmigt. Das Justizministerium sieht keine Wettbewerbsbedenken, erwartet aber Klagen von Bundesstaaten und Zustimmung der FCC wegen ausländischer Investoren. Kritiker befürchten politischen Einfluss durch Larry Ellison, Unterstützer von Donald Trump.
The US Justice Department has approved Skydance's proposed $110 billion acquisition of Warner Bros. Discovery, clearing a major regulatory hurdle. The DOJ concluded the merger is unlikely to harm competition or consumers, potentially increasing competition in the media ecosystem. However, state regulators and industry professionals still voice concerns.
The US Department of Justice has approved Skydance's $111bn acquisition of Warner Bros Discovery, a move that could reshape the media landscape. While the DOJ found the deal unlikely to harm competition, California's Attorney General is still reviewing it, citing concerns about industry consolidation and job losses.
The US Justice Department has approved Skydance's $110 billion acquisition of Warner Bros. Discovery, a significant win for Paramount. The deal, approved unconditionally, is not expected to harm competition or consumers, including in streaming and film distribution. Paramount awaits regulatory approval in Europe.
Die US-Regierung hat die Übernahme von Warner Bros. durch Paramount genehmigt. Kritiker befürchten jedoch den Verlust der redaktionellen Unabhängigkeit von CNN unter der neuen Führung, die mit der Trump-Unterstützerfamilie Ellison verbunden ist. Der Deal hat einen Wert von rund 111 Milliarden Dollar.
The US Department of Justice has approved Skydance's acquisition of Warner Bros. Discovery, a move that will significantly consolidate the media industry and expand the influence of the Ellison family. The DOJ dismissed concerns over labor and comparisons to the Disney-Fox merger, while investigations continue in the UK and by state attorneys general.
The US Justice Department's competition division has approved the upcoming acquisition of Warner Bros. Discovery by Paramount Skydance for $111 billion. The antitrust division concluded the deal would not harm competition or consumers, and could even increase competition in the media and entertainment sector.
Independently produced horror film 'Obsession' is exceeding box office expectations, outperforming the latest Star Wars movie and drawing strong weekday crowds. Its success is attributed to word-of-mouth buzz, social media virality, and a unique blend of horror and dark comedy.
Meta is unwinding its $2 billion acquisition of AI startup Manus following an order from Chinese regulators. The company has halted data sharing and operational ties, a move driven by China's tightening control over technology amid US competition.
Crypto data and media company Blockworks has acquired analytics firm Messari for over $10 million, a steep discount from its previous valuation. The deal reflects broader crypto sector weakness and Messari's recent struggles, including CEO changes and layoffs. This acquisition is part of a wave of consolidation in the crypto intelligence sector.
Taiwanese official Cheng met with US lawmakers, stressing the KMT's commitment to military cooperation but also the need for financially sound defense acquisitions. Cheng's visit includes stops in San Francisco, Boston, and New York, with Washington being the main destination.
Campobasso President Matt Rizzetta stated that a deal with Napoli is currently not feasible. However, he expressed openness to acquiring Reggina, citing a personal connection to the city. Rizzetta also outlined potential future scenarios for Campobasso, including remaining president, stepping down with a secure handover, or selling the club.
Google declined $2 billion in US government quantum computing funding due to restrictive conditions, according to COO Charina Chou. The company prioritizes rapid development and seeks increased government investment in basic research and talent recruitment to compete with China.
Taiwanese legislators and experts convened a hearing on Grab's proposed acquisition of foodpanda, raising concerns about market monopoly, national security risks due to alleged "red technology" ties, and the rights of delivery workers. They urged government bodies to carefully review the deal.
Indian refiners have secured sufficient crude oil and LPG supplies to last through August and mid-July, respectively, by increasing purchases from suppliers like ADNOC and through spot tenders, amid ongoing Middle East energy supply disruptions.
Several South Korean companies, including Pyeongjeon Pharmaceutical, SeAH Steel, and others, have announced significant financial activities such as capital increases and stock acquisitions totaling billions of won. The Korea Association of Listed Companies will also hold a meeting for its members.
Warner Music Group (WMG) has acquired AI attribution startup Sureel AI, which uses patented technology to create "AI DNA" for songs. The acquisition aims to help WMG track the use of its artists' work in AI-generated content and training models.
US President Donald Trump's recent rhetoric on China, including support for Chinese students and farmland acquisitions, contrasts with his administration's restrictive policies, sparking debate on his transactional approach versus a desire for stabilized bilateral ties.
