FTC drops bid to block Meta’s acquisition of Within
The Federal Trade Commission has given up on trying to stop Meta from purchasing VR company Within. According to Bloomberg and The Wall Street Journal, the agency has voted to … Read More
Category: Mergers, Acquisitions & Takeovers
Microsoft and FTC pre-trial hearing set for January 3rd
A federal judge has set a date for the first pre-trial hearing between Microsoft and the Federal Trade Commission (FTC). The two go to court on January 3rd to spar … Read More
Adobe vows to continue offering Figma’s free plan if its buyout is approved
In an interview with Bloomberg, Adobe Chief Product Officer Scott Belsky has reassured worried Figma users that the online collaborative design platform’s acquisition will not change its pricing model and … Read More
Twitter lays off nearly 100 employees from its recruiting team
Twitter has laid off dozens of employees amid growing uncertainty around Elon Musk’s acquisition. The company cut 30 percent of its talent acquisition team, which includes recruiters and others charged … Read More
Microsoft opened Activision acquisition talks three days after CEO harassment report
When Microsoft announced it would spend $68.7 billion to buy Activision Blizzard to bolster its Xbox gaming division, the news came as a surprise to many. For months, the troubled … Read More
Slack is now officially part of Salesforce
Salesforce has completed its $27.7 billion acquisition — its biggest one to date — of business messaging app Slack. When the companies first announced the purchase back in December 2020, … Read More