Peugeot shareholders say yes to merger with Fiat Chrysler
The new company is called Stellantis and is the world's 4th-largest automaker. Enlarge (credit: Rafael Henrique/SOPA Images/LightRocket via Getty Images) For the past few years, Fiat Chrysler Automobiles has been looking to get married. After.....»»
Call of Duty to remain on PlayStation following Activision Blizzard Microsoft merger
Microsoft has signed an agreement with Sony to ensure "Call of Duty" remains available on PlayStation after Microsoft closes its $69 billion Activision Blizzard merger, the tech giant said Sunday......»»
Call of Duty to remain on Playstation following Activision Blizzard Microsoft merger
Microsoft has signed an agreement with Sony to ensure "Call of Duty" remains available on PlayStation after Microsoft closes its $69 billion Activision Blizzard merger, the tech giant said Sunday......»»
Tesla builds first Cybertruck after two years of delays
CEO Elon Musk has tempered expectations for how quickly Tesla will ramp up production, telling shareholders in May that the Cybertruck’s radical design poses challenges......»»
Federal appeals court rules Microsoft can close its Activision merger
A federal appeals court said it will not block Microsoft from closing its $69 billion acquisition of Activision Blizzard, handing the Federal Trade Commission its second major defeat this week in a case involving the future of the video game industry.....»»
Microsoft"s deal to buy Call of Duty maker boosted by US judge
The Federal Trade Commission in the US had sought to block the proposed merger on competition grounds......»»
Microsoft can close its Activision merger, federal judge rules
A federal judge will not block Microsoft from closing its $69 billion deal to acquire video game giant Activision Blizzard, a defeat for US regulators who had asked for a temporary injunction while legal challenges to the merger unfold......»»
Rivian must face lawsuit claiming it defrauded IPO investors over vehicle prices
U.S. District Judge Josephine Staton in Los Angeles said shareholders could try to prove that Rivian knew it would have to raise prices because of higher materials costs, to avoid even bigger losses......»»
After merger with Google Maps division, Waze gets hit with layoffs
Waze, no longer independent at Google, continues its merger with the Geo division. Enlarge (credit: Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) Late last year, Waze faced serious questions about its future at.....»»
Canada"s Alpha Auto group to pay about $588M for UK"s Lookers
Canada's Alpha Auto will pay Lookers shareholders 120 pence in cash for each share of the nearly century-old dealership group. The agreement values Lookers at 465.4 million pounds (about $588 million)......»»
Judge rejects Apple"s bid to throw out China sales comment class-action lawsuit
Apple has not succeeded in overturning a lawsuit that alleges CEO Tim Cook defrauded shareholders by withholding knowledge of falling demand in China.The lawsuit references Apple's November 2018 analyst call, in which Cook said that Apple was seeing.....»»
Nissan board backed by shareholders amid leadership turmoil
Nissan's annual meeting took place amid new ructions for the automaker's management after chief operating officer Ashwani Gupta left the automaker......»»
Carlos Ghosn sues Nissan for $1 billion, over finances and reputation
The lawsuit includes Ghosn's plan to bring Nissan, Renault and Mitsubishi Motors under a grand alliance with Fiat Chrysler, which he says fueled concerns within Nissan......»»
Toyota shareholders vote down climate resolution, back board
Toyota has become a target in recent years for activists and green investors who said it has been slow to roll out EVs......»»
Canada"s LeddarTech going public after merger with acquisition company, report says
LeddarTech, a Canadian automotive software company, is going public through a merger with a blank-check company led by Qualcomm's former president, according to people familiar with the matter......»»
FTC to seek federal court order temporarily blocking Microsoft-Activision deal
The Federal Trade Commission plans to file in federal court to prevent Microsoft and Activision-Blizzard from closing their $69 billion merger, according to a person familiar with the matter......»»
Samsung, Foxconn, and Luxshare factories in northern Vietnam hit by power shortage
Power shortages are a nightmare to many industrial companies. When TSMC chairman Mark Liu recently was asked about how TSMC would solve the problem if Taiwan can't generate enough electricity at a shareholders' meeting, he euphorically said that they.....»»
Nikola extends voting on authorizing new shares to raise capital
Nikola Corp. shareholders are voting in favor to approve a proposal critical to the hydrogen fuel cell truck developer's survival, but the company still needs more votes to put its plan into action. Although 77 percent of those shareholders voting.....»»
Disks, spikes and clouds: A peek into a black hole"s back yard
The first direct detection of gravitational waves in 2015 has opened a new window on the universe, enabling in particular the observation of the merger of pairs of massive black holes. This young field of research has matured very quickly, and by now.....»»
TSMC: advanced packaging demand surpasses current capacity, expansion is speeding up
TSMC held its shareholders' meeting today, where chairman Mark Liu stated that the company has faced various global challenges in recent years, including the US-China trade war, climate change, the pandemic, and the Russia-Ukraine war. However, Liu n.....»»
Fiat future in U.S. tied to new leader, return of 500e
The Italian brand, which only sells one model in the U.S., has appointed former FCA marketer Aamir Ahmed to head its North American operations......»»