PSA shareholders approve merger with Fiat Chrysler
At a special shareholder meeting, the plan to form Stellantis was backed by more than 99 percent of the votes cast by the company's top investors, including the Peugeot family and Dongfeng Motor......»»
Francois Castaing, engineering ace behind Chrysler"s 1990s hits, dies at 78
Francois Castaing developed the concept of platform teams at Chrysler, breaking down silos between departments, such as engineering, purchasing and design......»»
Researchers look at who"s to blame for financial fraud
When companies deceive shareholders about earnings or commit other kinds of accounting fraud, the legal fireworks can be spectacular. Even if the companies don't collapse, as in the notorious Enron case, some executives are sent to jail, fired, or ot.....»»
Dark energy camera captures galaxies in lopsided tug of war, a prelude to merger
Galaxies grow and evolve over billions of years by absorbing nearby companions and merging with other galaxies. The early stages of this galactic growth process are showcased in a new image taken with the US Department of Energy's (DOE) Dark Energy C.....»»
Vodafone reveals strong results, appoints new CFO ahead of Three merger
New Vodafone CFO Luka Mucic is taking the rains on September 1......»»
Stellantis unit loses case as Mahindra"s Jeep copy allowed to sell in U.S.
Fiat complained the Mahindra Roxor is a “nearly identical copy” of the Jeep, with shared design elements such as “boxy body shape with flat-appearing vertical sides and rear body ending at about the same height as the hood.”.....»»
Stellantis unit official pleads guilty to felony in U.S. diesel emissions probe
The Justice Department said the guilty plea by Emanuele Palma accompanies the earlier conviction of Fiat Chrysler, now part of Stellantis, for defrauding the EPA and customers......»»
U.K. dealer group Lookers says acquisition by Global Auto unlikely to get approval
Global Auto Holdings, which is affiliated with Canada's Alpha Auto Group, aimed to buy Lookers for about $601 million, but shareholders are opposing the deal......»»
FTC rewrites rules on Big Tech mergers with aim to ease monopoly-busting
Merger rules currently stacked in favor of monopolists, critics say. Enlarge / Lina Khan, chair of the Federal Trade Commission. (credit: Bloomberg / Contributor | Bloomberg) Antitrust enforcers released a draft update o.....»»
Microsoft’s Activision Blizzard acquisition is going to take even longer
Microsoft and Activision Blizzard have agreed to move the deadline for its impending merger, narrowly avoiding yesterday's cutoff......»»
Microsoft & Activision merger deadline extended to October 18
After intense regulatory scrutiny that appears to be slowly lurching to an end, Activision and Microsoft have agreed to extend the deadline to finish the multi-billion dollar merger.In January, Activision and Microsoft announced the deal, where Micro.....»»
Microsoft and Activision extend their deal deadline
Microsoft and Activision have mutually agreed to extend their merger deadline by three months in the face of ongoing negotiations with the UK government that could allow the $69 billion acquisition to close, the two companies announced on Wednesday......»»
Quick grants from tech billionaires aim to speed up science research. But not all scientists approve
In March 2020, an experiment in science philanthropy was hatched in the span of a five-minute call......»»
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.....»»