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......»»
2021 Asia tech M&A deals and values hit new high
Technology merger and acquisition activities accelerated in 2021 and deals in Asia broke the US$100 billion mark for the first time in history, totaling US$137.3 billion, up 86.3% from a year ago, with 4,083 deals done or pending approvals......»»
Edge AI solution provider Gorilla Technology to trade on Nasdaq via SPAC
Gorilla Technology Group, a leading edge analytics AI solution provider headquartered in Taiwan, will become a publicly-traded company on Nasdaq through the merger with Global SPAC Partners, a special purpose acquisition company (SPAC)......»»
Stellantis going full throttle on electric vehicles, plug-in hybrids at CES 2022
Stellantis' CES 2022 booth will be chock-full of EVs and plug-in hybrids from Jeep, Fiat, and Citroën......»»
Meta investors are sick of the scandals and want more oversight
Shareholders want greater oversight of “risks to public safety.” Enlarge / A worker picks up trash in front of the new logo in front of Meta's headquarters on October 28, 2021, in Menlo Park, Calif. (credit: Justin Sullivan/Getty I.....»»
Meta Shareholders Call for Oversight Audit
A group of Meta shareholders, along with the Campaign for Accountability, has submitted a resolution calling for an independent evaluation of the board's ability to oversee public safety on Facebook's platforms, Axios has learned. From the report: Fa.....»»
Excellence starts production in US
LED automotive lighting module maker Excellence Optoelectronics (EOI) in early December inaugurated EOI Pioneer, its US-based subsidiary, to kick off production in the country for General Motors (GM), Ford Motor, Chrysler and Tesla's tier-1 supply ch.....»»
Retail CEOs Press Congress To Toughen Rules for Online Sellers
The chief executive officers of companies including Target and Best Buy called on Congress to approve legislation aimed at forcing online marketplaces to beef up measures designed to fight the sale of stolen or counterfeit goods. From a report: Passa.....»»
Vodafone and Orange "discussed" possible merger
Reports suggest Vodafone and Orange held talks, but French government opposition ended prospect......»»
FTC sues Nvidia to preserve Arm’s status as “Switzerland” of semiconductors
Regulator's lawsuit threatens to scuttle the largest chip merger in history. Enlarge (credit: Arm) The Federal Trade Commission has sued to block Nvidia’s acquisition of Arm, the semiconductor design firm, saying that the bl.....»»
SEBI and MCA: Suggestions towards easing provisions related to buyback of own securities
Globally, companies have been resorting to buyback of their own equity shares to return surplus cash to shareholders. It is increasingly being preferred by companies over dividends as a tool to manage capital structure, thereby resulting in increase.....»»
Report calls for animal welfare to be at heart of genome editing plans
A Newcastle University academic has contributed to a new report which says animal welfare must be at the heart of plans to approve new breeding technologies in farming and food production......»»
Microsoft shareholders back protest vote over sexual harassment claims
Company called on to reveal more about handling of claims in wake of pervasive cases. Enlarge / The shareholder revolt comes in the shadow of recent cases and the revelation that co-founder Bill Gates had a relationship with a company.....»»
UK orders Facebook to sell Giphy, rejects Meta’s proposed merger conditions
UK agency says "behavioral remedies" won't fix problem, so a breakup is needed. Enlarge (credit: Getty Images | Anadolu Agency ) The UK's Competition and Markets Authority (CMA) today ordered Facebook owner Meta to sell Giphy,.....»»
Smart Contracts Start Transferring ICP After Upgrade, Allowing Advanced DeFi To Be Developed On The Internet Computer
Long-awaited upgrade has allowed smart contract code to transfer ICP tokens, after it was adopted by the Internet Computer community’s DAO, the Network Nervous System (NNS). Community voted 309,936,205 (approve) to 20,561 (reject) on Proposal 31471.....»»
EU Lawmakers Pass Strict New Rules Affecting Big US Tech
The lead committee in the European Parliament writing new tech rules passed measures Tuesday that could impact major U.S. and European tech companies. Lawmakers voted to approve measures in the draft Digital Markets Act that could mean: 1. A company'.....»»
Instagram plans to give live video users the ability to add moderators
A new report claims that Instagram users will be able to assign a moderator to a video, giving them the ability to approve live comments.Instagram on iPhoneContinuing its move away from images and toward a TikTok-style video platform, Instagram is re.....»»
Using machine learning to derive black hole motion from gravitational waves
The announcement that the Laser Interferometer Gravitational-wave Observatory (LIGO) had detected gravitational waves during the merger of two black holes sent ripples throughout the scientific community in 2016. The earthshaking news not only confir.....»»
Increase in shareholder activism around environmental, social and governance issues
In 2020, for the first time in Australia, more than half the shareholders of a public company voted in support of a climate change resolution put forward by shareholders in the face of opposition from the company's board of directors......»»
Waymo Will Start Operating In NYC
Waymo will start driving its autonomous Chrysler Pacifica vans in New York City on November 4th. Engadget reports: This and a later wave of Jaguar I-Pace EVs will rely on human drivers to map streets and learn from the environment, and there aren't a.....»»
Facebook says it"s facing "government investigations" related to whistleblower documents
Facebook acknowledged to shareholders this week that it is facing "government investigations" related to the tens of thousands of pages of internal company documents leaked by whistleblower Frances Haugen......»»