IT, Innovation and Startups
In IT, Innovation and Startups
Shutterstock acquires GIPHY for a tenth of the price Facebook paid for it
The forced sale of GIPHY has cost Facebook parent company Meta a lot of money. Stock photo service Shutterstock is buying the GIF platform for $53 million. Three…
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In IT, Innovation and Startups
Activision Blizzard planed to acquire Time-Warner in 2016
In 2016, AT&T announced their intention to buy Time-Warner for $85.4 billion, but this was challenged by the US Department of Justice in 2017 when they did their…
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In IT, Innovation and Startups
The CMA failed to include three important agreements, Microsoft says
Microsoft’s takeover of Activision Blizzard has already been approved in many countries. But it was actually blocked in the UK. Microsoft is fighting that, saying “fundamental errors” were…
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In IT, Innovation and Startups
EU Court of Justice leaves no room for Facebook tricks with documents
Facebook must provide access to all documents requested by the European Commission. This was ruled by the Court of Justice of the European Union following complaints by Facebook…
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In IT, Innovation and Startups
Rishi Sunak ordered a renaissance of the high tech: will it be delivered?
The United Kingdom is set to invest approximately €1.15 billion in its own chip sector, according to the new UK Ministry of Science, Innovation, and Technology. The investment…
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In IT, Innovation and Startups
Yandex got several bids from Vladimir Potanin and Vagit Alekperov
Technology company Yandex has received bids from Russian billionaires for a stake of approximately half in the company’s local operations, valuing it at over $7 billion, Bloomberg News…
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In IT, Innovation and Startups
Shortage of the right-side Teslas reported
In short: for practical reasons, left-hand drive is what most brands largely want to bet on. Tesla even goes a step further and stops with the right-hand drive…
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