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Forkast Cuts Majority of Editorial Staff After CryptoSlam Merger
1.12.2023
Source: Pixabay Forkast Labs has laid off a majority of its editorial staff after completing a merger with data provider CryptoSlam. According to sources cited by The Block, the crypto news site underwent a series of layoffs throughout the year, leading to the eventual decision to suspend editorial...
Bitcoin Miners Hut 8 and USBTC Complete Merger, Forming New Hut 8 Corp for Upcoming Halving
1.12.2023
The merger of Hut 8 Mining and USBTC ahead of the 2024 Bitcoin halving event has created the new Hut 8 Corp, the largest publicly traded Bitcoin mining company. Image by 24K-Production, Adobe Stock. On November 30 major players in the Bitcoin mining industry, Hut 8 Mining Corp. and US Bitcoin Corp...
FTX-Linked Anthropic Declines OpenAI’s Merger and Leadership Offer
21.11.2023
Source: OpenAI / Anthropic Amid leadership changes at OpenAI, Anthropic, backed by FTX, has turned down an offer to merge and take on a leading role, according to The Information. The Information reports that after OpenAI’s board fired the former CEO Sam Altman, the company approached its rival...
FTX-Backed Anthropic’s CEO Declined OpenAI's Merger Offer: The Information
21.11.2023
FTX-backed artificial intelligence company Anthropic's CEO and co-founder Dario Amodei declined an offer from OpenAI's board of directors to merge, according to a news report
Sega ‘Honored’ Xbox And Others Want To Acquire It, But It’s Not For Sale
16.11.2023
Despite ongoing rumors and even leaked data from potential suitors, Sega isn’t currently looking for a buyer, according to the company’s COO. In fact, Sega is expanding and looking at possible acquisitions itself. Even so, Sega is “honored” that so many other companies want to acquire the Sonic...
Stablecoin issuer Circle weighing up 2024 public launch: Report
8.11.2023
Circle initially agreed to go public as part of a $4.5 billion merger in July 2021 but that deal fizzled out
Hut 8 boosts self-mined Bitcoin reserves to 9.4K amid USBTC merger
10.10.2023
According to Hut 8 CEO Jaime Leverton, the new merged mining business will have “highly diversified fiat revenue streams.”
Hut 8 receives greenlight from Canadian Supreme Court for USBTC merger
18.9.2023
The Supreme Court of British Columbia has given Hut 8 final clearance to complete proposed merger with USBTC
Microsoft Selling Activision Blizzard Cloud Gaming Rights To Ubisoft In Last-Ditch Effort To Get Merger Approved
22.8.2023
Somehow, over a year later, Microsoft’s attempted $69 billion takeover of Activision Blizzard just took its weirdest turn yet. The tech giant announced today that it will sell off the streaming rights for Call of Duty, Overwatch, and more to rival publisher Ubisoft as part of one last attempt...
Microsoft Selling Activision Blizzard Cloud Gaming Rights To Ubisoft In Last-Ditch Effort To Get Merger Approved
22.8.2023
Somehow, over a year later, Microsoft’s attempted $69 billion takeover of Activision Blizzard just took its weirdest turn yet. The tech giant announced today that it will sell off the streaming rights for Call of Duty, Overwatch, and more to rival publisher Ubisoft as part of one last attempt...
TeraWulf increases self-mined BTC in Q2 while Hut8 looks to USBTC merger
14.8.2023
U.S. miner TeraWulf expanded its Bitcoin mining capacity in 2023, resulting in 70% more BTC mined in in Q2
Indian Analyst: World War III Already Started, BRICS Could Merge With SCO
6.8.2023
The president of a New Delhi-based think tank believes that World War III has already begun. He also anticipates the BRICS economic bloc (Brazil, Russia, India, China, and South Africa) merging with the Shanghai Cooperation Organization (SCO). “A single merged organization will be much more...
PacWest stock flash crash recovers after rescue merger with Banc of Cali
26.7.2023
PacWest shares crashed 27% before recovering on a rescue acquisition by the smaller Banc of California
Crypto ATM Operator Bitcoin Depot Debuts on Nasdaq Following SPAC Merger
3.7.2023
The company plans to look for acquisition opportunities in the "highly fragmented" market, CEO Brandon Mintz said
Gary Vaynerchuk-Backed Candy Digital and Web3 Production Company Palm NFT Studio Announce Merger
29.6.2023
Working together under the Candy Digital name, the two startups will bring their digital experiences within sports, entertainment, arts and culture across major brands including MLB, NASCAR, Netflix and more
New Emails Reveal Microsoft Wanted To Buy Sega, Bungie
27.6.2023
Microsoft is currently in court trying to move forward with its massive deal to acquire Activision Blizzard. But new emails, which surfaced during the ongoing court hearing, reveal that Xbox was discussing plans to buy up other video game studios and publishers, including Sega, Bungie, Niantic,...
BCB Group's Deputy CEO Departs After Failed German Bank Merger
23.6.2023
The crypto banking firm said last week that it had ended its planned acquisition of Germany’s Sutor Bank, citing regulatory delays and market conditions
FTC Tries Blocking Microsoft, Activision's $69B Deal, Claiming It's Being Rushed
13.6.2023
Microsoft’s attempted $69 billion acquisition of Activision Blizzard has been in a kind of limbo due to scrutiny from various regulatory bodies here in the U.S. and in the UK, and today the tech company faces one more hurdle. The Federal Trade Commission has filed a request for both a restraining...
The Reason Regulators Blocked Microsoft's Activision Deal Makes No Sense
28.4.2023
The UK’s Competition and Markets Authority (CMA) potentially torpedoed the biggest tech acquisition in history this week and hardly anyone understands why. There are plenty of reasons to prevent a giant corporation from trying to buy huge competitive advantages just because it can flood the zone...
U.S. Government's Case Against Voyager-Binance.US Merger Given Weight by Judge – Here's the Latest
3.4.2023
The case the US Government has made against Binance.US’ plans for an acquisition of bankrupt crypto lender Voyager Digital got a little stronger after a judge decided to halt the merger of the firms pending a government appeal.
The new ruling marks a turn of events after another judge earlier this...