corporate acquisitions
6 stories related to this topic, newest first.
channelx.worldUS Stocks Dip Amid Oil Surge on Middle East Tensions as GameStop Bids for eBay
U.S. stock indexes fell from recent highs while oil prices jumped over 5% following reported attacks in the Middle East amid ongoing tensions with Iran. GameStop proposed acquiring eBay for about $56 billion in cash and stock, sending shares of both companies moving in opposite d…
Steve Jurvetson / Wikimedia (CC BY 2.0)Sam Altman Uses Gen Alpha Slang on X; TBPN Employee Clarifies Usage
OpenAI CEO Sam Altman, 41, shared a post on X using terms like 'looksmaxxed' and 'IQmog.' Tyler Cosgrove, from recently acquired TBPN, corrected the slang usage in a detailed response.
thenewdaily.com.auSpaceX Secures Option to Buy AI Coding Firm Cursor for $60 Billion Later This Year
SpaceX announced it has secured the option to buy AI coding company Cursor for $60 billion later in 2026. If the acquisition does not proceed, SpaceX will pay Cursor $10 billion for collaborative work. The deal highlights Cursor's rapid growth under 25-year-old CEO Michael Truell…
Coolcaesar / Wikimedia (CC BY 4.0)Warner Bros. Discovery Shareholders Approve $110 Billion Merger with Paramount Skydance
Warner Bros. Discovery shareholders voted overwhelmingly to approve a $110 billion merger with Paramount Skydance, parent of CBS News, during a special meeting on Thursday. The deal, offering $31 per share, still requires regulatory approval and faces potential lawsuits.
financefeeds.com (News photo)Michael Saylor's Strategy Acquires $2.54 Billion in Bitcoin, Surpassing BlackRock Holdings
Michael Saylor's company, Strategy, purchased 34,164 Bitcoin for $2.54 billion last week at an average price of $74,395 per coin. This acquisition increased Strategy's total holdings to 815,061 Bitcoin, exceeding BlackRock's 802,823 Bitcoin. The purchase marks Strategy's largest…
Indian Navy / Wikimedia (GODL-India)Three Gulf Funds Agree to Support Paramount's $81 Billion Acquisition of Warner, WSJ Reports
Three funds from Gulf countries have agreed to provide backing for Paramount Global's proposed $81 billion takeover of Warner Bros. Discovery, according to a Wall Street Journal report. The deal, if completed, would create one of the largest media conglomerates. Details on the fu…