A merger that’s good for workers and consumers

America today is a hotbed of corporate mergers and acquisitions. Large companies take over smaller, more vulnerable ones in an attempt to expand their market share and increase their bottom line. But too often, the public loses out: prices go up, workers lose their jobs or experience declining wage rates, and customer service takes a… Continue reading A merger that’s good for workers and consumers

It’s official: Better.com is going public

It’s official: online mortgage lender Better.com is going public. The company, launched in 2016, has experienced explosive growth throughout the pandemic, and plans to go public through a merger with a special purpose acquisition company (SPAC) called Financial Technology Partners Acquisition Corp. (FTAC). The merger would give Better.com a current value of approximately $5.3 billion… Continue reading It’s official: Better.com is going public

Warner Bros’

It’s not often that two giants in the entertainment industry team up, but the merger of Warner Bros and AT&T has created a new video streaming platform, MAX, that is set to change the landscape of television as we know it. With a joint venture of the two industry powerhouses, MAX is set to be… Continue reading Warner Bros’

UK narrows antitrust probe of Microsoft-Activision

Recently, the UK’s competition regulator has closed its antitrust investigation into the union of Microsoft and Activision. The Competition and Markets Authority (CMA) announced that, after closely examining the merger, it concluded that the combination of Microsoft and Activision does not raise any competition concerns in the UK markets. The merger between the two giant… Continue reading UK narrows antitrust probe of Microsoft-Activision

Activision Blizzard exec claims that Sony CEO “just wants to block” Microsoft merger

Activision Blizzard Chief Financial Officer (CFO) Dennis Durkin recently made a bold claim that Sony’s CEO, Kenichiro Yoshida, wants to block Microsoft’s merger with the company. The multi-billion dollar merger was made to expand Microsoft’s gaming portfolio, but Yoshida’s actions have caused major setbacks in the process. Activision Blizzard is a prominent video game developer,… Continue reading Activision Blizzard exec claims that Sony CEO “just wants to block” Microsoft merger

Company created by Citrix-Tibco merger confirms it has laid off 15% of staff

A company created from the merger of Citrix and Tibco has confirmed that it has laid off 15% of its staff. Earlier this month, the merger between virtualization firm Citrix Systems and business integration software provider Tibco Software was announced. The new company, Citrix-Tibco (CTIB), has now confirmed that it has laid off about 150… Continue reading Company created by Citrix-Tibco merger confirms it has laid off 15% of staff