Mobile app developer ASIG to go public in $2.5bn SPAC deal
The Singaporean firm, which is merging with Magnum Opus Acquisition, has developed products such as the Uplive video…
Apps
Adobe to acquire web-first collaborative design platform Figma for $20bn
16 Sep 22The computer software major expects the web-based, multi-player capabilities of Figma to expedite the delivery of its Creative…
EU’s General Court rejects Google’s appeal against EC’s €4.3bn fine
15 Sep 22The appeal was against a fine imposed by the EC on Google in 2018 for allegedly enforcing unlawful…
Twitter’s shareholders vote in favour of $44bn takeover deal by Elon Musk
14 Sep 22The social media platform had previously filed a lawsuit in the Delaware Court of Chancery with an intent…
Yahoo acquires algorithm-based news rating company Factual
07 Sep 22Factual is said to rate more than 10,000 news articles a day by utilising data to provide users…
Mobile tech company AppLovin offers to acquire Unity Software for $17.5bn
10 Aug 22The proposal from AppLovin calls for the termination of Unity Software’s previously announced $4.4bn merger deal with ironSource
Meta reports 36% drop in Q2 2022 net income to $6.7bn
28 Jul 22The US-based social technology company earned revenue of $28.82bn during the second quarter of 2022 ended 30 June…
Moscow court fines $373m on Google over repeated content violations
19 Jul 22According to Russian communications regulator Roskomnadzor, the American internet major was fined by the Tagansky District Court for…
Elon Musk scraps $44bn acquisition of Twitter over fake accounts
11 Jul 22The American billionaire, who is now expected to be sued by Twitter for scrapping the deal, revealed that…
Zomato to acquire quick commerce business Blinkit in $578m deal
27 Jun 22The acquisition also includes the warehousing and ancillary services business of Blinkit’s HOTPL B2B trading business