Deal-making Thrived, Then Hit a Road Bump
Mergers and acquisitions activity plunged in the second half of 2022, but there are signs that it could pick up again next year.
Posted inBasketball Discrimination Ishbia, Mat Mergers, Acquisitions and Divestitures National Basketball Assn Phoenix Mercury Phoenix Suns
Mat Ishbia to Acquire Phoenix Suns and Mercury For $4 Billion
Ishbia, the chief executive of United Wholesale Mortgage, would replace Robert Sarver as the majority owner. Sarver was pushed to sell amid a misconduct scandal.
Posted inAntitrust Laws and Competition Issues Computer and Video Games Computers and the Internet Facebook Inc Federal Trade Commission Instagram Inc Khan, Lina Mergers, Acquisitions and Divestitures Meta Platforms Inc Social Media Start-ups Supernatural (Mobile App) Virtual Reality (Computers)
Mark Zuckerberg Testifies About Meta’s Virtual Reality Ambitions
Meta’s chief executive made a rare court appearance as the Federal Trade Commission tries to block his company’s purchase of the virtual reality start-up Within.
Posted inCensorship Computers and the Internet High Net Worth Individuals Hiring and Promotion Mergers, Acquisitions and Divestitures Musk, Elon Polls and Public Opinion Social Media Twitter
Musk Asks Twitter Users If He Should Step Down After Fury Over His Policies
Fury mounted over Mr. Musk’s moves to prevent Twitter users from sharing links to other social media platforms. The billionaire also asked whether he should remain as head of the service.