In a landmark deal, Prada has acquired Versace for $1.36 billion, aiming to unite two iconic fashion brands. With this acquisition, Prada positions itself to compete more fiercely with luxury giants like LVMH.
In a dramatic turn of events, Amazon and AppLovin have thrown their hats into the ring to acquire TikTok before a potential U.S. ban takes effect. While Amazon's bid is reportedly not being taken seriously, AppLovin seeks financial backing for their offer. The clock is ticking as the deadline approaches!
In a surprising twist, Amazon has made a last-minute bid to acquire TikTok as the deadline for its separation from China approaches. With national security concerns looming, will this bid shake up the digital landscape?
In a strategic move, Rocket Mortgage has announced its acquisition of Mr. Cooper for $9.4 billion, promising to reshape the mortgage landscape and enhance the homeownership experience for millions.
Tensions escalate between Denmark and the Trump administration over the U.S. desire to acquire Greenland. Denmark's foreign minister responds to aggressive remarks, emphasizing the importance of ally communication.
The conviction of Charlie Javice, founder of fintech startup Frank, for defrauding JPMorgan Chase by inflating user numbers has raised serious questions about trust and ethics in the fintech industry. This case exposes vulnerabilities in acquisitions and due diligence processes, sending shockwaves through the sector.
Elon Musk's xAI has acquired X (formerly Twitter) for $33 billion, merging two of his companies and potentially reshaping the AI landscape. Find out what this means for the future of social media and AI.
In a surprising turn of events, Jennifer Salke, chief of Amazon MGM Studios, has been ousted amidst a strategic restructure aimed at streamlining operations. As Amazon shifts its focus in Hollywood, questions arise about the future of the studio and its ambitious projects.
In a surprising turn of events, BlackRock's planned acquisition of strategic Panama ports has been delayed due to intervention from Chinese regulators. This unexpected hold raises questions about international trade dynamics and investor confidence.
Denmark's Prime Minister Mette Frederiksen praises Greenlanders for resisting Trump's interest in acquiring the Arctic island. As tensions rise, she warns that America's ambitions remain undeterred.
