Tag Archives: acquisition

ESPN is nearing a deal to acquire NFL media, according to a report from Andrew Marchand of The Athletic. The deal would include ESPN landing the content for NFL Network, as well as NFL Red Zone. The contract has yet to be signed, but the two sides are closing in on talks that began four years ago, per Marchand. Talks …

BNSF, the railroad giant owned by Warren Buffett’s Berkshire Hathaway, is working with Goldman Sachs to explore a takeover of a rival, according to people familiar with the matter. Its interest comes as its chief rival, Union Pacific, pursues a takeover of Norfolk Southern, Semafor reported Thursday, which would create the country’s only coast-to-coast railroad and leave BNSF at a …

Pepsi Prebiotic Cola. Courtesy: PepsiCo PepsiCo on Monday announced that it will launch a prebiotic cola under its namesake soda brand, starting this fall. Pepsi Prebiotic Cola comes just four months after the beverage giant announced its $1.95 billion acquisition of upstart Poppi. Soda consumption has broadly fallen over the past two decades in the U.S. But prebiotic sodas, fueled …

Chevron closes Hess acquisition after winning Exxon legal battle  Reuters Chevron Buys Into One of World’s Hottest Oil Projects  The New York Times Chevron completes Hess acquisition after defeating Exxon in dispute over Guyana oil assets  CNBC ExxonMobil Responds to International Chamber of Commerce Arbitration Ruling  Exxon Mobil Corporation Chevron CEO Seeks Peace With Exxon After Career-Defining Win  Bloomberg.com Source link

Chevron Completes Acquisition of Hess Corporation  Chevron Chevron-Hess merger is a go  Axios Exxon Benefits From a Pyrrhic Defeat Against Chevron Takeover of Hess  Bloomberg.com Chevron Buys Into One of World’s Hottest Oil Projects  The New York Times Analysts on Chevron winning arbitration over Exxon in Hess deal  Yahoo Finance Source link

Google just dealt OpenAI a major blow by scuttling a potential $3 billion deal, and in doing so, solidified a rising trend in Silicon Valley’s AI arms race: the “non-acquisition acquisition.” Google announced on July 11 that it poached key talent from the rapidly rising AI startup Windsurf, which until then had a reported $3 billion acquisition deal with OpenAI …

In brief: The founders and top researchers of AI coding startup Windsurf have announced that they will join Google’s DeepMind team, effectively ending OpenAI’s $3 billion bid to purchase the company. Windsurf will remain independent as Google will not be taking a stake and its new licensing deal with the firm is non-exclusive. Sources told Bloomberg that Google agreed to …

‘Dune’ Studio Legendary Weighs Acquisition of Lionsgate Studios (LION)  Bloomberg Legendary Kicking Lionsgate’s Tires  Deadline Legendary Weighs Lionsgate Deal  The Hollywood Reporter Legendary Is Mulling Acquisition of Lionsgate Studios  Variety Legendary Entertainment mulls takeover of Lionsgate Studios – Bloomberg By Investing.com  Investing.com Nigeria Source link

OpenAI’s deal to acquire the viral AI coding startup Windsurf for $3 billion fell apart on Friday, according to The Verge. In a shocking twist, Google DeepMind is now hiring Windsurf CEO Varun Mohan, co-founder Douglas Chen, and some of the startup’s top researchers. A Google spokesperson confirmed the hiring of Windsurf’s leaders in a statement to TechCrunch. Notably, Google …