Alphabet through Google Cloud has identified a huge gap in the Saudi Arabia cloud infrastructure and intends to fill it despite the impending competition.
Elon Musk posted his tweet on his previous consideration to sell Tesla shortly after the reports that Apple may launch its autonomous vehicle in 2024.
As part of the deal, Peloton will straight away acquire Precor’s fitness equipment manufacturing factories across four locations in the US This is like to help Peloton is dealing with some of its supply chain issues and meet the demand requirements.
SoftBank SPAC IPO will be overseen by SoftBank Investment Advisers which also runs the Vision Fund. Besides, Goldman Sachs Group and Citigroup will underwrite the deal.
As part of the deal, $56 per share will be paid to Aerojet Rocketdyne. Also, after the pre-closing special dividends have been paid by the company, Lockheed will only pay $51 per share as the purchase price.
The Electronic Arts deal with Codemasters involves a whopping amount of around $1.2 billion which outweighs the $973.01 million offered by Take-Two.
As part of the massive $39 billion deal, AstraZeneca has agreed to pay a whopping 45% of the share price of Alexion. As per analysts, this could be a win-win situation for both companies.
Steve Huffman, CEO of Reddit, said that Dubsmash and Reddit share some common ideologies thus making the acquisition very strategic in their future growth prospects.
Goldman Sachs will serve as an advisor of the deal. Korean law firm Kim & Chang will be the legal counsel of the acquisition.
With the antibody tests which involve a blood draw and secures the Emergency Use Authorization from the US Food and Drug Administration (FDA), one will be able able to ascertain his antibody levels before and after receiving the COVID-19 vaccine shots.
Uber in addition to selling its autonomous driving unit is also investing $400 million in the Aurora self-driving car startup.
Moreover, the world’s largest producer of vaccines by volume, Serum Institute of India requested authorization for emergency use of the AstraZeneca vaccine in the country.
The deal would be wrapped up in the first quarter of 2021 and worth around $730 million. This means 596 pence would be paid by Cisco for each IMImobile share.
Stripe will now offer debit cards, bank accounts and other products to online merchants and vendors who use its payment processing platform.
While the talks about the deal between Salesforce and Slack are gaining momentum, Jim Cramer believes that it could be a very beneficial move for Salesforce.