Arm wrestle on the table
The US, UK and EU will open probes into Nvidia’s $40 billion acquisition of Arm.
Google gets fit
The Internet giant has completed its $2.1 billion acquisition of wearable device maker Fitbit.
Did Facebook try to ‘buy or bury’ rivals?
The US Federal Trade Commission and nearly every US state have filed antitrust lawsuits against Facebook, accusing it of using a ‘buy or bury’ strategy to snap up rivals and keep smaller competitors at bay.
2020 in review
Despite the COVID-19 pandemic, the technology industry continued to thrive, with worldwide growth of 4% predicted for 2021.
China suspends Ant Group listing
Ant Group’s planned $37 billion initial public offering in China and Hong Kong was suspended with just days to go.
IBM to split itself in two
The company will list its IT infrastructure services unit as a separate company with a new name, by the end of 2021.
Oracle set to bust a move
The company is expected to agree to a deal for a stake in TikTok’s US operations.
SoftBank pumps billions into world’s major tech firms
Adobe, Alphabet, Amazon, Microsoft, Netflix, Nvidia, PayPal and Zoom are among the 25 companies into which SoftBank has invested a total of $3.9 billion.
EU clamps down on social media hate speech
Facebook, YouTube, Twitter and other social media will now be subject to EU rules on hate speech and harmful content under new European Commission guidelines.
Google faces proposed privacy class action lawsuit
Google is accused of illegally invading the privacy of millions of users by pervasively tracking their Internet use through browsers set in ‘private’ mode.
Zoom or bust?
The popular video platform has erupted onto the scene as a standout during the Covid-19 lockdown, but mirroring its meteoric rise could be an equally dramatic decline, even if remote working becomes more widely adopted post-pandemic.
Liberty Global, Telefonica SA create mega-firm
The companies agreed to merge their British businesses in a $38 billion deal.