Trump’s media deal takes a hit as PSPC fails to secure extension

The Truth social network logo is displayed behind a woman holding a smartphone in this illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register Sep 6 (Reuters) – The blank check acquisition firm that agreed to merge with former U.S. President Donald Trump’s social media company failed on … Read more

Twitter whistleblower could help Musk by adding ‘volatility’ to legal battle

An image of Elon Musk is seen on a smartphone atop printed Twitter logos in this illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration/ Join now for FREE unlimited access to Reuters.com Register WILMINGTON, Delaware, Aug 23 (Reuters) – A whistleblower’s complaint that Twitter Inc. (TWTR.N) misleading federal regulators about the company’s security risks could provide … Read more

Musk demands documents from Jack Dorsey as part of Twitter deal

WILMINGTON, Delaware, Aug 22 (Reuters) – Billionaire entrepreneur Elon Musk is seeking documents from Twitter Inc.(TWTR.N) Co-founder Jack Dorsey as CEO of Tesla and SpaceX is continuing his legal fight to back out of his $44 billion deal for the social media company, according to a court filing. Dorsey, who resigned as Twitter’s chief executive … Read more

Full of money, Pfizer buys Global Blood Therapeutics for $5.4 billion

Aug 8 (Reuters) – Pfizer Inc on Monday agreed to pay $5.4 billion in cash to sickle cell drugmaker Global Blood Therapeutics (GBT.O)as it seeks to capitalize on an increase in revenue from its COVID-19 vaccine and treatment. Pfizer will pay $68.50 per GBT share, representing a 7.3% premium to its Friday closing price and … Read more

Amazon’s connected device cart expands with $1.7 billion deal for Roomba maker

August 5 (Reuters) – Amazon.com Inc. (AMZN.O) will acquire iRobot Corp (IRBT.O)maker of the Roomba robotic vacuum cleaner in a cash deal worth around $1.7 billion in the world’s biggest online retailer’s latest attempt to expand its stable of devices smart home. Amazon will pay $61 per share, valuing iRobot at a 22% premium to … Read more