Technology, Media and Telecom | CorpDev.Org

Whistleblower Claims Rattle Twitter’s Bid To Force Musk Deal [Law360: Mergers & Acquisitions]

By Jeff Montgomery (August 23, 2022, 7:46 PM EDT) -- A former Twitter security chief's newly revealed whistleblower claims of "egregious" security deficiencies and misleading reports on...

Intel, Brookfield Sign $30bn Deal to Finance Chip Factories [Private Equity Insights]

Intel and Canada’s Brookfield Asset Management agreed to jointly fund up to $30bn for the U.S. chipmaker’s leading-edge chip factories in Arizona, fueling Intel’s ambition to bring more chip...

Adani launches hostile bid for Indian news channel NDTV [Mergers & Acquisitions]

First big media play by Asia’s richest man stokes fears over editorial independence Source

SecurityWeek Analysis: Over 230 Cybersecurity M&A Deals Announced in First Half of 2022 [SecurityWeek]

An analysis conducted by SecurityWeek shows that more than 230 cybersecurity-related mergers and acquisitions were announced in the first half of 2022. SecurityWeek has cataloged 234 cybersecurity...

Ad group M&C Saatchi reverses decision to support takeover by Next Fifteen

Shareholders urged to vote against £310mn deal because of rival’s plunging share price Source

In Twitter Meeting, Elon Musk Fields Questions From 8,000 Employees

Mr. Musk answered questions from Twitter’s 8,000 workers for the first time in a virtual meeting on Thursday. Source: In Twitter Meeting, Elon Musk Fields Questions From 8,000 Employees

KKR-backed Corel buys remote access tech platform Awingu

KKR acquired Corel in 2019 for a reported $1 billion. Source: KKR-backed Corel buys remote access tech platform Awingu

TrillerVerz, SeaChange Walk Away From $5B Merger Deal

Video app TrillerVerz and video streaming and advertising technology company SeaChange have decided to go their separate ways as the clock runs out on a merger agreement that would have united the...

BREAKING: Facebook Mostly Loses Giphy Merger Appeal, But Case In Limbo

The U.K.'s specialist antitrust tribunal on Tuesday largely rejected Facebook's challenge to a decision blocking its $315 million acquisition of GIPHY, but agreed that Britain's competition watchdog...

Elon Musk said set to address Twitter employees for first time this week

Musk originally agreed to purchase TWTR for $54.20 per share, though he has been complaining for weeks that the social media company may be be misstating the number of spam accounts that it...