Deal

A close-up of a hand holding a smartphone displaying the TikTok logo against a blurred background of an American flag. The image highlights the potential "Amazon TikTok deal" as Amazon reportedly explores acquiring TikTok in the U.S.
Amazon Reportedly Exploring Deal to Acquire TikTok in the U.S.

The Amazon TikTok deal is now in the spotlight. Amazon is reportedly exploring a deal…

UK Regulator Approves Microsoft’s $13 Billion Investment in OpenAI

The UK’s Competition and Markets Authority (CMA) has approved Microsoft’s $13 billion investment in OpenAI, concluding a 14-month investigation that began in December 2023. The CMA determined that the investment does not grant Microsoft de facto control over OpenAI, thereby negating the need for further investigation under merger regulations.

Adnoc teams up with Baker Hughes for the development of new technologies

In a deal with Adnoc, the US energy services business Baker Hughes will develop technology…

Abu Dhabi Accountability Authority inks deal with G42 to employ latest tech

A preliminary agreement was reached between the Abu Dhabi Accountability Authority and Presight.ai, a division…

Tahaluf Al Emarat and CPX Holding sign deal

A Memorandum of Understanding (MoU) was signed by Tahaluf Al Emarat, a renowned IT provider…

Twitter shareholders approve $44bn Musk deal

The choice was taken during a brief conference call that the company’s San Francisco headquarters…

Solutions signs $79.5m deal with STC

The largest shareholder in solutions, Saudi Telecom Company (stc), and Arabian Internet and Telecommunication Services…

Elon Musk threatens to drop Twitter deal over bot counts ambiguity

Elon Musk warned on Monday that if Twitter fails to share data on spam and…

HCL Technologies signs a multi year deal with Wacker Chemie AG

The country’s third-largest software services firm HCL Technologies (HCL) has signed a deal with Wacker Chemie AG,…