Ripple acquires GTreasury, a platform used by Fortune 500 companies for managing cash, foreign exchange, and risk, for $1B, set to close in the coming months
The deal, pending regulatory approvals, would give Ripple access to large enterprise clients as it is building out financial services around its digital asset business.
Polymarket CEO Shayne Coplan says Polymarket “has been given the green light to go live” in the US after the CFTC issued a no-action letter over event contracts
Polymarket, the crypto-based prediction market, has the regulatory approvals needed to launch in the US …
Payroll and HR software provider Gusto agrees to acquire Guideline, which offers 401(k) plans to small businesses; Guideline was valued at $1.15B in 2021
For 10 years, our mission has been to help everyone arrive at a secure retirement … Kevin B : Ten years ago, we set out on a mission to help everyone arrive at a secure retirement. Today, we're annou...
How the US conducted a monthslong campaign to push The Gambia and at least four other developing nations to license Starlink; diplomats call the events alarming
The State Department has intervened on behalf of Musk's satellite internet company in five developing nations. Bluesky: @karlbode.com , @emptywheel , @rimaanabtawi , and @malwarejake . Mastodon: @Suff...
China mandates regulatory approvals for autonomous driving-related OTA software upgrades, aiming to prevent automakers from hiding defects or avoiding liability
Qualcomm ends its bid to buy Israeli car chip maker Autotalks, citing a lack of timely regulatory approvals; the UK CMA opened a probe into the deal in February
Stephen Nellis / Reuters :
The UK CMA approves Microsoft's $68.7B Activision Blizzard acquisition, after Microsoft reformed the deal to sell some Activision cloud gaming rights to Ubisoft
Who would have thought that a regulatory body that refused to let Meta buy Giphy would allow Microsoft to buy Activision? … Bluesky: Knoebel / @knoebel.bsky.social : The Cloud Deal with Ubisoft change...
Sources: Microsoft and Activision Blizzard plan to keep seeking the final regulatory approvals for their $69B deal, despite not closing by the July 18 deadline
Bloomberg :
Now that Elon Musk has signed a deal to take Twitter private, a look at what's next, including a shareholder vote, Musk gathering cash, and regulatory approvals
AMD says it has received all necessary regulatory approvals to close its Xilinx acquisition, set for around February 14; the deal was announced in October 2020
Ryan Smith / AnandTech :