More than 15 months after announcing a $35 billion tie-up, AMD and Xilinx said Thursday that they secured all regulatory approvals and will close the deal in the coming days. The merger drew a lengthy inquiry from China’s antitrust enforcer. And due to a procedural quirk in the U.S., the Federal Trade Commission had two chances to review the deal, but passed on both. The FTC’s decision not...
AMD, Xilinx Set to Close $35 Billion Deal After Lengthy Chinese Antitrust Review
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TikTok CEO Goes to Washington With a Ragtag Band of Allies
TikTok is one of the most popular entertainment services in the U.S., used monthly by nearly half of the population. Yet as the app battles for its life, it has remarkably few allies to provide support. Even those that directly benefit from TikTok, such as music labels and creators, have mixed feelings about TikTok, largely because they say it doesn’t pay its partners enough. That’s...
Virgin Orbit Nears $200 Million Funding Deal
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