Merck Animal Health invests $895 million in its facility in the US state of Kansas
The $895 million capital expansion will be carried out on Merck's existing property, which is the site of its De Soto, Kansas, facility. It includes an investment of
BUSINESS
BUSINESS
Japan's NTT plans to buy out its subsidiary NTT Data for $16.4 billion
In a statement, NTT said it was planning to make a tender offer for NTT Data at 4,000 yen per share, a 34% premium to Wednesday's closing price. NTT currently…
Skype not working: why did Microsoft close the video calling service?
If you have an account on the video calling app Skype, you will have one last chance to use it on May 5, 2025. Microsoft is shutting down the service…
Geely wants to acquire premium electric car brand Zeekr for $6.4 billion
The offer would see Geely acquire all the shares of U.S.-listed Zeekr Intelligent Technology Holding Ltd. that it does not already own for $2.566 per share, or $25.66 per American…
American food court startup Wonder raises $600 million at $7 billion valuation
According to CEO Marc Lore, Wonder, the company that owns Grubhub and Blue Apron restaurants, the deal brings the company closer to creating what Lore calls a “superfood
Uber to acquire stake in Turkish delivery app Trendyol Go for $700 million
The transaction is expected to close in the second half of the year following regulatory approval. Once completed, the Trendyol Go app will continue to serve customers,
Sam Altman's startup World, which scans the cornea of the eye to identify a person: how to build a business on verifying people?
World, a startup that reads irises to create digital identities and crypto transactions, has entered the US market despite legal restrictions, criticism of biometric
General Atlantic acquires minority stake in Liftoff at $4.3 billion valuation
Blackstone will remain the majority shareholder of Redwood City, Calif.-based Liftoff. The transaction is expected to close in mid-2025, the companies said. Founded in
US oil company Sunoco to acquire Canadian fuel retailer Parkland for $9.1 billion
The deal comes as Parkland's largest shareholder, Simpson Oil Ltd., appears to be on the verge of gaining control of the Calgary-based company's board of
OpenAI reaches deal to buy startup Windsurf for $3 billion
The acquisition could help OpenAI overcome growing competition in the market for AI-powered coding assistants — systems capable of performing tasks such as writing code