corporate

Updated Jan. 11, 2024 4:34 am ETThomson Reuters is launching a $626 million cash bid for Pagero Group, beating a rival offer made by Vertex for the Swedish e-invoicing provider last month.Thomson Reuters said Thursday that it will begin a public tender offer to acquire all of Pagero’s shares on Friday. It intends to pay 40 Swedish krona a share, valuing the Gothenburg-based company at SEK6.4 billion ($626.0 million).Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8…

Updated Jan. 11, 2024 6:14 am ETAmazon.com missed a Wednesday deadline to offer remedies to the European Union over its $1.7 billion acquisition of Roomba maker iRobot, after the bloc had raised concerns that the deal could stifle competition in the robot vacuum cleaner market.The European Commission, the EU’s executive arm, made its concerns known in November after conducting an in-depth investigation into the deal that was outlined in August 2022. The bloc sent Amazon a so-called statement of objections—a formal step to…

Chesapeake Energy and Southwestern Energy have agreed to merge in an all stock-transaction valued at $7.4 billion that is aimed at creating a premier natural gas company.The companies on Thursday said the value is based on Chesapeake’s closing price as of Wednesday.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Chesapeake Energy and Southwestern Energyhave agreed to merge in an all stock-transaction valued at $7.4 billion that is aimed at creating a premier natural…

Days after “Cyberpunk 2077” made its debut in December 2020, the much-hyped videogame was so buggy that Sony Group pulled it from its PlayStation store and players plastered social media with complaints of glitches. The misfire surprised gamers partly because “Cyberpunk 2077,” featuring actor Keanu Reeves, was one of the most expensive games ever released. Last month, it capped an improbable comeback by winning best ongoing game at one of the industry’s biggest awards shows.Copyright ©2024Dow Jones & Company, Inc.…

Jan. 10, 2024 11:40 pm ETGoogle laid off hundreds of employees in several areas of the business on Wednesday, a sign of further cost reductions at the search giant as it continues to reverse a pandemic hiring spree.The cuts affected employees in divisions including those working on Google’s Assistant program, hardware and internal software tools, the company said. The exact size and scope of the layoffs couldn’t immediately be determined.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.…

Jan. 10, 2024 11:00 pm ETTOKYO—China’s near-monopoly on the solar-energy market has prompted the U.S. and allies to step up the search for workarounds. Engineers believe they have found one in a type of solar cell that looks and feels like camera film.Japan is pushing the technology with subsidies and other support, a sign of how renewable energy, alongside other high-tech fields such as semiconductors, has become a geopolitical football.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.…

Listen to article(1 minute)The two most important letters at the world’s biggest technology trade show are A and I.Among the scores of gadgets on display at CES in Las Vegas this week, hundreds if not thousands claim to be enhanced by artificial intelligence. For starters, there are:Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Listen to article(1 minute)The two most important letters at the world’s biggest technology trade show are A and I.Among the scores of…

Jan. 10, 2024 10:48 am ETAmazon is eliminating hundreds of jobs across its film and television studio and Twitch streaming platform. Mike Hopkins, senior vice president of Amazon’s Prime Video and Amazon MGM Studios, announced the studio and video-division layoffs in an email to staffers Wednesday. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Jan. 10, 2024 10:48 am ETAmazonis eliminating hundreds of jobs across its film and television studio and Twitch streaming…

Hewlett Packard Enterprise struck a roughly $14 billion deal to buy Juniper Networks in a big bet on networking and artificial intelligence. The companies unveiled the transaction late Tuesday, a day after The Wall Street Journal reported that a deal was close. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Hewlett Packard Enterprise struck a roughly $14 billion deal to buy Juniper Networksin a big bet on networking and artificial intelligence. The companies…

Hewlett Packard Enterprise has agreed to buy Juniper Networks, a $14 billion deal that would merge two legacy network-operations companies as they seek to capitalize on the rise of generative artificial intelligence.The Wall Street Journal reported on Monday that the companies were nearing a deal.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Hewlett Packard Enterprise has agreed to buy Juniper Networks, a $14 billion deal that would merge two legacy…