Topic: corporate acquisitions

  • SoftBank Bets $5.4 Billion on AI-Powered Robotics

    SoftBank Bets $5.4 Billion on AI-Powered Robotics

    SoftBank is investing $5.4 billion to acquire ABB's robotics division, marking a major return to robotics and expanding its automated systems portfolio despite past setbacks like the Pepper robot. The acquisition strengthens SoftBank's position in industrial robotics and aligns with founder Masay...

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  • Larry Ellison's Global Ambition: TikTok's Role in His Empire

    Larry Ellison's Global Ambition: TikTok's Role in His Empire

    Larry Ellison has transitioned from a low-profile tech leader at Oracle to a dominant media titan, with Oracle providing foundational cloud and database services to major corporations. He has aggressively expanded his media empire through personal investments, debt settlements, and major acquisit...

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  • Verizon Names New CEO to Lead Post-5G Era

    Verizon Names New CEO to Lead Post-5G Era

    Dan Schulman, former PayPal CEO, has been appointed as Verizon's new CEO to lead the company's expansion, replacing Hans Vestberg who will stay on as an advisor until 2026. Under Vestberg's leadership, Verizon launched its nationwide 5G network, adapted to longer consumer device replacement cycle...

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  • Oracle Names Two Presidents as New Co-CEOs

    Oracle Names Two Presidents as New Co-CEOs

    Oracle has appointed Clay Magouyrk and Mike Sicilia as co-CEOs, marking a leadership transition to strengthen its push into the AI infrastructure market. Safra Catz, the outgoing CEO, will become executive vice chair of the board, expressing confidence in Oracle's strong growth and AI leadership ...

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  • 2025 Tech Layoffs: The Complete List

    2025 Tech Layoffs: The Complete List

    The technology sector has seen over 22,000 layoffs in 2025, continuing a trend from 2024 when more than 150,000 jobs were cut, highlighting the human impact of corporate restructuring amid a shift toward AI and automation. Major companies like xAI, Rivian, Oracle, and Salesforce conducted signifi...

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  • When and How to Refresh Your Brand: A Strategic Guide

    When and How to Refresh Your Brand: A Strategic Guide

    Brand marketing in 2025 is increasingly focused on brand recognition and LLM citations, moving beyond traditional search metrics to build long-term success through consumer connection. Companies risk public backlash when brand changes, like new fees or logo redesigns, misalign with established va...

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  • Nova Launcher Founder and Sole Developer Departs

    Nova Launcher Founder and Sole Developer Departs

    Nova Launcher's future is uncertain after its founder and sole developer, Kevin Barry, left parent company Branch Metrics and was instructed to stop development and open-sourcing efforts. Branch Metrics, which acquired Nova in 2022, had previously promised to open-source the app if Barry departed...

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