Mergers

The Warner Bros water tower in Burbank, CA

The Netflix-Warner Deal Faces Increasingly Plausible-Sounding Government Opposition

Wait, is the government actually going to do something about this?

Politics Mike Pearl Dec 14

Google-Fitbit Merger Wins EU Approval, With a Few Conditions

Last year, Google announced it was going to acquire Fitbit for a whopping $2.1 billion. Immediately, the news raised privacy concerns as Google is a tech giant with a lot of ad data on the cusp of absorbing another company with a hoard of health data. The deal itself has been under some intense scrutiny from…

Tech News Victoria Song Dec 17

Funimation Acquires Crunchyroll in Merging of Anime Mega Powers

One of the biggest places to watch anime has acquired one of the other biggest places to watch anime in a deal that’s basically like if Netflix acquired Hulu, but (obviously) in an extremely anime-specific way. AT&T has agreed to sell its Crunchyroll service to Funimation, which is owned by Sony, for just under $1.2 billion, the company…

io9 Germain Lussier Dec 9

T-Mobile, Which Said Sprint Merger Would Create Jobs, Already Laying Off Sprint Employees

T-Mobile insisted that its dreaded $26.5 billion merger with rival Sprint was all about job creation, saying the two companies would have 11,000 more employees by 2024 than they were expected to as separate entities. But now that the deal’s closed, hundreds of former Sprint employees working under the merged brand will be terminated, TechCrunch…

Tech News Tom McKay Jun 16

Grubhub Is Being Bought by Europe’s Largest Food Delivery Service

Following the cycle of stories of Uber’s plans to buy Grubhub—a potential move that reportedly rankled U.S. senators and investors alike—it looks like the multibillion-dollar food delivery company has found a new buyer: Just Eat Takeaway, a food-delivery service based in Europe. The acquisition, per Bloomberg, cost the dot-com company a hefty $7.3 billion dollars.…

Tech News Shoshana Wodinsky Jun 11

Senators Demand FTC, DOJ Scrutinize Potential Merger of Uber and Grubhub

Four U.S. senators are pressuring the Federal Trade Commission and the Department of Justice to “closely monitor the negotiations” between Uber and food delivery giant Grubhub Seamless to merge their parasitic services into one market-dominating giant. In a letter to the two agencies dated Wednesday, U.S. Senators Amy Klobuchar, Patrick Leahy, Richard Blumenthal, and Cory…

Tech Policy Tom McKay May 20

Reports: Judge to Rule in Favor of Dreaded T-Mobile and Sprint Merger

U.S. District Judge Victor Marrero is set to allow the $26.5 billion T-Mobile and Sprint merger to go forward, clearing the path to merge the nation’s third and fourth-largest wireless carriers into a single behemoth that would rival Verizon and A&T, reports indicated on Monday night. The New York Times and Wall Street Journal both…

Tech Policy Tom McKay Feb 10

Democratic Senators Urge FCC to Delay T-Mobile-Sprint Merger Vote, Seek Public Comment

In July, the Department of Justice cleared T-Mobile’s planned takeover of Sprint, paving the way for the nation’s third and fourth largest wireless carriers to merge into a titan to rival AT&T and Verizon. Sixteen states are suing to block the merger, and now some congressional Democrats are lobbying to have the Federal Communications Commission…

Tech Policy Tom McKay Aug 17

T-Mobile and Sprint May Offload $6 Billion in Assets to Dish As Part of Merger Deal With DOJ

Dish Network Corp. is “in talks” to buy up assets that T-Mobile and Sprint are planning to sell off in order to have their terrible merger approved by antitrust authorities, Bloomberg reported on Tuesday. Sources familiar with the discussions told Bloomberg that Dish may announce a deal to buy up “assets including wireless spectrum and…

Tech News Tom McKay Jun 19

Raytheon, United Technologies to Merge, Forming One of World’s Biggest Defense and Aerospace Firms [Updated]

Update: 6/9/2019 at 10:10 p.m. ET: Per a Raytheon press release on Sunday, this merger is now official (and announced slightly sooner than expected). Gizmodo’s original coverage follows below. Sometimes, when two major military contractors love money very much, they get together and reverse-mitosis into one larger military contractor. Defense contractor Raytheon, manufacturer of everything from…

Tech News Tom McKay Jun 9

President Trump Tells Americans to Boycott AT&T During Unhinged Twitter Rant

President Donald Trump sent a barrage of strange tweets during his flight to the UK overnight, but one of the weirdest tweets instructed Americans to stop using and subscribing to AT&T’s services. CNN, which the president hates because the network will sometimes accurately describe his crimes, is owned by AT&T. “I believe that if people…

Tech News Matt Novak Jun 3

T-Mobile and Sprint May Have to Create Fourth Competitor to Win Merger Approval

Right now, most estimates of a T-Mobile/Sprint merger getting approved say its a coin flip. That’s because while FCC Chairman Ajit Pai has given the deal his blessing, the Justice Department still hasn’t signed off. And according to a new report from Bloomberg that cites a source close to the matter, it seems the Justice…

Tech Policy Sam Rutherford May 30

Uber May Sign $3.1 Billion Deal to Buy Middle Eastern Rival Careem as Soon as Monday

In a move that goes against its recent trend of pulling out of foreign markets, ride-sharing giant Uber is preparing to purchase Dubai-based competitor Careem in a $3.1 billion deal, according to reports in Bloomberg and the Financial Times this weekend. Those reports indicated the deal could be signed as early as Monday and announced…

Tech News Tom McKay Mar 24

The Federal Trade Commission Is Starting a New Antitrust Task Force Looking at Big Tech

The Federal Trade Commission is launching a new task force focused on the tech industry, the Wall Street Journal reported on Tuesday, with a broad anti-trust mission that will “include re-examining mergers that already have been approved by the government.” FTC Chairman Joe Simons wrote in a statement, “The role of technology in the economy…

Tech Policy Tom McKay Feb 26

T-Mobile CEO John Legere Sure Loves Trump’s Hotels Now, and Boy, What a Coincidence That Is

T-Mobile is still cruising towards a $26 billion merger with Sprint, a deal that would combine the third- and fourth-biggest wireless carriers in the U.S. into one massive company. And after the deal was announced in April 2018, the Washington Post reported on Wednesday, T-Mobile executives quickly grew fond of a D.C. hotel run by…

Tech Policy Tom McKay Jan 17

Report: T-Mobile’s Merger With Sprint Is the Latest Battleground Over Huawei

As part of T-Mobile’s impending deal to buy Sprint (which reportedly could be approved as early a next week), one of the final hurdles the two companies need to clear is a national security review. And wouldn’t you know it, with all the stuff that’s been going on with Huawei, the U.S. government is reportedly…

Tech Policy Sam Rutherford Dec 14

Pepsi Plans to Buy SodaStream in $3.2 Billion Deal

PepsiCo will buy the Israel-based DIY soda company SodaStream in a deal worth $3.2 billion. The move is widely seen as an effort by Pepsi to prop up its catalog of “healthy” food and drink options as it continues to wage battle against longtime rival Coca-Cola. Both PepsiCo and Coca-Cola have invested heavily in both…

Tech News Matt Novak Aug 20

The FCC Wants Your Comments on the T-Mobile–Sprint Deal, Not That They’ll Read Them

In a move that was almost assuredly designed to garner less than normal attention, this week in the middle of summer the FCC quietly announced that it would now be taking comments from the public about the upcoming T-Mobile/Sprint merger. But not only that, in addition to comments, the FCC will even let folks file…

Tech News Sam Rutherford Jul 20

AT&T’s Big Plan for HBO Is to Fill It With More Random Trash Like Netflix

There are many reasons that AT&T’s merger with Time Warner presented the clear possibility of harming consumers. Somewhere on the list is the possibility of turning the carefully curated, profitable, and beloved HBO into a big-data monster like Netflix. To hear AT&T’s executive in charge of the cable channel tell it, that’s exactly what’s planned…

Television Rhett Jones Jul 9

The Dreaded T-Mobile and Sprint Merger Is Officially Dead

The planned merger between T-Mobile and Sprint is not happening after the two telecom giants “were unable to find mutually agreeable terms,” both companies confirmed in a statement on Saturday. T-Mobile CEO John Legere wrote that he believed the merger would have been beneficial, though somewhat cuttingly added “a deal with anyone will have to…

Tech News Tom McKay Nov 4

Mergers

The Netflix-Warner Deal Faces Increasingly Plausible-Sounding Government Opposition

Google-Fitbit Merger Wins EU Approval, With a Few Conditions

Funimation Acquires Crunchyroll in Merging of Anime Mega Powers

T-Mobile, Which Said Sprint Merger Would Create Jobs, Already Laying Off Sprint Employees

Grubhub Is Being Bought by Europe’s Largest Food Delivery Service

Senators Demand FTC, DOJ Scrutinize Potential Merger of Uber and Grubhub

Reports: Judge to Rule in Favor of Dreaded T-Mobile and Sprint Merger

Democratic Senators Urge FCC to Delay T-Mobile-Sprint Merger Vote, Seek Public Comment

T-Mobile and Sprint May Offload $6 Billion in Assets to Dish As Part of Merger Deal With DOJ

Raytheon, United Technologies to Merge, Forming One of World’s Biggest Defense and Aerospace Firms [Updated]

President Trump Tells Americans to Boycott AT&T During Unhinged Twitter Rant

T-Mobile and Sprint May Have to Create Fourth Competitor to Win Merger Approval

Uber May Sign $3.1 Billion Deal to Buy Middle Eastern Rival Careem as Soon as Monday

The Federal Trade Commission Is Starting a New Antitrust Task Force Looking at Big Tech

T-Mobile CEO John Legere Sure Loves Trump’s Hotels Now, and Boy, What a Coincidence That Is

Report: T-Mobile’s Merger With Sprint Is the Latest Battleground Over Huawei

Pepsi Plans to Buy SodaStream in $3.2 Billion Deal

The FCC Wants Your Comments on the T-Mobile–Sprint Deal, Not That They’ll Read Them

AT&T’s Big Plan for HBO Is to Fill It With More Random Trash Like Netflix

The Dreaded T-Mobile and Sprint Merger Is Officially Dead

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