The California-based tech giant is closing in on a historic stock market valuation, powered by investors cheering progress in the company's long-awaited AI enhancements to rejuvenate sluggish iPhone sales.
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THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS

    Apple Filip Troníček

    PHOTO: FILIP TRONÍČEK

    Apple approaches $4 trillion valuation amid AI momentum 

    The California-based tech giant is closing in on a historic stock market valuation, powered by investors cheering progress in the company's long-awaited AI enhancements to rejuvenate sluggish iPhone sales. Read here

      Nippon Steel extends closing of $15B USS bid

      The Japanese steelmaker has extended the closing period for its purchase of US Steel, expressing confidence that the acquisition will protect and grow the American company. Read here

      PHOTO: US STEEL

      US Steel USS 300

      SpaceX, Vast ink deal for missions to Space Station

      The California-based aerospace startup has hired Elon Musk’s space transportation company to launch two private astronaut trips to the International Space Station, part of its commercialization plans. Read here

      PHOTO: SPACEX

      SpaceX 300

      DEALS ROUNDUP

      • Uber dismayed as Taiwan rejects deal for Delivery Hero unit
      • Universal Music expands partnership with Amazon Music 
      • Microsoft works to add non-OpenAI models into 365 Copilot
      • Fiserv bets on gig economy with $140M deal for Payfare
      • boon raises $20.5M in Series A led by Marathon and Redpoint

        INTERNATIONAL MARKETS

        Alibaba, E-Mart to create $4B e-commerce venture

        The Chinese e-commerce giant has agreed to merge its South Korean operations with the local retailer’s e-commerce platform to better compete in the country. Read here

        Telegram, Tencent in move to obtain Malaysian license

        The Dubai-based messaging platform and the Chinese tech giant’s WeChat have begun the process of acquiring licenses needed to operate their platforms in Malaysia. Read here

        Happy Holidays!

        Wishing You All the Best in the Year Ahead!

         

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