Senate Republican leaders continue to scrounge for votes to pass President Donald Trump’s tax and spending bill as lingering intraparty fights threaten to upend the legislative centerpiece of the president’s domestic agenda.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
PHOTO: US CAPITOL
Senate pulls all-nighter on $3.3T tax bill; kills ban on AI regulation
Senate Republican leaders continue to scrounge for votes to pass President Donald Trump’s tax and spending bill as lingering intraparty fights threaten to upend the legislative centerpiece of the president’s domestic agenda. Read here
Grammarly buys startup Superhuman in AI push
The California-based AI-powered writing assistant has acquired the email efficiency tool as part of the company's push to build an artificial intelligence-powered productivity suite and diversify its business. Read here
PHOTO:GRAMMARLY
Google eyes fusion power from MIT's Commonwealth
Alphabet's California-based search engine subsidiary has struck a deal to buy power from a project in Virginia fueled by fusion, the reaction that powers the sun and the stars but is not yet commercial on Earth.Read here
PHOTO: OUTREACH PETE
NEWS WORTH NOTING
EAI Water buys LaMotte for Southeastern push
The California-based water treatment solutions provider is set to acquire its Virginia-based peer, bringing its client-focused approach to the Mid-Atlantic region and strengthening its position as a coast-to-coast leader. Read here
PHOTO: CYNDX
NEWS WORTH NOTING
NEWS WORTH NOTING
DEALS ROUNDUP
Musk's xAI raises $5B each in fresh debt and equity> Read here
Apple weighs using Anthropic or OpenAI for Siri> Read here
Meta deepens AI push with 'Superintelligence' lab> Read here
Brickell City sold to Simon Property for $548.7M> Read here
Next-gen procurement firm Levelpath nabs $55M> Read here
Campfire completes $35M in Series A funding> Read here
Ignis Energy closes $13.6M Series A financing> Read here
INTERNATIONAL MARKETS
Rheinmetall seeks sales of up to $59B by 2030
The leading German defense and automotive company aims to nearly double its revenue in five years, targeting from $43–$54 billion in annual sales. Read here
Oakley Capital to sell legal tech tool vLex to Clio at $1B
The British private equity firm has agreed to offload its legal technology platform to the legal software provider in a deal valuing the Spanish start-up at $1 billion. Read here
Aviva’s $5B Direct Line deal gets UK regulator’s nod
The Competition and Markets Authority has decided, on available information, not to refer the merger to create Britain’s largest motor insurer to a phase 2 investigation. Read here
Banca Mediolanum sells entire stake in Mediobanca
The Italian asset manager has completed the sale of its entire 3.5% stake at 29.1 million shares in merchant bank for about $646.2 million. Read here
Create quick, in-depth research reports with Scholar
