Friday, April 25, 2025

Tag: acquisition

Lucid Motors Buys Nikola’s Factory—And Hires 300 Staff Overnight

Lucid Motors will acquire Nikola's Arizona facilities, hiring 300 former employees, as Nikola faces bankruptcy after financial troubles.

Trump Gives TikTok 75 More Days as Sale Talks Stall

Trump extends TikTok sale deadline by 75 days to allow negotiations amid U.S.-China trade tensions and national security concerns.

Amazon Wants TikTok—and the Race to Buy It Just Got Real

Amazon has expressed interest in acquiring TikTok as competition heats up before a potential U.S. ban on the app.

Meta Pursues FuriosaAI Acquisition to Strengthen AI Chip Capabilities

Meta Platforms is in talks to acquire South Korean AI semiconductor startup FuriosaAI, specializing in AI inference chips for data centers.