[ad_1] UBS announced on Wednesday that the former CEO Sergio Ermotti would replace Ralph Hamers from April 5. The board decided that Ermotti’s experience in picking UBS up from the…
Tag: Mergers and acquisitions
SVB fallout unlikely to affect fundraising for Southeast Asia startups, venture capitalists say
[ad_1] SANTA CLARA, CA, US – MARCH 13: People wait outside the Silicon Valley Bank headquarters in Santa Clara, CA, to withdraw funds after the federal government intervened upon the…
Grand Rapids-based payroll software firm acquired by Scottish business services company
[ad_1] GRAND RAPIDS — Payroll software firm Dominion Systems Inc. has been acquired by a private equity-backed business services company in Scotland. Dominion and AAB have partnered for the past five…
Nvidia supports Microsoft, Activision merger after Xbox deal to add games to cloud service
[ad_1] BRUSSELS — Microsoft said Tuesday it will bring its Xbox PC games to Nvidia’s cloud gaming service, after the chipmaker had reportedly expressed opposition to a major Microsoft gaming…
Vietnamese EV maker VinFast says job cuts won’t derail plans to start U.S. production
[ad_1] The Vinfast VF6 all-electric vehicle is on display at the 2022 Los Angeles Auto Show on November 18, 2022 in Los Angeles, California. Josh Lefkowitz | Getty Images News…
Market history says a recession could produce the next Airbnb or Slack
[ad_1] Layoffs, rising interest rates, spiraling valuations — this is a tough time for startups. Amid the broader economic downturn and bear market in tech stocks, investors have been favoring…
US seeks to block Microsoft’s takeover of ‘Call of Duty’ maker
[ad_1] US regulators are launching a legal battle against Microsoft to block its $69 billion (€65 billion) bid to buy “Call of Duty” maker Activision Blizzard, saying the megadeal could…