The European Commission approved the $55 billion acquisition of Electronic Arts by an investor group including Saudi Arabia's Public Investment Fund under EU merger rules, concluding that the transaction does not raise competition concerns. A separate review under the Foreign Subsidies Regulation remains pending, with a decision expected by July 30.
Senator Elizabeth Warren accused major AI companies of trying to use North America's trade pact to narrow regulatory access to model information and source code, opening a new public-affairs dispute over transparency, trade rules and corporate oversight.
The Chinese optical transceiver maker is preparing a Hong Kong listing that could become the city's largest share sale since Alibaba's 2019 offering, with cornerstone demand already covering nearly half of the base deal.
NetApp acquired California-based DataPelago to add GPU-accelerated data processing directly to its storage portfolio. The company said the deal will help enterprises prepare, govern and activate data for AI and analytics without moving it into separate compute clusters.
TSMC plans to invest an additional $100 billion in U.S. chip manufacturing, bringing total commitments to $265 billion. The world's largest contract chipmaker also raised its 2026 revenue forecast to above 40% after posting record $22 billion quarterly profit, driven by surging AI demand.
Uber has reached an agreement to acquire Germany's Delivery Hero for $14.8 billion, combining Uber Eats with food delivery brands across 99 countries. The deal, which includes the sale of certain operations to SSW Partners for $1.6 billion, is expected to close in the second half of 2027.
