Startups
Foxconn pays $727M for half of Mitsubishi Electric’s car parts unit in EV push
Foxconn is acquiring 50% of Mitsubishi Electric's automotive parts unit for $727 million as part of its push to develop an EV business.
Startups & Funding
Mergers & Acquisitions
Venture capital, funding rounds, mergers and acquisitions, and startup launches.
Startups
Disney found a way to buy Character.AI without buying its lawsuits
Disney has hired most of Character.AI's staff and acquired much of its technology through a structured bankruptcy deal that shields the company from ongoing legal liabilities.
Startups
Tesla (TSLA) proxy shows a board getting ready for a SpaceX merger
Tesla's 2026 proxy filing reveals governance changes that suggest preparation for a potential merger with SpaceX, including a director shift to SpaceX's board.
Startups
Disney agrees to hire the majority of Character AI’s workforce
Disney has agreed to hire the majority of Character.AI's workforce in what appears to be an acquisition-related transaction, though the deal remains subject to other potential offers.
Startups
IDBI Bank to be bought by Fairfax: a belated but worthy deal struck by India’s government
India's government sale of IDBI Bank to Fairfax Group marks a major divestment milestone and signals return to privatisation efforts.