Call it the age of the mega merger. Across industries, some of the biggest companies are joining hands and creating even bigger companies.
Kison Patel, the CEO of software company DealRoom, remembers working for a private equity firm trying to do a deal not long ago. His firm bombarded the target company with requests for information — including repetitive requests for the same information, often in Excel spreadsheets. Eventually, the seller got fed up and walked away.
Large corporations are under attack from every corner. A group of states are fighting the proposed acquisition of Sprint Corp. by T-Mobile US. The Department of Justice and the Federal Trade Commission are investigating tech giants including Facebook and Alphabet’s Google for antitrust violations. Democratic presidential candidate Elizabeth Warren is proposing breaking up the big tech companies.
December 17, 2019 Cyber
Artificial intelligence and big data offer some of the most exciting prospects for medicine. But making good use of the data is another story.
It might seem odd that California passed the nation’s most sweeping data privacy legislation—the state is home to many companies in the tech industry, including heavyweights Facebook and Alphabet’s Google. But it turns out, Facebook and Google aren’t complaining.
The potential uses of data are exploding. But so are the regulations to keep that in check.
Global trade wars are ramping up their damage to global economies, and it’s not just the tensions between the U.S. and China that are to blame.
As diverse businesses from Overstock.com to Google’s parent company Alphabet increasingly use and express growing interest in using virtual currencies, the legal and regulatory landscape for those currencies has become increasingly complex. We provide this overview of the regulatory landscape to alert companies to the legal implications of venturing into this uncertain terrain.
In an August tweet, President Donald Trump said that, “our great American companies are hereby ordered to immediately start looking for an alternative to China,” adding that those companies would be better off without China. But despite all the rhetoric, American companies are hard pressed to ignore China’s 1.4 billion consumers.