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After the transaction is finalized, Chevron plans to escalate share repurchases by $2.5 billion, reaching the upper limit of its annual guidance range of $20 billion. Chevron Corporation, one of the leading global energy companies, has today announced its agreement to acquire an American oil production firm Hess for $53 billion.
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As a result of the $7.1 billion transaction, Roche will get the rights to develop and distribute RVT-3101 in the US and Japan. The deal is expected to be completed at the end of this year or in the first quarter of 2024. Swiss healthcare giant F. Hoffmann-La Roche AG, commonly known as
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Jonah — a popular Twitter account of a pseudonymous crypto trader — made waves this week with a scathing Twitter thread explaining why he believes Solana’s future prospects look grim. In his Oct. 18 tweet, Jonah kicked off the thread by claiming Solana has a “structural oversupply of blockspace” and its
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Cloud gaming as a key aspect of what Microsoft is bringing to the world of gaming. A recent deal saw tech giant Microsoft Corp (NASDAQ: MSFT) paying $69 billion to acquire US game publisher Activision Blizzard Inc (NASDAQ: ATVI). However, according to venture capital (VC) firm Konvoy, that Microsoft’s deal might
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The Depository Trust & Clearing Corp. (DTCC) has acquired blockchain startup Securrency Inc. for an estimated $50 million, marking its first buyout in a decade and signaling a significant push into blockchain-based financial services. In a strategic initiative to enhance its blockchain technology offerings, the Depository Trust & Clearing Corp. (DTCC)
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Despite the current AI Hollywood writers are not completely out of their fight with the use of AI. Some experts have shared some areas of concern. The Writers Guild of America recently signed a labor deal with Hollywood Studios, in what seems to be a victory for the Guild. The
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The announcement of this landmark deal follows a recent report which hinted at the two companies’ progress toward an agreement. Since that report, Pioneer shares have surged by over 10%. ExxonMobil Corp (NYSE: XOM) has announced its agreement to acquire shale rival Pioneer Natural Resources Co (NYSE: PXD) for a staggering
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Day six of the trial of Sam Bankman-Fried saw the conclusion of former FTX chief technology officer Gary Wang’s testimony and the beginning of former Alameda Research CEO Caroline Ellison’s. Wang testified about his plea deal, among other things.According to Inner City Press on X (formerly Twitter), Assistant United States
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The approval came after the FTC in the United States initially filed a lawsuit to block the Activision Blizzard acquisition last year. According to a Friday report from The Verge, Microsoft Corp (NASDAQ: MSFT) is edging closer to finalizing its proposed $68.7 billion acquisition of Activision Blizzard, with an expected announcement
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SAS will leave exchanges as part of its restructuring deal, in addition to splitting equity and debt among members of a takeover consortium. Scandinavian Airlines (SAS) stock fell on Wednesday morning after the company announced a restructuring deal. As markets opened, SAS stock crashed 95% in reaction to an official
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