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UK blocks Microsoft’s $69bn acquisition of Activision Blizzard over cloud gaming competition concerns

The UK's Competition and Markets Authority (CMA) has blocked Microsoft's proposed acquisition of Activision Blizzard, citing concerns over competition in the cloud gaming sector. The $69bn deal would have given…
Posted by NNR April 26, 2023
Posted inWire

Anne O’Leary appointed Head of Meta Ireland amidst company downsizing

Meta, the parent company of Facebook, has announced that Anne O'Leary will be taking on the role of Head of Office at Meta Ireland, in addition to her current role…
Posted by NNR April 26, 2023
Posted inWire

Platform One acquires over £1bn in SIPP assets from Gaudi in latest deal

Platform One has announced its acquisition of the operation of more than £1bn self-invested personal pension (SIPP) assets currently administered by Gaudi. The deal also includes the acquisition of Gaudi…
Posted by NNR April 26, 2023
Posted inWire

Electric car sales jump to more than 10 million last year with China leading the way

Electric car sales jumped to more than 10 million last year, with China accounting for roughly 60% of the market, according to a report from the International Energy Agency published…
Posted by NNR April 26, 2023
Posted inWire

3M announces major layoffs amidst preparations for possible recession

On Tuesday, 3M, the manufacturing giant behind brands such as Post-It Notes and Scotch Tape, announced significant layoffs as part of a major restructuring plan. The company revealed that it…
Posted by NNR April 25, 2023
Posted inWire

OnePlus Pad: A New Android Tablet with Impressive Specs and a $479 Price Tag

OnePlus has finally shared the pricing information for its first tablet, the OnePlus Pad. Priced at $479, the tablet packs an 11.61-inch LCD panel with a 2,800 x 2,000-pixel resolution,…
Posted by NNR April 25, 2023
Posted inWire

General Motors to stop production of Chevy Bolt EV by end of 2023

General Motors (GM) has announced plans to halt production of its electric Chevrolet Bolt models by the end of this year. This comes as the company looks to shift its…
Posted by NNR April 25, 2023
Posted inWire

Ocado Retail to close oldest fulfilment centre in shift to robotic facilities

Ocado Retail, the online supermarket joint venture between Ocado Group and Marks & Spencer, has announced that it will stop operations at its Hatfield customer fulfilment centre in the summer.…
Posted by NNR April 25, 2023
Posted inWire

First payment of £301 cost of living grant starts rolling out to over 8 million UK households

The government has introduced the cost of living grant to help households cope with the rising costs of living in the UK amidst job losses, reduced hours, and increased living…
Posted by NNR April 25, 2023
Posted inWire

Over a million Texans to lose medicaid coverage amid federal spending pullback

As the COVID-19 pandemic continues to impact federal healthcare spending, over a million Texans are expected to lose their Medicaid coverage over the next year. The state's Department of Health…
Posted by NNR April 25, 2023
Posted inWire

Netflix to invest $2.5 billion in South Korea for producing Korean content

On Tuesday, Netflix announced its plans to invest $2.5 billion in South Korea over the next four years, doubling the company's investment in the market since 2016. The investment will…
Posted by NNR April 25, 2023
Posted inWire

Apple’s rumored VR headset to feature external battery pack

Apple's rumored virtual reality headset, the Reality Pro, is reportedly taking an unusual approach by having an external battery pack. This news was revealed by Mark Gurman, a notable industry…
Posted by NNR April 25, 2023

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  • About NewsnReleases

All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

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