Big Law

Exxon Secures Lead in Top U.S. Oilfield With the $60 Billion Purchase of Shale Rival Pioneer

Exxon Mobil agreed to buy U.S. rival Pioneer Natural Resources in an all-stock deal valued…

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AMD Will Acquire AI Software Startup Nod.AI as it Seeks to Catch Up With Nvidia

Advanced Micro Devices announced Tuesday it will acquire Nod.AI, an open-source artificial intelligence software startup,…

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IMAX’s $124 Million Buyout Proposal of China Unit Falls Through

IMAX China said on Tuesday that its shareholders have rejected a proposal of its U.S.-based…

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Judge Throws Out a $32.5 Million Fine Against Google in a Patent Lawsuit With Sonos

Google has successfully convinced a California federal judge that it did not infringe on Sonos’…

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Truist in Talks to Sell Its Insurance Business for About $10 Billion

Truist Financial CorpTFC.N is in talks to sell its insurance brokerage unit to private equity firm Stone Point…

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Exxon’s Planned Acquisition of Pioneer Could Squeeze U.S. Shale Oil Suppliers, Pipelines

Top U.S. oil producer Exxon Mobil’s planned acquisition of the No. 1 Permian shale producer…

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Bristol-Myers Squibb Will Acquire Mirati for Up to $5.8 Billion

Bristol-Myers Squibb on Sunday said it will acquire cancer drugmaker Mirati Therapeutics for up to…

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Amazon Launches First Test Satellites for Its Planned Internet Service to Compete With SpaceX

Amazon launched the first test satellites for its planned internet service on Friday as a…

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Amgen Completes the $27.8 Billion Acquisition of Horizon Therapeutics

Amgen said on Friday it had completed the $27.8 billion acquisition of Horizon Therapeutics after…

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OpenAI Explores Making Its Own AI Chips

OpenAI, the company behind ChatGPT, is exploring making its own artificial intelligence chips and has…

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