FTC gives Musk the OK to acquire SpaceX alumni startup Mesh

FTC gives Musk the OK to acquire SpaceX alumni startup Mesh

Elon Musk is eyeing an acquisition of Mesh Optical Technologies, a startup founded by three former SpaceX engineers last year developing hardware for fast data center communications. The potential acquisition, which was revealed in a Federal Trade Commission filing and first reported by Bloomberg, confirmed the agency expedited its antitrust review. Mesh Optical came out…

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DiligenceSquared uses AI, voice agents to make M&A research affordable

DiligenceSquared uses AI, voice agents to make M&A research affordable

A typical merger-and-acquisition process is time-consuming and expensive, even for the largest, well-staffed private equity firms. In addition to spending countless hours meeting with senior executives of potential targets and modeling financial outcomes, these groups spend millions of dollars on external advisers: accountants, lawyers, and management consultants. Since expenses for external advisers are not reimbursed…

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PayPal might not be looking to sell itself, report

PayPal might not be looking to sell itself, report

PayPal may not be pursuing an acquisition, Semafor reported, citing people familiar with the matter.  Earlier this week, Bloomberg reported that Stripe expressed interest in buying some or all of PayPal Holdings, which includes the flagship product PayPal and its services, as well as other companies like Venmo. Stripe declined to comment on the news. …

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