FTC gives Musk the OK to acquire SpaceX alumni startup Mesh

Elon Musk is eyeing the acquisition of Mesh Optical Technologies, a startup founded last year by three former SpaceX engineers that is developing hardware for faster data center communications. potential acquisition, which was revealed in a Federal Trade Commission filing and first of all Reported by Bloombergconfirmed that the agency has expedited its antitrust review….

Read More

PayPal might not be looking to sell itself, report

PayPal may not be attempting a takeover, Semaphore reportedCiting people familiar with the matter. Earlier this week, Bloomberg reported that Stripe expressed interest Buying some or all of PayPal’s holdings, including core products PayPal and its services, as well as other companies such as Venmo. Stripe declined to comment for this story. But unnamed sources…

Read More