Tesla CEO Elon Musk has reportedly volunteered to proceed with Twitter purchase. Twitter received a letter from Musk promising to honour the takeover price. He is suing the company for breach of contract and other charges. Just weeks before the start of a bitter legal dispute over his attempt to back out of the transaction, … Read more
RIYADH: Saudi General Authority for Competition has approved the acquisition of Saudi’s fast-food chain Kudu Food and Catering Co by Tahalof Al Tamm Investment Co, Arab News quoted the authority’s Twitter account. The authority has approved 101 acquisitions since the beginning of 2021, which is the highest number of approved acquisitions within one year the authority achieved … Read more
TikTok has recently applied for a new trademark “TikTok Payment.” The international classification covers 36 categories of “Financial Property Management,” which is currently waiting for final approval. As per reports, TikTok had won a payment license in September 2020, when it bought UIPay to boost its own e-payment capabilities in China. At the time, the … Read more
