Mergers and Acquisitions
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Tech News
Canva doubles down on AI and marketing automation with Simtheory, Ortto acquisitions
Canva announced on Wednesday the dual acquisition of Simtheory, an AI collaboration and agent management platform, and Ortto, a customer…
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Anthropic buys biotech startup Coefficient Bio in $400M deal: Reports
Anthropic has purchased the stealth biotech AI startup Coefficient Bio in a $400 million stock deal, according to The Information…
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Tech News
Uber is buying Berlin startup Blacklane to bolster its ‘Elite’ offering
Uber is buying Berlin-based startup Blacklane, which provides on-demand, black-car chauffeur services, as the ride-hail giant expands deeper into luxury…
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Tech News
Elon Musk misled Twitter investors while trying to get out of acquisition, jury says
A civil jury in California on Friday ruled that Elon Musk intentionally misled Twitter investors when he tried to back…
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Netflix may have paid $600 million for Ben Affleck’s AI startup
Last week, Netflix announced the acquisition of InterPositive, an AI company co-founded by Ben Affleck that helps filmmakers edit footage…
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Tech News
Life EV officially owns Rad Power Bikes now
Life Electric Vehicles Holdings, also known as Life EV, officially owns the intellectual property, inventory, and certain operating assets of…
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Tech News
Paramount+ and HBO Max to merge into one streaming service after WBD deal closes
Following the surprising news that Netflix had withdrawn its bid to acquire Warner Bros. Discovery (WBD), Paramount Skydance stepped in…
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Tech News
What to know about the landmark Warner Bros. Discovery sale
The streaming and entertainment industry just witnessed one of its most high-stakes megadeals ever, stunning industry observers. Not only is…
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Netflix backs out of bid for Warner Bros. Discovery, giving studios, HBO, and CNN to Ellison-owned Paramount
In a flurry of deal offers in the high tens of billions of dollars, the bidding war for Warner Bros.…
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Tech News
Anthropic acquires computer-use AI startup Vercept after Meta poached one of its founders
Anthropic on Wednesday announced that it has acquired Vercept, an AI startup with deep roots to some of the biggest…
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Tech News
Alphabet-owned robotics software company Intrinsic joins Google
Google is moving further into physical AI by bringing a familiar robotics software platform under its wing. Alphabet-owned Intrinsic, which…
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Tech News
Etsy sells secondhand clothing marketplace Depop to eBay for $1.2B
Etsy is selling Depop, a secondhand clothing app popular with Gen Z and millennials, to eBay for $1.2 billion in…
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