Visa abandons $5.3 billion acquisition after DOJ objections

  • January 12, 2021
Visa has abandoned its $5.3 billion bid to acquire fintech startup Plaid. In an announcement on Tuesday, the US Department of Justice said the two companies have agreed to call off their merger. The agency filed a lawsuit to block the deal last Novem…

Twitter is buying a podcast app to help build its audio Spaces

  • January 5, 2021
Last month Twitter publicly announced it’s testing Spaces, which operate as audio-enabled chat rooms within the social networking site. Now it’s acquired the team behind Breaker, a podcast app that focused on community and social elements since it st…

Twitter acquires screen-sharing and video chat startup Squad

  • December 11, 2020
On Friday, Twitter announced the acquisition of Squad, an app that allows you to share your screen and video chat with friends at the same time. According to TechCrunch, the entire team, including co-founders Esther Crawford and Ethan Sutin, will joi…

Facebook buys customer service and chatbot startup Kustomer

  • November 30, 2020
Facebook has just completed its latest acquisition, buying up a company called Kustomer. The startup’s software creates a single-screen interface for businesses to manage their online conversations with customers and automate some interactions with t…

SoftBank is reportedly close to selling ARM to NVIDIA

  • September 12, 2020
SoftBank might be close to finding a buyer for ARM, and it won’t surprise you who the bidder might be. Wall Street Journal sources say SoftBank is close to a deal to sell ARM Holdings to NVIDIA for “more than” $40 billion. The two have reportedly bee…

Twitter is reportedly the latest to explore a deal with TikTok

  • August 9, 2020
TikTok’s list of suitors is extending significantly beyond Microsoft. Wall Street Journal sources say Twitter has held “preliminary talks” about a possible union with TikTok’s US business. It’s still very early, and might not move forward, but Twitte…

Dark Sky on Android shuts down following Apple deal

  • August 1, 2020
Like it or not, you’ll have to move on from Dark Sky if you’re an Android user. The 9to5Google reports that Apple has shut down Dark Sky on Android and Wear OS as promised, leaving users without the app’s highly localized weather. Apple had initially…

Dish buys prepaid carrier Boost Mobile for $1.4 billion

  • July 1, 2020
After nearly a decade of trying to break into the wireless market, Dish just became the newest national wireless carrier. Today, Dish announced the $1.4 billion acquisition of Boost Mobile. With this purchase, Dish secures its place in the retail wir…

Uber is reportedly trying to buy Postmates

  • June 30, 2020
Uber might have missed its chance to buy Grubhub, but it might not go away empty-handed. New York Times sources claim Uber has made an offer to buy Postmates. The talks are still in progress and aren’t guaranteed to lead to a union, but negotiations…