acquisition

Fox gets deeper into streaming with $440 million acquisition of Tubi

Fox Corp., the broadcast news and entertainment company holding what remains of the Murdoch Family’s television and cable sports and media assets after the sale of 21st Century Fox to Disney, has agreed to acquire the streaming service Tubi...

Desperate to exit, a $10B price tag for Magic Leap is crazy

Augmented reality headset maker Magic Leap has struggled with the laws of physics and failed to get to market. Now it’s seeking an acquirer, but talks with Facebook and medical goods giant Johnson & Johnson led nowhere according...

Grindr sold by Chinese owner after US raised national security concerns

Chinese gaming giant Beijing Kunlun has agreed to sell popular gay dating app Grindr for about $608 million, ending a tumultuous four years under Chinese ownership. Reuters reports that the Chinese company sold its 98% stake in Grindr to a...

Rajeev Suri to step down as Nokia CEO; Pekka Lundmark to take over

Rajeev Suri, the chief executive of Nokia, is stepping down from his leadership role after overseeing the Finnish networking giant for more than half a decade. Pekka Lundmark, the outgoing President and CEO of energy firm Fortum, has...

Minute Media raises $40M more for its user-generated, syndication-based sports publishing platform

When it comes to the internet, content may be king, but in many cases, the emperor has no clothes. That is to say, the masses may click on interesting stories, video, music and other media, but building a lucrative...

Intuit confirms that it is buying Credit Karma for $7.1B in cash and stock

The week is kicking off with a major piece of M&A in the world of financial technology startups. Today Intuit — the accounting, tax filing and financial planning software giant behind QuickBooks, TurboTax and Mint, confirmed that it plans...

Aki acquires Eyeview’s ad personalization tech

Video advertising company Eyeview shut down in December, but its technology will live on thanks to an acquisition by Aki Technologies. Aki CEO Scott Swanson told me that he’s anticipating serious growth in the demand for ad personalization, particularly as...

Language platform Busuu acquires video tutor startup, now plans IPO

Language-learning platform Busuu, which has fast expanded to take on traditional giants like Duolingo, says it has acquired the live video tutoring company Verbling for an undisclosed amount, other than calling it a “double-digit million dollar acquisition.” As a result,...

Visa’s Plaid acquisition shows a shifting financial services landscape

When Visa bought Plaid this week for $5.3 billion, a figure that was twice its private valuation, it was a clear signal that traditional financial services companies are looking for ways to modernize their approach to business.
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Apple designs face shields for healthcare workers

The first shipment was delivered to a Santa Clara, California hospital last week. As the company explained, the protectors...
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Italy to declare distance education compulsory while planning to extend it to next year

Italy to declare distance education compulsory while planning to extend it to next year <img src = "https://intallaght.ie/wp-content/uploads/2020/04/1586170145.jpg" alt="The interior...

Japan's Prime Minister proposes declaring a state of emergency for coronavirus

Japan's Prime Minister proposes declaring a state of emergency for coronavirus <img src = "https://intallaght.ie/wp-content/uploads/2020/04/1586168811.jpg" alt="Japanese Prime Minister Shinzo Abe....

Boris Johnson is admitted after ten days of fever

Boris Johnson is admitted after ten days of fever <img src = "https://intallaght.ie/wp-content/uploads/2020/04/1586158975.jpg" alt="Boris Johnson. "> Boris Johnson. / EfeThe Prime...

Manchester City studies sanctioning one of its players for disobeying quarantine

Manchester City studies sanctioning one of its players for disobeying quarantine The English defender Kyle Walker was accused by the British newspaper The Sun of...