Source: Perplexity AI made a TikTok US bid to ByteDance, proposing a merger that brings video to Perplexity, with ByteDance investors retaining their stakes
Elon Musk, Kevin O'Leary And More—Could Buy TikTok As Ban Starts Taipei Times : Perplexity AI submits bid to merge with TikTok US Fortune : Perplexity said to submit bid to merge with TikTok's US unit...
MariaDB, which went public via SPAC in December 2022, gets an offer from K1 to go private in a $37M deal, or $0.55/share, far below its $672M Series D valuation
if it is controlled by capitalists, don't call it FLOSS. — this should have been clear by now with the bait-and-switch Google pulled with the “privatization” of Android's GApps vs. ASOS. … Dare Obas...
Cisco plans to acquire cybersecurity company Splunk in cash for $157 per share, a 31% premium on Splunk's September 20 closing price, in a deal valued at ~$28B
https://www.reuters.com/... Chris Merkel / @chrismerkel@infosec.exchange : Scoop: Anonymous has hacked the neuralinks of the leadership teams at Splunk and Cisco. While I can't identify the specific ...
Adobe plans to buy UI design and prototyping tool Figma for ~$20B, half cash and half stock; CEO Dylan Field will continue to lead Figma; ADBE closed down 16.8%
Today, we're announcing that Figma has entered into an agreement to be acquired by Adobe. TechCrunch : After the Figma-Adobe deal, which design startups are acquisition targets? Wall Street Journal : ...
The New York Times acquires Wordle, the simple word game that has amassed “millions of daily players”, for “an undisclosed price in the low-seven figures”
Thoughts for the day — I'm not a Wordle guy. It's not that I don't like puzzles, I just missed it. Tweets: Josh Wardle / @powerlanguish : An update on Wordle https://twitter.com/... @caissie : I'm ...
Amazon says it will acquire MGM Studios for $8.45B, its second-largest acquisition since it paid $13.7B for Whole Foods in 2017
they are laser-focused on expanding and entrenching their monopoly power. That's bad for workers, consumers, and small businesses. Josh Hawley / @hawleymo : This sale should not go through. @amazon is...
Box says KKR is leading a $500M investment in the company via preferred convertible stock; Aaron Levie will step down as chairman but will remain as CEO
- Levie would step aside as chairman after deal, remain as CEO — Box shares climb over past year to hit $3.9 billion market cap
Stripe launches Treasury to let its customers offer checking accounts and other business-banking services; Shopify will offer the services from early next year
Hello! Today: A new breed of startups is trying to help other startups manage their finances better. Stripe : Stripe launches Stripe Treasury in major expansion of financial services offering for pla...
Turvo, a collaborative logistics startup, raises $25M Series A led by Activant, with participation from individual investors including Tony Fadell, Aaron Levie
Connie Loizos / TechCrunch :
Intel to buy Mobileye, maker of chip-based camera systems for semi-automated driving, for $15.3B at $63.54 a share, a 34% premium to its Friday closing price
the elephant in the room that Israeli VCs are ignoring Larry Dignan / ZDNet : Intel buys Mobileye for $15.3 billion, eyes autonomous driving market, computer vision Aman Jain / ValueWalk : Jefferies D...