ContextLogic agrees to sell discount online retailer Wish to Singaporean company Qoo10 for $173M.
confirmed 1 article 2024-02-13
ContextLogic Wish Qoo10
ContextLogic agrees to sell the discount online retailer Wish for $173M to Singaporean company Qoo10; Wish had a $14B valuation after its 2020 IPO
Bloomberg · 2024-02-13 · #33
Sources report Temu is scooping up suppliers of cheap goods that previously worked with Shein.
rumored 1 article 2024-02-13
Temu suppliers of cheap goods formerly working with Shein
Sources: Temu is scooping up suppliers of cheap goods that once worked with Shein, as Shein moves to clean up its supply chain ahead of a planned US listing
Financial Times · 2024-02-13 · #12
Notion acquires Skiff.
confirmed 1 article 2024-02-10
Notion Skiff
Notion acquires Skiff, which raised $14.2M to offer end-to-end encrypted file storage, docs, calendar events, and email; Skiff will shut down after six months
TechCrunch · 2024-02-10 · #11
GoTo says no such discussion is taking place and denies talks with Grab about a ride-hailing merger.
denied 1 article 2024-02-09
GoTo Grab ride-hailing merger
Sources: Singapore-based Grab and Jakarta-based GoTo revive talks for a ride-hailing merger in Southeast Asia; GoTo says “no such discussion is taking place”
Bloomberg · 2024-02-09 · #23
Sources say Paytm E-commerce (now Pai Platforms) acquired Bitsila, a seller platform on India's Open Network for Digital Commerce (ONDC).
rumored 1 article 2024-02-09
Paytm E-commerce Bitsila
Sources: Paytm E-commerce changed its name to Pai Platforms and acquired Bitsila, a seller platform on India's Open Network for Digital Commerce
The Economic Times · 2024-02-09 · #10
The $1.5 billion investment would give Disney roughly a 9% stake in Epic Games.
rumored 1 article 2024-02-09
Disney Epic Games
Source: Disney's $1.5B investment in Epic Games will give Disney a 9% stake in Epic at a valuation of $22.5B, down ~29% from its 2022 valuation of $31.5B
The Information · 2024-02-09 · #13
The deal values Epic Games at $22.5 billion, down about 29% from its 2022 valuation of $31.5 billion.
rumored 1 article 2024-02-09
Epic Games
Source: Disney's $1.5B investment in Epic Games will give Disney a 9% stake in Epic at a valuation of $22.5B, down ~29% from its 2022 valuation of $31.5B
The Information · 2024-02-09 · #13
Registered Agents has acquired Epik, a domain registrar known for serving far-right and extremist websites.
confirmed 1 article 2024-02-09
Registered Agents Epik
Epik, a domain registrar serving far-right and extremist websites, has been acquired by Registered Agents, whose services allow companies to operate anonymously
Wired · 2024-02-09 · #16
Sources report Grab and GoTo have revived talks about a ride-hailing merger in Southeast Asia.
rumored 1 article 2024-02-09
Grab GoTo ride-hailing merger Southeast Asia
Sources: Singapore-based Grab and Jakarta-based GoTo revive talks for a ride-hailing merger in Southeast Asia; GoTo says “no such discussion is taking place”
Bloomberg · 2024-02-09 · #23
SoftBank owns 90% of Arm.
confirmed 1 article 2024-02-09
SoftBank Arm
Arm closed up 47.89% after issuing a strong profit forecast, adding ~$38B to its market cap, with $34B+ of that accruing to SoftBank, which owns 90% of Arm
CNBC · 2024-02-09 · #32
Carlyle Group is reported to agree to sell Jagex to CVC Capital Partners and US-based Haveli Investments for £900M, according to sources.
rumored 1 article 2024-02-09
Carlyle Group Jagex CVC Capital Partners Haveli Investments
Carlyle Group acquired Jagex in 2021 for more than $530M.
confirmed 1 article 2024-02-09
Carlyle Group Jagex
Disney plans to invest $1.5 billion to acquire an equity stake in Epic Games.
confirmed 1 article 2024-02-08
Disney Epic Games
Disney plans to invest $1.5B for a stake in Epic Games and collaborate on a new “universe” connected to Fortnite with content from Disney, Pixar, and more
CNBC · 2024-02-08 · #17
Jack Dorsey's plan to get Elon Musk to save Twitter failed.
failed 1 article 2024-02-08
Jack Dorsey Elon Musk Twitter
Battle for the Bird book excerpt: how Jack Dorsey's plan to get Elon Musk to save Twitter failed, as Musk dismantled the company after taking over, and more
Bloomberg · 2024-02-08 · #21
Elon Musk took over Twitter.
confirmed 1 article 2024-02-08
Elon Musk Twitter
Battle for the Bird book excerpt: how Jack Dorsey's plan to get Elon Musk to save Twitter failed, as Musk dismantled the company after taking over, and more
Bloomberg · 2024-02-08 · #21
Cohesity agrees to acquire the data protection unit of Veritas, valuing the combined entity at $7B.
confirmed 1 article 2024-02-08
Cohesity Veritas data protection unit
AI data security company Cohesity agrees to acquire the data protection unit of multi-cloud data management company Veritas, valuing the combined entity at $7B
Reuters · 2024-02-08 · #40
Entrust is reportedly in exclusive talks to acquire London-based identity verification provider Onfido; sources say the price is 'well above' $400M, with some reports citing up to $650M.
rumored 1 article 2024-02-07
Entrust Onfido
ID management company Entrust acquires Onfido, a London-based provider of automated identity verification services, sources say for “well above” $400M
TechCrunch · 2024-02-07 · #36
MicroStrategy purchased 31,775 bitcoin in Q4 2023 at an average cost of $39,411, bringing its total holdings to about 190,000 bitcoin acquired for a total cost of $5.93B.
confirmed 1 article 2024-02-07
MicroStrategy 31,775 bitcoin 190,000 bitcoin
MicroStrategy bought 31,775 bitcoin in Q4 2023 for an average cost of $39,411, taking its total holdings to 190K bitcoin acquired for a total cost of $5.93B
Unchained · 2024-02-07 · #35
Weaveworks failed to be acquired after seeking a buyer.
failed 1 article 2024-02-06
Weaveworks
Cloud native container management platform Weaveworks, which raised over $61M, shuts down after facing uneven sales and failing to get acquired
TechCrunch · 2024-02-06 · #40
Merger talks between Kioxia and Western Digital stalled in 2023.
failed 1 article 2024-02-06
Kioxia Western Digital
Japan plans to extend ~$1.64B in subsidies for Kioxia and Western Digital to expand memory chip production, after merger talks between the two stalled in 2023
Reuters · 2024-02-06 · #33
Acquisition talks between DocuSign and potential buyers Bain and Hellman & Friedman stalled over price and fell through.
failed 1 article 2024-02-06
DocuSign Bain Hellman & Friedman
Sources say Tencent acquired licensing rights for Elden Ring from FromSoftware in 2022.
rumored 1 article 2024-02-06
Tencent FromSoftware Elden Ring
Sources: Tencent plans to adapt acclaimed role-playing console game Elden Ring into a mobile version, after acquiring licensing rights from FromSoftware in 2022
Reuters · 2024-02-06 · #11
Thoma Bravo takes critical event management software company Everbridge private in a $1.5B all-cash deal.
confirmed 1 article 2024-02-05
Thoma Bravo Everbridge
Thoma Bravo takes critical event management software company Everbridge private in a $1.5B all-cash deal; Everbridge had a market cap of $6.4B in 2021
TechCrunch · 2024-02-05 · #18
Yandex agrees to sell its entire Russian business, including its popular search engine, to a group led by Yandex management in a deal valued at about $5.2B.
confirmed 1 article 2024-02-05
Yandex entire Russian business search engine group led by Yandex management
Yandex plans to sell its entire Russian business, including its popular search engine, to a group led by Yandex management in a deal valued at about $5.2B
Bloomberg · 2024-02-05 · #4
Reach and Amazon strike a deal for contextual first-party data to enable targeted online ads as the media industry adapts to the phase-out of third-party cookies.
confirmed 1 article 2024-02-05
Reach Amazon contextual first-party data targeted online advertising
UK's Reach strikes a deal with Amazon for “contextual” first-party data to target online ads, as the media industry responds to end of third party cookies
Financial Times · 2024-02-05 · #5
Sources report Apple plans to acquire Brighter AI, a German startup that anonymizes face and license plate data, to enhance privacy features on Vision Pro.
rumored 1 article 2024-02-04
Apple Brighter AI
Sources report Apple plans to acquire Brighter AI, a German startup that anonymizes faces and license plates, to enhance privacy features on Vision Pro.
rumored 1 article 2024-02-03
Apple Brighter AI
Baidu Venture is reportedly in talks to sell its stakes in U.S. startups, including AI robotics firm Machina Labs, to U.S. buyers amid souring U.S.-China relations.
rumored 1 article 2024-02-03
Baidu Venture US startups Machina Labs US buyers
Sources: Baidu Venture is in talks to sell its stakes in US startups, including AI robotics startup Machina Labs, to US buyers, as US-China relations sour
The Information · 2024-02-03 · #25
Negotiations between Universal Music Group and TikTok failed.
failed 1 article 2024-02-01
Universal Music Group TikTok
UMG begins pulling its artists' music from TikTok after negotiations failed; videos featuring UMG-owned songs will be muted, and users can pick a new soundtrack
Bloomberg · 2024-02-01 · #6
Amazon abandoned its planned acquisition of iRobot, ending the deal.
failed 1 article 2024-02-01
Amazon iRobot
After Amazon ended its acquisition, iRobot, whose robot vacuum market share has steadily eroded since 2014, could become an also-ran as Chinese companies gain
The Verge · 2024-02-01 · #9