Acquisition

Platform News: Facebook the smartphone app in-front of monitors

Facebook’s Kustomer deal set to face EU antitrust investigation

Facebook’s acquisition of US customer service start-up Kustomer is set to trigger a full-scale EU antitrust investigation next month, three people familiar with the matter sa...

Platform News: Ride-hailing app Uber Technologies

Uber’s trucking unit to buy logistics planner Transplace for $2.25 billion

Uber Technologies Inc’s trucking business is buying transportation logistics company Transplace for about $2.25 billion from private equity firm TPG Capital, in a deal that i...

Platform News: Zoom communications logo

Zoom to buy cloud-based call center operator Five9 in $15 billion deal

Zoom has announced a $14.7 billion all-stock deal to buy cloud-based call center operator Five9 Inc in its largest-ever acquisition, as competition intensifies in its core videocon...

Platform News: Visa and Tink

Visa to buy Swedish FinTech Tink for $2.2 billion

Visa Inc said it had agreed a 1.8 billion euro (approximately $2.2 billion) takeover of European open banking platform Tink, months after it ditched a planned acquisition of the st...

Platform News: Amazon

Amazon brings James Bond and Rocky to fight Netflix with MGM acquisition

Amazon.com will buy MGM, the US movie studio and home to the James Bond franchise, for $8.45 billion, giving it a huge library of films and TV shows and ramping up competition with...

Platform News: IBM

IBM to acquire software provider Turbonomic for over $1.5 billion

IBM has said it has agreed to acquire Turbonomic, a provider of software that helps companies monitor the performance of their business applications, the latest in a series of clou...

Platform News: Discord

Has Discord ended its sale talks with Microsoft?

Messaging platform Discord has ended deal talks with Microsoft and plans to focus on expanding the business as a standalone company, sources familiar with the matter told journalis...

Platform News: Software titan Microsoft building

Bloomberg: Microsoft in talks to acquire Discord for more than $10 billion

Microsoft Corp is in talks to buy messaging platform Discord Inc for more than $10 billion, Bloomberg News reported, citing people familiar with the matter.

iQIYI

Sources: Alibaba and Tencent put talks to buy iQIYI stake on hold

Alibaba Group Holding Ltd and Tencent Holdings Ltd have every held separate talks with Baidu Inc to obtain a controlling stake in movie streaming service iQIYI Inc, people with kno...

Platform News: Introducing nvidia chip hardware

Nvidia’s deal for Arm sparks quick backlash in chip industry

Nvidia’s $40 billion agreement to acquire Arm Ltd from SoftBank Group is likely to meet strong resistance from Nvidia’s chip industry rivals, analysts say, with murmurs...

Platform news: TikTok app based in China, US politics

President Trump says there will be no extension of TikTok deadline

President Donald Trump said on Thursday the deadline set for Chinese firm ByteDance to sell its popular short-video program TikTok’s US operations wouldn’t be extended.

Platform Economy: TikTok and US politics

Trump to give ByteDance 45 days to agree sale of TikTok

President Trump has agreed to provide China’s ByteDance 45 days to negotiate the sale of TikTok to Microsoft, two individuals knowledgeable about the issue said on Sunday.

Google Fitbit Wearables

European Union regulators checking if Fitbit deal will increase Google’s clout

European Union regulators are checking whether Google’s purchase of Fitbit might allow it to drive rival makers of wearable devices, app developers and other online service p...

Uber CEO

How Uber Technologies hailed a deal with Grubhub only to let it slip

Uber’s CEO Dara Khosrowshahi has spent much of his career deftly negotiating acquisitions. Yet his $6.5 billion all-stock bid for Grubhub Inc ended with the food delivery com...