Acquisitions

Platform News: Tech Titans including Facebook, Google, Amazon and Apple

Federal Trade Commission meeting will investigate Big Tech’s small deals

The US FTC will hold its next open meeting on the 15th of September to hear staff findings on deals that Big Tech businesses such as Facebook and Apple make which are sometimes too...

Slack

Salesforce in talks to acquire workplace app Slack

Cloud-based software company Salesforce.com is currently in discussions to acquire workplace messaging app Slack Technologies since it seeks to expand its own offerings to business...

Platform News: Wall Street in New York

M&A: Tech leads crisis-driven boom with $350 billion deal rush

Global M&A volumes are exceeding $2 trillion for 2020, with technology making up almost a fifth of the total after mammoth deals such as SoftBank’s $40 billion purchase o...

Platform News: Facebook Social Media Buttons

Facebook buys GIF website Giphy to integrate with Instagram

Facebook is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, and will integrate it with its rapidly growing Instagram photo-sharing app, Facebook...

PayPal

PayPal to buy rewards platform Honey Science for $4 billion

Reuters – Payment processor PayPal said on Wednesday it would buy privately held shopping and rewards platform Honey Science Corp for about $4 billion (£3.10 billion).