Acquisitions
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...
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...
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...
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 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).