While speculation on bidders for Toshiba’s (TOSYY +2.3%) NAND business has centered on Broadcom (NASDAQ:AVGO), as well as Micron, Western Digital and SK Hynix, Apple (AAPL +0.1%) may be among bidders as well, according to […]
Audi plans to acquire Silvercar. Silvercar is a U.S.-based car-sharing startup. It was founded specifically to address the high-end airport rental car market. The company’s fleet is already made up exclusively of Audi A4 cars. […]
Apparently, private equity firm Silver Lake Partners and Broadcom (NASDAQ:AVGO) have offered Toshiba (OTCPK:TOSYY) about ¥2T ($17.9B) for its chip unit. Thus, that’s on the high end of estimates for the memory business’s value, the […]
China’s Tencent Holdings Ltd has bought a 5 percent stake in U.S. electric car maker Tesla Inc for $1.78 billion. It is the latest investment by a Chinese internet company in the potentially lucrative market […]
Souq.com has been bought by Amazon (NASDAQ:AMZN) for an undisclosed amount. It is a day after a counteroffer of $800M from Dubai’s Emaar Malls became public. “Amazon and Souq.com (Private:SOUQ) share the same DNA. We’re […]
Apple has acquired the Workflow automation app, which allows iOS users to trigger a sequence of tasks across apps with a single tap. A spokesman for Apple confirmed on Wednesday the company’s acquisition of DeskConnect, […]
Blackstone has signed a deal to acquire the employee-benefits outsourcing business of international insurance brokerage Aon for $4.8 billion, people familiar with the matter said. The operation manages benefits for about 15% of the US […]
Yet more regional consolidation is underway among the giants of take-out and delivery startups in Europe as they gear up to compete more aggressively against newer entrants like Deliveroo and Uber Eats. Today, Berlin-based Delivery Hero announced that […]
Yahoo fell 6% in yesterday’s trading on word that Verizon is now considering scrapping its $4.83B deal for the Internet pioneer. Yahoo (NASDAQ:YHOO) on Wednesday disclosed a security breach that it believes compromised information on […]
Search advertising giant Google (NASDAQ:GOOG) (NASDAQ:GOOGL) has acquired smartwatch platform startup Cronologics for an undisclosed sum. The acquisition was likely an “acqui-hire,” bringing Cronologics’ cross-platform operating system knowledge in-house. Expect some upgrades and input from […]
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