Acquisition
Pinterest has bought Instapaper, the app that lets consumers save content to view later
Pinterest has bought Instapaper, the app that lets consumers save content to view later. The deal gives Pinterest access to more behavioral data, enabling it to better target content and upping its capabilities to rival […]
Microsoft Buys Genee, working on AI-developed scheduling solutions
Microsoft has purchased Genee, an AI-powered scheduling tool, for an undisclosed amount. The deal was likely done in cash – unless the company specifically wanted some stock from Microsoft. The plan is for Genee to shut […]
Lyft reportedly struggles in search for buyer
Ride-hailing startup Lyft has approached several companies, including General Motors, Google, Apple, Amazon and Didi Chuxing, about buying it, sources say. The talks with General Motors got further than those with the other companies but […]
Pfizer reportedly close to buying Medivation for $14B
Drugmaker Pfizer has nearly completed negotiations to take over Medivation, maker of a widely prescribed drug for prostate cancer, in a $14 billion cash deal, people familiar with the matter said. The drug, Xtandi, is […]
A Chinese group plans to acquire the Chicago Stock Exchange
A group led by China’s Chongqing Casin Enterprise Group plans to acquire the Chicago Stock Exchange, pending approval by US authorities, with a view to bridging the gap between the nations’ markets and giving Chinese […]
Uber gets ready to roll out self-driving cars
Uber customers in Pittsburgh will be able to have self-driving cars pick them up starting this month. The cars feature cameras, GPS receivers and other types of sensors, and they will be monitored by a […]
Consumer brands will acquire more startups
Big businesses such as Wal-Mart and Unilever have been active in acquiring startups, and the trend is likely to continue, writes Alex Taussig of Lightspeed Venture Partners. Many large consumer-facing companies are suffering from low […]