#acquisition
Business
Salesforce is acquiring Slack for $27.7 billion, set to take on Microsoft
Syed Ali -
Salesforce Inc is all set to acquire the workplace messaging software Slack, the CRM famed company announced on Tuesday. The step would merge both companies into a single tech giant ready to compete with Microsoft. According to the official press release,...
Business
BuzzFeed acquires HuffPost from Verizon Media
HuffPost and BuzzFeed have stuck a stock deal. Under the arrangement, the American news aggregator - HuffPost, owned by Verizon Media - will now become part of BuzzFeed, The Wall Street Journal reported on Thursday. As part of this acquisition, Verizon Media,...
Business
NVIDIA is acquiring Arm in $40 billion deal from SoftBank
NVIDIA on Monday has announced it is buying the world's leading chip designer and technology provider, Arm Holdings, from SoftBank with a deal of worth around $40 billion. This will be the largest ever deal in the semiconductor industry. Out...
Startups
VMWare acquiring network security firm Lastline
VMware, a well known American publicly traded software company, has announced its intent to acquire Lastline, an anti-malware cybersecurity company, for research and to yield innovative security capabilities. The deal will close by July 31, and the startup has...
Apple
Apple acquired Dark Sky weather app, set to remove from Play Store by July 1
Dark Sky, a popular hyperlocal weather app and data collection service, has joined Apple to reach far more people with far more impact than ever thought. Dark Sky is one of the most accurate information sources of hyperlocal weather...
Business
Intuit is buying Credit Karma for $7.1 billion, its biggest acquisition
Intuit, a US-based leading financial software company, is intending to acquire Credit Karma — another leading multinational personal financing company for $7.1 billion in cash and stock. The deal would mark the biggest acquisition in the history of Intuit, which will...
Twitter
Chroma Labs has officially joined Twitter. Is Twitter coming up with its own Stories?
Chroma Labs has officially announced that the company is shutting down its business immediately, and the team is joining Twitter. Kayvon Beykpour, the product lead at Twitter, confirmed the news of acquisition in his tweet saying Chroma Labs squad is joining its product, design,...
Latest News
A Rundown of AI Gaffes in 2024
In 2024, several AI systems encountered significant gaffes. Chatbots provided misleading information on sensitive topics, and AI generated racially...