After years of declining subscriber numbers and falling revenue, Bumble just agreed to a $1.3 billion acquisition.
The roughly $110 billion deal is expected to close October 6.
Glass Imaging was founded by a pair of former Apple engineers who previously led the team that developed Apple’s Portrait Mode.
Bending Spoons is buying Miro for $1.36B, a huge dip in valuation for the workplace collaboration startup, which was valued at $17.5B in late 2021.
Fox’s $22 billion plan to buy Roku has hit a new hurdle. The Justice Department sent Fox and Roku what’s known as a “second request” on Tuesday, asking the companies to turn over more data and documents as it takes a closer look at the deal. That’s a f…
The acquisition also leaves Sequoia-backed Serval as the de facto startup leader in AI IT service automation, industry watchers believe.
GoPro is merging with a company that builds AI infrastructure, and will continue supporting existing consumer products.
Joby Aviation reached an agreement to acquire Resonant Sciences, which will kick off its new defense business.
SoundCloud has acquired decentralized music platform Nina Protocol, months after the startup announced it would shut down. The deal brings Nina’s artists, editorial archive, and music discovery tools to SoundCloud as the company continues expanding its…
Stripe and private equity firm Advent International have reportedly submitted a joint bid to acquire PayPal in a deal valued at approximately $53.4 billion. Reuters reports that the offer was submitted earlier this month and is backed by roughly …