Startups
DoorDash is acquiring Instacart for $17 billion
DoorDash is acquiring Instacart in a deal valued at approximately $17 billion to expand its online grocery delivery capabilities.
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Startups & Funding
Mergers & Acquisitions
Venture capital, funding rounds, mergers and acquisitions, and startup launches.
Startups
Digital Science acquires Jenni AI to bring verified research data to AI-powered academic writing
UK-based Digital Science has acquired Jenni AI to integrate verified research data into AI-powered academic writing.
Startups
Freshworks acquires Israel-based AI startup Robusta Dev
Freshworks has acquired Robusta Dev, an Israel-based AI startup specializing in incident intelligence and root cause analysis.
Startups
Bengaluru-based Inkle acquires Finally’s bookkeeping arm, expands team to 160
Bengaluru-based AI accounting firm Inkle has acquired the bookkeeping arm of Finally to expand its client base and workforce.
Startups
Marvell in advanced talks to buy Lumentum: Bloomberg News
Marvell is reportedly in advanced discussions to acquire Lumentum.
Startups
Freshworks Acquires AI Startup Robusta To Strengthen IT Operations Platform
Freshworks has acquired AI startup Robusta to integrate AI-powered outage investigation and resolution into its Freshservice platform.
Startups
US DOJ is inquiring about Nvidia's purchase of Hugging Face
The US Department of Justice is investigating Nvidia's acquisition of Hugging Face and its general business practices.
Startups
Zillow agrees to pay $212.5M to settle investor lawsuit over failed home-flipping business
Zillow has agreed to pay $212.5 million to settle a shareholder lawsuit over its failed home-flipping business, Zillow Offers, which the company shut down in 2021.
Startups
Bigger than Bing or Xbox: Microsoft’s OpenAI haul reaches $10B in quarterly revenue
Microsoft's OpenAI business generated $10 billion in quarterly revenue, now exceeding Xbox and surpassing most of its legacy product lines.
Startups
Seattle farmworker payroll startup Ganaz acquired as CEO Hannah Freeman steps away
Seattle-based payroll and HR startup Ganaz has been acquired by Toronto-based Beacon Holdings. Co-founder and CEO Hannah Freeman is stepping down from the company.
Startups
Amazon Leo wins FCC approval to buy iPhone satellite partner Globalstar
The FCC has approved Amazon's $11.5 billion acquisition of Globalstar, which provides satellite services for Apple's iPhone emergency features.
Startups
PicoBrew’s patents are back on the market, six years after the Seattle homebrew startup’s collapse
PicoBrew's patent portfolio, including 17 patents and design assets, is being marketed for sale six years after the Seattle homebrew startup's 2020 collapse, with bids due November 18.
Startups
RapidCanvas buys Entytle to sell AI agents to industrial manufacturers
RapidCanvas acquires Entytle, an AI platform serving industrial equipment manufacturers, as it follows a $29M Series B funding round.
Startups
Former T-Mobile CEO Mike Sievert wraps up his run at the wireless giant
Former T-Mobile CEO Mike Sievert is departing the company's board and vice chair role effective November 1, a year after handing the CEO position to Srini Gopalan.
Startups
Anthropic’s IPO filing leaves Ben Mann out of its founder voting group
Anthropic's IPO filing reveals that Ben Mann, co-lead of its Labs team, is excluded from the founder voting group that will control the company post-listing.
Startups
FCC clears Amazon Leo to acquire mobile-satellite operator Globalstar
The FCC has approved Amazon Leo's $11.5 billion acquisition of mobile-satellite operator Globalstar.
Startups
How a grocery merger could expand a surveillance network
Kroger's $1.65 billion acquisition of Giant Eagle could consolidate a significant surveillance network, raising competition and privacy concerns according to the American Economic Liberties Project.
Startups
Anthropic buys a one-person biotech and starts its own drug programmes
Anthropic has acquired Mithril Medicine, a single-founder biotech firm developing rare muscular dystrophy treatments, and launched its own drug discovery efforts.