Startups
Bending Spoons completes its $1.355bn Miro acquisition
Bending Spoons has completed its $1.355 billion acquisition of Miro, an online whiteboard platform used by over 250,000 organisations.
Startups & Funding
Mergers & Acquisitions
Venture capital, funding rounds, mergers and acquisitions, and startup launches.
Startups
Microsoft Is Offering 60,000 Employees Money to Just Go Away
Microsoft is offering a voluntary buyout package to 60,000 employees as an alternative to potential layoffs.
Startups
Faraday Future spins its robot business into a separate Nasdaq company
Faraday Future has divested its robotics division to FF EAI Robotics Ecosystem (FFR), a newly listed Nasdaq company, in an all-share deal valued at approximately $200 million.
Startups
Microsoft offers buyouts to 60,000 employees
Microsoft offers voluntary buyouts to up to 60,000 employees across the US, UK, Canada, and India as part of a cost-cutting strategy.
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Startups
Microsoft makes new ‘voluntary exit’ offer to about a quarter of its workforce, including some execs
Microsoft opens a voluntary exit program to 60,000 employees—about a quarter of its 223,000-person workforce—across the US, Canada, UK, and India, including some executives.
Startups
Instacart is exploring a sale, and Uber has already walked away
Instacart is exploring a sale with preliminary talks held to DoorDash and Uber, with Uber having already declined interest.
Startups
Netflix Reportedly Offered $500 Million for Exclusive Film and TV Rights for Xbox IP Before Deal Fell Through
Netflix and Microsoft reportedly negotiated an exclusive film and TV licensing deal for Xbox IP valued at $500 million, but talks collapsed after leadership changes at Netflix.
Startups
Amazon settles with ex-AWS managers in kickback lawsuit, GeekWire reports
Amazon has settled a lawsuit against two former AWS real estate managers accused of accepting kickbacks on data centre deals, with both men admitting to breaching the company's code of conduct.
Startups
Elon Musk invests about $1bn in David Ellison’s Skydance
Elon Musk has invested approximately $1 billion in Skydance, the media company formed from Paramount and Warner Bros. Discovery assets, according to Semafor.
Startups
Instacart reportedly discussed selling itself with DoorDash and Uber
Instacart has reportedly held discussions about a potential sale to larger competitors DoorDash and Uber, signaling possible consolidation in the food delivery market.
Startups
Instacart in talks for sale: The Information
Instacart is in talks for a potential sale, with shares rising 9% on the news. The grocery delivery platform has a market value of approximately $12 billion.
Startups
Rivian buys startup to turn 400,000 daily clips into 3D sims
Rivian acquired UK-based Third Dimension, a startup founded by former Tesla and Wayve engineers, to develop 3D simulation environments for its self-driving system.
Startups
Icertis veterans reunite as AI startup HumanTronik acquires tech consultancy CloudMoyo
AI startup HumanTronik, co-founded by former Icertis executive Monish Darda, acquired CloudMoyo, a Bellevue-based tech consultancy also founded by early Icertis veterans.
Startups
Bose buys Skullcandy, the cheaper headphone brand already using its sound
Bose has acquired Skullcandy, integrating the consumer audio brand into its Premium Consumer Audio business alongside McIntosh and Sonus faber.
Startups
Explained: Why is Meta creating a new class of non-voting shares amid its AI growth?
Meta is creating a new class of non-voting Class C shares and issuing one for each existing Class A and B share in a two-for-one stock split effective January 2027.
Startups
SK Hynix drops US IPO plan for Solidigm: Report
SK Hynix has abandoned plans for a US IPO of its subsidiary Solidigm, per reports.
Startups
Rivian buys Third Dimension AI to turn real roads into 3D test worlds
Rivian has acquired Third Dimension AI, a startup that converts real-world camera footage into 3D simulations for training autonomous driving software.
Startups
Tonbo Imaging shares make stellar market debut; jump 66%
Defence electronics maker Tonbo Imaging listed on stock exchanges with a 66% premium to its issue price of Rs 700, reaching a market capitalization of approximately Rs 6,200 crore.