GrokStyle, a startup which enables users to find the product online just by capturing its photo, has now been acquired by Facebook. The acquisition...
Acquisitions
Visa is buying cross-border payment service provider Earthport for $250 million
International payments giant Visa, has announced that it is acquiring Earthport for £198 million ($250.6 million). Earthport is a company that...
Softbank eyeing majority stake in WeWork with fresh investment
Looking to double down its bet on an increasingly loss-making WeWork, a fresh report from Reuters suggests that the Japanese conglomerate is looking...
Tata Communications acquires Netherlands-based IoT and Mobility company Teleena
Furthering its global digital ambitions, Tata Communications has today announced yet another acquisition. This time, the company is taking over...
SiriusXM is planning to acquire Pandora for $3.5 Billion
In what has the potential to feature among the larger acquisitions of 2018, SiriusXM has expressed it’s interest in purchasing Pandora for a...
Apple acquires Shazam for $400 Mn, promises to remove advertisements shortly
Apple has finally announced its acquisition of music recognition app, Shazam. The tech giant is shelling out a rather significant $400 million for...
Flipkart employees to reap acquisition dividends as Walmart looks to buy $800 Mn worth of ESOPs
Flipkart’s employees are in for some huge dividends for their continued faith and dedication to the company. As a part of the Wlamart...
Binny Bansal underscores the “Walmart overpaid for Flipkart” chatter
Earlier this year, India-based online marketplace Flipkart was acquired by US-based retail giant Walmart in a deal worth $16 billion. Many believed...
Flipkart eyes stake in Hotstar, reports Mint
Having successfully employed video as a strategy to attract Internet consumers to its business, Walmart-owned Flipkart is now eyeing a bigger role in...
Salesforce Billionaire Marc Benioff is buying Time Magazine in a $190 Mn all-cash deal
In what will be yet another media takedown by a technology tycoon, Meredith Corporation, owners of the “Time” magazine brand, have...