Amazon Said to Make a Bid to Buy TikTok in the U.S.(nytimes.com) Amazon has put in a last-minute bid to acquire all of TikTok, the popular video app, as it approaches an April deadline to be separated from its Chinese owner or face a ban in the United States, according to three people familiar with the bid.
China Halts Panama Port Sale to BlackRock(gcaptain.com) Hong Kong conglomerate CK Hutchison, led by tycoon Li Ka-shing, will not sign a deal next week to sell its two strategic ports at the Panama Canal to a BlackRock-led group, the South China Morning Post reported on Friday.
Elon Musk Merges AI with X: Implications(katherinewrites.com) Elon Musk has announced today that his artificial intelligence company, xAI, has acquired X (formerly Twitter) in an all-stock transaction valued at $33 billion, with xAI's valuation reaching $80 billion (xAI was valued at around $50 billion in a financing round last year and according to Bloomberg, last month the company was in talks to raise funds at a $75 billion valuation).
Elon Musk's AI Company Acquires X in $45B Deal(hollywoodreporter.com) Elon Musk said Friday that xAI, his artificial intelligence company, had acquired X in an all-stock transaction that values xAI at $80 billion and X at $33 billion ($45 billion, his original take-private price, minus $12 billion in debt).
Yahoo Is Selling TechCrunch(theverge.com) TechCrunch has a new owner, again. Yahoo has sold the tech news site to the private equity firm Regent for an undisclosed sum, according to an announcement on Friday.
Bending Spoons acquires komoot(yahoo.com) Technology company Bending Spoons today announced that it has closed the acquisition of komoot, the Germany-based route-planning platform for adventurers and outdoor enthusiasts worldwide.
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SoftBank Group to Acquire Ampere Computing for 6.5B(group.softbank) (TOKYO, Japan) and (Santa Clara, CA) – SoftBank Group Corp. (TSE: 9984, “SoftBank Group”) today announced that it will acquire Ampere® Computing, a leading independent silicon design company, in an all-cash transaction valued at $6.5 billion.
Google announces agreement to acquire Wiz(google) Google LLC today announced it has signed a definitive agreement to acquire Wiz, Inc., a leading cloud security platform headquartered in New York, for $32 billion, subject to closing adjustments, in an all-cash transaction.
Alphabet in Talks to Buy Cloud Security Firm Wiz for $33B(bloomberg.com) Alphabet Inc. is in talks to purchase cloud-security company Wiz Inc. for $33 billion, restarting discussions that were called off last summer after extended negotiations, according to people familiar with the matter.