Reid Hoffman is stepping down from Microsoft‘s board of directors after nearly a decade. The company disclosed the departure in a regulatory filing on Thursday. Hoffman said he wants to go “founder mode” with Manus, his AI-powered drug discovery startu…
In 2023, Meta fought an eight-month antitrust battle with the Federal Trade Commission for the right to acquire Within, the studio behind the VR fitness app Supernatural. The deal was reportedly worth around $400 million. Mark Zuckerberg even testified…
Salesforce has signed a definitive agreement to acquire Contentful, the API-first headless content management platform used by more than 4,800 enterprises to deliver digital experiences across web, mobile, and emerging channels. The deal, announced on …
CoStar Group has agreed to acquire Zonda, the leading provider of new-home construction data, homebuilder software, and residential real estate marketplaces, for $800 million in cash. The deal, announced on Thursday, is expected to close in the second …
Asana has acquired Stack AI, a no-code platform for building AI agents that operate across enterprise systems like Salesforce, Slack, and Google Workspace. The deal, reported at $75 million, was announced on 28 May after market close, timed to coincide…
Analog Devices has agreed to buy Empower Semiconductor for $1.5 billion in cash, placing a major bet that the insatiable energy demands of AI data centres will keep chipmakers scrambling for better power-delivery technology. The deal, announced on Mond…
SpaceX expects to complete its $60 billion acquisition of AI coding startup Cursor roughly 30 days after it begins trading publicly, according to Bloomberg, a timeline that would place the deal in July if the company’s blockbuster IPO proceeds on sched…
Intercontinental Exchange, the parent company of the New York Stock Exchange, is preparing to launch futures contracts tied to the cost of computing power, marking the latest sign that Wall Street sees AI infrastructure as the next great commodity ma…
Panasonic Projector & Display Corporation has acquired 100% of the issued shares of UK-based HIVE Media Control, the company behind the award-winning BeeBlade media server platform. The deal signals a decisive shift in Panasonic’s strategy, moving …
AMD CEO Lisa Su sat down with Chinese Vice Premier He Lifeng at the Great Hall of the People in Beijing on Monday, a meeting that underscores how US chipmakers are scrambling to protect their foothold in the world’s second-largest semiconductor marke…