Airfox, a Boston based fintech company, was acquired by the Brazilian retailer Via Varejo. Two years ago the companies worked together on an online bank application banQi that shows a rise in the user number amid the coronavirus pandemic.
The merger between Travala.com and Binance-backed TravelByBit can lead to creating the largest blockchain-based online booking platform. This merger will also help Travala.com expand the reach and use of its native cryptocurrency AVA.
Using Softomotive’s tools and integrating them with its PowerAutomate platform, Microsoft plans to up its game in the process-automation industry. MSFT stock was down on Tuesday.
Uber stock price rose yesterday but is slightly down in the pre-market after the rideshare company decided to shut down operations in 45 offices and cut 3,000 jobs.
Binance buying Coinmarketcap seems to be just the tip of the iceberg. Something is rotten in the cryptocurrency industry, and it has been this way for some time now.
Facebook has long used Giphy’s application program interface throughout its main Facebook app, Messenger, Instagram and WhatsApp. Now Facebook is acquiring Giphy.
Microsoft (MSFT) stock managed to go slightly up. The company just announced a definitive agreement to acquire the Metaswitch network to deliver on the promise of a better 5G network.
Neither Apple not NextVR disclosed any details of the acquisition but it is known that the sum of the deal made up around $100 million. AAPL stock is in the green.
As per the industry report, Uber and Grubhub are reportedly in talks of possible takeover deal as Uber looks to expand its footprint in the U.S. food delivery market. This acquisition can possibly help Uber to win 55% of the market share.
Bitcasino has joined forces with crypto charity ‘The Giving Block’ to support a virtual relief benefit concert which is raising funds for those adversely affected by the COVID-19 pandemic.
Shares of AMC Entertainment rocketed 47% in active pre-market trading today, as it was reported that Amazon is interested in acquiring the struggling movie theater chain.
Zoom has announced an acquisition of Keybase. In the nearest future, Zoom is planning to provide an end-to-end encrypted meeting mode to all paid accounts. Keybase, for its part, will offer its help to Zoom to develop new capabilities for its platform. ZM stock is rising.
Liberty Global and Telefónica have struck a deal to combine their British operations O2 and Virgin Media in a $38B merger that will reshape the UK’s telecoms market. The two companies announced the deal after five months of negotiations.
The American multinational corporation Intel is going to acquire Moovit for $1 billion. Meanwhile, Intel (INTC) is slightly down in the pre-market.
After claiming CoinMarketCap would be independent after the acquisition, Binance CEO CZ went to Twitter to ask what the community would like to see improved, added, or removed from the site.