Verizon to buy struggling Internet giant Yahoo for a reported $4.83 billion

By Christian Zibreg on Jul 25, 2016

Monday, both Yahoo and Verizon Wireless said that the nation’s leading wireless carrier will be buying Yahoo’s operating business for a reported $4.83 billion. The transaction, pending regulatory and shareholder approvals, should grant the carrier over one billion total monthly search users while giving the two companies more than two dozen media and advertising brands, to be added to the AOL network, plus an email service with 225 million monthly active users. Read More

 

Japan’s SoftBank is buying iPhone CPU supplier ARM for a reported $32 billion

By Christian Zibreg on Jul 18, 2016

Japan’s carrier SoftBank has announced it will be purchasing British fabless semiconductor maker ARM Holdings plc for a reported $32 billion, which is around a 43 percent premium on its closing market value of $22.25 billion on Friday. ARM confirmed the deal (PDF download) on Monday.

According to the statement, ARM’s board is expected to recommend shareholders accept the offer. Apple is an investor in ARM and licenses its technology as a basis for custom CPU designs for its own A-series chips which power iOS devices. Read More

 

NYT music reporter claims Apple won’t be acquiring Tidal after all

By Christian Zibreg on Jul 1, 2016

The Wall Street Journal ran a story yesterday claiming that Apple was in “exploratory talks” to acquire music service Tidal, which rap mogul Jay-Z bought in March 2015 for a reported $56 million.

Ostensibly, Apple’s interest in Tidal revolves around its strong ties to artists: since the Jay-Z deal, Tidal has given 19 famous artists small stakes in the firm.

The Journal article cautioned that the current discussions might not result in a deal and now Ben Sisario, a music reporter at The New York Times, cited “two highly placed sources” as saying that Apple won’t be buying Tidal anytime soon. Read More

 

Apple said to be in talks to acquire streaming music service Tidal

By Cody Lee on Jun 30, 2016

Apple is in talks to acquire the streaming music service Tidal, reports The Wall Street Journal. Citing people familiar with the matter, the outlet says the iPhone-maker is exploring the idea because of the service’s strong ties to artists.

Rap mogul Jay-Z bought Tidal in March 2015 for $56 million, and has since given 19 famous artists small stakes in the company. The current talks with Apple may not result in a deal, and it’s unknown what terms have been discussed. Read More

 

Microsoft is buying LinkedIn for $26.2 billion

By Christian Zibreg on Jun 13, 2016

Windows giant Microsoft on Monday announced it’s purchasing business-oriented social networking service LinkedIn for a cool $26.2 billion. Microsoft CEO Satya Nadella said in a message to troops that he’s been learning about LinkedIn for some time “while also reflecting on how networks can truly differentiate cloud services.” LinkedIn has a network of more than 433 million business professionals, meaning Microsoft would be paying an average of about $60 per user. Read More

 

Future Fitbit devices to gain support for NFC-based contactless payment technology

By Christian Zibreg on May 19, 2016

Fitbit, which makes fitness accessories, activity trackers and other wearable devices, just acquired payments hardware firm Coin, signaling its intent to enrich its product lineup with contactless payment features. That’s right, your next Fitbit fitness tracker may let you pay for in-store purchases. Read More

 

iPhone manufacturer Foxconn buys Nokia feature phone business from Microsoft

By Christian Zibreg on May 18, 2016

iPhone manufacture and the world’s largest contract fabricator, Foxconn, has made an interesting purchase, snagging the Nokia feature phone business from Microsoft for a paltry $350 million with a little help from private equity backed HMD Global.

Nokia’s feature phones, which are powered by the Series 30+ operating system, once were its bread and butter—especially in pre-smartphone days. Read More

 

Tim Cook talks Didi acquisition during China trip

By Christian Zibreg on May 16, 2016

Apple CEO Tim Cook visited an Apple Store in Beijing this morning with Liu Qing, president of Didi Chuxing, the company the iPhone maker invested an astounding $1 billion in.

Also called the Chinese Uber, Didi is a ride sharing service and Apple’s investment comes at a time when the Cupertino firm is widely rumored to be secretly working on an electric car project. Cook said Apple and Didi both shared concerns for the environment.

He also revealed, according to China Daily, that app developers in China have now earned over $7 billion, half of which came in the past twelve months alone. Read More

 

Nokia is buying French health tracking company Withings for a reported $192 million

By Christian Zibreg on Apr 26, 2016

Nokia said this morning that it’s buying French health tracking company Withings for a reported €170 million, or about $192 million, as it looks to gain a foothold in the competitive digital health market.

Withings, which designs, builds and sells wearables with health and fitness tracking features, as well as devices for the connected home such as smart weighing scales, thermometers, blood pressure monitors, home and baby monitors and so forth, will become part of Nokia’s Technologies business. Read More

 

iPhone manufacturer Foxconn buys Apple supplier Sharp in a $3.5 billion deal

By Christian Zibreg on Mar 30, 2016

It’s finally official: the world’s leading contract fabricator, Foxconn, which assembles iPhones and other products for Apple and other consumer electronics companies, has purchased the struggling Japanese giant Sharp, one of Apple’s display panel suppliers, in a deal valued at a reported $3.5 billion.

As reported today by The Wall Street Journal, Foxconn believes this transaction will improve its position on the technology value chain and has plans to expand Sharp’s production capacity and invest in the production of OLED screens that future iPhones are expected to adopt. Read More

 

Facebook acquires company behind popular face swapping app MSQRD

By Cody Lee on Mar 9, 2016

Facebook on Wednesday announced that it has acquired the popular face swapping app MSQRD, and the company behind it, Masquerade. The terms of the deal are unknown, but it’s being reported that the founders will be joining Facebook.

For those of you who aren’t familiar with the app, MSQRD allows you to apply various filters and effects to your photos and videos—not unlike Snapchat’s ‘lenses.’ You can apply masks, hats and other accessories, or simply swap faces with others. Read More

 

GoPro is buying powerful iPhone video-editing apps Replay and Splice

By Christian Zibreg on Mar 1, 2016

GoPro, an American manufacturer of action cameras that are popular in extreme-action videography, has acquired two mobile video editing apps, Replay and Splice.

In a media release yesterday, GoPro said that merging these apps into its mobile strategy will help them deliver powerful mobile editing solutions to GoPro customers “and billions of smartphone users,” indicating the apps will continue to be available in the App Store.

In fact, both apps will be coming to Android later this year, said GoPro. Read More

 

WSJ: iPhone contract manufacturer Foxconn is delaying the signing of Sharp takeover agreement

By Christian Zibreg on Feb 26, 2016

As previously reported, Apple’s favorite contract manufacturer Foxconn has made a $6.2 billion bid to acquire the ailing Japanese consumer electronics maker Sharp, which has been in the business for a cool 103 years now. Although Sharp’s board has made the decision to accept the offer last Thursday, it seems the acquisition is not a done deal after all.

As reported Friday by The Wall Street Journal, Foxconn is reportedly delaying the signing of the takeover agreement after it had been “surprised” by new information Sharp had disclosed just a day before. Read More

 

Foxconn to acquire Sharp for $6.2 billion

By Cody Lee on Feb 24, 2016

Apple partner Foxconn is set to acquire Sharp for roughly 700 billion yen (or $6.2 billion USD), reports Nikkei Asian Review. The outlet says that Sharp’s board voted on Thursday morning to accept the offer, and plans to restructure its operations under the Hon Hai umbrella.

The deal, which has not been officially announced yet, comes after years of failed negotiations between the two companies. Foxconn has made several attempts to acquire the struggling electronics giant, or large pieces of it, with the latest offer of $5.3 billion coming in January. Read More

 

SwiftKey acquired by Microsoft for $250 million

By Cody Lee on Feb 2, 2016

Microsoft is buying out software keyboard maker SwiftKey, according to a report from The Financial Times. The deal is said to be worth $250 million, and the two companies are expected to officially announce the acquisition later this week.

While Microsoft has shown interest in the mobile keyboard space, the report claims that the purchase is all about AI. SwiftKey uses artificial intelligence to predict the next word a user is going to type based on an analysis of their writing style. Read More

 

Zagg acquires battery case maker Mophie for $100 million

By Cody Lee on Feb 2, 2016

Zagg has acquired popular battery case maker Mophie, the two companies announced on Tuesday. The Utah-based accessory giant has agreed to pay $100 million for Mophie, plus any EBITDA adjustments over that amount for the next year, in cash and debt.

In a press release sent out this afternoon, Zagg said that the transaction will leverage the unique strength of two “industry leaders” in the mobile accessories sector to create a business with greater product diversification and improved operational capabilities. Read More

 

Apple acquires education startup LearnSprout

By Cody Lee on Jan 28, 2016

Apple has acquired education-technology startup LearnSprout, reports Bloomberg. The outlet has received confirmation of the buyout with the boilerplate statement, “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.”

Terms of the deal are not known at this time, but we do know that the San Francisco-based LearnSprout has raised more than $4 million from investors. The company specializes in education tracking and analytical software, which it has rolled out to more than 2,500 US schools. Read More

 

Foxconn makes a $5.3 billion offer to buy ailing iPhone display supplier Sharp

By Christian Zibreg on Jan 21, 2016

The Wall Street Journal has it on good authority that Foxconn, the world’s biggest contract fabricator that assembles products for Apple and other companies, is buying Sharp, an iPhone display supplier.

Sharp has been in financial crisis for several years and banks have bailed it out twice in three years.

Foxconn has reportedly offered approximately ¥625 billion, or about $5.3 billion, to acquire Sharp. Back in 2013, Foxconn was supposed to buy a large stake in Sharp, but the deal quickly collapsed over share price dispute. Read More

 

Apple reportedly buys artificial intelligence startup Emotient

By Christian Zibreg on Jan 7, 2016

Apple has reportedly purchased Emotient, Inc., a privately held San Diego-based artificial intelligence startup, according to Dow Jones. No price was given for the deal. Emotient, according to its website, is the leader in emotion detection and sentiment analysis.

The company’s products are used for gauging emotional response by way of measuring facial expressions, allowing it to basically read people’s emotions from live video. Read More

 

Google acquires iPhone app-maker Fly Labs for its Photos team

By Cody Lee on Nov 6, 2015

Fly Labs, the maker of popular photo and video editing apps for iOS, announced on Friday that it’s been acquired by Google. The company’s software library includes apps like Clips, Tempo, Crop, and Fly, which made Apple’s ‘Best of the App Store’ list in 2014.

Terms of the deal were not disclosed, but we do know that the folks at Fly Labs will be joining the Google Photos team and plan on pulling their apps from the App Store in 3 months. As a peace offering, they have made all of their apps free with no IAPs until then. Read More

 
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