By Christian Zibreg on Dec 8, 2016
Spotify, the world’s top on-demand music service, is not buying Berlin, Germany-headquartered audio distribution platform SoundCloud after all, TechCrunch has learned.
Spotify has reportedly given up on its latest effort to buy SoundCloud realizing, after months of talks, that any such deal would probably negatively impact its impending initial public offering (IPO) and expected expansions in China, Russia and South Korea. Read More
By Christian Zibreg on Dec 7, 2016
Fitbit, the maker of popular activity and fitness trackers, has officially acquired Pebble. The deal was finalized this morning, both companies have said.
The acquisition includes all of Pebble’s software assets, but excludes any hardware. Yup, that’s right—looks like the Pebble smartwatch is officially dead.
“Due to various factors, Pebble is no longer able to operate as an independent entity,” the company said. “We have made the tough decision to shut down the company and no longer manufacture Pebble devices.” Read More
By Cody Lee on Nov 7, 2016
Apple has acquired talent and technology from defunct streaming music startup Omnifone, reports TechCrunch. It’s not a full buyout, so you’re not going to see the usual “Apple buys smaller companies from time to time” statement, but the outlet says it’s hired at least 16 of their employees and purchased select technology. Read More
By Christian Zibreg on Nov 2, 2016
U.S. wireless carrier AT&T recently announced it had agreed to buy Time Warner in a blockbuster deal valued at more than $85 billion.
Apple reportedly approached the media giant recently about a possible deal, but the discussions were only preliminary and didn’t move forward.
With the AT&T-Time Warner merger requiring regulatory approval that could take months, things could easily change so no wonder watchers have been keeping their fingers crossed for Apple to step in and make a rival bid for Time Warner.
However, “Apple is not interested in buying Time Warner at present,” people familiar with the thinking at the company told CNBC on Wednesday. Read More
By Cody Lee on Oct 5, 2016
Samsung has agreed to acquire Viv, the next-gen AI assistant that was developed by Siri co-founders Dag Kittlaus and Adam Cheyer. TechCrunch reports that it will continue to operate as an independent company, providing services to Samsung and its platforms.
Viv made numerous headlines earlier this year, when the team demonstrated the power of its assistant. In one scenario, it was able to successfully order a pizza over the Internet customized with toppings from several employees with a few simple voice commands. Read More
By Cody Lee on Sep 28, 2016
Spotify is in advanced talks to acquire SoundCloud, reports the Financial Times. The streaming music service believes the buyout could help it better compete with competitors like Apple Music thanks to its large library of exclusive and user-created content. Read More
By Cody Lee on Sep 22, 2016
Apple has acquired an India/US-based machine learning startup known as Tuplejump, reports TechCrunch. The company has essentially confirmed the buyout, offering up its typical “Apple buys smaller technology companies” statement.
This is the iPhone-maker’s third publicly-known purchase of a machine learning company within the last year. Remember it bought out artificial intelligence startup Perceptio at the end of last year, and Seattle-based Turi a few months ago. Read More
By Christian Zibreg on Aug 23, 2016
In a newsworthy move that in all likelihood makes lots of sense, the photo sharing service Pinterest has acquired Pinterest, the popular app and web service for saving webpages to read later.
According to the announcement, Pinterest will continue to develop and maintain the mobile Instapaper app, available at no charge on the App Store. Read More
By Christian Zibreg on Aug 22, 2016
Apple has acquired another small startup, called Gliimpse, that has built a secure software platform for users to manage and share their own medical records, Fast Company learned Monday.
The acquisition reportedly happened earlier this year, but Apple’s been quiet about it and has now issued its usual non-denial, saying: “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.” Read More
By Cody Lee on Aug 5, 2016
Apple has acquired machine learning and artificial intelligence startup Turi, reports GeekWire. Citing sources close to the deal, the outlet says the purchase price was somewhere in the neighborhood of $200 million, and the team will stay on and continue its work.
Turi, formerly Dato, builds platforms for developing intelligent applications using machine learning technology. Its products are used by a number of Fortune 500 companies for fraud detection, recommendation engines, lead scoring and other predictive capabilities. Read More
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
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
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
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
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
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
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
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
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