By Christian Zibreg on Feb 20, 2017
Hot on the heels of multiple reports calling for some sort of facial recognition on iPhone 8 to potentially augment or supplant Touch ID, news reaches us that Apple has acquired RealFace, a machine learning and facial recognition company hailing from Israel.
The Tel Aviv-based startup, founded in 2014 by Adi Eckhouse Barzilai and Aviv Mader, was bought for $2 million, according to the Times of Israel. Hebrew-language financial outlet Calcalist pegged the deal’s value at several millions dollars. RealFace is innovating user authentication with what it calls the worlds leading facial recognition technology. Read More
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 Nov 14, 2016
Galaxy maker Samsung today announced it is purchasing Harman International for $112.00 per share in cash in a deal valued at approximately $8 billion. If the deal goes through, it’ll be Samsung’s largest acquisition to date. With the purchase of Harman Samsung is essentially buying a competitive advantage as it looks to take on Apple’s rumored Project Titan and the CarPlay platform, Android Auto and other automotive systems. 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 Oct 23, 2016
Following reports that AT&T, the nation’s second-largest wireless carrier, held talks regarding a possible acquisition of Time Warner, AT&T has now formally confirmed that it will be purchasing the entertainment conglomerate in a stock-and-cash transaction valued at $107.50 per share. The purchase price implies a total equity value of $85.4 billion and a total transaction value of $108.7 billion.
The agreement has been approved unanimously by the boards of directors of both companies. It gives AT&T access to Time Warner’s precious media properties like CNN, HBO, TNT and Warner Bros, as well as films like Harry Potter, Batman, Superman and next-generation super hero movies being developed by DC Comics.
The blockbuster merger, pending regulatory approval and closing before year-end 2017, will create a unique company that’ll “define the future of media and communications”. Read More
By Christian Zibreg on Oct 22, 2016
U.S. wireless carrier is buying media entertainment conglomerate Time Warner for a reported $80 billion as consolidation continues in media and technology industries. AT&T has reportedly agreed to pay $107.50 a share in a half-cash, half-stock deal, The Wall Street Journal reported Saturday. Time Warner, which does not have a controlling shareholder, reported $28 billion in 2015 revenue.
The media giant had a market capitalization of $68 billion before rumors of a possible takeover bid. AT&T currently has a market capitalization of more than $230 billion. Read More
By Christian Zibreg on Oct 21, 2016
AT&T, the second-largest carrier in the United States, is in advanced talks with media giant Time Warner about a possible merger and Apple “is now monitoring the situation”, people familiar with the matter told the Wall Street Journal. The Cupertino-based gadget maker was first mentioned as a possible suitor for a Time Warner takeover back in January of this year.
According to WSJ, Apple a few months ago approached Time Warner “about pursuing a combination”, but the discussions didn’t progress “beyond a preliminary stage.” 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