acquisition

Uber is reportedly trying to buy Postmates

adamkaz via Getty Images Uber might have missed its chance to buy Grubhub, but it might not go away empty-handed. New York Times sources claim Uber has made an offer to buy Postmates. The talks are still in progress and aren’t guaranteed to lead to a union, but negotiations are reportedly close enough that a …

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UK’s antitrust watchdog is investigating Facebook’s purchase of Giphy

Sponsored Links Giphy Facebook bought Giphy last month, and it caused a stir. Sentiments toward Facebook have been shifting over the years, and the GIF sharing site falling into the hands of the company that also owns WhatsApp and Instagram was a disappointment for some. (There were also concerns of Giphy embeds sending personal data …

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Grubhub sells itself to Just Eat to create a food delivery giant

Sponsored Links Noam Galai/Getty Images The food delivery world is about to get a bit smaller. Just Eat Takeaway.com (Just Eat to most people) is buying Grubhub in a deal worth $7.3 billion. The merger will create the largest online food delivery outlet outside of China, according to the companies, and will focus on US, …

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Apple buys an AI startup to improve Siri’s data

Sponsored Links Chris Schodt/Engadget Apple is continuing its string of AI startup acquisitions, this time to improve Siri’s performance. The company has confirmed to Bloomberg that it recently acquired Inductiv, a Waterloo, Ontario, Canada-based company that uses AI to correct data — which, in turn, improves machine learning. The company didn’t elaborate on its plans …

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Coinshares Acquires Gabi Trading: New Unit Traded $3 Billion Worth of Crypto in 2019

Coinshares on Thursday launched its trading business, Coinshares Capital Markets (CSCM), reporting that the unit traded over $3 billion worth of cryptocurrency in 2019 and $1.5 billion during the first quarter of 2020. The UK digital asset manager is basically rebranding Gabi Trading, a business that it is in the final stages of acquiring, according …

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Intel is reportedly close to buying transit app creator Moovit

Sponsored Links Rafael Henrique/SOPA Images/LightRocket via Getty Images Intel’s autonomous driving ambitions may soon get a boost from a well-known app developer. Calcalist, The Marker and TechCrunch sources claim Intel is close to acquiring transit app developer Moovit in a deal that would be worth around $1 billion. The deal would reportedly fold Moovit into …

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