[ad_1] “This marks an important milestone in DISH’s evolution as a connectivity company,” Dish CEO and president Erik Carlson said in a statement. “It positions us well as we continue to build out the first virtualized, standalone 5G network in America.” Dish has been attempting to enter the wireless market for years. It tested LTE […]
Category: acquisition
Uber is reportedly trying to buy Postmates
[ad_1] It’s no secret as to why Uber might want to buy Postmates. This would expand its food deliveries and help offset tanking demand for its core ridesharing business. It would also counter Just Eat’s acquisition of GrubHub. We’d add that the two companies are political allies — both are trying to thwart California’s gig […]
Lululemon buys interactive home gym startup Mirror for $500 million
[ad_1] Lululemon is best-known for gym clothes, but the gym isn’t an option in areas hard-hit by the pandemic — so it’s finding a way to foster workouts at home. The company has bought home fitness startup Mirror for $500 million to “accelerate the growth of personalized in-home fitness.” While Lululemon didn’t say how the […]
UK’s antitrust watchdog is investigating Facebook’s purchase of Giphy
[ad_1] 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 back to […]
Grubhub sells itself to Just Eat to create a food delivery giant
[ad_1] The deal is a consolation prize of sorts for Grubhub. As CNBC explained, Grubhub had courted Uber as a potential buyer until talks fell through. Antitrust concerns were reportedly the sticking point — both companies were worried that the combination of two US-based delivery giants might run afoul of regulators, and they couldn’t agree […]
Apple buys an AI startup to improve Siri’s data
[ad_1] 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 and relied on […]
Intel acquires Rivet Networks, the maker of ‘Killer’ WiFi cards
[ad_1] Once upon a time Bigfoot Networks was just a startup promising to lower latency with a “network gaming accelerator,” before delivering its tech under the Killer wireless brand. Its aftermarket NIC measurably outperformed onboard Ethernet ports, and increased anticipation for upcoming wireless hardware as gamers distanced themselves from the routers. Qualcomm bought the company […]
Facebook just bought Giphy | Engadget
[ad_1] Facebook has bought the GIF-sharing service Giphy, which will now be a part of the Instagram team. It plans to integrate Giphy’s library more deeply into Instagram (where GIFs are prevalent in Stories) and other Facebook services. Although Facebook didn’t reveal how much it paid for Giphy, Axios reports that the price was $400 […]
Apple buys virtual reality company NextVR
[ad_1] For the past several years there have been rumors that Apple has been working on an augmented headset, but that device has yet to materialize. In fact, aside from its ARKit framework, which developers can use to create augmented reality experiences for iOS, the company has mostly quiet on the VR and AR front. […]
Intel buys transit app maker Moovit to advance its mobility ambitions
[ad_1] Today, Intel announced that it has acquired the transit app developer Moovit for nearly roughly $900 million, confirming rumors that circulated over the weekend. Used by more than 800 million users and services in over 3,000 cities and 102 countries, Moovit combines info from public transit operators and its user community to provide real-time […]