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.
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.”
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.
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.
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.
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.
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.
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.
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.”
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.
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.
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.