Mergers And Acquisitions News
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OpenAI's Shopping Spree: Why Buy Windsurf for $3B When You Could Just Steal Cursor and Call It a Day?
In a move that has left the tech world scratching its collective head, OpenAI has decided to drop a cool $3 billion on Windsurf, an AI coding company that, let's be honest, most of us had never hea...
Lyst Loses Its Luster: Fashion Marketplace Once Worth More Than Your Grandma's Antique Vase Sold for Price of a Designer Handbag
In a shocking turn of events that has left the fashion world gasping louder than a Victorian lady in a corset, Lyst, the high-end fashion marketplace once valued at a cool $700 million, ha...
IBM Eats Hakkoda for Breakfast: Another Consultancy Vanishes Into the Corporate Borg
In a move that shocked absolutely no one, IBM has gobbled up another consultancy firm, Hakkoda, because apparently, IBM's hunger for AI and data consultancies is as insatiable as a teenager's appet...
Qualcomm Buys Vietnamese AI Startup's 'Magic 8-Ball' Division for Who Even Knows How Much
In a move that has left everyone scratching their heads but not enough to actually look it up, Qualcomm has acquired the generative AI division of VinAI, a Vietnamese startup that ...