Elon Musk misled Twitter investors while trying to get out of acquisition, jury says
At the time, Musk had tweeted that Twitter had too many bots, which is why he was trying to renege on his commitment to buy the company.
Mergers and Acquisitions
Webflow buys AI content-generation platform Vidoso to bolster its marketing suite
Founded in 2024, Vidoso uses large language models to help organizations generate marketing collateral like images, presentations, video clips, blog posts, and social media content.
Ride-hailing inDrive acquires Pakistan’s Krave Mart to bolster grocery delivery
inDrive has closed its acquisition of KraveMart, expanding grocery delivery in a market dominated by Foodpanda.
Zendesk acquires agentic customer service startup Forethought
Forethought was years ahead of its time and the 2018 winner of TechCrunch Battlefield.
Netflix may have paid $600 million for Ben Affleck’s AI startup
This deal could rank as among the streaming giant’s largest acquisitions ever.
Google wraps up $32B acquisition of cloud cybersecurity startup Wiz
Google has officially acquired Israeli cybersecurity firm Wiz for $32 billion in all-cash, a full year after the companies announced the deal. This marks Google’s biggest acquisition in its history.
Meta acquired Moltbook, the AI agent social network that went viral because of fake posts
Meta says that Moltbook’s approach to “connecting agents through an always-on-directory” is novel.
Life EV officially owns Rad Power Bikes now
The Rad Power brand is expected to live on.
Oura acquires Doublepoint, a startup that specializes in gesture recognition technology
The company believes its next phase of wearable AI will be powered by a combination of voice and gesture.
Paramount+ and HBO Max to merge into one streaming service after WBD deal closes
If the Warner Bros. Discovery deal were to close, Paramount CEO David Ellison revealed that Paramount+ and HBO Max would combine into one platform.