OpenAI buys smartphone camera maker Glass Imaging for $300 million, report says
Glass Imaging was founded by a pair of former Apple engineers who previously led the team that developed Apple’s Portrait Mode.
Mergers and Acquisitions
Superhuman acquires YC-backed notetaker Fathom as productivity platforms push for agentic work
Fathom said that it has over 400,000 monthly active users.
Bending Spoons to buy collaboration tools maker Miro for $1.36B, 90% less than its 2022 valuation
Bending Spoons is buying Miro for $1.36 billion, a huge dip in valuation for the workplace collaboration startup, which was valued at $17.5 billion in late 2021.
DOJ wants more answers on Fox’s $22B Roku deal
Fox’s $22 billion plan to buy Roku has hit a new hurdle. The Justice Department sent Fox and Roku what’s known as a “second request” on Tuesday, asking the companies to turn over more data and documents as it takes a closer look at the deal. That’s a fairly standard step in a major antitrust […]
Palo Alto Networks paid $500M for Thrive-backed Console, sources say
The acquisition also leaves Sequoia-backed Serval as the de facto startup leader in AI IT service automation, industry watchers believe.
GoPro to be acquired for $285M, will remain a public company
GoPro is merging with a company that builds AI infrastructure, and will continue supporting existing consumer products.
Cognition CEO denies report that SpaceX tried to acquire the startup
SpaceX was reportedly in talks to buy AI coding startup Cognition. SpaceX has already acquired Cursor as it races to catch up to rivals like OpenAI and Anthropic in enterprise AI.
SoundCloud acquires decentralized music platform Nina Protocol months after its shutdown
SoundCloud has acquired decentralized music platform Nina Protocol, months after the startup announced it would shut down. The deal brings Nina’s artists, editorial archive, and music discovery tools to SoundCloud as the company continues expanding its platform for independent musicians.
What to know about the landmark Warner Bros. Discovery sale
Learn more about Paramount’s planned acquisition of Warner Bros. Discovery — a historic Hollywood megadeal valued at $111 billion — as it continues to develop.
Stripe and Advent reportedly offered to buy PayPal for around $53.4B
Stripe and private equity firm Advent International have reportedly submitted a joint bid to acquire PayPal in a deal valued at approximately $53.4 billion. Reuters reports that the offer was submitted earlier this month and is backed by roughly $50 billion in committed bank financing. Under the proposal, Stripe and Advent would jointly own PayPal, […]