Mergers and acquisitions
Meta acquires intelligent agent firm Manus, capping year of aggressive AI moves
The logo of Meta is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Gonzalo Fuentes | Reuters Meta Platforms said Tuesday that it has acquired Manus, a Singapore-based developer of general-purpose AI agents, as the tech giant continues its […]
Read More
Roomba’s bankruptcy may wreck a lot more than one robot vacuum maker
Medianews Group/boston Herald Via Getty Images | Medianews Group | Getty Images Los Angeles resident Ruth Horne, 76, enticed by a bargain, bought what she thought was a Roomba to vacuum her house, but the experience ended in frustration. “It kept getting stuck somewhere and would then just go around in circles,” Horne said. She […]
Read More
Startup backed by Altman, JPMorgan announces capital lending partnership with Amazon
Slope, a lending startup that uses artificial intelligence to vet businesses, is partnering with Amazon starting Tuesday to provide a reusable line of credit to Amazon sellers, backed by a JPMorgan Chase credit facility, the company told CNBC exclusively. The new relationship means eligible U.S. Amazon vendors can apply for and access capital directly through […]
Read More
SpaceX insider share sale sets $800 billion valuation amid possible IPO, Reuters reports
A SpaceX Falcon 9 rocket is prepared for launch carrying NASA’s IMAP mission, which will study the boundary of the Sun’s heliosphere and other scientific payloads, at the Kennedy Space Center in Cape Canaveral, Florida, U.S., Sept. 23, 2025. Joe Skipper | Reuters SpaceX is preparing to go public next year and has opened a […]
Read More
Nvidia supplier SK Hynix eyes U.S. listing as it expands on the AI boom
Illustration of the SK Hynix company logo seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images South Korea’s SK Hynix on Wednesday confirmed that it is weighing a U.S. listing as the memory chipmaker’s valuation soars on global demand for artificial intelligence hardware. The company at the center of the AI […]
Read More
Ford to use Renault tech, plants to battle cheap Chinese EVs in Europe
CEO of Ford Jim Farley and CEO of Renault Group Francois Provost react during a press conference as Renault Group and Ford announce the formation of a strategic partnership for passenger and commercial vehicles, in Paris, France, Dec. 8, 2025. Tom Nicholson | Reuters Renault will jointly develop small, cheaper electric vehicles for Ford for […]
Read More
EU Commission clears Mars’ $36 billion Kellanova deal
Packages of Pringles potato-based chips manufactured by Kellanova are displayed for sale at a warehouse grocery store in Hawthorne, California on Dec. 2, 2025. Patrick T. Fallon | AFP | Getty Images The European Commission has approved Mars’ $36 billion bid to acquire Pringles maker Kellanova, it said on Monday, after opening a full-scale investigation […]
Read More
‘China’s Nvidia’ Moore Threads surges over 400% on trading debut after $1.1 billion listing
An illustration photo shows Moore Threads logo in a smartphone in Suqian, Jiangsu Province, China on October 30, 2025. Cfoto | Future Publishing | Getty Images Shares of Moore Threads, a Beijing-based graphics processing unit (GPU) manufacturer often referred to as “China’s Nvidia,” soared by more than 400% on its debut in Shanghai following its […]
Read More
Anthropic reportedly preparing for one of the largest IPOs ever in race with OpenAI: FT
Anthropic, the AI startup behind the popular Claude chatbot, is in early talks to launch one of the largest initial public offerings as early as next year, the Financial Times reported Wednesday. For the potential IPO, Anthropic has engaged law firm Wilson Sonsini Goodrich & Rosati, which has previously worked on high-profile tech IPOs such […]
Read More
‘Rush Hour 4’ revived after Trump urged Paramount Skydance to resurrect franchise, reports say
Actors Chris Tucker and Jackie Chan arrive to the premiere of “Rush Hour 3” at Mann’s Chinese Theater on July 30, 2007 in Hollywood, California. Jeff Vespa | WireImage | Getty Images Paramount is reviving “Rush Hour 4” nearly two decades after the last installment — a comeback pushed forward after President Donald Trump urged […]
Read More