2023 was a tough year for Samsung, as its profit dropped 85% compared to last year due to low demand for smartphones and memory chips. However, the company hasn’t lost its hopes and is looking to invest even more money to secure its future. One way to secure the future is to acquire promising firms […]
Read MoreApple will likely acquire fitness company Peloton this year, according to a new hedge fund manager forecast. Deepwater Asset Management’s annual forecast for 2024 (via Connect the Watts) claims that Apple is likely to acquire Peloton sometime in 2024. The move would help Apple bolster its Fitness+ subscription service, adding equipment to compliment the Apple […]
Read MoreSamsung Display, the world’s biggest mobile display manufacturer, recently sued Chinese rival BOE and its subsidiaries for stealing trade secrets. Now, Samsung Electronics is trying to keep BOE in check by trying to control the supply chain as much as possible. In a new move, the South Korean firm is trying to acquire LG Display’s […]
Read MoreApple will acquire the major Swedish classical music record label BIS Records, intending to fold it into Apple Music Classical and Platoon. BIS Records was founded in 1973 by Robert von Bahr. The label focuses on a range of classical music, with particular focus on works that are not well represented by existing recordings. It […]
Read MoreMicrosoft’s attempts to buy up Activision-Blizzard continues unabated, with an epic court case against the FTC in the United States. Microsoft is trying to pick up the makers of Call of Duty, Diablo, World of Warcraft, and Candy Crush for an astronomical $69 billion dollars. The deal has been under some intense regulatory pressure across […]
Read MoreThe barrage of June 2023 security updates for Samsung’s smartphones continues this week, with the company now updating the original Galaxy Z Flip and the Galaxy Z Fold 2 with the latest security fixes. Both devices are receiving the June 2023 update in the United Kingdom, with the firmware version being bumped up to F700FXXUCJWF1 […]
Read MoreU.S. carrier T-Mobile today announced that it plans to acquire Mint Mobile, the affordable smartphone brand that is promoted by and backed by actor Ryan Reynolds. Reynolds and T-Mobile CEO Mike Sievert teamed up for a video letting customers know about the coming acquisition. [embedded content] The deal is for Ka’ena Corporation, the parent company […]
Read MoreYou may know Ryan Reynolds as the star of hit films such as Foolproof, Deadpool and Detective Pikachu, but he is also quite the entrepreneur. If you are an Apple TV+ subscriber, you may have watched Welcome to Wrexham, which chronicles the football club’s story after it was acquired by Reynolds and Rob McElhenney. And […]
Read MoreSamsung has reportedly addressed one of its OLED supply bottlenecks for 2023 through a new partnership with Taiwan’s UMC. In a bid to increase its production capacity next year, Samsung will acquire additional DDIs (display driver integrated chips) for OLED panels from UMC. The latter company will manufacture DDIs for Samsung on a 28nm process. […]
Read MoreIn a press release Monday morning, Sony announced it will be acquiring Savage Game Studios under its newly formed PlayStation Studios Mobile Divison – which develops games for mobile and is independent of Sony’s console development team. Savage Game Studios has offices in Helsinki and Berlin and the team is already working on an unannounced […]
Read MoreThe triangle of consumer computing giants known as Dell, Lenovo, and HP just experienced another jolt of activity thanks to HP’s $3.3 billion acquisition of Poly. The company will acquire Poly at $40 per share with the deal’s total value including the acquiree’s net debt. Poly, known for its various communications solutions and conferencing tools, […]
Read MoreMicrosoft’s LinkedIn just announced an agreement to purchase marketing analytics company Oribi. The move will result in more features for marketers and recruiters using LinkedIn to see insights from web activity. LinkedIn did not disclose how much it agreed to purchase Oribi for. TechCrunch cites sources claiming that the deal is worth between $80 million […]
Read MoreSource: Harish Jonnalagadda / Windows Central Intel announced that it will acquire Tower for $5.4 billion. Tower is a foundry for analog semiconductors that’s based in Israel. Intel views Tower as a complementary piece since the two companies specialize in different technologies within the semiconductor industry. The move to acquire Tower lines up with Intel’s […]
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