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March 22, 2026
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Mergers and acquisitions

  • Business

Meta acquires intelligent agent firm Manus, capping year of aggressive AI moves

Sagar3 months ago03 mins

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…

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  • Business

Roomba’s bankruptcy may wreck a lot more than one robot vacuum maker

Sagar3 months ago08 mins

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…

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  • Tech

Warner Bros. Discovery rejects Paramount’s hostile bid, calls offer ‘illusory’

Sagar3 months ago01 mins

Warner Bros. Discovery (WBD) The board of directors has rejected $108 billion hostile takeover bid David Allison of Paramount Skydance described the proposal as “illusory” and said that Paramount had misled shareholders about its financing. saying that he wants to respect it Preliminary agreement to sell NetflixWBD’s board wrote in a letter to shareholders that…

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  • Business

Lending startup backed by Altman, JPMorgan teams up with Amazon

Sagar3 months ago04 mins

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…

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  • Business

Nvidia supplier SK Hynix eyes U.S. listing as it expands on the AI boom

Sagar3 months ago03 mins

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…

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  • Business

Paramount hostile WBD bid to unseat Netflix: What to expect

Sagar3 months ago04 mins

Paramount Skydance CEO David Ellison at Netflix’s “America’s Team: The Gambler and His Cowboys” at The Egyptian Theatre in Los Angeles, Aug. 11, 2025. Gilbert Flores | Variety | Getty Images Paramount Skydance laid out its plan Monday to persuade Warner Bros. Discovery shareholders that it’s a better buyer for the company than Netflix. The…

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  • Tech

IBM to acquire Confluent for $11B as it seeks to bolster its data offerings

Sagar3 months ago02 mins

IBM is buying data infrastructure company Confluent for $11 billion in cash to strengthen its data and automation products as more and more companies move their technology operations to the cloud and deploy AI technology. The tech giant said it would offer $31 for each Confluent share, about 50% more than where the small company’s…

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  • Business

China’s Nvidia Moore Threads surges over 400% on trading debut

Sagar4 months ago02 mins

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…

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  • Business

Anthropic reportedly preparing for massive IPO in race with OpenAI: FT

Sagar4 months ago03 mins

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…

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  • Business

Trump ask to Paramount revives ‘Rush Hour 4’ movie

Sagar4 months ago03 mins

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 A push from President Donald Trump led Paramount Skydance to revive its “Rush Hour” buddy cop movie series, two decades after the last…

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