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Tag: acquisition
Adobe reportedly acquires text-to-video AI platform Rephrase
With the acquisition, the product capabilities and a majority of the Rephrase team will go to Adobe, building the company’s efforts for generative AI videos.
Crypto exchange Bullish acquires CoinDesk from Digital Currency Group
Bullish acquires CoinDesk, planning substantial investment in its global expansion, and appoints the former Chief Editor from the Wall Street Journal as Editorial Committee Chair.
CoinShares gets buying rights to Valkyrie’s crypto ETF unit
The deal comes as Bitcoin ETF applications in the U.S. are seemingly inching closer toward regulatory approval.
WonderFi acquires Bitvo, expanding its hold on the Canadian crypto market
WonderFi, through its subsidiary Bitbuy, has strategically acquired Bitvo.com, significantly increasing its share in Canada’s regulated cryptocurrency exchanges and altering the competitive landscape.
Airbnb acquires secretive firm launched by Siri co-founder
Airbnb has acquired a secretive new AI startup, Gameplanner.AI, the company announced this morning. CNBC reports that the purchase price was around $200 million, a figure which TechCrunch was unable to confirm at publication time. Gameplanner was co-fo…
Stablecoin issuer Circle weighing up 2024 public launch: Report
Circle initially agreed to go public as part of a $4.5 billion merger in July 2021 but that deal fizzled out.
Investment firm involved in Celsius acquisition reportedly eyeing FTX
Proof Group, part of the Fahrenheit consortium that acquired bankrupt Celsius Network, has shown interest in the potential relaunch of FTX, Bloomberg reported, citing people familiar with the matter. The investment firm is reportedly exploring potential partnerships with other entities to secure the acquisition of FTX. Proof Group is a prominent Silicon Valley company that […]
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Ford snaps up EV power startup to boost its charging tech
Ford is buying and burying Auto Motive Power, or “AMP” for short. The secretive energy management startup once claimed to power “most of the world’s top electric OEMs,” though as far as we can tell it never disclosed its custome…
What not to do when getting your grocery startup off the ground with Abhi Ramesh from Misfits Market
Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Abhi Ramesh, the founder and CEO at Misfits Market, the e-commerce site where customers can buy ugly or off-looking produce, meat or seafood in a…
Fortress CEO steps down as Ripple abandoned takeover bid
In the aftermath of a hack resulting in millions lost, Nevada-based Fortress Trust is undergoing a significant reorganization, including a change in CEO and the reduction of its workforce. Nevada-based crypto custodian Fortress Trust has undergone reor…