Perplexity acquired a small Seattle-based startup called Carbon which specializes in connecting AI systems to external data sources, the companies announced on Wednesday. CEO Aravind Srinivasan...
Jay-Z’s venture capital firm, Marcy Venture Partners, has merged with another Black-owned investment firm, Pendulum Holdings’ investment arm Pendulum Opportunities, to form MarcyPen Capital Partners, a...
This was written by Skift’s Rafat Ali with AI assistance, and edited by Skift. All quotes and figures have been confirmed with original sources, and further...
Skift Take 2025 is expected to be a banner year for travel tech M&A. Add-on acquisitions, particularly of companies with $5M-$50M ARR, are poised to set...
By Saeed Azhar, Lananh Nguyen and Arasu Kannagi Basil (Reuters) – Bank of America expects regulatory changes under President-elect Donald Trump to favor mergers and acquisitions...
Zalando says the deal will help it to build a pan-European e-commerce platform. ADVERTISEMENT Germany’s online retailer Zalando said on Wednesday that it had agreed to...
Disney and Reliance Industries have completed the $8.5B deal to form a media and entertainment giant in India. This brings together Reliance’s JioCinema business with Disney’s...
Warner Bros. Discovery CEO David Zaslav said Donald Trump‘s re-election as president bodes well for media M&A. “We have an upcoming new administration,” the exec noted...
OpenAI bought Chat.com, adding to its collection of high-profile domain names. As of this morning, Chat.com now redirects to OpenAI’s AI-powered chatbot, ChatGPT. An OpenAI spokesperson...
Working as an analyst on Wall Street is famously hard. Young bankers work very long hours, have few days off, and are expected to be on...
Anthem Sports & Entertainment has reached a deal to buy Canadian indie broadcaster Hollywood Suite. The deal, financial terms of which weren’t disclosed, sees Hollywood Suite’s...
There have been dozens of travel tech acquisitions so far this year: That includes at least 11 deals over the past three months, which followed at least...