Category: M&A

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September 25, 2020

Postmates cuts losses in Q2 as it heads towards tie-up with Uber

Popular food delivery service Postmates is in the process of merging with Uber in a blockbuster $2.65 billion deal that would see it join forces with its food delivery competitor, Uber Eats. The deal remains under antitrust scrutiny, and has not yet been approved for...


by Danny Crichton in founders fund
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August 27, 2020

Walmart expresses interest in TikTok, teaming up with Microsoft

There’s been a flurry of TikTok news today, and the flood doesn’t seem to be letting up. First was the announcement that Kevin Mayer, who joined the company just a bit more than three months ago, has stepped down overnight. TikTok CEO Kevin Mayer resigns...


by Sarah Perez in Government
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August 20, 2020

Report: Apple quietly acquired Israel’s Camerai, formerly Tipit, a specialist in AR and camera tech

Apple is well known for picking up smaller startups on the hush-hush to augment its business, and today news leaked out about the latest of these… nearly two years after the fact. Sometime between 2018 and 2019, the iPhone giant reportedly acquired and shut down...


by Ingrid Lunden in Apple