acquisition

Amazon buys Whole Foods in multi-billion retail expansion

Amazon buys Whole Foods in multi-billion retail expansion

Today Amazon confirmed that it intends to acquire grocery chain Whole Foods. This news comes just hours after Whole Foods' CEO John Mackey indicated that he would resist such a buyout. Amazon is prepared to pay a ton of money to make Whole Foods part of its portfolio, which may have had a hand in changing Mackey's mind.

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Softbank acquires robotics company Boston Dynamics from Google

Softbank acquires robotics company Boston Dynamics from Google

Robotics aficionados may have mixed feelings right now. On the one hand, Alphabet, Google's parent compny has just sold Boston Dynamics, potentially saving the robotics company from descending into obsolescence in the company. On the other hand, the buyer is none other than Japan's Softbank, which may raise a few eyebrows within the tech industry and raising the biggest question of all: what does Softbank plan to do with Boston Dynamics' giant robots?

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Verizon’s acquisition of Yahoo may kill thousands of jobs

Verizon’s acquisition of Yahoo may kill thousands of jobs

Yahoo's shareholders approved the long-standing buyout offer from Verizon today, so before long, we'll see Yahoo's core business absorbed into the wireless giant. What's the first move once Yahoo is under Verizon's umbrella? Layoffs. New reports today are claiming that we could see thousands of people laid off once the acquisition is complete.

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Del.icio.us link-sharing site shuts down after Pinboard acquisition

Del.icio.us link-sharing site shuts down after Pinboard acquisition

If you've been using the internet for the last 15 years or so, you probably remember, or at least came into contact with, del.icio.us, the pioneer of social bookmarking websites. Founded in 2003, the site had a number of good years before it eventually changed hands more than a few times, and has been considered mostly a forgotten relic since then. But now the sun is setting for del.icio.us, as the service will be shuttered later this month following its sale to rival Pinboard.

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Spotify acquires Niland, a machine learning and AI startup

Spotify acquires Niland, a machine learning and AI startup

Spotify has announced the acquisition of Niland, a machine learning startup based out of Paris. The music company made the announcement itself this week, explaining that Niland shares its 'passion for surfacing the right content to the right user at the right time.' Spotify plans to use the company's technology and know-how to improves its own recommendation abilities, doing so with the power of artificial intelligence behind it.

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Apple buys machine learning specialists Lattice Data for $200M

Apple buys machine learning specialists Lattice Data for $200M

It's become clear in the last few years that Apple is doubling down on its focus on Siri, with recent advancements including the use of AI and other technology that allows the assistant to do more with data from users. In what's likely a part of that effort, it's been revealed that Apple has acquired Lattice Data, an AI and machine learning company that specializes in "dark data," or unorganized information like images and text.

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Google acquires Owlchemy Labs, will continue to focus on VR games

Google acquires Owlchemy Labs, will continue to focus on VR games

Owlchemy Labs has been acquired by Google, the company announced, marking a new big milestone for the six-year-old company. The studio will continue to focus on creating virtual reality content, according to a statement it released today. Owlchemy Labs has already produced several VR games, such as the lesser known skydiving title 'Aaaaaculus!,' as well as some big games like 'Rick and Morty: Virtual Rick-ality.'

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Apple acquires Beddit, a sleep tracking gadget and app

Apple acquires Beddit, a sleep tracking gadget and app

Apple has acquired Beddit, the company behind a sleep tracking gadget and related mobile app. The announcement was made via Beddit's privacy page on its website, which reads, "Beddit has been acquired by Apple." On the consumer end of things, this means users' personal data will be collected and used under the conditions set forth in the Apple Privacy Policy. Apple hasn't commented on the acquisition, however, and how much it paid remains unknown.

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Admitting cool hardware isn’t enough, Magic Leap invests big in AR content

Admitting cool hardware isn’t enough, Magic Leap invests big in AR content

Magic Leap has acquired FuzzyCube Software, according to sources, as part of a growing effort to create content for its eventual mixed-reality hardware. According to the sources, Magic Leap also considered buying Moonbot Studios, an animation firm behind some award-winning animations. That deal reportedly didn't go through, though Magic Leap is said to have still managed to nab twelve of its animators and artists for its own products.

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Apple acquires Workflow, the popular iOS automation tool

Apple acquires Workflow, the popular iOS automation tool

The mobile app market looks so easy to get into but staying in the business is a whole different game. Never mind competing with rivals, sometimes you even end up competing with the very makers of the platform you're building upon. Many a popular app ended up that way (hello, Night Shift), so perhaps you can count yourself lucky when you're actually acquired by said platform makers. In that sense, the developers of Workflow are probably on Cloud 9 now that they have been bought up by Apple, though the long-term implications of the acquisition has yet to be seen.

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Intel buys up Mobileye to boost autonomous driving efforts

Intel buys up Mobileye to boost autonomous driving efforts

Intel just became a bigger player in the realm of autonomous driving, announcing its planned acquisition of Mobileye today. If you've been following the rise of autonomous cars, you've likely already heard of Mobileye, as it has been developing machine learning and computer vision systems for self-driving cars. With Intel's increasing interest in the autonomous driving space, it makes Mobileye a pretty good acquisition target.

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Apple acquires facial recognition firm RealFace

Apple acquires facial recognition firm RealFace

It seems those recent rumors about Apple looking to implement facial recognition and other biometric features into future iPhone models are ringing true, as it's been reported that Cupertino has acquired RealFace, an Israel-based startup that specializes in facial recognition. This news comes from the Times of Israel, which adds that Apple purchased the company for an estimated $2 million.

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