acquisition

Tron and Poloniex Relationship Scrutinized After Digibyte Delisting

</header> <strong>The crypto firm Circle recently revealed that it was spinning off the trading platform Poloniex and has since warned customers to withdraw assets or they may be sent to state governments. Following the announcement, the founder of the crypto network Digibyte (DGB), Jared Tate, explained he was extremely upset that his friend’s and family’s …

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Sonos buys an AI startup to improve voice control for its speakers

Sponsored Links Nathan Ingraham/Engadget Sonos might just be less reliant on third-party assistants for voice control. The company has bought Snips, a Paris startup that helps create “tailored voice experiences” through its AI voice platform and tools. No, Sonos isn’t planning to take on Alexa or Google Assistant — rather, the company said in a …

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TikTok’s parent company reportedly faces a national security review

Sponsored Links A stand of TikTok (aka Douyin) is pictured at The First International Artificial Products Expo Hangzhou on October 18, 2019 in Hangzhou, Zhejiang Province of China. VCG via Getty Images Recently TikTok’s popularity has exploded worldwide, and so has scrutiny over the app’s parent company ByteDance and its relationship to the Chinese government. …

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Apple buys the ‘majority’ of Intel’s smartphone modem business

Sponsored Links Evan Rodgers/Engadget The rumors were (mostly) true — Apple is buying the “majority” of Intel’s smartphone modem business for $1 billion. The deal will see Apple take on 2,200 Intel workers as well as equipment, intellectual property and leases. Apple expects the deal to close in the fourth quarter of 2019 so long …

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Etsy buys music gear marketplace Reverb to expand its reach

Sponsored Links Artem_Furman via Getty Images Etsy is expanding its online shopping empire, albeit not in the way some would have expected. The company plans to acquire Reverb, one of the largest marketplaces for musical instruments, for $275 million. This is a chance to expand into a “new vertical” with a business that follows a …

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Apple confirms it acquired a self-driving car startup

Sponsored Links Drive.ai via Getty Images The latest self-driving firm to be consolidated is Drive.ai. The startup has been working on AI tech for autonomous vehicles for a few years, but found itself low on cash in an increasingly competitive market. Now, just as the San Francisco Chronicle reports that it filed with regulators about …

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Yahoo Japan-Backed Exchange Launches Crypto-Yen Markets and Margin Trading

<header class=”article__header”> </header> <strong>Back in April 2018, it was revealed that Yahoo Japan was planning to launch a cryptocurrency exchange licensed by Japan’s Financial Services Agency (FSA). Now, a year later, Yahoo Japan’s trading platform Taotao is open offering <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> and <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/ETH” target=”_blank” rel=”noopener noreferrer”>ETH</a> trading while also …

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Apple reportedly buys asthma-monitoring startup

Sponsored Links SIPA USA/PA Images Apple has snapped up a company called Tueo Health, which was working on an app to help parents monitor asthma symptoms of their sleeping kids, according to CNBC. The startup’s CEO and chief operating officer switched their employer to Apple on LinkedIn late last year, which is when the deal …

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NVIDIA buys high-performance chip-maker Mellanox for $6.9 billion

Bloomberg via Getty Images NVIDIA confirmed that it has purchased Israeli chip-maker Mellanox for $6.9 billion, its largest acquisition to date. The bid, rumored for several days, reportedly trumped a $6 billion offer made by Intel several months ago. It will reportedly help NVIDIA better compete in the server market, which accounts for about a …

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