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Apple destroyed the mid-tier watch market. Now it’s coming for the $200 billion eyewear industry.

When Apple launched the Apple Watch in 2015, the mid-tier wristwatch market had a handful of dominant companies. Swatch Group sold watches under Tissot, Hamilton, and Longines. Fossil Group sold under Michael Kors, Armani, and Kate Spade. Movado sold under Coach, Hugo Boss, and Tommy Hilfiger. Ten years later, the damage is quantifiable. Swatch’s revenue […]

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CoStar is paying $800 million for Zonda to close the last gap in its real estate data empire

CoStar Group has agreed to acquire Zonda, the leading provider of new-home construction data, homebuilder software, and residential real estate marketplaces, for $800 million in cash. The deal, announced on Thursday, is expected to close in the second half of 2026 and will be accretive to adjusted earnings per share in its first full year. Zonda […]

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Asana buys no-code agent builder Stack AI as it tries to become the operating system for human-agent teams

Asana has acquired Stack AI, a no-code platform for building AI agents that operate across enterprise systems like Salesforce, Slack, and Google Workspace. The deal, reported at $75 million, was announced on 28 May after market close, timed to coincide with Asana’s first-quarter earnings call. Stack AI founders Tony Rosinol and Bernard Aceituno will join Asana. […]

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