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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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Wix is cutting 20% of its workforce as a strong shekel and AI competition squeeze the website builder from both sides

Wix is laying off approximately 1,000 employees, roughly 20% of its workforce, in the largest round of cuts in the company’s history. CEO and co-founder Avishai Abrahami announced the decision on 28 May in a message posted publicly on X and sent simultaneously to all staff. He framed the restructuring as a company-wide change driven by two […]

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Meta is about to overtake Google as the world’s biggest advertising company

Meta is on track to dethrone Google as the world’s largest digital advertising business by the end of 2026, according to Emarketer. The market research firm projects Meta’s global net ad revenues will reach $243.46 billion this year, edging past Google’s projected $239.54 billion. It would be the first time in the history of digital advertising […]

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The new Halide camera app launches with film looks and an upgraded photo editor

After first being announced in December 2024, Lux Optics has finally released the latest version of its Halide camera app for the iPhone and iPad. The Halide Mark III app’s most compelling feature is a new film simulation engine and a collection of five new Looks that can be applied to photos as they’re taken. […]

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