Mergers and Acquisitions

Uber is buying Berlin startup Blacklane to bolster its ‘Elite’ offering

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It’s a notable exit for Blacklane, which has raised more than $100 million from backers like Mercedes-Benz and Sixt.

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Netflix may have paid $600 million for Ben Affleck’s AI startup

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Last week, Netflix announced the acquisition of InterPositive, an AI company co-founded by Ben Affleck that helps filmmakers edit footage in post-production. This deal could be worth up to $600 million, according to Bloomberg, potentially ranking it among the streaming giant’s largest acquisitions ever. The most Netflix has ever paid for a single acquisition was […]

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Paramount+ and HBO Max to merge into one streaming service after WBD deal closes

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If the Warner Bros. Discovery deal were to close, Paramount CEO David Ellison revealed that Paramount+ and HBO Max would combine into one platform.

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What to know about the landmark Warner Bros. Discovery sale

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Learn more about Paramount’s planned acquisition of Warner Bros. Discovery — a historic Hollywood megadeal valued at $111 billion — as it continues to develop.

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Activist investor Ancora publicly opposes the WBD-Netflix deal

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An investment group is trying to sway Netflix shareholders to reject the WBD deal in favor of Paramount.

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Uber to buy delivery arm of Turkey’s Getir

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The deal will see Uber paying $335 million at the outset to purchase Getir’s food delivery business. Uber will also pay $100 million for a 15% stake in Getir’s grocery, retail and water delivery business.

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Apple buys Israeli startup Q.AI as the AI race heats up

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Apple announced its acquisition of Q.AI for a reported nearly $2 billion, making it the company’s second-largest acquisition to date.

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What is Bending Spoons? Everything to know about Eventbrite’s acquirer

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Bending Spoons remains largely unknown, even as its portfolio of products has served more than a billion people.

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What to know about Netflix’s landmark acquisition of Warner Bros

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Learn more about Netflix’s acquisition of Warner Bros., considered the most historic megadeal in Hollywood, as it continues to develop.

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Netflix revises offer to pay all cash for Warner Bros to stave off Paramount

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However, the streaming giant is still offering the same $27.75 the companies had agreed on for WBD’s movie studio and streaming assets, and the deal continues to value the company at $82.7 billion.

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