American Express acquires TheFork for $700m to build out its dining empire
American Express acquires TheFork for $700m to build out its dining empire

American Express acquires TheFork, the European restaurant-reservation platform, from Tripadvisor for $700m in cash. The payments company announced the proposed deal on Monday, adding a booking network of more than 50,000 restaurants across 11 European…

Salesforce acquires Fin, the Intercom-born support-AI firm, for $3.6bn
Salesforce acquires Fin, the Intercom-born support-AI firm, for $3.6bn

Salesforce acquires Fin, the customer-service AI company formerly known as Intercom, in a deal worth about $3.6bn. The CRM giant signed a definitive agreement on Monday, it said, to fold Fin’s “customer agent” technology into Agentforce, its own fast-g…

Fox acquires Roku for $22bn to plant its flag in streaming’s front door
Fox acquires Roku for $22bn to plant its flag in streaming’s front door

Fox acquires Roku in a $22bn deal that drags the cable-reliant broadcaster squarely into streaming. Fox Corporation will pay $160 a share, in cash and stock, for the maker of the streaming sticks and smart TVs sitting in more than 100 million household…

OpenAI acquires Ona to run Codex agents inside the customer’s own cloud
OpenAI acquires Ona to run Codex agents inside the customer’s own cloud

OpenAI acquires Ona, the company once known as Gitpod, in its latest enterprise play. The deal, announced on Thursday, folds Ona’s secure cloud platform into Codex, OpenAI’s coding agent. Terms were not disclosed. Codex is on a tear. OpenAI says more t…

A SpaceX-Tesla merger was a fantasy. The IPO just made it look plausible.
A SpaceX-Tesla merger was a fantasy. The IPO just made it look plausible.

A SpaceX-Tesla merger has moved from rumour toward roadmap. On the day SpaceX began trading, the people around Elon Musk stopped waving the idea away. SpaceX President Gwynne Shotwell did the floating. Asked about merger chatter by CNBC, she said a tie…

Alibaba is offering $1.5 billion for China’s last big independent grocer. The bidding war with Meituan is on.
Alibaba is offering $1.5 billion for China’s last big independent grocer. The bidding war with Meituan is on.

Alibaba Group is offering $1.5 billion to acquire Pupu, one of China’s last independent online grocery platforms, according to Bloomberg. The bid is more than double a $600 million proposal from Sun Art Retail, the former Alibaba affiliate now backed b…

Meta has cut Manus off from its internal systems and told staff to sunset the AI platform
Meta has cut Manus off from its internal systems and told staff to sunset the AI platform

Meta has erected a data firewall between itself and Manus, the Chinese-founded agentic AI service it acquired for $2 billion in December 2025. Since the start of June, Manus and its staff have been barred from accessing Meta’s internal data systems, an…

Nvidia partner Bizlink buys Blackstone’s Interplex data centre unit for $850 million
Nvidia partner Bizlink buys Blackstone’s Interplex data centre unit for $850 million

Bizlink Holding, a Taiwanese manufacturer of cables, connectors, and power distribution systems, has agreed to buy the information and communications technology unit of Blackstone’s Interplex for $850 million in cash. The deal includes an additional $5…

Reid Hoffman leaves Microsoft’s board to go ‘founder mode’ with AI drug startup Manus
Reid Hoffman leaves Microsoft’s board to go ‘founder mode’ with AI drug startup Manus

Reid Hoffman is stepping down from Microsoft‘s board of directors after nearly a decade. The company disclosed the departure in a regulatory filing on Thursday. Hoffman said he wants to go “founder mode” with Manus, his AI-powered drug discovery startu…

Meta spent $400 million and fought the US government to buy a VR fitness app, then let its creators take it back
Meta spent $400 million and fought the US government to buy a VR fitness app, then let its creators take it back

In 2023, Meta fought an eight-month antitrust battle with the Federal Trade Commission for the right to acquire Within, the studio behind the VR fitness app Supernatural. The deal was reportedly worth around $400 million. Mark Zuckerberg even testified…