Bending Spoons to buy collaboration tools maker Miro for $1.36B, 90% less than its 2022 valuation

Bending Spoons is buying Miro for $1.36B, a huge dip in valuation for the workplace collaboration startup, which was valued at $17.5B in late 2021.

DOJ wants more answers on Fox’s $22B Roku deal

Fox’s $22 billion plan to buy Roku has hit a new hurdle. The Justice Department sent Fox and Roku what’s known as a “second request” on Tuesday, asking the companies to turn over more data and documents as it takes a closer look at the deal. That’s a f…

Palo Alto Networks paid $500M for Thrive-backed Console, sources say

The acquisition also leaves Sequoia-backed Serval as the de facto startup leader in AI IT service automation, industry watchers believe.

GoPro to be acquired for $285M, will remain a public company

GoPro is merging with a company that builds AI infrastructure, and will continue supporting existing consumer products.

Joby Aviation builds out defense business with $500M acquisition

Joby Aviation reached an agreement to acquire Resonant Sciences, which will kick off its new defense business.

SoundCloud acquires decentralized music platform Nina Protocol months after its shutdown

SoundCloud has acquired decentralized music platform Nina Protocol, months after the startup announced it would shut down. The deal brings Nina’s artists, editorial archive, and music discovery tools to SoundCloud as the company continues expanding its…

Stripe and Advent reportedly offered to buy PayPal for around $53.4B

Stripe and private equity firm Advent International have reportedly submitted a joint bid to acquire PayPal in a deal valued at approximately $53.4 billion.  Reuters reports that the offer was submitted earlier this month and is backed by roughly …

Superhuman acquires AI detection startup GPTZero

Superhuman, which also has an AI detection tool as part of Grammarly, has snapped up GPTZero.

SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO

The deal is supposed to help SpaceX’s struggling AI division. The company told IPO investors it sees a $26 trillion addressable market in AI.