Tag Archives: Buy’s

Facebook’s plan to let companies it buys live independently is over

Mark Zuckerberg was quick to realize that Facebook, the largest social network in the world, doesn’t have a monopoly on all users nor can it bank on holding its position as top dog forever. Thus he instituted a policy of buying up promising rivals and integrating them into the Facebook ‘group’ in a strategy designed to be a win-win for ...

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Apple buys Denver startup building waveguide lenses for AR glasses

Apple has acquired Akonia Holographics, a Denver-based startup that manufactures augmented reality waveguide lenses. The acquisition was confirmed by Apple to Reuters who first reported the news. An Apple spokesperson gave TechCrunch the company’s standard statement, “Apple buys smaller technology companies from time to time, and we generally don’t discuss our purpose or plans.” This acquisition offers the clearest confirmation yet from Apple ...

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Mattis: ‘US does not recommend’ Turkey buys Russian missile defense system

Defense Secretary James Mattis has warned Turkey against buying a Russian air defense system. He cautioned Turkey, a sovereign state and NATO member, that the US does “not recommend” the purchase. “Turkey had a choice to make, a sovereign decision to make. But clearly Turkey bringing a Russian anti-aircraft, anti-missile system into a NATO country, we cannot integrate that into ...

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Amazon-backed lending platform Capital Float buys consumer finance startup Walnut

India-based lending platform Capital Float has been busy raising capital, having closed an Amazon-led $ 22 million extension to its $ 45 million Series C last year —  now it’s putting some of that capital work after it acquired personal finance service Walnut. The acquisition is $ 30 million spread across cash and stock, the companies said, and it’ll boost five-year-old ...

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Amazon-backed lending platform Capital Float buys consumer finance startup Walnut

India-based lending platform Capital Float has been busy raising capital, having closed an Amazon-led $ 22 million extension to its $ 45 million Series C last year —  now it’s putting some of that capital work after it acquired personal finance service Walnut. The acquisition is $ 30 million spread across cash and stock, the companies said, and it’ll boost five-year-old ...

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Facebook buys Vidpresso’s team and tech to make video interactive

Zombie-like passive consumption of static video is both unhealthy for viewers and undifferentiated for the tech giants that power it. That’s set Facebook on a mission to make video interactive, full of conversation with broadcasters and fellow viewers. It’s racing against Twitch, YouTube, Twitter and Snapchat to become where people watch together and don’t feel like asocial slugs afterward. That’s ...

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Surprise, no one buys things via Alexa

Some numbers published in a report from The Information reveal that very few owners of Alexa-powered devices use them for shopping. Of about 50 million Alexa users, only about 100,000 reportedly bought something via voice interface more than once. It’s not exactly surprising, but it may still harm the narrative of conversational commerce that Amazon and others are trying to ...

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Qatar buys range of arms from Russia, discusses purchase of S-400 missiles

Qatar, which has already negotiated the purchase of AK rifles, grenade launchers and anti-tank missiles from Russia, is also in talks to procure state-of-the-art S-400 systems, the Russian ambassador to the Gulf country has said. Qatar, which is now at odds with its Gulf neighbors, is expected to take a delivery of Russian conventional arms, including time-proven AK rifles, grenade ...

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Facebook buys ads in Indian newspapers to warn about WhatsApp fakes

As Twitter finally gets serious about purging fake accounts, and YouTube says it will try to firefight conspiracy theories and fake news flaming across its platform with $ 25M to fund bona fide journalism, Facebook-owned WhatsApp is grappling with its own fake demons in India, where social media platforms have been used to seed and spread false rumors — fueling ...

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India’s Times Internet buys popular video app MX Player for $140M to get into streaming

Times Internet, the digital arm of Indian media firm Times Group, is getting into the digital content space, but not in the way you might think. The company’s previous venture — an OTT called BoxTV.com — shut down in 2016 after an underwhelming four-year period. Now it is taking a radically different strategy by buying video playback app MX Player for Rs ...

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