Acquisition
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Meta Poaches CEO of Ilya Sutskever's Startup in AI Talent War
The development comes as tech giants such as Meta Platforms aggressively chase high-profile acquisitions and offer multi-million-dollar pay packages to attract top talent in the race to lead the next wave of artificial intelligence.
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After Op Sindoor, Centre Clears Rs 1 Lakh Crore Missile, Weapons Purchases
The Defence Acquisition Council (DAC) on Thursday gave the go-ahead for 10 proposals to buy military hardware, including missiles and electronic warfare systems, worth approximately Rs 1.05 lakh crore through indigenous sourcing.
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Grammarly Announces Plans to Acquire Email App Superhuman to Create Agentic Productivity Platform
Grammarly announced its intentions to acquire Superhuman, an artificial intelligence (AI) email app, on Tuesday. The AI-powered writing and proofreading assistant highlighted that the acquisition is aimed at creating a native productivity platform which will offer integrated AI experiences, led by AI agents. The company also stated that the decisio...
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Meta Reportedly Planning to Acquire Startup PlayAI and Some of Its Employees
Meta is reportedly planning to acquire the Palo Alto, California-based artificial intelligence (AI) startup PlayAI. As per the report, the acquisition is aimed at bolstering its AI division to compete with the likes of OpenAI and Google. The Menlo Park-based social media giant has been aggressively pushing out new AI models and AI features for its ...
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Sri Lanka Supreme Court Stops Land Grab From War-Affected Tamils
Sri Lanka's top court halted a government move to acquire land in northern regions still reeling from the consequences 16 years after the end of a decades-long civil war.
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Tech Giants Like Microsoft, Google, IBM Slash Thousands Of Jobs In 2025 Amid Restructuring, AI Integration
Tech Companies Layoffs: Major tech companies are cutting thousands of jobs in 2025, driven by economic factors and the increasing integration of AI, which is reshaping roles.
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Did Change Of Word Alter Manipur's Future? Row Over Gazette vs Assembly "Discrepancy"
Former Manipur chief minister N Biren Singh has pointed out a discrepancy between a notification published in the Gazette of India and the state assembly's published rules on governance in Manipur's hill areas.
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Apple Reportedly in Talks to Acquire Perplexity AI to Strengthen Its Artificial Intelligence Efforts
Apple executives have reportedly discussed the possibility of purchasing Perplexity to alleviate its AI woes. As per the report, the Cupertino-based tech giant has held internal discussions about the acquisition, and it has been weighed by the head of acquisitions and mergers, Adrian Perica. If such a deal goes ahead, the iPhone maker might use the...
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World War III Memes Flood Internet Amid Growing Conflict Between Israel And Iran
A battle has broken out on social media where users are sharing information nuggets and memes on the ongoing conflict.
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Mahindras ₹555 Crore Bid for 59% SML Isuzu Stake Cleared by CCI
"CCI approves the proposed combination involving acquisition of SML Isuzu Ltd by Mahindra and Mahindra Ltd," the regulator said in a post on X.
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Pakistan, Troubled By Thoughts Of A Deterrent For BrahMos, Looks Beyond China
Ever since India's precision strikes first destroyed its terror infrastructure and later its air bases and military installations during Operation Sindoor, one question has kept Pakistan worried - How to defend itself against India's BrahMos missile?
-
Iran Obtaining Confidential Docs Shows Poor Cooperation: Atomic Body Chief
Iran's acquisition of confidential U.N. nuclear watchdog documents is a 'bad' step that goes against the spirit of cooperation that should exist between the agency and Tehran, its chief Rafael Grossi said on Monday.
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Taylor Swift Now Owns All The Music She Ever Made. Why That Wasn't The Case
On Friday, Taylor Swift announced she now owns all the music she ever made. This reported US$360 million acquisition includes all the master recordings to her first six albums, music videos, concert films, album art, photos and unreleased material.
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In A First, Flipkart Secures Approval For Direct Lending In India: Report
Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer loans directly to customers and sellers on its platform, according to documents reviewed by Reuters and a source.
-
Robinhood Acquires Bitstamp for $200 Million, Adds Over 50 Licences to Network
Robinhood has officially acquired Luxembourg-headquartered crypto exchange Bitstamp. In an announcement posted on June 2, Robinhood revealed that it paid $200 million (roughly Rs. 1,709 crore) in cash to complete this acquisition.
-
Meta Poaches CEO of Ilya Sutskever's Startup in AI Talent War
The development comes as tech giants such as Meta Platforms aggressively chase high-profile acquisitions and offer multi-million-dollar pay packages to attract top talent in the race to lead the next wave of artificial intelligence.
-
After Op Sindoor, Centre Clears Rs 1 Lakh Crore Missile, Weapons Purchases
The Defence Acquisition Council (DAC) on Thursday gave the go-ahead for 10 proposals to buy military hardware, including missiles and electronic warfare systems, worth approximately Rs 1.05 lakh crore through indigenous sourcing.
-
Grammarly Announces Plans to Acquire Email App Superhuman to Create Agentic Productivity Platform
Grammarly announced its intentions to acquire Superhuman, an artificial intelligence (AI) email app, on Tuesday. The AI-powered writing and proofreading assistant highlighted that the acquisition is aimed at creating a native productivity platform which will offer integrated AI experiences, led by AI agents. The company also stated that the decisio...
-
Meta Reportedly Planning to Acquire Startup PlayAI and Some of Its Employees
Meta is reportedly planning to acquire the Palo Alto, California-based artificial intelligence (AI) startup PlayAI. As per the report, the acquisition is aimed at bolstering its AI division to compete with the likes of OpenAI and Google. The Menlo Park-based social media giant has been aggressively pushing out new AI models and AI features for its ...
-
Sri Lanka Supreme Court Stops Land Grab From War-Affected Tamils
Sri Lanka's top court halted a government move to acquire land in northern regions still reeling from the consequences 16 years after the end of a decades-long civil war.
-
Tech Giants Like Microsoft, Google, IBM Slash Thousands Of Jobs In 2025 Amid Restructuring, AI Integration
Tech Companies Layoffs: Major tech companies are cutting thousands of jobs in 2025, driven by economic factors and the increasing integration of AI, which is reshaping roles.
-
Did Change Of Word Alter Manipur's Future? Row Over Gazette vs Assembly "Discrepancy"
Former Manipur chief minister N Biren Singh has pointed out a discrepancy between a notification published in the Gazette of India and the state assembly's published rules on governance in Manipur's hill areas.
-
Apple Reportedly in Talks to Acquire Perplexity AI to Strengthen Its Artificial Intelligence Efforts
Apple executives have reportedly discussed the possibility of purchasing Perplexity to alleviate its AI woes. As per the report, the Cupertino-based tech giant has held internal discussions about the acquisition, and it has been weighed by the head of acquisitions and mergers, Adrian Perica. If such a deal goes ahead, the iPhone maker might use the...
-
World War III Memes Flood Internet Amid Growing Conflict Between Israel And Iran
A battle has broken out on social media where users are sharing information nuggets and memes on the ongoing conflict.
-
Mahindras ₹555 Crore Bid for 59% SML Isuzu Stake Cleared by CCI
"CCI approves the proposed combination involving acquisition of SML Isuzu Ltd by Mahindra and Mahindra Ltd," the regulator said in a post on X.
-
Pakistan, Troubled By Thoughts Of A Deterrent For BrahMos, Looks Beyond China
Ever since India's precision strikes first destroyed its terror infrastructure and later its air bases and military installations during Operation Sindoor, one question has kept Pakistan worried - How to defend itself against India's BrahMos missile?
-
Iran Obtaining Confidential Docs Shows Poor Cooperation: Atomic Body Chief
Iran's acquisition of confidential U.N. nuclear watchdog documents is a 'bad' step that goes against the spirit of cooperation that should exist between the agency and Tehran, its chief Rafael Grossi said on Monday.
-
Taylor Swift Now Owns All The Music She Ever Made. Why That Wasn't The Case
On Friday, Taylor Swift announced she now owns all the music she ever made. This reported US$360 million acquisition includes all the master recordings to her first six albums, music videos, concert films, album art, photos and unreleased material.
-
In A First, Flipkart Secures Approval For Direct Lending In India: Report
Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer loans directly to customers and sellers on its platform, according to documents reviewed by Reuters and a source.
-
Robinhood Acquires Bitstamp for $200 Million, Adds Over 50 Licences to Network
Robinhood has officially acquired Luxembourg-headquartered crypto exchange Bitstamp. In an announcement posted on June 2, Robinhood revealed that it paid $200 million (roughly Rs. 1,709 crore) in cash to complete this acquisition.
