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The decentralized cloud storage pioneer Storj crypto has officially agreed to be acquired by Inveniam Capital Partners, the global leader in decentralized AI and private market data infrastructure, a move that could reshape the landscape for Web3 cloud services and decentralized data management. Announced on October 22, the acquisition marks a pivotal step for both … Read more
The video game company Electronic Arts is nearing a $50 billion sale to a group of investors including Silver Lake and Saudi Arabia’s Public Investment Fund, according to a report from The Wall Street Journal. EA is best known for its annual sports titles in franchises like Madden NFL, FIFA, and NBA Live, as well … Read more
A group of book authors has reached a settlement agreement with artificial intelligence company Anthropic after suing the chatbot maker for copyright infringement. Both sides of the case have “negotiated a proposed class settlement,” according to a federal appeals court filing Tuesday that said the terms will be finalized next week. Anthropic declined comment Tuesday. … Read more
When industrial AI startup CVector meets with manufacturers, utility providers, and other prospective customers, the founders are often asked the same question: will you still be here in six months? A year? It’s a fair concern in an environment where the biggest, richest tech companies are luring top talent with eye-watering salaries and increasingly targeting … Read more
Home Depot, the largest home improvement company on the Fortune 500, is leaning into a contractor customer base, announcing Monday its acquisition of specialty building products distributor GMS for about $4.3 billion. The company says scooping up GMS will help grow its professional contracting (Pro) business, which was also aided by Home Depot’s 2024 acquisition … Read more
The BP logo is displayed outside a petrol station that also offers electric vehicle recharging, on Feb. 27, 2025, in Somerset, England. Anna Barclay | Getty Images News | Getty Images BP shares jumped Wednesday on a report that the oil major is in early-stage talks to be acquired by Shell. People familiar with the … Read more
SRM Entertainment, the Florida-based theme park supplier that was recently merged with Justin Sun’s TRON, saw its SRM stock soar by more than 530% at its last closing price. According to data from Yahoo Finance, SRM Entertainment’s stock, selling under the ticker SRM, recently reached new heights after Sun announced his blockchain company Tron (TRX) … Read more
Consensys, an Ethereum-focused crypto infrastructure company, announced on Monday that it has closed a deal to acquire Web3Auth, a security management company. The acquisition is particularly important for Consensys’ most popular product, a crypto wallet called Metamask. Web3Auth is part of a larger effort to make the wallet more accessible to non-crypto native users, and … Read more
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The entrance of the Sketchers retail store at the Barton Creek Square Mall on July 16, 2024 in Austin, Texas. Brandon Bell | Getty Images Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share, ending its nearly three-decade run as a public company, the retailer announced … Read more
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