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.
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DeepL acquires Mixhalo for live-event audio streaming and translation
With this acquisition, DeepL is opening an office in San Francisco to expand its U.S. business.
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Superhuman acquires AI detection startup GPTZero
Superhuman, which also has an AI detection tool as part of Grammarly, has snapped up GPTZero.
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Adobe acquires image and video enhancement tool maker Topaz Labs
Adobe said that it will integrate Topaz Labs’ tools across its apps.
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What is Bending Spoons? The little-known AOL and Vimeo owner that’s now public
Bending Spoons remains largely unknown, even as its portfolio of products has served more than a billion people.
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12 states sue to block Paramount’s $110B Warner Bros. deal
The states allege that the deal would harm movie theaters, basic cable distributors, and audiences.
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Stripe and Advent reportedly offered to buy PayPal for around $53.4B
If completed, the acquisition would unite two of the biggest names in digital payments.
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Netflix paid $587M for Ben Affleck’s AI filmmaking startup
Netflix revealed that it paid $587 million in cash for InterPositive, a startup co-founded by Ben Affleck.
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Judge pauses $110B Paramount-Warner Bros. merger
The lawsuit from the states alleges that the deal would harm movie theaters, basic cable distributors, and audiences.
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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 platform for independent musicians.
