acquisition

Reliance Industries Expands Media Empire: Acquires More Stakes in Viacom 18

Reliance Industries continues its expansion strategy by acquiring Paramount Global's entire 13.01% stake in Viacom 18 Media Private Limited. The deal, valued at approximately Rs. 4,286 crore (~$517 million), has been officially disclosed through a regulatory filing. It is...

Reliance Makes Another Move To Dominate the Indian OTT Landscape

Reliance Industries Limited, led by the ambitious Mukesh Ambani, is leaving no stone unturned to dominate India's entertainment space, encompassing both Over-the-Top (OTT) and Television distribution domains. In the latest development, Reliance is reportedly in discussions to acquire Disney's...

The Rise, Fall And Acquisition of NestAway: From $220 Million to Just $11 Million

The relentless impact of the Covid-19 pandemic has thrown countless businesses and individuals into a whirlwind of trouble. One such company is NestAway, the Indian e-commerce platform for shared home rentals. The impact has been so severe that NestAway,...

Meta sold Giphy: A prized acquisition for Shutterstock?

Meta, Inc. (NASDAQ: META), the parent company of Facebook, is frequently making headlines due to its continuous financial setbacks, whether it's in terms of revenue or market capitalization. CEO Mark Zuckerberg's dream project, the Metaverse, has already cost the...

The Indian fintech startup Cashfree Payments acquired Zecpe to improve shopping experiences

Cashfree Payments, an online payment platform, has acquired Zecpe, for an undisclosed amount. With Zecpe's technology, online businesses can improve their checkout conversion rates by simplifying the checkout process for customers. In a press release on February 28, 2023,...

Elon Musk surprises Twitter with its latest poll: The result is quite humiliating

As the legal battle between Elon Musk and Twitter is all set to take place in the court of Delaware, both parties are leaving no stone unturned to influence the sentiments of people and put each other in a...

Is Microsoft’s $70 Billion acquisition to crush the ‘Future Of Facebook (Meta)’ under cloud of uncertainty?

It's been more than 6 months since Microsoft officially declared war against what is being touted as the 'Future of Facebook (Meta)'. Microsoft acquisition of Activision Blizzard for a whopping $68.7 billion in January 2022 was the largest deal...

Twitter acquisition deal is off: Elon Musk found it not worthy enough for his dollars

As many have already started suspecting, Elon musk has officially called off the Twitter acquisition deal. Musk declared on Friday that he would abandon his controversial $44 Billion offer to acquire Twitter. He blamed Twitter for the collapse of...

Twitter Acquisition: How Elon Musk pulled it off, in style!

On April 22, Elon Musk shocked the world by revealing he is ready with $46.5 billion to buy Twitter. Not many were ready to digest this, but a person of his stature had no reason to lie. The discloser...

Twitter acquisition: From Poison pill to acquisition pill

Elon buys Twitter, and don't be surprised to see "Muskitter" trending soon! A new feather is added to Elon's hat as the board of Twitter has accepted the $44 billion rather hostile offer from the world's richest person after showing...
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Paytm App Downloads and User Engagement Take a Nosedive Post RBI Measures

The regulatory measures imposed on Paytm Payments Bank by the Reserve Bank of India (RBI) have had a direct...
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