acquired

A new Motorola phone is reportedly in the works as it has bagged multiple certifications. It is speculated to be the Motorola Edge 50 Pro. The upcoming offering has been spotted on BIS, FCC, IMEI and TDRA certification websites. The listings also hint at the imminent arrival of the device. We also get to learn some key specifications of the Edge 50 Pro. Motorola Edge 50 Pro spotted on multiple certification websites The Motorola Edge 50 Pro is listed on certification sites with multiple model numbers. These include…

Klaus – an Estonian-born startup which emerged in 2019 to aid customer services agents – has been acquired by global customer services platform Zendesk for an undisclosed amount. Last year Zendesk also acquired Tymeshift, a workforce management tool, to fold into its product. It would be remiss of us not to mention that the downturn in the the overall tech economy and drop in valuations has certainly helped powered a wave of M&A in the sector. By the end, Klaus had raised a total of $19.3 million from investors…

Broadcasting company Sinclair recently sold off its free, ad-supported streaming TV (FAST) service STIRR to Thinking Media, a startup that provides cloud-based streaming solutions for FAST and over-the-top (OTT) services. The new owners have ambitious plans for the streamer, including an international expansion, tripling its on-demand content library and becoming an AI-native streamer with advanced search capabilities. Cord Cutters News broke the news of the deal, which officially closed two weeks ago. The…

The studio behind Octopath Traveler and Octopath Traveler 2, Acquire, has been acquired by none other than Kadokawa Corporation. In effect, this means that Octopath Traveler and Dark Souls are now under the same umbrella, as Kadokawa also owns From Software, for one. As Kadokawa’s latest earnings results document states, the acquisition was completed to “strengthen the ability to create IP in games as part of game business strategy.” As a result of the acquisition, Kadokawa Corporation expects “to generate synergies…

Octopath Traveler developer Acquire has been purchased by FromSoftware’s parent company, the Kadokawa Corporation, for an undisclosed sum. The Japanese conglomerate announced the acquisition in a quarterly earnings report published today, The purchase makes Acquire a sister company to FromSoftware and Spike Chunsoft, among others. For the uninitiated, FromSoftware is the developer behind little known games like Dark Souls, Elden Ring and Sekiro: Shadows Die Twice. Spike Chunsoft is also no slouch, as it's behind the…

Microsoft is the latest tech company to lay people off en masse. The tech giant, is set to lay off 1900 people form its gaming divisions, including from Activision Blizzard which it had acquired only recently Microsoft is…

Microsoft will let go of 1,900 employees at Activision Blizzard and Xbox this week, it said on Thursday, the latest cuts in the technology sector that has extended massive layoffs over the past years into 2024.The cuts represent about 8 percent of the overall Microsoft Gaming division and will mostly happen at Activision Blizzard.Blizzard President Mike Ybarra and Chief Design Officer Allen Adham are also leaving the company, while a previously announced survival game by Blizzard has been canceled, Microsoft said.I want…

CD Projekt Red has confirmed that it has no interest in being bought out or part of a larger corporation, and wants to maintain its independence.In an interview with Parkiet, CD Projekt Red CEO Adam Kicinski said, "We are not interested in being incorporated into some larger entity. We have worked all our lives to reach our current position. We believe that in a few years we will be even bigger and even stronger."Kicinski also confirmed that CD Projekt Red don't have any acquisitions itself planned at the…

Tata Motors recently announced that its new Harrier and Safari facelifts received a perfect five-star safety rating at the first-ever Bharat NCAP crash tests. Well, now to commemorate and create awareness for this achievement, the company has released a brand new TVC (television commercial) for the new Safari Facelift. The new TVC highlights the Tata Safari’s safety with a small story. The television commercial for the new Safari facelift’s safety has been shared on YouTube by Tata Motors Cars‘ official channel. It…

Farfetch, the beleaguered luxury e-commerce platform that has spent months teetering on the brink of bankruptcy, has found its white knight: The retailer said Monday that Coupang, described as South Korea's answer to Amazon, would acquire it, providing a $500 million lifeline.Farfetch, which is based in London, was once feted as the most dominant force in luxury fashion. It went public on the New York Stock Exchange in 2018, and as consumers and luxury brands flocked to the site, its value shot up, reaching more than $23…