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Tag Archives: Silicon Valley

Apple is Acquiring Texture, a Digital Magazine Subscription Service

The “Netflix of magazines” will soon be owned by the Cupertino company for an undisclosed amount.

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Reports: Apple to Acquire Shazam for $400 Million

New reports out of both Recode and TechCrunch today claim Apple is gearing up to acquire music identification service Shazam for $400 million. The deal, according to both reports, could be announced as early as next week, with one stating news could come on Monday.

T-Mobile and Sprint Reportedly Close to Merging Deal

A report out of Reuters who quotes “people familiar with the matter” states T-Mobile and Sprint could be close to merging. A deal is reportedly being finalized and could be announced as soon as next month. As for specifics surrounding the deal, T-Mobile’s parent company,

Google Hires HTC’s Smartphone Division for $1.1 Billion

After multiple rumors and reports indicating the move would be made, Google has announced they’re spending $1.1 billion to hire employees in HTC’s smartphone division to further work on the search giant’s smartphones such as the Pixel. HTC will still retain all rights to its

HTC Stops Share Trading Ahead of Expected Google Takeover

HTC has stopped its share trading ahead of an expected Google takeover of the company’s smartphone division, according to Bloomberg‘s Tim Culpan. Previously, a takeover of the company’s smartphone business was rumored to be done by Google, but not much had emerged from those reports

Andy Rubin’s Essential is Now a Billion-Dollar Company

Andy Rubin’s Essential is now a billion-dollar company, according to Bloomberg columnist Tim Culpan. Thanks to Foxconn’s FIH Mobile $3 million investment in Essential to own 0.25 percent of the company, Rubin’s brand that has yet to ship a single product is now valued at

Nextbit Has Been Acquired by Razer

Nextbit has announced on their community that they’ve been acquired by Razer, that really popular gaming PC and monitor company hard-core techies are bound to be familiar with. It’s unclear how much the latter bought the former for, but we may learn additional details soon.