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David G. Bradley, the chairman and owner of Atlantic Media, is announcing this morning that he is selling a majority stake in The Atlantic to Emerson Collective, an organization led by philanthropist and investor Laurene Powell Jobs. Bradley will retain a minority stake in The Atlantic and will continue as chairman and operating partner for […]
Snapchat parent company Snap has acquired marketing campaign tracking company Placed, which tracks things like store visits and offline purchases. A study by Placed of the habits of two million Snapchat users last August, for example, breaks down most popular stores for Snapchat users by age, gender, and ethnicity. Placed will help improve Snapchat offerings like Snap […]
With hopes of growing the esports scene in Southeast Asia, events management company Zenway Productions announced that it has acquired DeadlyKittens, a team that specializes in Blizzard Entertainment’s Heroes of the Storm. Last year, esports generated a revenue of $ 892.4 million worldwide according to market research firm SuperData, with Asia in the lead bringing […]
Microsoft has acquired Israeli cybersecurity startup Hexadite in a deal thought to be worth around $ 100 million, according to a report (in Hebrew) in local Israeli business publication the Calcalist. Founded in 2014, Hexadite is perhaps less about preventing cyberattacks than it is about identifying and addressing them swiftly when they occur. Its technology connects to existing cybersecurity detection systems, […]
Despite supposed leaks and legal battles, mixed reality outlet Magic Leap’s technology remains under wraps, but the company looks like it’s getting serious about creating content for it. Business Insider is reporting that Magic Leap has acquired Texas-based FuzzyCube Software, a mobile developer that’s worked on apps such as Temple Run 2 and Epic Loot. […]
DreamWorks Animation is looking to adapt another series from How to Train Your Dragon creator Cressida Cowell. Part one of Cowell’s new series, The Wizards Of Once, doesn’t hit stores until this Fall, but DreamWorks has already scooped up the rights. Her new series involves witches, warriors, and a 12-year-old that’ll change the world. Below, learn more about The Wizards […]
Taxis have been taking a beating over the past few years, thanks to the popularity of on-demand ride services like Uber and Lyft. Sensing an opportunity, Flywheel, which was at one point called Cabulous, set out to modernize this legacy transit option. After seven years, the company has been acquired by competitor Cabconnect to craft […]
Eyeo, the Germany-based company behind perennially popular adblocking service Adblock Plus, has today announced that it has acquiredFlattr, a micropayment and microdonation service headquartered in Sweden. Terms of the deal were not disclosed. Cofounded in 2010 by Peter Sunde, the same guy who helped build the Pirate Bay, Flattr is an online system that allows users and fans […]
Eventbrite, the event ticketing startup valued at just over $ 1 billion, has acquired Nvite, a smaller competitor. Nvite, based in Washington, D.C., had raised $ 1 million in funding in 2014 from a group of local investors. An Eventbrite spokeswoman confirmed the deal and provided the following statement: We’re excited to welcome Nvite to […]
Late last year, we learned that The Raid and The Raid 2 director Gareth Evans has a new film brewing. It’s a period revenge thriller called Apostle, and it stars Dan Stevens, who’s having quite the moment right now between his turns in Legion and Beauty and the Beast. Now, Netflix has just acquired global distribution rights […]
