Deals

Time on Thursday announced an agreement to acquire the assets of Viant Technology. The deal will let Time combine its premium content, subscriber data and ad inventory with Viant's first-party data and targeting technology to bring value to clients of both platforms, Time said. "We're going to be ab...

Verizon CEO Lowell McAdams last week confirmed that his company was exploring an acquisition of some of Yahoo's assets, which would be placed under the corporate umbrella of Verizon's AOL unit. McAdams discussed Verizon's interest in an interview with Mad Money host Jim Cramer. Giving AOL CEO Tim Ar...

Microsoft on Wednesday announced an agreement to acquire SwiftKey, whose software keyboard and SDK are used on more than 300 million Android and iOS devices. SwiftKey's technology aligns with Microsoft's vision for more personal computing experiences that "anticipate our needs versus responding to o...

Apple reportedly has hired a team of hundreds of workers as part of a plan to develop a new set of virtual reality headsets. The report came on the heels of Oculus VR finally taking preorders on its Rift virtual reality system, which it is offering for $599. The Rift is scheduled to begin shipping o...

AOL on Monday announced that it has agreed to purchase AlephD as it ramps up efforts to boost its key assets: its global content brands, millennial-focused over-the-top content, original video content, and programmatic advertising platforms. AlephD's algorithms focus on publisher analytics and price...

Foxconn Technology Group has offered as much as $5.3 billion to purchase Sharp, according to media reports this week. Foxconn, formally known as "Hon Hai Precision Industry Co.," is said to have offered between $5.1 billion, or 600 billion yen, and $5.3 billion, or 625 million yen. A response to the...

Streaming media services, including Dish Network-owned Sling TV, could help make up for losses in traditional pay TV subscribers, ESPN President John Skipper said an interview with The Wall Street Journal published Tuesday. However, he also expressed frustration with Apple's attempts to date in the ...

Samsung Electronics on Thursday announced that it had struck a deal that will make it the sole manufacturer of Qualcomm's flagship mobile processor. Samsung last spring began mass production of a logic chip utilizing its 14-nanometer LPP (Low-Power Plus) process in its own Exynos 8 Octa processor. T...

General Motors has agreed to invest $500 million in Lyft, and the companies will work together to develop an integrated network of autonomous vehicles, they said in a joint announcement on Monday. As part of the agreement, GM will become a preferred provider of short-term vehicles to Lyft customers,...

Amazon has been negotiating a lease for 20 Boeing 767 jets as it executes on plans to start its own air cargo business, according to recent reports. It launched a pilot of the service in Wilmington, Ohio, where Air Transport Services Group, or ATSG, has been managing airfreight on Amazon's behalf. A...

Apple and Samsung last week announced separate mobile payment partnerships with China UnionPay, the only domestic bank card network in the People's Republic of China. China UnionPay cardholders will be able to utilize Apple Pay and Samsung Pay via a mobile device. Both services will begin early next...

Alibaba Group last week announced that it has entered an agreement to buy the South China Morning Post and other media assets of SCMP Group. Alibaba, which claims to be the world's largest online and mobile commerce company, said its vision was to provide objective coverage of China to readers aroun...

IBM on Tuesday revealed that it has acquired Clearleap, a company that develops cloud middleware for streaming video between endpoints. Clearleap's scalable video platform can support millions of concurrent users in the event live broadcasting is in high demand. Customers of the company, which recen...