Apple reportedly paid at least $485 million to acquire the Texture subscription service, which serves as the underlying core to the Apple News+ service. The transaction is thought to have acquired in early 2018. The launch of the Apple News+ subscription has resulted in Apple preparing for the closure of Texture to all users, a move it […]
Tag: acquisition
Apple is apparently expanding its reach in the artificial intelligence field via the acquisition of Silk Labs, an on-device AI technology startup. Last Tuesday, an anonymous source reported that Apple quietly snapped up Silk earlier this year. Details of the acquisition are unknown, though the report estimates the deal was a trivial investment for Apple. […]
Here lies the fate of Beddit. Sleep tracking product company Beddit, which Apple acquired last year. is officially killing off its cloud service on November 15, 2018. As of Friday, September 21st, new users were unable to sign up for Beddit Cloud. In addition, existing users have until November 15, 2018 to use it before […]
Apple is rumored to be ready to deploy 1Password internally to all of its corporate and retail employees around the world over the next few months per an unnamed source. The report offered the following comment: “According to our source, after many months of planning, Apple plans to deploy 1Password internally to all 100,000 employees. […]
One of the largest telecommunications mergers of all time has just been approved. On Tuesday, AT&T received judicial approval to move forward with its $85 billion deal to acquire media giant Time Warner, ending a contentious antitrust lawsuit leveled by the U.S. Justice Department last year. In a ruling handed down by U.S. District Judge […]