Qualcomm, known for its mobile processors and wireless modems, has agreed to purchase NXP Semiconductors for $39 billion. Including debt, the acquisition is valued at $47 billion, representing the largest semiconductor deal to date. The agreement exceeds the Avago Technologies $37 billion deal to buy Broadcom Corp. In terms of pure tech deals, the agreement lands behind only Dell’s $60 billion purchase of EMC. Dutch company NXP, formerly Philips Semiconductors, is a leader in the growing automotive-chip market, and Qualcomm wants to supply its chips for autonomous vehicles. Continue reading Qualcomm Agrees to Buy NXP Semiconductors for $39 Billion

Shortly after the Time Warner acquisition made headlines, AT&T announced that its streaming TV service, launching next month, will offer 100-plus channels for $35 per month. The company previously suggested that DirecTV Now would not undercut cable. “It’s clear what customers want. They want premium content in a mobile environment,” said AT&T CEO Randall Stephenson. “Our goal is to drive prices down.” The move can also be seen as a way to generate support for the Time Warner deal. “Regulators will heavily scrutinize the proposed merger of two such large and influential companies, but the pair are insistent that the deal benefits consumers,” reports Wired. “Certainly, Internet television benefits consumers.” Continue reading DirecTV Now: AT&T Streaming TV Service to Undercut Cable

Over the weekend, AT&T announced it has agreed to acquire Time Warner for $85.4 billion in cash and stock. If the deal passes regulatory hurdles, AT&T would become home to Turner cable networks (such as TBS, CNN and TNT), premium cable channel HBO and the Warner Bros. film and TV studios. The telco, which already owns DirecTV, would also pick up a stake in Hulu. The new business would combine the carrier’s millions of wireless and pay-TV subscribers with Time Warner’s major media entities, enabling AT&T to produce and distribute an array of content across wireless phone, broadband and satellite TV. Continue reading AT&T to Purchase Media Giant Time Warner for $85.4 Billion

Razer, which develops hardware and services for the gaming world, announced this week that it is acquiring THX from Creative Labs, with plans to run the iconic audio company (founded by filmmaker George Lucas in 1983) as an independent subsidiary with a focus on overseas expansion and new device areas such as VR headsets. THX is expected to continue operating under current management, led by CEO Ty Ahmad-Taylor. Razer, run by CEO Min-Liang Tan and valued at $1.5 billion, also acquired gaming startup Ouya last year. Financial terms of the THX deal have not been disclosed. Continue reading Razer Purchases THX with Plans for VR and Global Expansion

Salesforce has been rumored for some time to be contemplating the purchase of Twitter. But now, Salesforce — like Google and Disney before it — has decided not to buy the digital platform, leading to a 5 percent drop in the value of the company’s stock. With Salesforce no longer interested, some have reported Twitter’s “suitor pool has apparently winnowed to zero.” Now, some believe that Japan’s SoftBank — which has previously expressed interest — could be next in line to make an offer to the social media platform. Continue reading Salesforce Passes on Twitter, SoftBank Could Be Next in Line

While Twitter has shown its potential as a communication and news-sharing platform, and continues to experiment (for example: streaming deals with the NFL and a SoundCloud partnership), the company has struggled to turn a profit and satisfy investors. With all the recent hype surrounding a possible acquisition, NPR asks if “it’s worth pondering the idea of Twitter getting out from under the pressures of Wall Street and turning itself into a nonprofit.” Rather than bending to the relentless pressure of competing for growth and profit, pursuing ad revenue and adjusting how its algorithms sort tweets, the platform could possibly prove most useful to journalists, politicians and grassroots movements if it was “free of investor pressure.” Continue reading Could Twitter Better Serve Communities as a Social Non-Profit?

StubHub has become the first ticketing service to be made available on Apple TV. Users of the fourth-gen connected-TV device can now browse, check seating options, and buy tickets to concerts and sporting events through their televisions (although, to make a purchase, explains TechCrunch, “the Apple TV app will redirect users back to your mobile phone to complete the process”). StubHub, which was acquired by eBay in 2007, currently sells tickets via mobile apps for iPad, iPhone, Apple Watch and Android devices. According to Variety, “the company has partnerships with more than 60 teams in the MLB, NBA, NHL, Major League Soccer and NCAA, as well as AEG, AXS and Spectra.” Continue reading StubHub Rolls Out First Ticketing App Available for Apple TV

Following the CNBC report that Google and Salesforce.com were among those being considered for a Twitter takeover, TechCrunch added that Microsoft and Verizon have also expressed interest. Today, headlines indicate that Disney is considering a possible bid. Bloomberg reports that Disney is working with an adviser on a potential deal, in what would be the company’s latest investment in a string of tech-related media businesses including Hulu, Vice and MLB’s BAMTech. The Wall Street Journal suggests that “a Twitter acquisition would be Disney’s biggest technology deal yet” and “could benefit ESPN as cord-cutting becomes more widespread.” Continue reading Disney Said to Be Considering Possible Bid for Twitter Merger

Twitter is reportedly in early discussions with Google, Salesforce.com and others about a possible takeover of the San Francisco-based company. “Twitter is considering divesting itself of … Vine, the mobile six-second video service, and MoPub, a mobile advertising business,” according to The New York Times. Stalled growth has been a challenge for Twitter, which has largely failed to keep up with competitors in recent years. Facebook’s “offerings like Instagram, WhatsApp and Messenger continued to outpace Twitter in user growth and profitability, while five-year-old Snapchat has become the newest darling of the social media world.” Continue reading Facing Slow Growth, Twitter Said to Be Considering Takeover

Following Rovi’s $1.1 billion acquisition of TiVo and the unveiling of TiVo’s new UX on-screen user experience, the company has now rolled out its latest DVR, the Bolt+ with six 4K tuners and 3TB of storage. While last fall’s 4K-ready Bolt debuted a white chassis and curved form factor, the Bolt+ returns to TiVo’s standard black body. The newest addition to the Bolt family can record 450 hours of HD content and allows users to simultaneously record and stream more shows. The Bolt+ will be available for $499.99 (not including the monthly service fee) starting tomorrow. Continue reading TiVo Introduces Bolt+ DVR with Six 4K Tuners and 3TB Drive

Rovi has completed its $1.1 billion cash and stock deal to acquire DVR pioneer TiVo and, in an unusual move, announced that it would rename itself after the company it just purchased. The company also unveiled TiVo UX, its new on-screen user experience that integrates programming options from multiple platforms for a seamless search and recommendation interface. The new UI — featuring TiVo’s innovative Prediction tech — is designed to access content from TV and mobile sources quicker and easier, in an effort to “allow every device to become a primary screen for video consumption.” Continue reading Rovi Renames Itself TiVo After Buyout, Launches UX Interface

Pinterest is acquiring Instapaper, the app that allows consumers to save content for later viewing. The deal provides San Francisco-based Pinterest with access to vital behavioral data and technology that could help it better target content and ramp up its capabilities to compete with Facebook as a next-generation, insular media portal. Instapaper is expected to remain a standalone app, and Pinterest will invest in its further development. The majority of Instapaper’s team, including CEO Brian Donohue and community manager Rodion Gusev, will relocate from New York to California. Continue reading Pinterest Buys Instapaper, Next Step in Becoming Media Portal

Microsoft acquired Genee, a smart scheduling app that can help improve the company’s virtual assistant Cortana. Currently, Cortana can track packages and set reminders based on location among other tasks but, with Genee, it could also automatically set business meetings simply by recognizing key phrases in emails. That’s just one of the many tasks that an AI-enhanced Cortana would be able to do, all based on Genee’s ability to interpret language. The terms of the deal were not disclosed. Continue reading With Smart App Genee, Microsoft Aims to Boost Cortana’s AI

We have an update to Univision’s $135 million acquisition of Gawker Media. Latest reports indicate that the deal will not save the company’s flagship site, and Gawker.com will shut down next week. “The website itself won’t go dark when it stops publication, but it won’t have anyone running it,” reports Recode. Gawker Media’s remaining sites — including Gizmodo, Deadspin and Jezebel — will be folded into Fusion Media Group, Univision’s English-language digital media division, as part of the company’s push to target millennials. Univision recently invested in The Onion, The Root and Fusion. Continue reading Univision Acquisition Marks End of the Road for Gawker.com

TV network and digital publisher Univision will purchase Gawker Media for $135 million, a deal that includes all seven of the blog network’s sites, including Jezebel, Deadspin and Gawker.com. The only other bidder in the auction, Internet publisher Ziff Davis, originally offered $90 million. “I am pleased that our employees are protected and will continue their work under new ownership — disentangled from the legal campaign against the company,” said Gawker Media owner Nick Denton. “We could not have picked an acquirer more devoted to vibrant journalism.” Continue reading Univision Outbids Ziff Davis, Buys Gawker in $135 Million Deal