SpaceX is worth over $74 billion now as the company raised $850 million additional capital last week. The growth is driven by the Starship, a fully reusable rocket, and Starlink, a global satellite…

Redfin is set to acquire RentPath, the owner of Rent.com, ApartmentGuide.com, and Rentals.com, in an all-cash deal for $608 million. The transaction is expected to add 700 RentPath’s employees to…

Palantir Technologies reported fourth-quarter earnings results Tuesday, posting a wider-than-expected loss while beating revenue forecasts. Revenue was mainly driven by the government segment which…

International Rights Advocates (IRA) has filed a federal class-action lawsuit against seven chocolate giants including Nestlé, Cargill, Barry Callebaut, Mars, Olam, Hershey, and Mondelēz on behalf of…

Kraft Heinz is selling its nuts business, Planters, to Hormel Foods Corp in an all-cash deal of $3.35 billion as the company trims underperforming brands to focus more on successful brands. For…

Financial Times reported today that Microsoft was supposedly in talks for acquiring social network site Pinterest for $51 billion over recent months. The deal would be the biggest acquisition for…

Tyler Technologies and NIC Inc jointly announced their decision to merge today in an all-cash deal which values the company at $2.3 billion. The merger will combine Tyler’s strength in local…

BGSF announced that it completed the acquisition of Momentum Solutionz for a purchase price consisting of $3.78 million paid at closing and up to $2.22 million in earnout based on achieving certain…

Electronic Arts has decided to buy mobile game company Glu Mobile for $2.4 billion. Glu will receive $12.50 in cash for each Glu share held. The acquisition is expected to enhance EA’s mobile games…

Zimmer Biomet revealed its plan to spin off its Spine and Dental businesses into an independent company to help the company enhance its focus on high priority areas. The company also posted earnings…

Chinese coffee chain Luckin Coffee has filed for Chapter 15 bankruptcy in the US which would protect it against lawsuits by creditors as it works on restructuring itself. Luckin Coffee was caught in…

Magnite has agreed to buy advertising platform SpotX from RTL Group for $1.17 billion through a combination of cash and equity. The combination will allow the merged entity to offer a wider set of CTV…

Biotechnology firm 23andMe has decided to go public via Richard Branson-backed SPAC, VG Acquisition Corp. The deal values 23andMe at $3.5 billion and the existing shareholders will own 81% of the…

Shares of Kia Motors Corp soared 14.5% after local media reported that Apple could potentially be investing $3.6 billion in the automaker to enter into the electric vehicles industry. The deal could…