Naver, the South Korean search giant, today announced it plans to acquire secondhand apparel marketplace Poshmark for $1.2 billion in cash. The deal values publicly-traded Poshmark’s shares at $17.90 — a 15% premium over today’s closing price — and the companies expect it to close by Q1 2023, subject to approval by Poshmark stockholders and…
Gaming giant Activision Blizzard unlawfully retaliated against workers at Raven Software who formed a union, the National Labor Relations Board found. The quality assurance (QA) department at subsidiary Raven Software, who mostly work on “Call of Duty,” announced that they would form a union in January. Activision Blizzard sought to block the union, reasoning that…
Gaming giant Activision Blizzard unlawfully retaliated against workers at Raven Software who formed a union, the National Labor Relations Board found. The quality assurance (QA) department at subsidiary Raven Software, who mostly work on “Call of Duty,” announced that they would form a union in January. Activision Blizzard sought to block the union, reasoning that…
Tata Communications already has two centers of excellence (CoEs) in Delhi and Mumbai Indian tech firm Tata Communications announced the launch of a dedicated private 5G global center of excellence (CoE) in Pune, India to accelerate Industry 4.0 applications and capabilities for enterprises. Tata Communications said in a release that the new CoE is…
While the Internet of Things (IoT) is often thought to be something for large enterprises, small/medium businesses (SMBs) can also benefit from deploying IoT networks. There are already millions of IoT devices in use for applications as diverse as fleet tracking, EV charging, vending, smart lockers, energy delivery, video surveillance, environmental control, customer traffic analysis,…
Microsoft’s Windows 10 bridges the gap between users of Windows 8’s touch-oriented UI and more traditional desktop style users alienated by the mobile-inspired design. In many ways, it’s got the best of both worlds, with powerful, traditional desktop applications, as well as mobile-style apps with touch usability, clean design, social media features and mobility in…
For the better part of three decades, Will Smith has been one of the biggest box office draws in Hollywood. But at the moment, everything in his career is overshadowed by the fact that he slapped Chris Rock at the Oscars earlier this year. The incident has hung over Smith’s head for months, but stars…
Click Here to Access the Full Webinar Product as a Service helps manufacturers create different revenue streams and capture aftermarket value, and it helps their customers utilize the assets they need, when they need them, instead of forcing them to make a large upfront capital expenditure. But what are the building blocks needed to start…
Spin, which was acquired by Tier Mobility earlier this year, has laid off about 10% of its staff — including a number of executives — and is exiting Canada and Seattle, TechCrunch has learned. The micromobility company informed its workforce of more than 700 during a Friday all-hands meeting that lower-than-expected demand in the U.S.…
Heading into 2022, it seemed like we were poised for a big year in M&A. This was especially true for enterprise SaaS companies that saw their values begin to fall in late 2021, a trend that extended into this year. Why are we not seeing more aggressive M&A activity and some good old-fashioned bargain hunting…
