HP just blew $116 million of your ink cartridge money to buy one of Silicon Valley's biggest flopsHumane's sale to HP reflects a significant failure for a company that promised to innovate with its AI Pin.
HP to Buy Humane, Maker of the Ai Pin, for $116 MillionHumane's Ai Pin, intended to replace smartphones, will be discontinued following its acquisition by HP for $116 million due to poor sales.Despite initial hype and high-profile backing, Humane's device struggled with significant functionality issues and did not meet sales expectations.
Elon Musk says he sold X to his AI companyElon Musk sells X to xAI for $45 billion, signaling a merger aimed at leveraging AI capabilities with social media reach.
Elon Musk Leads Group Seeking to Buy OpenAI. Sam Altman Says No Thank You'Elon Musk is leading a $97.4 billion bid to acquire OpenAI and restore its nonprofit status.
HP just blew $116 million of your ink cartridge money to buy one of Silicon Valley's biggest flopsHumane's sale to HP reflects a significant failure for a company that promised to innovate with its AI Pin.
HP to Buy Humane, Maker of the Ai Pin, for $116 MillionHumane's Ai Pin, intended to replace smartphones, will be discontinued following its acquisition by HP for $116 million due to poor sales.Despite initial hype and high-profile backing, Humane's device struggled with significant functionality issues and did not meet sales expectations.
Elon Musk says he sold X to his AI companyElon Musk sells X to xAI for $45 billion, signaling a merger aimed at leveraging AI capabilities with social media reach.
Elon Musk Leads Group Seeking to Buy OpenAI. Sam Altman Says No Thank You'Elon Musk is leading a $97.4 billion bid to acquire OpenAI and restore its nonprofit status.
Big Lots reaches deal to keep hundreds of U.S. stores openBig Lots has secured a deal to maintain hundreds of stores after its bankruptcy, ensuring job preservation and continuity of the brand.
The Body Shop Canada sells majority of its business, 100 workers to be fired | CBC NewsThe Body Shop Canada receives court approval to sell most of its business to Serruya Private Equity, aiming for recovery in a struggling retail environment.
WH Smith name to disappear from High Street after saleWH Smith's High Street chain will be rebranded as TGJones following its sale to Modella Capital, although the WH Smith name will remain for specific outlets.
B&Q buys three Homebase stores in IrelandB&Q acquired three Homebase stores in Ireland for €3.86m, expanding its network and aiding Homebase staff employment transition.
Big Lots reaches deal to keep hundreds of U.S. stores openBig Lots has secured a deal to maintain hundreds of stores after its bankruptcy, ensuring job preservation and continuity of the brand.
The Body Shop Canada sells majority of its business, 100 workers to be fired | CBC NewsThe Body Shop Canada receives court approval to sell most of its business to Serruya Private Equity, aiming for recovery in a struggling retail environment.
WH Smith name to disappear from High Street after saleWH Smith's High Street chain will be rebranded as TGJones following its sale to Modella Capital, although the WH Smith name will remain for specific outlets.
B&Q buys three Homebase stores in IrelandB&Q acquired three Homebase stores in Ireland for €3.86m, expanding its network and aiding Homebase staff employment transition.
Bay Area restaurant with longest bar on West Coast is on the brink of closureOzkaynak admires Cha Cha Cha's legacy and success but struggles with the unfortunate decline of its sister location.
Long-Running San Francisco Coffee Brand Graffeo Gets a New Wealthy Co-OwnerGraffeo's new ownership aims to enhance partnerships and innovation, while Turner's Kitchen closes for personal rejuvenation.
Bay Area restaurant with longest bar on West Coast is on the brink of closureOzkaynak admires Cha Cha Cha's legacy and success but struggles with the unfortunate decline of its sister location.
Long-Running San Francisco Coffee Brand Graffeo Gets a New Wealthy Co-OwnerGraffeo's new ownership aims to enhance partnerships and innovation, while Turner's Kitchen closes for personal rejuvenation.
In Search of a Boring BusinessNicole Rizzo successfully transitioned into a new business by acquiring Die Cleaning Equipment, demonstrating adaptability and resilience in overcoming industry knowledge gaps.
Buying a Business? Here's How to Find the Perfect Acquisition | EntrepreneurEntrepreneurship through acquisition offers a less risky and lucrative alternative to startups.
How To Buy a Business: The Complete Guide (2024) - ShopifyBuying an existing ecommerce business can provide a streamlined path to entrepreneurship and success, leveraging existing setups, resources, and customer bases.
The Apprentice winner given huge payout in one of Lord Sugar's biggest wins yetLord Alan Sugar and Dr Leah Totton celebrate the sale of their Botax clinic chain, showcasing a successful entrepreneurial journey from reality TV to business.
Buying a Business? 3 Secrets to Master the Ownership Transition With Ease | EntrepreneurSmooth ownership transitions alleviate challenges and maintain business momentum.The first 90 days of ownership are critical for understanding and integrating into the new business.
Is Acquiring a Business Right For You? Here's How to Know If You Should Buy a Business or Start From Scratch | EntrepreneurBuilding a business isn't for everyone; entrepreneurship through acquisition offers a faster, more efficient path to success.
In Search of a Boring BusinessNicole Rizzo successfully transitioned into a new business by acquiring Die Cleaning Equipment, demonstrating adaptability and resilience in overcoming industry knowledge gaps.
Buying a Business? Here's How to Find the Perfect Acquisition | EntrepreneurEntrepreneurship through acquisition offers a less risky and lucrative alternative to startups.
How To Buy a Business: The Complete Guide (2024) - ShopifyBuying an existing ecommerce business can provide a streamlined path to entrepreneurship and success, leveraging existing setups, resources, and customer bases.
The Apprentice winner given huge payout in one of Lord Sugar's biggest wins yetLord Alan Sugar and Dr Leah Totton celebrate the sale of their Botax clinic chain, showcasing a successful entrepreneurial journey from reality TV to business.
Buying a Business? 3 Secrets to Master the Ownership Transition With Ease | EntrepreneurSmooth ownership transitions alleviate challenges and maintain business momentum.The first 90 days of ownership are critical for understanding and integrating into the new business.
Is Acquiring a Business Right For You? Here's How to Know If You Should Buy a Business or Start From Scratch | EntrepreneurBuilding a business isn't for everyone; entrepreneurship through acquisition offers a faster, more efficient path to success.
Prada in talks to buy Versace in deal that could reach almost 1.5bnPrada is negotiating to acquire Versace from Capri Holdings for nearly $1.5 billion.
Musk-led group makes $97.4bn bid for ChatGPT maker OpenAIElon Musk's consortium bids $97.4bn to acquire OpenAI, igniting tension over the firm's direction from non-profit to for-profit.
OpenAI shouldn't accept Elon Musk's $97 billion bid to buy itElon Musk's group has made a lowball bid for OpenAI's non-profit arm amid a complex business and political landscape.
Musk-led group makes $97.4bn bid for ChatGPT maker OpenAIElon Musk's consortium bids $97.4bn to acquire OpenAI, igniting tension over the firm's direction from non-profit to for-profit.
OpenAI shouldn't accept Elon Musk's $97 billion bid to buy itElon Musk's group has made a lowball bid for OpenAI's non-profit arm amid a complex business and political landscape.
Top-tier downtown San Jose office hub is acquired by property's lenderAEW Capital Management has acquired Riverpark Towers, aiming to stabilize the property during challenging market conditions.
Tech entrepreneur acquires Tahoe's oldest waterfront barChris Fanini has acquired Tahoe's historic Chambers Landing to revitalize the hospitality experience while preserving its unique charm and community significance.
Top-tier downtown San Jose office hub is acquired by property's lenderAEW Capital Management has acquired Riverpark Towers, aiming to stabilize the property during challenging market conditions.
Tech entrepreneur acquires Tahoe's oldest waterfront barChris Fanini has acquired Tahoe's historic Chambers Landing to revitalize the hospitality experience while preserving its unique charm and community significance.
Sources: Anchor Brewing to be purchased by Chobani's Hamdi UlukayaHamdi Ulukaya, founder of Chobani yogurt, is set to purchase Anchor Brewing, known as a pioneer in American craft beer, saving it from liquidation.
San Francisco Lucky Supermarket to Stay Open Despite New OwnershipJim Pattison Group plans to continue operating San Francisco's Lucky Supermarket for the long term, despite recent store closures in the area.
Sources: Anchor Brewing to be purchased by Chobani's Hamdi UlukayaHamdi Ulukaya, founder of Chobani yogurt, is set to purchase Anchor Brewing, known as a pioneer in American craft beer, saving it from liquidation.
San Francisco Lucky Supermarket to Stay Open Despite New OwnershipJim Pattison Group plans to continue operating San Francisco's Lucky Supermarket for the long term, despite recent store closures in the area.
The Pro's Closet Is Back: Leading Used Bike Retailer Returns TodayTPC is rebooting under new management and private equity backing after nearly shutting down, focusing on buying used bicycles to recover its business.
Dragons' Den star Sara Davies' crafting firm rescued in pre-pack dealModella Capital's acquisition aims to revive Crafter's Companion, preserving jobs despite recent losses and significant creditor shortfalls.
The Pro's Closet Is Back: Leading Used Bike Retailer Returns TodayTPC is rebooting under new management and private equity backing after nearly shutting down, focusing on buying used bicycles to recover its business.
Dragons' Den star Sara Davies' crafting firm rescued in pre-pack dealModella Capital's acquisition aims to revive Crafter's Companion, preserving jobs despite recent losses and significant creditor shortfalls.
The Billionaire Frank McCourt Mounts Bid to Buy TikTokBillionaire Frank McCourt is assembling a group of bidders to potentially buy and rethink TikTok's data usage, focusing on privacy and user control.
China slightly softens stance on possible US TikTok saleChina may be open to selling TikTok's US operations, shifting from earlier opposition.
Former Dodgers Owner Frank McCourt's Latest Takeover Bid: TikTokFrank McCourt, former Dodgers owner known for controversies, plans to buy and rebuild TikTok for digital utopia.
The Billionaire Frank McCourt Mounts Bid to Buy TikTokBillionaire Frank McCourt is assembling a group of bidders to potentially buy and rethink TikTok's data usage, focusing on privacy and user control.
China slightly softens stance on possible US TikTok saleChina may be open to selling TikTok's US operations, shifting from earlier opposition.
Former Dodgers Owner Frank McCourt's Latest Takeover Bid: TikTokFrank McCourt, former Dodgers owner known for controversies, plans to buy and rebuild TikTok for digital utopia.
Belgium's employee advocacy platform Ambassify acquires Social SeederAmbassify's acquisition of Social Seeder strengthens its position in the Employee Advocacy market and enhances engagement strategies for businesses.
Remote Year Collapse: What We KnowRemote Year ceases operations after failing to secure support or funding post-acquisition, leaving customers anxious about their investments.
Kerry Co-op shareholders approve Board proposal to acquire Kerry Dairy IrelandKerry Co-op shareholders approved a proposal for full ownership of Kerry Dairy Ireland, transforming member shares into direct PLC holdings.
Royal Mail enters foreign ownership for the first time in five centuries as Czech billionaire strikes 3.6bn dealRoyal Mail will be sold to Czech billionaire Daniel Kretinsky, marking a significant change in its 500-year history.
Typhoo Tea bought in a 10.2 million rescue deal - London Business News | Londonlovesbusiness.comTyphoo Tea has been acquired by Supreme, ending its administration status and signaling a strategic diversification for the company.
Materia Acquired by Thomson ReutersMateria leverages AI to automate workflows in public accounting, enhancing efficiency and enabling teams to focus on advisory roles.
Conscia expands UK&I presence with PlanNet21 Group acquisitionConscia has acquired PlanNet21 to expand their cyber security and networking solutions in Ireland and enhance customer service offerings.
How Underbidding Can Lead to a Win-Win When Buying a Business | EntrepreneurStrategic underbidding in business acquisitions requires a balance between a strong offer and maintaining a positive relationship with the seller.
True Value hardware declares bankruptcy and sells itself to a rivalTrue Value's bankruptcy filing highlights competitive pressures faced by smaller hardware retailers amid stronger rivals like Home Depot and Lowe's.
Unilever sells Russian business after pressure from campaignersUnilever sells Russian operations amid pressure from campaigners and geopolitical tensions, ending its presence in the country following the Ukraine invasion.
Diageo's Latest Acquisition Fortifies Their Non-Alcoholic PortfolioThe trend of non-alcoholic beverages is skyrocketing, highlighting a significant market potential for companies like Diageo.
The 5 Roles You Need on Your Team When Acquiring a Business | EntrepreneurSuccessful business acquisition requires a skilled team to navigate complexities and integrate diverse business aspects effectively.
Paddy McKillen Jnr confirms takeover of his Press Up group by London investment firmA London-based lender is set to take control of Press Up, injecting new capital amidst challenging market conditions.
Harder Day Buys Water Avenue Coffee From SoHi BrandsSoHi Brands sold Water Avenue Coffee to Harder Day Coffee, signaling a shift in the local coffee industry.
TipRanks, an AI-based stock tip evaluator created after its founder got burned by bad advice, sells for $200M to Prytek | TechCrunchTipRanks, using AI for market data analysis, was acquired by Prytek for $200 million, enhancing its service options and enterprise reach.
Mars, maker of M&M's and Snickers, to buy Cheez-It owner Kellanova for nearly $30 billionMars is acquiring Kellanova for $30 billion to enhance its snacking portfolio with major consumer brands.
More people are becoming entrepreneurs through acquisition: How banks are financing these SMB acquisitions - TearsheetEntrepreneurship through Acquisition (ETA) offers more established business opportunities with lower risks through SBA loans.
Carpetright's collapse leaves creditors facing 213m lossCarpetright's collapse causes a significant financial loss to creditors, with debts mostly unrecoverable.
More than 1,000 jobs could be lost as Tapi to buy Carpetright - London Business News | Londonlovesbusiness.comTapi acquires Carpetright in a rescue deal, leading to the closure of over 200 stores and loss of 1,000+ jobs.
CDK's ongoing cyber outage hits car dealers in Canada, U.S. for 2nd day | CBC NewsA cyber outage at CDK impacted auto dealers in Canada and the U.S., including BMW Group dealers. CDK is working to reinstate services swiftly.