Gaming software maker AppLovin made an unsolicited offer to buy Unity Software in a all-stock deal worth $17.54 billion, with an unusual condition: Unity must abandon an existing agreement to acquire an AppLovin competitor called ironSource. If it’s successful, the bid—which values Unity at $58.85 per share and assigns a $20 billion enterprise value to the company—would result in current Unity...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Exclusive e-commerce crypto
What Went Wrong at Wyre, the Crypto Payments Startup That Went From $1.5 Billion Deal to Last-Ditch Rescue
In early May, crypto startup Wyre rented out three houses in Arizona for an offsite for its product and engineering teams. Executives arranged a tour of the Grand Canyon nearby and rented all-terrain vehicles to ride around the area, one person who attended told The Information. There was good reason to celebrate: Weeks before, checkout startup Bolt announced it had inked a deal to buy Wyre for...
Japan and Netherlands To Join U.S. Restrictions on Chip Machinery Exports to China
Intel Shares Plummet After Weak Earnings, Sales Forecast
SAP Lays Off 2.5% of Workforce, Eyes Sale of Qualtrics Stake
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Exclusive microsoft ai
How Microsoft’s Stumbles Led to Its OpenAI Alliance
Founders' Keepers startups culture
Founders’ Keepers: The Gadgets, Mugs and Mementos That CEOs Can’t Work Without
Athletes wear lucky socks. Children have their favorite stuffies. But tech founders? Their most prized workplace possessions run an exceptionally wide gamut, ranging from the idiosyncratic (a Jesuit obelisk) to the alarmingly practical (a pistol lockbox) to the comfortingly basic (a yellow pad and pen).
Thoma Bravo, Vista Approach Sumo Logic About a Possible Buyout
The Big Read
Citizen Marc: Why the Andreessen Horowitz Founder Can’t Stop Chasing Dreams of a New Media