Category: Business

Logitech takeover Streamlabs for $89 million

Streamlabs is being acquired by Logitech for approximately $89 million in cash. Logitech will pay an additional $29 million stocks if the company earns a good revenue Streamlabs makes the famous live streaming app Streamlabs OBS. Logitech is increasing its …

WeWork’s co-founder Adam Neumann steps down as CEO

Adam Neumann the co-founder of WeWork stepped down as the Chief Executive Officer (CEO) of The We Company as reported by the New York Times. Neumann will act as the Chairman of the shared office startup. He will give up …

Digi-Prex a Hyderabad based startup has raised $5.5M with WhatsApp

Digi-Prex has raised $5.5M from Khosla Ventures, Vedanta Capital, Y Combinator, Quiet Capital, and SV Angel. The founder of Tinder, Justin Mateen also participated in the round, said Samarth Sindhi, the founder of Digi-Prex. Digi-Prex just closed its seed round …

Microsoft acquires Semmle for an undisclosed amount

Microsoft’s GitHub took over Semmle, a San Francisco based coding analysis platform vendor. The amount is not disclosed by Microsoft yet. Semmle will be a part of the GitHub business, as reported by both the companies. Semmle was launched in …

HTC gets Yves Maitre as a new CEO after four years, replaces Wang

Yves Maitre has been appointed as the Chief Executive Officer (CEO) of HTC, effective immediately. Maitre was a former Executive Vice President (EVP) of Consumer Equipment and Partnerships, in Orange, one of the largest telecommunication firms. He has been the …

Spotify acquires SoundBetter, the popular music production marketplace

Popular music streaming platform, Spotify has announced the acquisition of SoundBetter without disclosing the terms of the deal. “We’re excited that creators can generate income through SoundBetter” said Beckwith Kloss, Spotify’s VP product, Creator at Spotify. SoundBetter, a New York …