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Everybody thought the deal was done — Take-Two was supposed to acquire Codemasters for nearly $1 billion. Take-Two even reached an agreement with the board of Codemasters. But Electronic Arts crashed the party at the last minute and offered even more money. EA now plans to buy Codemasters for $1.

The rush to capitalize on the shift to online learning, post-pandemic, continues. IntellectoKids, a developer of educational apps for children aged 3 to 7 years, has raised $3 million in a Series A financing led by U.S.-based Allrise Capital and other investors, including Genesis Investments. The p

Exoskeleton technology has been one of the more interesting developments in the world of robotics: Instead of building machines that replace humans altogether, build hardware that humans can wear to supercharge their abilities. Today, German Bionic, one of the startups designing exoskeletons specif

Cledara, the SaaS purchase and management platform that helps bring greater viability and control over a company’s sprawling software subscriptions, has raised $3.4 million in additional funding. The round is led by Nauta Capital, with participation from existing investor Anthemis. It comes o

Nokia, the 155-year-old iconic firm that has manufactured a range of items from rubber to cables to phones and telecommunications equipment, is ready to expand to a new category. The Finnish firm on Monday launched the Nokia PureBook X14 laptop in collaboration with Walmart-owned Flipkart for the I

The Chinese government is moving to curb the power of some of China’s most influential internet companies. The country’s top market regulator announced Monday that it is fining Alibaba and China Literature, Tencent’s e-book spinoff, for failing to report their past acquisition dea

Pioneered by WeChat almost four years ago, mini-apps are now common in China and India, and gaining traction in other markets, too. Mini-apps, or lightweight apps designed for integration into host apps, allow smartphone users to access several services through one app, saving them data and storage

Ola said on Monday that it has signed a memorandum of understanding with the government of Tamil Nadu in India to set up what it claims would be the “world's largest scooter manufacturing facility” in the South Indian state as the Indian ride-hailing firm begins a new push with elec

Reddit announced that it has acquired short video platform Dubsmash. The deal's terms were undisclosed. Dubsmash will retain its own platform and brand, and Reddit will integrate its video creation tools. Its leadership team, Suchit Dash, Jonas Drüppel and Tim Specht, will join Reddit. [Edited

When California voters passed Proposition 22 with 58.6% of the vote, they agreed with Uber, Lyft, DoorDash, Instacart and Postmates that gig workers should not be employees who are entitled to myriad labor rights. The proposition they passed stated that gig workers should be independent contractors

The place we're in, the valley of the dolls between the vote and the Inauguration, is overshadowed by the battle to save our lives. The vaccines look promising, and so does the persistence of the Trumpster to play his games. Somehow we have to live with that, on both sides. In the business we&

Welcome back to Human Capital, where I break down the latest in diversity, equity and inclusion, and labor in tech. This week, Twitter dropped its latest diversity report and Tesla released its first one ever. Meanwhile, Google CEO Sundar Pichai apologized for the way things went down with Dr. Timn

Editor's note: Get this free weekly recap of technewss news that any startup can use by email every Saturday morning (7 a.m. PT). Subscribe here. Maybe it is a stock market bubble, or a tech-stock bubble at least. And maybe DoorDash, Airbnb and C3.ai and their bankers should have priced high

Welcome back to This Week in Apps, the weekly technewss series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry is as hot as ever, with a record 204 billion downloads and $120 billion in global consumer spend in 2019. Not including thir