Bumble to be taken private by Ithaca Holdings in $1.3 billion deal

Sources · 5 sources

1. BL

   Bloomberg@businessPost on X · 4h ago

   Dating-app company Bumble is being taken private by newly formed firm Ithaca Holdings for $1.3 billion https://t.co/GcEmsROmOL

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2. TE

   Techmeme@TechmemePost on X · 2h ago

   Bumble says it has agreed to be taken private by Ithaca Holdings in a $1.3B deal; Ithaca co-founders Ravi Gupta and John Hegeman will become Bumble's co-CEOs (Reuters) (Visit Techmeme dot com for the link and full context!)

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3. TS

   The Straits Times@straits_timesPost on X · 3h ago

   Dating app Bumble swipes right on US$1.3b buyout as users fall out of love https://t.co/czB227hMd0

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4. WE

   webulite@webulitePost on X · 1h ago

   Tech Headlines (last 30 hours) Bumble says Ithaca Holdings will pay $6.05 per share a 138% premium to Bumble's Friday close; BMBL jumps 56% to $5.94 after a 50% jump Monday on sale reports Bumble says it has agreed to be taken private by Ithaca Holdings in a $1.3B deal; Ithaca co-founders Ravi Gupta and John Hegeman will become Bumble's co-CEOs Sources: Rockstar plans to release the PC version of GTA 6 within the first three months of 2027 after releasing it on PS5 and Xbox Series X/S on November 19 Apple says the HomeView will not be available in the EU because Siri AI is currently unavailable on iOS there and it is "working constructively with the EU" Uber's head of autonomous mobility and delivery Sarfraz Maredia is leaving on November 16 after 12 years at Uber the latest exit from its autonomous unit Apple HomeView demo: a square screen with a personalized iPhone-like experience based on facial recognition up to six users Siri AI and a closed ecosystem Apple unveils the fourth-gen Apple TV 4K with Siri AI an A19 chip 128GB of storage far-field mics Wi-Fi 7 and Bluetooth 6 shipping November 13 for $299 Apple unveils the $149 HomePod mini 2 with an S10 chip "Sound Glow" interactive lighting and Siri AI via a future update in five colors shipping October 30 Apple unveils the Apple Home Collection a lineup of smart home accessories made with LG and Schneider including cameras thermostats a doorbell and a lock Apple unveils the $299 Apple HomeView a 7" smart display with an A18 chip tabletop and wall-mounted versions and "HomeView software" shipping November 13 Sources: Anthropic and OpenAI have pushed for substantial control over what external AI evaluators can publish out of concern that trade secrets could leak Sources: US banking regulators are questioning banks about their deployment of agentic AI use of Chinese-developed AI models and autonomous system safeguards The IMF lifts its 2026 global GDP growth forecast to 3.1% up from 3% in July citing an AI boom that offsets Middle East war disruptions and high energy costs How crypto billionaires Christopher Harborne who owns 12% of Tether and Ben Delo donated $100M to Nigel Farage's Reform the largest donations in UK history Accenture's market cap rebounded from $76B in June to $130B ahead of its investor day where it seeks to reassure investors that AI won't threaten its business Meta confirms Muse lets users "engage in adult conversations if they choose using a private and secure VM" saying it doesn't block "legal adult behavior" Alibaba unveils its next-gen Qwen Glasses N1 starting at $450 with 50MP cameras sensors and eye-tracking on the $520 Pro model and Qwen Clip AI earbuds SpaceXSI launches a unified X Subscription bundling Grok Cursor and X Premium with tiers at $8 $30 $100 and $200 per month; the $30 tier includes Grok Bot Sources: Chinese tech companies bought 1M Nvidia gaming and workstation chips mostly RTX 5090 and RTX Pro for basic AI workloads amid an AI chip shortage CXMT says it plans to launch a 4F design DRAM chip for data center servers before the end of 2026 achieving a breakthrough that rivals have pursued for years IDC: China's Q3 smartphone shipments fell 15.4% YoY to 57.9M units the sixth straight quarter of decline; Huawei led with a 21% share and Apple had 17.8% Singapore-based data center developer DayOne raises $3.67B including a $2.4B offshore term loan facility from seven banks to fund its Malaysia expansion A deep dive on Amazon's robotics efforts resulting in 1M active warehouse robots; Amazon is still the world's 2nd-largest corporate employer with 1.5M workers A global chip stock sell-off deepens after Broadcom's CEO likened AI investing to a casino with Samsung down as much as 8.8% SK Hynix 9.2% and Micron 4% Character .AI files for Chapter 11 bankruptcy in the US agrees to sell some assets to Disney for $20M and plans to keep operating as it completes the sale IDC: Nvidia's AI chip shipments in China fell 44% YoY to 678K in H1 2026 as its market share slid to 34% amid US export curbs and rising domestic competition China-based Transsion which dominates the market for smartphones in Africa raised $390M from a Hong Kong share sale after pricing the deal near the top end Anthropic says new measures like preserved thinking in Fable 5.1 and Opus 5.5 have reduced data harvesting through distillation attacks by about 90% to 99% Sources: NTT Data is in advanced talks to build a data center for Anthropic in Osaka of up to 500 MW among Japan's largest potentially costing $6.3B Q&A with Mark Zuckerberg and Alexandr Wang on the Muse app Muse Wonder the risks of committing $100B to AI rebooting Meta's AI team agentic commerce more Japanese manufacturer Omron says it will acquire US industrial PC firm OnLogic and its parent company Interlogic for $675M to boost its "physical AI" efforts Leading Chinese mathematicians launch an alliance including eight orgs and aiming for 1000 scientists to focus on developing specialized AI models for math Sources: JPMorgan and Goldman leading a $5B loan sale with a yield of 11% for AI startup Volta took a rare move to limit exposure by underwriting just $1.3B Anthropic researchers say small AI models may be months away from being able to self-replicate on IoT devices like smart ovens and off-brand Android TV boxes Sources: Epic has delayed the release of an upcoming game instructing developers to implement an "AI first" production model with "no more hand-written code" Suki an AI ambient scribe for healthcare providers raised a $90M Series E led by Healthier Capital; a source says it projects $60M-$80M in revenue this year Sources: Bumble is in advanced talks to be taken private at a $1B valuation; the buyer is Ithaca Holdings a firm founded recently by two Silicon Valley execs Muse Wonder Full (max) outperforms Fable 5.1 (max) on Artificial Analysis' Intelligence Index matches Sonnet 5.5 (max) and is just shy of Opus 5.5 Meta says Muse Wonder is available to Muse app subscribers via Meta Model API and Muse Code; Wonder Full is available to Muse Code subscribers Meta says Wonder includes Active Memory and Active Focus two features designed to help AI systems perform more useful work over extended periods Meta says it plans to power its Muse AI agent with Wonder starting with subscribers and will develop specialized models it "can bring to everyone using Muse" An interview with Mark Zuckerberg who says Meta has caught up with rivals at the frontier of AI with its Wonder model and rejects calls for a slowdown Meta introduces Muse Wonder and Muse Wonder Full saying they deliver state-of-the-art performance on personal and professional agentic tasks Getty enters a restructuring agreement to take the company private with Getty family and Koch Equity committing to invest up to $533M to own 100% of Getty Microsoft says Maia 300 racks will hold 96 chips and use 167 kW of power and plans to roll out "multi-gigawatt deployments" of the chip starting next year How the Chinese scam industry is spreading beyond Asia's fortified compounds as AI makes it cheaper and easier to run fake investment schemes and other scams Cyberattacks on Sunday night targeted Danfoss-managed refrigeration systems across hundreds of French supermarkets heating them to 50C for roughly six hours Googlebooks hands-on: a rocky start with severe connectivity file-sharing and software stability issues; core productivity software lacks full desktop parity Global smartphone shipments fell 20% YoY in Q3 to a 14-year low amid memory shortages; Apple's share crossed 20% for the first time in any Q3 reaching 22% Analysis: constructing and equipping a 1GW AI data center in Abilene Texas could cost $30B including $17B on chips $3B on power and $2.4B on construction A profile of Microsoft EVP of Copilot Charles Lamanna a potential Satya Nadella successor; a source says Microsoft is on track to pay Anthropic $2B per year Google says Health Guardian is launching later in October on the Fitbit Air and Edge for Google Health Premium users and expands automatic activity tracking Microsoft unveils its third-gen in-house AI chip the Maia 300 built on TSMC's N2P process node and aimed at serving as its "primary AI inference system" Google unveils the $180 Fitbit Edge featuring an oval 1.34" display and shipping October 27 replacing the Fitbit Charge 6 and discontinuing the Charge line Elon Musk contributed $276M since July to Republican entities including $158M to the Senate Leadership Fund; sources: he is taking a more hands-off approach

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5. TE

   TechCrunch@TechCrunchPost on X · 2h ago

   After years of declining subscriber numbers and falling revenue, Bumble just agreed to a $1.3 billion acquisition. https://t.co/lYxKJPmvUN

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6. TE

   Techmeme@TechmemePost on X · 2h ago

   Bumble says Ithaca Holdings will pay $6.05 per share, a 138% premium to Bumble's Friday close; BMBL jumps 56% to $5.94, after a 50% jump Monday on sale reports (Bloomberg) (Visit Techmeme dot com for the link and full context!)

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