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Home services platform Porch acquires four companies

Only a few weeks after its SPAC IPO, Porch today announced that it has made four acquisitions, worth a total of $122 million. The most important here is probably the acquisition of Homeowners of America for $100 million, which gets Porch deeper into the home insurance space. In addition, Porch […]

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Peloton to acquire fitness equipment maker Precor in $420M bid to grow commercial business

Peloton has announced that it intends to acquire Precor, one of the world’s largest suppliers of commercial fitness equipment. You probably recognize the Precor brand name if you’ve ever spent time in a hotel or standalone commercial gym, which is exactly why Peloton making this purchase makes a ton of […]

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President Trump reportedly has approved the Oracle deal for TikTok’s US operations

President Donald Trump said has has given his stamp of approval “in concept” on the Oracle bid for the U.S. operations of the wildly popular social media app, TikTok, according to a report from Bloomberg. According to the Bloomberg report Trump said, “I have given the deal my blessing,” as […]

AI-drawn voting districts could help stamp out gerrymandering

Gerrymandering is one of the most insidious methods out there of influencing our political process. By legally changing the way votes are collected and counted, the outcomes can be influenced — even fixed in advance for years. The solution may be an AI system that draws voting districts with an […]