Acquisition

Etsy’s stock jumped over 14% after announcing the sale of its fashion resale subsidiary, Depop, to eBay for $1.2 billion. This move signals Etsy’s strategic shift to concentrate on its core marketplace, exiting its “house of brands” approach. The divestiture, following the sale of other niche platforms, comes amid increased competition and slowing growth for Etsy. For eBay, acquiring Depop strengthens its fashion segment and appeals to younger consumers, coinciding with eBay’s own positive Q4 earnings report.

Digital creator MrBeast, real name Jimmy Donaldson, has acquired the financial services app Step. This move signals a significant expansion for his company, Beast Industries, into the fintech sector, aiming to provide financial literacy and tools to younger demographics. Step, an all-in-one money management platform for teens and young adults, will become a key part of Beast Industries’ growing ecosystem, complementing his other ventures and leveraging his vast online reach to empower millions with financial knowledge.

Banco Santander will acquire Webster Financial for $12.3 billion, creating a U.S. banking leader. The deal significantly boosts Santander’s Northeast presence, making it a top-five deposit holder in the region. Webster’s leadership will integrate into Santander’s U.S. operations, with the transaction expected to close in late 2026.

Apple has reportedly acquired Israeli AI startup Q.ai, signaling a strategic move into audio-focused artificial intelligence. This acquisition, led by CEO Aviad Maizels, whose previous venture PrimeSense was acquired by Apple, could enhance Apple’s existing audio features and accelerate its AI roadmap. The move aligns with investor calls for more substantial AI acquisitions and complements Apple’s ongoing development of features like “Apple Intelligence” and an enhanced Siri.

ServiceNow exceeded Q4 revenue and earnings expectations, reporting $3.57 billion in revenue and 92 cents EPS. Despite strong results and a 20.5% year-over-year revenue increase, shares saw a slight dip. The company announced a $5 billion share buyback authorization and provided optimistic guidance for Q1 and FY26. ServiceNow is actively investing in AI and security, evidenced by recent acquisitions like Moveworks and the planned Armis deal, aiming to integrate these capabilities for enhanced enterprise solutions.

Meta’s $2 billion acquisition of AI startup Manus is under review by Chinese authorities, raising concerns about technology control. This coincides with Meta’s planned subscription models for Instagram, Facebook, and WhatsApp, which will offer enhanced AI features and tools, potentially recouping investments and creating new revenue streams. These AI-centric subscriptions are separate from Meta Verified and aim to provide advanced capabilities to a broader user base.

Assurant has acquired RL Circular Operations, formerly TIC Reverse Logistics, expanding its post-purchase and circular economy capabilities in the APAC region. This move strengthens Assurant’s ability to manage the product lifecycle, reduce waste, and enhance asset value for retailers and manufacturers. The integration aims to leverage AI technologies for sustainable practices, optimize device lifecycle management, and improve consumer experiences across Australia and New Zealand.