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UnearthInsight: Indian IT companies have spent $7.1B on acquisitions since the start of 2025 to gain clients, as AI-led pricing pressure weakens organic growth (Shristi Achar/The Economic Times)
https://economictimes.indiatimes.com/t…

IT firms spend big on acquisitions as AI hits growth
Indian IT companies are buying smaller companies to boost growth. Acquisitions are happening due to AI's impact on pricing and organic growth. Companies are spending billions to gain clients and market share. These deals help IT providers enter new markets and offer expanded services. This strategy aims to counter revenue pressures and vendor consolidation.

U.S. app uninstalls of ChatGPT’s mobile app jumped 295% day-over-day on Saturday, February 28, as consumers responded to the news of OpenAI’s deal with the Department of Defense(DoD)
Meanwhile, U.S. downloads for OpenAI competitor Anthropic’s Claude jumped up by 37% day-over-day on Friday, February 27, and 51% as of Saturday, February 28,
after the company announced that it would not partner with the U.S. defense department.
Anthropic said it was not able to agree on the d…

ChatGPT uninstalls surged by 295% after DoD deal | TechCrunch
Many consumers ditched ChatGPT's app after news of its DoD deal went live, while Claude's downloads grew.

Franklin Templeton agrees to acquire CoinFund spinoff 250 Digital to form Franklin Crypto, which will offer strategies designed for institutional investors (Vicky Ge Huang/Wall Street Journal)
https://www.

Primary Wave Music plans to acquire Kobalt, one of the world's largest independent music publishing companies, from Francisco Partners, creating a ~$7B company (Jem Aswad/Variety)
https://variety.com/2026/music/news/primary-wave-to-acquire…

Primary Wave to Acquire Kobalt, Creating $7 Billion Company
Primary Wave Music announced a 'definitive' agreement to acquire Kobalt, combining two of the world's largest independent music companies.

Amadeus IT Group, which operates the world's largest travel booking system, plans to acquire French biometrics company Idemia Public Security, for €1.2B in cash (Javi West Larrañaga/Reuters)
https://www.reuters.com/business/amadeus-b

All Substitution Is Local
Nidhish Shah, Shaurjya Mandal, Asfandyar Azhar
https://arxiv.org/abs/2604.01443 https://arxiv.org/pdf/2604.01443 https://arxiv.org/html/2604.01443
arXiv:2604.01443v1 Announce Type: new
Abstract: When does consulting one information source raise the value of another, and when does it diminish it? We study this question for Bayesian decision-makers facing finite actions. The interaction decomposes into two opposing forces: a complement force, measuring how one source moves beliefs to where the other becomes more useful, and a substitute force, measuring how much the current decision is resolved. Their balance obeys a localization principle: substitution requires an observation to cross a decision boundary, though crossing alone does not guarantee it. Whenever posteriors remain inside the current decision region, the substitute force vanishes, and sources are guaranteed to complement each other, even when one source cannot, on its own, change the decision. The results hold for arbitrarily correlated sources and are formalized in Lean 4. Substitution is confined to the thin boundaries where decisions change. Everywhere else, information cooperates. Code and proofs: https://github.com/nidhishs/all-substitution-is-local.
toXiv_bot_toot

Sources: London-based DAZN agrees to acquire ViewLift, which builds tech for streaming services for 15 professional US sports teams and others, for ~$100M (Isabella Simonetti/Wall Street Journal)
https://www.

Sources: London-based DAZN agrees to acquire ViewLift, which builds tech for streaming services for 15 professional US sports teams and others, for ~$100M (Isabella Simonetti/Wall Street Journal)
https://www.

Kraken parent company Payward agrees to acquire Bitnomial, a digital asset derivatives platform, for up to $550M in cash and stock (Will Canny/CoinDesk)
https://www.coindesk.com/business/2026/04/

Kraken's parent company Payward to acquire derivatives exchange Bitnomial for $550 million in cash and stock.
The deal gives Payward control of a fully licensed U.S. crypto derivatives stack, accelerating its expansion in regulated markets.

Publicis agrees to acquire LiveRamp, which allows companies to share and build new data sets and models that can power agentic frameworks, for $2.2B in cash (Alison Weissbrot/Adweek)
https://www.adweek.com/agencies/publicis-to-acquire-liveramp-for-22-billion/

Publicis to Acquire LiveRamp for $2.2 Billion
The data collaboration platform will remain agnostic under new owner