Remove 2014 Remove Acquisition Remove Blogging Remove Layoffs
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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. In a post on Kik’s blog on Friday the MediaLab said that it has “finalized an agreement” to acquire Kik Messenger. Securities and Exchange Commission. .”

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Biotech Roundup: Moonshots, Pink Slips, Gilead, Brexit & More

Xconomy

—In the pink slip department, Cambridge-based Infinity Pharmaceuticals (NASDAQ: INFI ) announced 100 layoffs , more than half its workforce, after it terminated its partnership with AbbVie (NYSE: NYSE ) around the cancer drug duvelisib. Analysts wondered if the Tesaro news would push Medivation’s acquisition price higher.