United StatesTechnology

GigaCloud Technology (NASDAQ:GCT) announced on January 2, 2026, the successful completion of its acquisition of New Classic Home Furnishings, a prominent U.S.-based furniture distributor.

The transaction, valued at $18 million on a debt-free basis, marks a significant step in GigaCloud’s mission to create a "channel-agnostic" B2B ecosystem for large-parcel merchandise.

Maumee, Ohio-based Dana (NYSE:DAN) said Friday it completed the previously announced sale of its Off-Highway business to Allison Transmission (NYSE:ALSN) Holdings for $2.7 billion, effective Jan. 2.

The transaction was valued at 7.5 times the unit's projected 2025 adjusted EBITDA.

Bitfarms (NASDAQ:BITF) announced on January 2, 2026, that it has entered into a definitive agreement to sell its 70 MW Bitcoin mining site in Paso Pe, Paraguay, to the Sympatheia Power Fund (SPF).

The transaction, valued at up to $30 million, marks the final step in the company’s strategic exit from Latin America.

BitVentures (NASDAQ:BVC), a technology-focused company recently rebranded from Santech Holdings and actively developing ventures in e-commerce, digital assets, and consumer healthcare, announced today the official launch of its new Digital Assets segment.

Ecovyst (NYSE:ECVT) has finalized the sale of its Advanced Materials & Catalysts (AM&C) segment to Technip Energies, marking a decisive shift in its capital structure and industrial focus.

The transaction, completed on January 2, 2026, generated net proceeds of approximately $530 million after taxes and transaction-related expenses.

Baidu (NASDAQ:BIDU) officially set the stage for a landmark restructuring of its artificial intelligence empire, announcing a proposed spin-off and separate listing of its chip-design unit, Kunlunxin (Beijing) Technology, on the Main Board of the Hong Kong Stock Exchange.

Base’s creator coin strategy is under scrutiny after a high-profile Zora launch failed to drive lasting onchain activity.

Session executives warn that AI integrated into devices and low public awareness threaten the future of private messaging and user privacy.

Chainlink cemented its role as the backbone of onchain finance in 2025, with governments and global banks adopting its standards for real world blockchain use.

Trump Media plans to issue a new cryptocurrency to shareholders via Crypto.com, deepening the Trump family’s push into digital assets amid ongoing market volatility.

Matthews International Corporation (NASDAQ:MATW) officially closed the sale of its Warehouse Automation business to Duravant on Wednesday, December 31, 2025.

The deal, first announced in mid-November, provides the Pittsburgh-based firm with $232.1 million in total consideration, including $225.4 million in cash.

Ondas Holdings (NASDAQ:ONDS) closed out a transformational fiscal year on Wednesday, announcing approximately $10 million in new purchase orders for its autonomous systems portfolio.