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Tech, Media & Telecom Market Talk: DoorDash, Marvell & More

Wall Street Journal Markets •
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Find insight on DoorDash’s agreement to buy Instacart, Marvell’s Lumentum deal and more in the latest Market Talks covering technology, media and telecom. DoorDash is reportedly in advanced talks to acquire Instacart in a deal that could reshape the food delivery and grocery sectors. Meanwhile, semiconductor firm Marvell Technology has agreed to acquire Lumentum Holdings for approximately $1.2 billion, expanding its optical networking capabilities. The transaction is expected to close in the second half of 2025.

In other news, Netflix is ramping up its advertising efforts, aiming to boost ad-supported subscribers by 50% by year-end. Apple continues to negotiate with Disney and Warner Bros. Discovery for bundled streaming offerings. T-Mobile and Sprint integration remains on track, with 5G coverage now reaching 99% of the U.S. population. Analysts caution that regulatory scrutiny could impact deal timelines, especially for large tech acquisitions.

Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing