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3 articles summarized · Last updated: LATEST

Last updated: April 23, 2026, 11:30 PM ET

Technology M&A and Executive Moves

Bret Taylor’s Sierra continued its technology acquisition spree by acquiring French AI startup Fragment, a firm backed by Y Combinator, signaling deepening private equity interest in specialized customer service automation tools. This move follows news that former Disney CEO Bob Iger rejoined Thrive Capital as an advisor, leveraging his experience after his recent departure from the entertainment giant, while retaining his existing stake in the venture firm where he previously served as venture partner. Separately, the ride-hailing space saw consolidation as Lyft agreed to purchase the United Kingdom operations of black cab app Gett, underscoring the ongoing strategic realignment in the fraught global mobility sector.