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  • Trending on the Ticker

  • Box ($3.6B market cap) acquires Butter.ai, which enables content searches across apps in the cloud; terms undisclosed; the Butter.ai team is joining Box; Box says the acquisition will make file and data searches predictive and contextualized; Butter.ai previously raised ~$3M - Link

  • IT infrastructure management company SolarWinds acquires cybersecurity company Trusted Metrics; SolarWinds will roll the technology into a new security product called SolarWinds Threat Monitor, which automatically detects malware and suspicious activity; terms undisclosed - Link

  • Tesla plans to open a plant in China with the capacity to produce 500k vehicles a year, according to Bloomberg sources; Elon Musk is set to visit Shanghai today, with Tesla expected to sign a memorandum of understanding; previous reports suggest Tesla will wholly own the factory rather than partnering with a local firm as is customary for foreign companies - Link

  • Univision confirms it's formally exploring the sale of Fusion Media, which includes Gizmodo, Deadspin, and a stake in The Onion; Univision acquired the assets for $135M in a 2016 fire sale from Gawker Media; The Wall Street Journal broke the story last weekend - Link

  • Microsoft launches 10-inch Surface Go starting at $400; runs Windows 10 and features a similar design to Surface Pro; available with 4GB RAM, 64GB SSD, or 8GB RAM and 128GB SSD for $550; available now for pre-order, ships early August - Link