Nokia acquired Rapid, the world's largest API hub and marketplace. The Finnish company aims to increase revenue from its 4G and 5G networks. Nokia seeks to capitalize on the growth of artificial intelligence. The deal grants Nokia ownership of Rapid's technology and research unit. This allows clients to integrate networks, manage API usage, and collaborate with developers.
Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV for about $650 million, acquiring the restaurant delivery service at a steep discount to the $7.3 billion price tag it commanded during the early days of the Covid pandemic.
