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The Browser Company (Arc, Dia) Has Been Acquired by Atlassian
(www.atlassian.com)
This is a most excellent place for technology news and articles.
What happened was, they realised that Arc was a niche product that had a fervient userbase but would never become a mainstream browser, so they announced its development was "complete" and they were moving on to Dia so that they could ~~jump onto the AI bandwagon~~ create the next generation of browser.
You’d think a company that makes browsers could make more than one browser.
Hell, opera has a flavour for however you’re feeling that minute.