Filing: Elon Musk delivers a non-binding proposal to take Twitter private by acquiring all outstanding stock for $54.20 per share, in a cash deal worth ~$43B
not “cancel culture” — are ruining discourse Eugene Robinson / Washington Post : If Elon Musk wants Twitter, he's welcome to it Financial Times : How Elon Musk could fund his $43bn Twitter takeover Ga...
Facebook buys BigBox VR, the maker of VR battle royale title POPULATION: ONE, in its fifth VR game development studio acquisition
we're excited to welcome BigBox VR to Facebook and help them achieve their vision for POPULATION: ONE as a state-of-the-art VR social gaming experience and pursue future projects. https://www.oculus.c...
Source: Facebook and Snap recently approached Dubsmash, a lip-syncing video app, about an acquisition, with discussions including a possible nine-figure deal
Alex Heath / The Information :
Source: Facebook held talks to acquire Fitbit but wanted to pay roughly half of the $2.1B that Google eventually agreed to pay
Alex Heath / The Information :
DoorDash agrees to acquire Caviar, Square's food delivery business, for $410M in cash and preferred DoorDash stock
> in unproven food and ride-hailing it would seem that the acquirer has an incentive to pay up because it creates a high implied valuation for the category of which they're a member — even though obvi...
Sources: Apple is preparing to buy self-driving car startup Drive.ai in a likely acquihire; Drive.ai has raised about $77M and was valued at about $200M in 2017
and, rumor has it, that buyer could be @apple. https://buff.ly/2Z8tM8I pic.twitter.com/38vXO2Wfi4 Amir Efrati / @amir : Nearly 4 months later, “end scene” seems to be in order. https://www.theinformat...
Verizon writes down the value of its AOL and Yahoo acquisitions by $4.6B in filing, amid tough competition in the digital advertising industry
Yahoo, Aol, HuffPo—worth only $200m, 30% less than HuffPo alone was worth when Aol bought it. What were they thinking? https://www.cnn.com/... Ben Walsh / @bendwalsh : yiiikes in hindsight, you have t...