Netflix agrees to acquire WBD's studios and streaming business in an $82.7B cash-and-stock deal, including debt, to close after WBD splits in two in Q3 2026
Netflix announced this week that it had reached … Axios : Netflix to buy Warner Bros. for nearly $83 billion Alex Pigman / Taipei Times : Warner Bros acquisition by Netflix sparks backlash Victory Emm...
A special committee of 23andMe's board says it's not “prepared to move forward” with CEO Anne Wojcicki's $0.40-per-share offer to take the company private
A special committee of 23andMe's board said it's not “prepared to move forward” with Chief Executive Officer Anne Wojcicki's offer … X: @carnage4life X: Dare Obasanjo / @carnage4life : 23andMe's board...
Verizon plans to sunset BlueJeans, a business-focused video conferencing app the company acquired in 2020, on August 31, due to “the changing market landscape”
Verizon dropped hundreds on millions on BlueJeans at the height of pandemic lockdowns. Threads: Dare Obasanjo / @carnage4life : Verizon is shutting down the Zoom competitor it purchased for $400 milli...
Elon Musk takes Twitter private, merging the company with X Holdings, delisting from NYSE, dissolving the board, and moving staff stock options to cash bonuses
Elon Musk's former fans have lost faith in the idea of the billionaire genius. Angela Watercutter / Wired : Twitter Writes Twitter's Requiem Livemint : Big reveal in Parag's sacking! Messages between ...
Elon Musk's offer to buy Twitter likely was a joke, since he previously pretended he would take Tesla private, but he may not be able to get out of the deal
Good morning! If you're looking to head to Bhutan anytime soon, we've got some news for you. Leigh Mc Gowran / Silicon Republic : What's going on with Elon Musk's Twitter deal? Aryaansh Rathore / Mar...
Sources: Salesforce has held talks about acquiring Slack, although a deal is not guaranteed
they've kind of become the tech acquirer of choice. Big enough to buy $20b businesses, small enough to avoid regulatory scrutiny. https://twitter.com/... Will Oremus / @willoremus : just a stray thoug...
Just Eat Takeaway's Grubhub acquisition rests on the belief that restaurants should handle delivery, offering an order platform while avoiding associated costs
Bid by Dutch giant Just Eat Takeaway would join two companies that have avoided building their own delivery fleets Tweets: @carnage4life and @paulpage Tweets: Dare Obasanjo / @carnage4life : Grubhub's...
Sources: Intuit is nearing a deal to buy personal finance portal Credit Karma for about $7B in cash and stock; the deal could be announced as soon as Monday
Acquisition would be Intuit's largest ever and the first sizable transaction under CEO Sasan Goodarzi Tweets: @cararlombardo , @carnage4life , @bsteverman , @chriszeoli , @cararlombardo , @semil , @aa...
WeWork says SoftBank will provide $5B in new financing and buy up to $3B in shares from existing shareholders, which would give SoftBank an 80% stake in WeWork
Also FPOs and MSCI. Wall Street Journal : WeWork Ex-CEO Set for Big Payout Benedict Brook / news.com.au : Stricken billionaire's daftest idea yet Jonathan V. Last / The Bulwark : WeWork Is Why People ...