Book excerpt: how Google acquired DeepMind for $650M in 2014, beating Facebook to the deal; Mustafa Suleyman used poker-style bluffing to secure a safety board
Before artificial intelligence minted billionaires and roiled the stock market, the London startup caught the attention of tech's biggest names.
Meta signs deals with nuclear power providers Vistra, TerraPower, and Oklo to buy power and support new reactor projects, securing up to 6.6GW of power by 2035
Facebook parent will back nuclear projects with Oklo, Bill Gates-backed TerraPower and Vistra
Meta strikes a 20-year deal to buy 2,600+ MW of nuclear power from three Vistra plants, and announces deals to back new TerraPower and Oklo reactor projects
Facebook parent will back nuclear projects with Oklo, Bill Gates-backed TerraPower and Vistra — Meta Platforms on Friday unveiled …
An EssilorLuxottica independent board director says Meta now holds an “at least 3%” stake in the Ray-Ban maker, and possibly up to 5%, confirming media reports
Facebook-owner Meta (META.O) holds at least a 3% stake in EssilorLuxottica (ESLX.PA), a board director …
Sources: a16z is in talks to join the Oracle-led frontrunner bid for TikTok US, after being approached along with Blackstone and other large asset managers
the ban push started to help Facebook kill a competitor it couldn't out-innovate. now it's morphed into helping the GOP convert another online community into a right wing safe space Mastodon: Jeff Jar...
Sources: Meta has explored a multibillion-euro investment in eyewear group EssilorLuxottica, which makes the Ray-Ban Meta glasses, to expand its partnership
Facebook owner considers multibillion investment in European eyewear group to expand smart glasses partnership
Letterboxd's founders sell a majority stake to Canadian company Tiny; a source says the deal values the film-focused social network with ~10M users at $50M+
Post article to X Post article to Facebook Copy article link Tiny : Tiny Announces Majority Acquisition of Letterboxd Alex Weprin / The Hollywood Reporter : Letterboxd, Film Discussion Platform, Sells...
Sources: Meta pays BuzzFeed to generate creator content for Facebook and Instagram and to train online creators to grow, as part of a ~$10M deal reached in 2022
Partnership marks latest iteration of yearslong relationship between digital publisher and social-media giant
Adobe's Figma retention package may be the biggest since Facebook bought WhatsApp in 2014, exceeding deal packages from Auth0, LinkedIn, Mobileye, and Slack
a key player in the Figma deal, now on the Adobe side. Salesforce couldn't hold on to Tableau's Adam Selipsky, back as CEO at AWS. https://www.forbes.com/... https://twitter.com/... Alex Konrad / @ale...
Adobe's Figma deal raises big questions about its M&A whack-a-mole strategy in response to free alternatives; the deal is 50x Figma's reported 2022 ARR of $400M
Bryce Elder / Financial Times : Tweets: @amaldorai , @workmj , @bitech , @ohmdee , and @hkanji Tweets: Amal Dorai / @amaldorai : I'm not surprised that Adobe is acquiring Figma for $20B, nor that Wal...