Alphabet agrees to acquire data center company Intersect for $4.75B in cash, plus its existing debt, as part of its push to expand its AI data center footprint
it's grid access and generation lead time. Buying Intersect compresses years of permitting … Andres Pacheco : Excited to announce that Intersect is being acquired by Alphabet Inc.! — Leading the st...
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...
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...
Disney, Fox, and WBD say they have agreed to discontinue their Venu Sports streaming joint venture and will focus on existing products and distribution channels
Sigh. Streaming TV prices are going to get obscene in 2025. — www.theverge.com/2025/1/10/24... Mastodon: @SuffolkLITLab@esq.social : TL;DR: Venu Sports, the anticipated joint streaming venture from...
Mastodon forms a new US non-profit, to receive tax-deductible US donations and in-kind support, with Twitter co-founder Biz Stone and others on its board
As part of our commitment to supporting the growth and operational capabilities of Mastodon, we have established a 501(c)(3) …
Seattle-based online retailer Zulily, which had a ~$7B market cap in 2014, winds down; in a December 11 lawsuit, Zulily accused Amazon of stifling its business
Weeks after laying off 800+ employees and suing Amazon … TechRadar : Former ecommerce giant Zulily shuts down PYMNTS.com : Zulily's Last Checkout: The Retail Road to Its Online Closure Pamela N. Danzi...
Broadcom's VMware Cloud Foundation Division ends perpetual licenses, moves to subscriptions, and makes a “dramatic simplification” of its product portfolio
Now that our acquisition by Broadcom has successfully completed … Ed Targett / The Stack : Broadcom is killing off VMware perpetual licences and strong-arming users onto subscriptions Larry Dignan / C...
Bio: before buying Twitter, Elon Musk promised Jack Dorsey that, if Dorsey ever needed money, Musk would buy Dorsey's stock at the $54.20/share takeover price
Jack Dorsey had second thoughts about supporting Elon Musk's takeover of Twitter, so Musk made Dorsey a secret offer he couldn't refuse … Mastodon: @Jonathanglick@mstdn.social Mastodon: Jonathan Glick...
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...