Warner Bros. Discovery will shut down CNN+ on April 30, after its March 29 debut; sources: CNN+ had ~150K subscribers and was on pace to hit first-year goals
the same firm that suggested pharmacists get REBATES for opioid deaths—charged CNN millions to tell it what someone wanted to hear. Every $ wasted could have gone to paying journalists. https://twitte...
Amazon says it will acquire MGM Studios for $8.45B, its second-largest acquisition since it paid $13.7B for Whole Foods in 2017
they are laser-focused on expanding and entrenching their monopoly power. That's bad for workers, consumers, and small businesses. Josh Hawley / @hawleymo : This sale should not go through. @amazon is...
Twitter says Silver Lake will invest $1B as it enters into an agreement with Elliott Management to avoid ousting Dorsey and launches a $2B share buyback program
If an emerging growth company, indicate by check mark … Oana Ularu / BitcoinExchangeGuide : Jack Dorsey Keeps Title As Twitter's CEO After $2 Billion Deal With Elliott Management Kevin Raposo / KnowTe...
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 ...