Snap announces a deal to incorporate Perplexity's search engine into Snapchat from 2026; Perplexity will pay Snap $400M through a combination of cash and equity
https://lnkd.in/... Bluesky: Ed Zitron / @edzitron.com : You gotta spend money to lose money [embedded post] Mark Riedl / @markriedl : I thought people were supposed to pay AI companies for their serv...
Amazon quietly shuts down Fabric.com, an online retailer of fabrics, trims, notions, and other supplies since 1999; Amazon acquired the company in 2008
In a letter to vendors today, Fabric.com announced that it will be shutting down. Tweets: Shira Ovide / @shiraovide : Amazon apparently owned a fabric website? https://www.theverge.com/... @moonkittyp...
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...
Epic enables a direct payment option in Fortnite on iOS and Android alongside the existing method, to get around app store fees; buying direct is up to 20% off
but it's risky Shira Ovide / New York Times : A playbook for combating QAnon CNN : Fortnite's maker sues Apple and Google after the game was removed from both app stores Ben Lovejoy / 9to5Mac : The Ap...
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 ...
Amazon announces it's acquiring mesh WiFi company eero to make it easier for customers to set up and connect their smart home devices
not hard to imagine a world where Alexa is baked into Eero in the future. http://press.aboutamazon.com/ ... http://twitter.com/... Jay Peters / @jaypeters : @Techmeme This buy makes a crazy amount of ...
Amazon selects New York City and Arlington, Virginia for its new headquarters, receiving $1.5B in performance-based incentives from NY and $573M from VA
I've been thinking about your regret minimization … Sissi Cao / Observer : Amazon's HQ2 in Long Island City Will Make These 5 Residential Nightmares Worse Patrick Sisson / Curbed : Amazon HQ2 subsidie...