Filing: Elon Musk has secured $46.5B to acquire Twitter, including $25.5B in debt financing via Morgan Stanley and other firms, and is exploring a tender offer
now what? Matt Levine / Bloomberg : Elon Got His Money Kyle Chayka / New Yorker : Why Would Elon Musk Want to Buy Twitter? New York Post : Elon Musk in talks to partner on Twitter bid with buyout firm...
Filing: Elon Musk delivers a non-binding proposal to take Twitter private by acquiring all outstanding stock for $54.20 per share, in a cash deal worth ~$43B
not “cancel culture” — are ruining discourse Eugene Robinson / Washington Post : If Elon Musk wants Twitter, he's welcome to it Financial Times : How Elon Musk could fund his $43bn Twitter takeover Ga...
NFL finalizes an 11-year media rights deal, with Amazon Prime Video as exclusive partner for Thursday Night Football; sources: Amazon is paying about $1B/year
Amazon will get exclusive rights to Thursday Night Football Stephen Battaglio / Los Angeles Times : NFL nearly doubles fees for TV rights; Amazon to get exclusive games for streaming Charlotte Walsh /...
Amazon plans to acquire podcast network Wondery, which will join Amazon Music
Wondery will be a part of Amazon Music, which launched podcasting in September. — Amazon is also exploring podcasts for Audible and local. — The company owns a sizable chunk of the smart speaker marke...
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...
Quibi says it will shut down “on or about” December 1 and does not know if its original content will be made available elsewhere after it shuts down
with no obvious notice that the service will soon be going dark https://variety.com/... Steve Kovach / @stevekovach : Quibi is officially shutting down. Katzenberg and Whitman will be on CNBC tomorrow...
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...
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...
Source: Facebook held talks to acquire Fitbit but wanted to pay roughly half of the $2.1B that Google eventually agreed to pay
it has to be extremely valuable to Google. Of course, the acquisition can also affect that trust, if no lessons are learnt from Nest. https://twitter.com/... Luther Lowe / @lutherlowe : Google's braze...
Uber is investing in Lime as part of $335M round led by GV valuing the firm at $1.1B; Uber plans to promote Lime through its app, execs from the firms said
- Ride-hailing company invests as part of $335 million round — Alphabet's GV leads deal valuing Lime at $1.1 billion Tweets: @sallyshin , @backlon , @stevekovach , and @danprimack Tweets: Sally Shi...