2021-03-16
VC firms Blackrock and Vanguard, which own controlling shares in the largest social media companies *and* the largest traditional media companies that 1,000,000x their relevance and reach, should have a seat at antitrust reform table. A hot seat, that is.
News Corp
News Corp says it has reached a three-year deal with Facebook to provide news to Facebook users in Australia through the Facebook News product
Expands News Corp-Facebook Connection, Which Began With Deal In US — New York, NY (March 15, 2021) - News Corp announced today that it has reached …
Vanguard is FB's #1 shareholder with its parent, total stock market index, and 500 Index fund controlling about 12% of the company's stock. It also holds 13% of NewsCo's stock as its 2nd largest shareholder. So Vanguard has a huge stake in this deal. https://gizmodo.com/...
News Corp
News Corp says it has reached a three-year deal with Facebook to provide news to Facebook users in Australia through the Facebook News product
Expands News Corp-Facebook Connection, Which Began With Deal In US — New York, NY (March 15, 2021) - News Corp announced today that it has reached …