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1

X Corp acquires tech recruiting platform Laskie

In its first deal under Musk’s leadership, Twitter’s parent company X Corp acquires Laskie, a talent recruitment tool. Though the exact price of the acquisition is unclear, it was apparently “tens of millions” of dollars, with the deal including cash and equity elements. Laskie is a San-Francisco based startup founded in 2021 by current CEO […]

2

Musk completes takeover of Twitter

Musk completes his $44 billion takeover of Twitter. the bird is freed the bird is freed — Elon Musk (@elonmusk) October 28, 2022 Later: let the good times roll 🎶 let the good times roll 🎶 — Elon Musk (@elonmusk) October 28, 2022

3

Musk to buy Twitter at original price, share trading halted

Trading in Twitter shares is halted as the stock spiked following reports that Musk is planning to buy the company for his original offer price of $54.20 per share. The shares had been up by 13% at $47.95 before trading was paused following the news. Twitter and Musk were due to be in court later […]

4

Scottish government buys yard

The Ferguson shipyard is bought by the Scottish government. Ministers will now operate the yard under a management agreement with administrators Deloitte. The Scottish government wil buy the facility if no private buyer is found within four weeks. McColl, who could not persuade ministers to pay more than the £97m contract price for the disputed […]

5

Announces $83b Time Warner acquisition

AT&T announces it will purchase Time Warner for $86 billion. The buyout grants AT&T distributor power over CNN and HBO. AT&T says the deal will give customers ‘unmatched choice, quality, value and experiences that will define the future of media and communications” and the new company would “lead the next wave of innovation in converging media and […]

6

Sells Isle of Man titles

Johnston Press announces it is selling the Isle of Man Examiner, Isle of Man Courier, Manx Independent and www.iomtoday.co.im. to Tindle Newspapers for £4.25m. Johnston Press CEO Highfield: This disposal is further progress in executing our divestment strategy and allows the group to realise immediate value from our Isle of Man assets. I would like to thank the staff […]

7

Completes i purchase

Johnston Press completes the £24m purchase of i newspaper, and prints its first edition. The paper will be available in Northern Ireland for the first time. CEO Highfield: i is a highly regarded newspaper with a clear market position and a loyal readership. By joining with Johnston Press the combined circulation will be equal to 9 […]

8

Johnston Press buys i newspaper

Johnston Press reaches a deal to buy the i newspaper from ESI Media for £24m. Highfield: This is a transformational acquisition for Johnston Press and an important step towards delivering our long-term strategy. i is a highly-regarded newspaper with a clear market position and a loyal readership. By joining with Johnston Press the combined circulation will be equal […]

9

Buys NBC’s Miss Universe stake

Trump says he has bought NBC’s stake in Miss Universe and has settled all legal claims with them. Just purchased NBC’s half of The Miss Universe Organization and settled all lawsuits against them. Now own 100% — stay tuned! — Donald J. Trump (@realDonaldTrump) September 11, 2015

10

Acquires Compose

IBM acquires Compose’s database as a service startup for an undisclosed sum. The company services about 3,600 clients that have created more than 100,000 databases. Compose offers services around MongoDB, Elasticsearch, RethinkDB, Redis and PostgreSQL allowing mobile and web developers to create apps without having to concern themselves with database backends. Co-founders MacKey and McKay: Compose will […]

11

Nikkei acquires Financial Times

In a surprise move, Nikkei acquires the Financial Times for $1.3bn from Pearson Plc. The deal does not include either the FT’s London headquarters or its 50% stake in The Economist. Pearson’s CEO Fallon says We have reached an inflection point in media, driven by the explosive growth of mobile and social. In this new environment, […]

12

Oppose cable Merger

U.S. Sens. Markey and Warren urge the Obama administration to block Comcast’s proposal for a$45.2 billion acquisition of Time Warner Cable, saying the merger is bad for consumers.The lack of competition will only “make things worse” for consumers already frustrated by increasingly high cable and Internet bills. In a letter to Attorney General Eric Holder […]

13

Japan Today sold

GPlus Media, the company that publishes Japan Today, is sold to Fuji TV-Lab, a subsidiary of Fuji Media Holdings Inc. The sales also includes GPlus’ other internet properties, including GaijinPot and Real Estate Japan. Fuji TV-Lab: The Japanese government has set an annual target of 20 million foreign visitors to Japan in 2020 for the Tokyo Olympic/Paralympics […]

14

Takes majority ownership

The NBA approves Jordan’s bid of $275 million to buy the Bobcats from majority owner Johnson.  Jordan will assume about $150 million in debt in the deal. He becomes the second black majority owner of a major pro sports team. Purchasing the Bobcats is the culmination of my post-playing career goal of becoming a majority owner of […]

15

Aspiro acquisition complete

Jay-Z wins control of Aspiro after more than 90% of shareholders accepted the star’s $54m offer. A spokesman for Project Panther Bidco, says all the conditions for completing the acquisition have now been met. The offer is  declared unconditional on Friday and Aspiro will be delisted from the Nasdaq Stockholm exchange. Aspiro had 500,000 paying users for its streaming services […]

16

Investment

Lionsgate invests in Telltale Games to create entertainment that is part video game, part television show. Peter Levin of Lionsgate: Our partnership with Kevin Bruner and his team at Telltale continues to accelerate our momentum in the game space. The convergence between premium filmed entertainment brands and original game properties is a natural direction in which […]

17

Purchases skin care chain

Macy’s purchases beauty and skin care chain Bluemercury, Inc. for $210 million in cash. Macy’s CEO. Lundgren. Bluemercury is a growth vehicle for us. There is tons of runway.

18

Aspiro Acquisition Bid

Jay Z, though his company, Project Panther, will buy Aspiro, a Swedish music streaming service WiMP for 464 million Swedish crowns ($56 million) in cash. Shares in Aspiro leap 59 percent in early trading, to the bid level of 1.05 crowns per share. Norwegian media house Schibsted, Aspiro’s main shareholder, says it had accepted the offer, while Aspiro’s […]

19

Purchases Twitch for over $1 billion

Amazon acquires Twitch, the live stream video gaming site, for over $1 billion after Google withdraws from the purchase. The deal includes a cash pay of $970 million, nearly 20 percent of Amazon’s reserve revealed in the latest quarterly report. Amazon now owns a “YouTube” type platform with the ability to reach the young men. During 2013, over half […]

20

Acquires Zofari

Yahoo acquires Zofari, an application that recommends places users might enjoy based on places they have already been. Yahoo: Zofari and Yahoo share a common goal to make the world an easier place to explore for as many people as possible. We’re thrilled to welcome the team to Yahoo, where they will join our growing Search […]