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VMware Buys Startup Virsto To Fend Off Microsoft http://www.businessinsider.com/vmware-acquires-virsto-2013-2/comments en-us Wed, 31 Dec 1969 19:00:00 -0500 Sun, 01 May 2016 00:28:17 -0400 Julie Bort http://www.businessinsider.com/c/511d8680ecad04b137000009 Susanna Tyagi Thu, 14 Feb 2013 19:51:12 -0500 http://www.businessinsider.com/c/511d8680ecad04b137000009 I have to agree with Stu. I had been following Virsto for awhile now and think VMware made a really smart move. http://www.businessinsider.com/c/511c09beecad048c71000010 Stu Fox Wed, 13 Feb 2013 16:46:38 -0500 http://www.businessinsider.com/c/511c09beecad048c71000010 Please, Storage Spaces in Windows Server 2012 work nothing like Virsto.

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Google Acquiring InMobi Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. BI Prime Intelligence Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Subscribe Subscribe Business The word Business Life The word Life News The word News Reviews The word Reviews Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. 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It often indicates a user profile. Log in Subscribe Subscribe Newsletters World globe An icon of the world globe, indicating different international options." US Edition US INTL Australia Deutschland & Österreich España France India Japan México Nederland Nordic Polska South Africa Get the Insider App Click here to learn more A leading-edge research firm focused on digital transformation. See our Research Facebook Icon The letter F. Twitter icon A stylized bird with an open mouth, tweeting. LinkedIn icon The word "in". YouTube icon A play button in the shape of a television screen. Instagram icon A stylized camera. * Copyright © 2021. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy. Sitemap Disclaimer Accessibility Commerce Policy CA Privacy Rights Coupons Made in NYC Jobs Stock quotes by finanzen.net Reprints & Permissions Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. alerts dismiss Good Subscriber Account active since Edit my Account Free subscriber-exclusive audiobook! “No Rules Rules: Netflix and the Culture of Reinvention” Get it now on Libro.fm using the button below. Redeem your free audiobook Premium Articles Upgrade Membership Newsletter Preferences My Subscription FAQs Log out US Markets Loading... H M S In the news Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE Subscribe Subscribe Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Tech If Google made this rumoured deal, it would solidify its domination for years Jim Edwards 2015-03-11T10:58:00Z Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link. It symobilizes a website link url. Copy Link InMobi chief Naveen Tewari. InMobi Google is in early talks to pay $1 billion for India's InMobi, Reuters reported Wednesday morning. Sources with direct knowledge of the situation have since told Business Insider that the deal isn't going to happen. However, it certainly would have made an interesting acquisition. InMobi is probably the single biggest mobile ad network company on the planet. Business Insider previously estimated its revenues at $372 million.If Google bought it, it would solidify the search giant's domination of mobile advertising in an almost unassailable way. It would make Google No.1 for mobile ad revenues for years to come. Google's mobile ad business is already twice as big as that of its nearest competitor, Facebook, for instance. Mobile is the future, and a Google + InMobi future would leave Facebook a distant second in terms of mobile media market share. A Google-InMobi tie-up would also probably make Google the top player in "mobile app install ads." These ads, which simply drive people to the App Store of Google Play to download apps on their phones, have turned out to be a much larger advertising business than most people realize. BI Intelligence estimates nearly $7 billion will be spent on them in 2019.It would probably attract the attention of regulators — and the complaints of Google's competitors — because Google's massive market share for mobile ads would be so overwhelming. Google already has 90% market share for search in some areas including Europe. It is already the biggest mobile ad company on the planet, with revenues in the billions (the company doesn't break out its mobile sales numbers).InMobi, under CEO Naveen Tewari, has taken $220.6 million in funding and has about 900 employees.Tewari told Business Insider in 2012 that his company served a staggering 93.4 billion impressions monthly across the planet. That probably makes InMobi an even bigger player in mobile app advertising than Google's AdMob network is. Google bought AdMob for $750 million — so you can see that on a valuation basis InMobi is a step above even that. InMobi had long been regarded as too big to acquire. We thought it would eventually stage some sort of IPO. Indeed, Tewari previously told Business Insider, "We think this could be a standalone company." Growth has been "so fast and so large, we're one of only a handful of players that exists in this space."InMobi was founded in 2007 at the dawn of the smartphone advertising age. Anne Frisbie. Anne Frisbie One of the company's key early employees is Anne Frisbie, now InMobi's VP & general manager for global alliances. The former Goldman Sachs analyst's career reads like a history of the internet. Now based in San Francisco, Frisbie has worked at Zip2 (Tesla CEO Elon Musk's early "city guide" website company that was sold to Compaq for about $350 million), AltaVista (an old search engine that lost the search race to Google), Overture (also named GoTo, an early search ad company acquired by Yahoo for $1.6 billion), and of course Yahoo. Frisbie is based in San Francisco, and she knows everyone in the mobile/adtech space. So it is likely that a Google buyout may have her fingerprints on it.InMobi's investment backing — five rounds from just four investors dominated by Kleiner Perkins and Softbank — has enabled it to grow bigger than its competitors, such as Millennial Media, Twitter's MoPub, and Apple's iAd. Business Insider previously ranked InMobi as the No. 2 pre-IPO adtech company on the planet, behind only Pinterest. That ranking includes all adtech companies, not just mobile ones:  BI Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications Newsletter 10 Things in Tech: Get the latest tech trends & innovations. Loading Something is loading. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy. NOW WATCH: This is what happens to your brain and body when you check your phone before bed More: Google InMobi Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Follow us on: * Copyright © 2021 Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy . 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10 Things Every Startup Should Know About Microsoft's Acquisition Strategy Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Subscribe Subscribe Business The word Business Life The word Life News The word News Reviews The word Reviews Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. 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It often indicates a user profile. Log in Subscribe Subscribe Newsletters World globe An icon of the world globe, indicating different international options." US Edition US INTL Asia Deutschland & Österreich Australia España France India Japan México Netherlands Polska South Africa Get the Insider App Click here to learn more A leading-edge research firm focused on digital transformation. See our Research Facebook Icon The letter F. Twitter icon A stylized bird with an open mouth, tweeting. LinkedIn icon The word "in". YouTube icon A play button in the shape of a television screen. Instagram icon A stylized camera. * Copyright © 2021. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy. Sitemap Disclaimer Accessibility Commerce Policy CA Privacy Rights Coupons Made in NYC Jobs Stock quotes by finanzen.net Reprints & Permissions Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Good Subscriber Account active since Shortcuts Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Profile Newsletters FAQs Subscription Log out US Markets Loading... H M S In the news Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE Subscribe Subscribe Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Tech 10 Things Every Startup Should Know About Microsoft's Acquisition Strategy Nicholas Carlson 2009-05-18T15:14:00Z Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link. It symobilizes a website link url. Copy Link Spark Capital VC Bijan Sabet met with Microsoft CFO Chris Lidell last week to discuss Microsoft's acquisition strategy. Bijan published notes from the meeting on his blog, and we've paraphrased them here as helpful tips for any startup looking to Microsoft (MSFT) for its exit:Acquisitions start at Microsoft when internal product teams alert corporate development to a need that acquiring a startup could fulfill.Microsoft acquires companies in areas they are already in, but aren't winning. "For example, they don’t acquire many companies that are client software related," writes Bijan. "On the other hand, they have been acquiring plenty in search, online advertising, business solutions etc."Microsoft isn't about to enter the e-Reader business.Microsoft aims to acquire 15-20 companies each year.It is "agnostic about stage or revenue." Microsoft isn't interested in open source companies.But it will buy companies with technology based on a competitive platforms.Microsoft spends roughly $10 billion a year on R&D versus $2 billion per year on acquisitions. Microsoft borrowed $3.75 billion at about 2.5% for up to 30 years "to have more liquidity in the US."Microsoft would have acquired 20 companies last year, but private valuations didn't come down enough after the market crashed.  Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications Newsletter Get the latest tech trends & innovations — delivered daily to your inbox. Loading Something is loading. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy. Deal icon An icon in the shape of a lightning bolt. For you More: Startups Big Tech Microsoft Mergers And Acquisitions Deal icon An icon in the shape of a lightning bolt. For you Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Recommended Video Follow us on: * Copyright © 2021 Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy . 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The Rich Really Are Getting Richer: LVMH Acquires Bulgari Maj. Stake at 60% Premium Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. 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H M S In the news Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Subscribe Subscribe Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Finance Contributors The Rich Really Are Getting Richer: LVMH Acquires Bulgari Maj. Stake At 60% Premium Hedge Fund LIVE 2011-03-07T20:00:00Z Save Article Icon A bookmark Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Share icon An curved arrow pointing right. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link. It symobilizes a website link url. Copy Link Download the app HedgeFundLIVE.com — Moet Henessy Louis Vuitton (LVMH) announced today that it has acquired a majority stake in Bulgari.  The Bulgari family which was the majority shareholder in the eponymous company will exchange 152.5 million Bulgari shares for 16.5 million LVMH shares and become the second largest family shareholder with a 3% stake.  Paolo and Nicola Bulgari will stay on as Chairman and Vice Chairman of the company and will have the opportunity to appoint 2 new members to the LVMH board of directors.  Bulgari’s CEO will be tapped to manage LVMH’s watches and jewelry division later this year.Bulgari is just the latest in Bernard Arnault, the LVMH CEO’s, growing stable of luxury brands that already includes Dom Perignon, Marc Jacobs, Fendi and Tag Heuer.  This move played out quite differently from Arnault’s surreptitious acquisition of a 20% stake in the Hermes family’s closely-held Hermes International.  The Hermes family has gone to unnecessary lengths to ensure their company’s independence from LVMH.Click Here for full article. http://www.hedgefundlive.com/blog/the-rich-really-are-getting-richer-lvmh-acquires-bulgari-maj-stake-at-60-premium Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications Deal icon An icon in the shape of a lightning bolt. Keep reading Newsletter Get a daily selection of our top stories based on your reading preferences. Loading Something is loading. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy. More: Stocks Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Recommended Video Follow us on: * Copyright © 2022 Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy . 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7 Primary-Care Companies That Could Be Potential CVS M&a or Partnership Targets Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Subscribe Business The word Business Life The word Life News The word News Reviews The word Reviews Business Tech Finance Markets Strategy Retail Advertising Healthcare Intelligence Life Entertainment Culture Travel Food Health Parenting Beauty Style News Politics Military & Defense Sports Opinion Reviews Tech Streaming Home Kitchen Style Beauty Gifts Deals Pets Parenting Coupons Health Learning Hobbies & Crafts Travel All A-Z Advertising Business Careers Coupons DoorDash Walmart Dell Staples Under Armour Culture Design Entertainment Executive Lifestyle Finance Food Health Healthcare Intelligence Latest Life Markets Insider Media Military & Defense News Opinion People Personal Finance Banking Credit Cards Insurance Investing Loans Mortgages Politics Premium Retail Reviews Science Sports Strategy Tech Transportation Travel TV Beauty Explorers Best in Town Bonkers Closets Festival Foodies Movies Insider Pop Culture Decoded The Making Of The Ultimate List Featured Talent Insider About About Advertise Careers Code of Ethics Contact Us Corporate Corrections Policy Follow RSS Sitemap Facebook Twitter Instagram YouTube LinkedIn Subscriptions Intelligence Premium US Markets Loading... H M S In the news Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Subscribe Premium Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Healthcare CVS Health is gearing up to buy a primary care company by the end of the year. Here are 7 companies the $132 billion retail giant might acquire. Shelby Livingston Updated 2022-08-04T13:23:40Z Save Article Icon A bookmark Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Share icon An curved arrow pointing right. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Link icon An image of a chain link. It symobilizes a website link url. Copy Link Download the app CVS pharmacy Johnny Louis/Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. CVS Health has outlined plans to deliver primary care directly to patients. It's mulling acquisitions and partnerships with clinic operators and management companies. Here are 7 companies that fit the bill for what CVS may want in a potential primary-care partner.   CVS Health has set its sights on being your doctor.The retailer has staked a claim to nearly every major corner of the healthcare industry. It owns thousands of pharmacies, a health insurer, and a pharmacy-benefit manager. Its network of in-store clinics and health hubs, which offer screenings and care for chronic illnesses from nurse practitioners and pharmacists, have given it a footprint in care delivery.But CVS has stopped short of employing physicians to provide primary care. Now its CEO Karen Lynch says the company's ready to fill in that missing puzzle piece, and it's eyeing potential acquisitions and partnerships with clinic operators to help it get there fast.The pressure's on to strike a deal, now that tech giant Amazon has unveiled plans to buy primary-care company One Medical for $3.9 billion. Prior to that announcement, CVS had been considering a purchase of One Medical, Bloomberg reported in July. During CVS' second-quarter earnings call on August 3, CEO Karen Lynch reassured equity analysts that there are multiple routes it could take to expand its primary care, provider enablement, and home health capabilities. She said CVS is evaluating its "many options" and would make a move "by the end of this year."Shawn Guertin, CVS' CFO, suggested during the call that the company would make multiple acquisitions to advance its strategy in those three areas: "There is no one-and-done asset there," he said.CVS is looking for companies with a strong management team and technology, and a pathway to turning a profit."We can't be in the primary care without M&A," Lynch said.There are a few ways expanding into primary care will benefit CVS. Owning the front door to the rest of healthcare gives CVS more control over where Aetna members go for more expensive specialist and hospital-based care, helping to lower the amount of medical claims Aetna pays out. Aetna could then reinvest that money into lowering premiums, which could help it attract more members.It also gives Aetna a new source of revenue. The federal government limits the percentage of healthcare premiums that insurers can pocket as profit, but there is no such limitation on healthcare providers. CVS can keep more of those premiums if its Aetna members go to CVS clinics.Several other healthcare companies have been investing in primary care. UnitedHealth Group has amassed a collection of 60,000 physicians partly by acquiring medical groups. The insurer Humana acquires and builds primary-care clinics that primarily serve older people. Walgreens, meanwhile, is pouring billions into building primary-care clinics in its stores with the startup VillageMD. CVS CEO Karen Lynch Courtesy of Aetna What CVS could be looking for in an M&A targetCVS wants to make a mark quickly. Rather than building clinics one by one, it's planning to buy or partner with an existing primary-care clinic operator, CVS Chief Financial Officer Shawn Guertin said during the company's investor conference on December 9.Its preference is to buy, but its strategy will depend on the market, Guertin noted during the JPMorgan conference in January."That's really because that gives us the maximum control of delivering the consumer experience and the provider experience that we want," he said.In December, Guertin also said CVS  may also partner with a company that provides management and administrative services to existing doctors, Guertin said. Ideally, CVS would own or manage 250 to 350 primary-care clinics by the end of 2024, he said.During the December investor conference, Lynch and Guertin painted a clear picture of what they're looking for in an acquisition or partnership target. CVS wants a primary-care partner steeped in value-based care, meaning clinicians are paid for the quality of care they provide, rather than the volume of services they order, which is traditionally how doctors are paid.This kind of payment model is more common among practices that serve patients enrolled in Medicare Advantage, the private alternative to the federal Medicare program that covers people over 65. Aetna served 3.2 million Medicare Advantage members as of June 30. But executives suggested they want to provide value-based care to all populations.CVS is also looking for a company that's proven its ability to provide value-based care in markets outside of South Florida and California, where those models have been around for years, said Brian Tanquilut, an analyst at Jefferies, in December. Companies that check those boxes and may be of interest to CVS include Cano Health, CareMax, and One Medical, he said.Natalie Schibell, an analyst at Forrester, said in December what CVS most needs is the administrative and management support and technology to succeed in providing value-based care. It can recruit the talent it needs to provide the care.Schibell said she's betting CVS will partner with organizations that can provide that—Agilon Health and InnovaCare are two examples—and work with them to assess markets where CVS stores are located.Here are 7 companies that fit the profile for what CVS Health could be looking for in a primary-care partner.This article was initially published in December and has been updated following CVS' earnings call in August 2022. Cano Health A Cano Health clinic. Cano Health Based in: Miami, FloridaClinics: Cano owns 141 clinics as of June 7, according to a company presentation. It employed more than 400 primary-care providers in Florida, Texas, Nevada, Illinois, California, and New Mexico and has relationships with over 1,000 primary-care providers in nine states and Puerto Rico, the company confirmed.Members: Cano serves 269,333 Medicare, Medicaid and individual ACA marketplace members located primarily in Florida, as of March 31. It's fully accountable for the costs of caring more than 160,000 members enrolled in Medicare Advantage and the Medicare direct contracting program.Finances: Cano reported 2021 revenue of $1.6 billion, and a net loss of $116.7 million.Market cap: $3.1 billionWhy it's a potential target: Cano, founded in 2009, operates primary-care clinics that address patients' medical and social needs. Patients get round-the-clock access to their clinicians by phone for urgent issues. The company also provides care in patients' homes—something CVS executives said they want to expand into. Cano enters payment arrangements with health insurers, including Aetna, in which it is accountable for the cost and quality of patient care.One potential wrinkle: In any sale of Cano, Humana has the first right of refusal, according to Cano's S-1 form.Marlow Hernandez, the CEO of Cano, told Insider that investing in primary care is the key to making healthcare more equitable and affordable."I'm encouraged by the transformation that is occurring, because patients will get better care and our country can afford to provide it," he said. CareMax A CareMax clinic in North Miami, Florida. CareMax Based in: Miami, FloridaClinics: CareMax owns 48 clinics in Florida, Tennessee, and New York, as of March 31.Members: It serves 84,000 members, including 34,000 Medicare Advantage members, as of March 31.Finances: It reported revenue of $295.8 million and a net loss of $6.7 million in 2021.Market cap: $676.4 millionWhy it's a potential target: CareMax is focused on serving low-income older people, including those eligible for both Medicare and Medicaid, as well as patients enrolled in Medicare Advantage. Its tech platform analyzes patient data to help doctors better care for patients in value-based arrangements.It's growing quickly: In August 2021, it partnered with Anthem to open up 50 more clinics in eight states, and in July 2021, it partnered with affordable housing company Related Companies to open 75 more centers over three years. In June 2022, it announced plans to acquire the value-based care business of Dallas-based Steward Health Care System. The deal would expand CareMax's network to reach more than 200,000 senior patients across 30 markets, the company said.A spokesperson for CareMax said the company doesn't comment on speculation. Agilon Health Agilon CEO Steve Sell Agilon Based in: Austin, TexasClinics: Agilon doesn't own clinics. It works with 23 existing physician practices and a health system with more than 2,200 primary-care doctors across 12 states, the company confirmed.Patients: It serves 342,000 Medicare Advantage and Medicare patients as of March 31.Finances: It reported $1.8 billion in revenue and a net loss of $406.8 million in 2021.Market cap: $10.7 billionWhy it's a potential target: Agilon forms long-term partnerships with existing primary-care practices to help them succeed in value-based arrangements with health insurers in which doctors are accountable for the costs of caring for older people. Agilon equips doctors with technology, tools, capital, and a physician network that helps them provide better care and lower costs.Analysts say it can expand faster than companies that build clinics — a feature that may be attractive to CVS. Agilon declined to comment. ChenMed Chris Chen, CEO of ChenMed ChenMed Based in: Miami, FloridaClinics: 100 clinics in 13 states. In a news release published August 3, ChenMed CEO Dr. Christopher Chen said the company would soon be operating more than 125 clinics in 15 states.Patients: ChenMed declined to say how many patients it serves.Finances: As a private company, ChenMed does not disclose its finances, and it declined to share its revenue and net income. Why it's a potential target: ChenMed, a decades-old clinic chain, provides primary care and specialty care to older patients enrolled in Medicare Advantage plans.It gets paid set monthly fees to care for patients, and if a patient ends up in the hospital, ChenMed's on the hook for those costs. Doctors take care of few patients, so they can spend more time with each one, and ChenMed's technology gives doctors a bettering understanding of each patient's needs.A spokesperson said the company does not comment on speculation. Oak Street Health An Oak Street Health location in Elgin, Illinois, during its grand opening. Lydia Ramsey/Business Insider Based in: ChicagoClinics: Oak Street owns more than 144 clinics across 20 states.Patients: It serves 191,000 patients, as of June 30.Finances: It reported revenue of $1.4 billion and a net loss of $414.6 million in 2021.Market cap: $7.1 billionWhy it's a potential target: Oak Street strikes value-based contracts with health insurers in which it's paid lump-sum fees to provide primary-care, behavioral healthcare, home-based care virtual visits and pharmacy services for members. In October, it announced it was expanding into specialty care by acquiring RubiconMD, a company that provides virtual consultations with specialists.Oak Street's tech platform, Canopy, integrates data from hundreds of sources so doctors have a full picture of the patient before their visit and can fill any gaps in care.One drawback? Oak Street's dealing with an investigation from the US Justice Department, and it's got a ways to go before turning a profit. Oak Street declined to comment for this story.  InnovaCare Health Richard Shinto, president and CEO of InnovaCare Health InnovaCare Health Based in: Lake Nona, FloridaClinics: InnovaCare owns more than 35 primary-care clinics in FloridaPatients: It manages 500,000 patients, half of which are dually eligible for Medicare and Medicaid, according to its website.Finances: InnovaCare is a private company and doesn't disclose its finances.Why it's a potential target: InnovaCare both owns primary-care clinics and operates a management services organization that helps existing practices enter value-based care arrangements. It's also got plans to expand nationwide.In November, private equity firm Bain Capital took a majority stake in InnovaCare, which said the funds would help it move into new markets. Innovacare did not respond to a request for comment. P3 Health Partners Geber86/Getty Images Based in: Henderson, NevadaClinics: It primarily works with existing physician practices in 18 counties across five states, according to a company financial update in March. It also owns and operates 15 medical-group clinics in Arizona, Florida, Nevada, and Oregon.Patients: It was accountable for the total cost of care for 67,000 at the end of 2021, the company said in the update.Finances: The company said in the update that it expected 2021 revenue to be $642 million and its net loss to range from $176 million to $181 million.Why it's a potential target: P3 Health Partners works with physician practices to help them succeed in value-based payment arrangements by providing administrative services and care coordination for Medicare Advantage patients.It just began trading as a public company on December 6, after going public in a $2.3 billion merger with special-purpose acquisition company Foresight Acquisition Corp. Partnering with P3 could help CVS grow its primary-care footprint quickly. P3 did not respond to a request for comment. Read next Was this article valuable for you? Yes No Additional comments Email (optional) Receive a selection of our best stories daily based on your reading preferences. Submit Newsletter Sign up for our newsletter to get the latest healthcare news and analysis — delivered weekly to your inbox. Loading Something is loading. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy. Features Dispensed More... Read next Follow us on: * Copyright © 2022 Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy . 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New York-Based Coding School General Assembly Acquired for $412.5 Million by Adecco Jump to Main content Search Account Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. 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It symobilizes a website link url. Copy Link Read in app General Assembly co-founder and CEO Jake Schwartz (far right) Getty/Anna Webber This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Redeem now Coding boot camp General Assembly is getting acquired for $412.5 million by workforce staffing agency Adecco, Axios reports. Adecco and GA have been in talks about how they could best work together since last fall. Coding boot camp General Assembly is getting acquired for $412.5 million by the European human resources and staffing firm Adecco, Axios reported on Monday.The New York-based coding school, which has 22 campuses in six countries, offers courses on data analytics, UX design, and coding languages to both individuals and company teams. GA largely focuses on recruiting workers and re-training them in coding-specific career paths, often at an expedited pace with the goal of getting them hired by outside companies quickly. While anyone can apply to the program, Axios reports that General Assembly's enterprise-focused offerings are expected to bring in a majority of the company's revenue by the end of 2018.General Assembly co-founder and CEO Jake Schwartz told Axios that GA and Adecco have been in talks about how the two companies could best work together since fall of 2017. Schwartz said that GA will still continue to run as an independent entity.As TechCrunch points out, Adecco Group, which works with more than 100,000 businesses, could provide an integral asset to General Assembly's expansion. General Assembly started out as a New York co-working space in 2011 by Jake Schwartz, Matthew Brimer, Brad Hargreaves, and Adam Pritzker. Since it was founded, the company has raised $120 million, and it estimates that more than 35,000 students have graduated from its program. Sign up for notifications from Insider! Stay up to date with what you want to know. 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Facebook Finally Acquired Microsoft Atlas To Take On Google http://www.businessinsider.com/facebook-finally-acquired-microsoft-atlas-to-take-on-google-2013-2/comments en-us Wed, 31 Dec 1969 19:00:00 -0500 Wed, 01 Jun 2016 00:50:53 -0400 Laura Stampler http://www.businessinsider.com/c/513df301ecad045b20000006 Dwight Stegall Mon, 11 Mar 2013 11:06:41 -0400 http://www.businessinsider.com/c/513df301ecad045b20000006 Google has always had vastly more superior products to Microsoft except in operating systems. And I bet if Google put their collective heads together they could come up with a better operating system for laptops and PCs than Microsoft or Apple. http://www.businessinsider.com/c/5130a4bbecad04815700000f Ercis Fri, 01 Mar 2013 07:53:15 -0500 http://www.businessinsider.com/c/5130a4bbecad04815700000f buying tech still doesn't make your ads work. http://www.businessinsider.com/c/513015a3ecad04154900000a Shady Thu, 28 Feb 2013 21:42:43 -0500 http://www.businessinsider.com/c/513015a3ecad04154900000a Essentially Einstein, did not Google purchase Doubleclick to enter the space? http://www.businessinsider.com/c/51300320ecad045126000013 Dr. Mario Thu, 28 Feb 2013 20:23:44 -0500 http://www.businessinsider.com/c/51300320ecad045126000013 Neither did Google, they bought what became AdWords. It worked out well for them. http://www.businessinsider.com/c/512ff290eab8ea180500000f Digirati Thu, 28 Feb 2013 19:13:04 -0500 http://www.businessinsider.com/c/512ff290eab8ea180500000f Essentially, FB cant make their own ad solutions.

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Vinted Acquires Rival Fashion Site United Wardrobe Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Subscribe Subscribe Business The word Business Life The word Life News The word News Reviews The word Reviews Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. 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It often indicates a user profile. Log in Subscribe Subscribe Newsletters World globe An icon of the world globe, indicating different international options." US Edition US INTL Asia Deutschland & Österreich Australia España France India Japan México Netherlands Polska South Africa Get the Insider App Click here to learn more A leading-edge research firm focused on digital transformation. See our Research Facebook Icon The letter F. Twitter icon A stylized bird with an open mouth, tweeting. LinkedIn icon The word "in". YouTube icon A play button in the shape of a television screen. Instagram icon A stylized camera. * Copyright © 2021. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy. Sitemap Disclaimer Accessibility Commerce Policy CA Privacy Rights Coupons Made in NYC Jobs Stock quotes by finanzen.net Reprints & Permissions Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Good Subscriber Account active since Shortcuts Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Profile Newsletters FAQs Subscription Log out US Markets Loading... H M S In the news Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE Subscribe Subscribe Premium Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Tech Vinted – the biggest secondhand fashion unicorn in Europe – just acquired rival startup United Wardrobe as the resale market explodes Martin Coulter 2020-10-27T00:01:00Z Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link. It symobilizes a website link url. Copy Link Vinted senior execs Thomas Plantenga and Mantas Mikuckas Vinted This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Secondhand ecommerce platform Vinted exclusively confirmed its acquisition of smaller Dutch challenger United Wardrobe for an undisclosed amount.  Vinted is valued at more than $1 billion, and the news comes as the resale market explodes. In an exclusive interview with Business Insider, both parties revealed how the seeds of a deal were planted almost two years ago following a chance meeting in a Dutch bar. Visit Business Insider's homepage for more stories. Vinted, the online marketplace for secondhand clothing in Europe, has confirmed the acquisition of a rival startup for an undisclosed amount.Founded in 2008, Lithuania's Vinted lets users buy, sell, and swap unwanted items of clothing and accessories. The private company is backed by the likes of Accel and Insight Venture Partners, The firm surpassed a $1 billion valuation following a major funding round towards the end of 2019, and exclusively confirmed it had tightened its grip on the European market by buying out Dutch challenger United Wardrobe.In an interview with Business Insider, Vinted CEO Thomas Plantenga said he had been "very impressed" with United Wardrobe's speed and focus: "It started to bug me, you know, and I just thought, 'Why are we competing?'"Seeds of a deal were planted almost two years ago, when one of United Wardrobe's cofounders met Plantenga in a bar in the Dutch city of Utrecht. "He was in town visiting family and ... it was an exciting thing to do, to chat with the Vinted CEO," said CEO Sjuul Berden."We had been challenging them in the French market but, as it turned out, Thomas was just a really cool and humble guy, and someone we thought very quickly we could work with."As of today, the United Wardrobe platform will merge entirely with Vinted's, bringing an additional 4 million new users to the latter's 30 million-strong customer base, and taking their employee headcount to around 535. Vinted operates in 11 across Europe, and in the US."It makes a lot of sense to consolidate our users, we feel, and we're incredibly excited for the future," said Platenga.Both parties declined to comment when asked how much Vinted had paid to acquire United Wardrobe.The news comes as the clothing resale market heats up both in the US and Europe. Vinted says it saw an uptick in business, as lockdowns prevented people from visiting physical stores, and triggered wardrobe clearouts. German online retailer Zalando added a pre-owned section to its platform in September, while American thrift store startup ThredUp submitted the paperwork for an IPO earlier in October. According to GlobalData and ThredUp, the global resale market is set to hit $64 billion by 2024. Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications Was this article valuable for you? Yes No Additional comments Email (optional) Receive a selection of our best stories daily based on your reading preferences. Submit Deal icon An icon in the shape of a lightning bolt. For you NOW WATCH: 7 wardrobe essentials all men need in their closet More: eCommerce Technology Secondhand store Europe Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. 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Email Zip From To Email Sent! You have successfully emailed the post. ATTENTION, TIM COOK: Here's Apple's Startup Shopping List Kevin Smith and Owen Thomas | Dec. 11, 2012, 6:19 PM | 53,444 | 11 Email More Share on Tumblr Tweet Email Share on Tumblr APApple's Tim Cook  Even after dropping billions of dollars on shareholders and investing heavily in its supply chain, Apple has more than $120 billion in the bank. So it can easily afford a little startup shopping spree. We've noticed a trend in apps we've reviewed recently: More often than not, they fix basic flaws in the iPhone's software, or fill in the gaps in Apple's deficient Web services. When Tim Cook reorganized Apple's top management in October, he talked about the need to have the company's hardware, software, and services work seamlessly together. Easier said than done: Apple has long been a hotbed of hardware-design talent. In software, it's a mixed bag, nailing some aspects of the user experience and botching others. And in services? We'll just say "Siri" and "Apple Maps" and leave it at that. It's not enough for Cook to reshuffle Apple's leadership. He needs to build up the company's talent base. Great developers like to work with other great developers, and Apple, for all its strengths, hasn't had the critical mass of talent in Web-based services and software that it needs. Cook doesn't have to look far, though: Apple's own App Store is a daily talent show for developers. He only needs to click "Buy" and persuade them to join the mother ship. Because he doesn't really need their products, as much as their keen eyes for the flaws in Apple's offerings and their knack for coming up with the right fix. Click here to see the app makers we think Apple should acquire right away > Click here to see the app makers we think Apple should acquire right away > View As One Page Recommended For You Please follow SAI on Twitter and Facebook. Follow Kevin Smith on Twitter. 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Business Insider staff Contributing author on Dec 12, 10:32 AM said: Please, please, PLEASE e-mail this to Apple, the execs, and Tim Cook! This list is fantastic, and you've done a great job at convincing me about how it could really improve the already existing features! Imagine if the iOS team integrated even 2-4 of these suggestions by the time iOS 7 is launched, just how much better it would be! I really hope the executives at Apple read this. The Water Cooler Insiders 2   All Comments 11   Apply To Be An "Insider" » Loading Apply To Be An "Insider" » ATTENTION, TIM COOK: Here's Apple's Startup Shopping List ATTENTION, TIM COOK: Here's Apple's Startup Shopping List These developers are who you need to take the company to the next level. Welcome, ! You are logged into Facebook Social: | Your Activity | These articles have been shared on your timeline. You can remove them here: Options Notify me when a story is shared. Yes No Welcome, ! 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TIMELINE: TikTok May Be Bought by Microsoft After Huge Pressure From Trump Administration Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Subscribe Subscribe Business The word Business Life The word Life News The word News Reviews The word Reviews Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. 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It often indicates a user profile. Log in Subscribe Subscribe Newsletters World globe An icon of the world globe, indicating different international options." US Edition US INTL Asia Deutschland & Österreich Australia España France India Japan México Netherlands Polska South Africa Get the Insider App Click here to learn more A leading-edge research firm focused on digital transformation. See our Research Facebook Icon The letter F. Twitter icon A stylized bird with an open mouth, tweeting. LinkedIn icon The word "in". YouTube icon A play button in the shape of a television screen. Instagram icon A stylized camera. * Copyright © 2021. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy. Sitemap Disclaimer Accessibility Commerce Policy CA Privacy Rights Coupons Made in NYC Jobs Stock quotes by finanzen.net Reprints & Permissions Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Good Subscriber Account active since Shortcuts Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Profile Newsletters FAQs Subscription Log out US Markets Loading... H M S In the news Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE Subscribe Subscribe Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Tech TikTok is at the heart of a wild geopolitical dogfight and it could result in Microsoft buying TikTok. Here's what's going on. Isobel Asher Hamilton and Shona Ghosh 2020-08-03T11:00:14Z Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link. It symobilizes a website link url. Copy Link Tolga Akmen/AFP/Getty Images; Clancy Morgan/Business Insider News broke on Friday that TikTok-owner ByteDance is being pressured by the Trump administration to divest its US business, and Microsoft was in the running to buy it up.Trump then said on Friday he was banning the app, possibly as soon as Saturday. The ban has yet to materialize.Trump's comments reportedly halted Microsoft's acquisition talks, but on Sunday Microsoft announced it was resuming discussions with TikTok.Here's everything we know so far.Visit Business Insider's homepage for more stories. TikTok has had a turbulent 72 hours.The wildly popular short video app has become the subject of increasing criticism in the US due to the fact it is owned by Chinese tech giant ByteDance, a fact which some officials and lawmakers including Secretary of State Mike Pompeo say make it a national security threat.As US-China relations have deteriorated over the course of 2019 and 2020, TikTok is under mounting scrutiny. On Friday this pressure erupted, with President Trump telling reporters he would ban the app imminently. His comments coincided with reports that ByteDance was in talks to sell off part of TikTok to interested investors — most prominently Microsoft.Here is a timeline of what's been going on with TikTok: For context, TikTok is wildly popular and hit 2 billion downloads in April. Reuters TikTok is outperforming Instagram in terms of downloads, and its short-form video clips regularly go viral on rival social networks. TikTok has 80 million users in the US, but its Chinese roots have made US lawmakers uneasy. The Committee on Foreign Investment in the United States in late 2019 contacted ByteDance expressing concerns that TikTok posed a threat to US citizens.In December 2019, the US Army banned personnel from using TikTok. The Navy also told personnel not to install the app on government devices. The US started signaling in early July that it might ban the TikTok app outright. When asked by Fox News about a potential ban on July 6, Secretary of State Mike Pompeo said: "We are taking this very seriously and we are certainly looking at it."He added that US TikTok users should be wary of the app, saying their data could end up "in the hands of the Chinese Communist Party." In an interview broadcast the following day, Trump said he was considering banning the app. President Donald Trump. AP Photo/ Evan Vucci When asked about Pompeo's comments in an interview broadcast Tuesday, July 7, Trump said: "It's something we're looking at."Trump's reasoning for potentially banning TikTok differed from Pompeo's. Rather than citing national security concerns, Trump suggesting a TikTok ban could be deployed to punish China for the outbreak of the coronavirus."Look, what happened with China with this virus, what they've done to this country and to the entire world is disgraceful," Trump said, adding that banning TikTok was "one of many" options he was considering as a way to punish China. Amid these political rumblings, news emerged Friday that Microsoft might buy parts of TikTok. The New York Times first reported TikTok was in talks to sell its US business to Microsoft and other US companies because Trump was considering taking action against the company.According to the Times' sources, the governmental Committee on Foreign Investment in the United States (CFIUS) ordered TikTok's parent company ByteDance to divest the company on national security grounds. The same day, President Trump told reporters on Air Force One he would ban TikTok in the US within 24 hours. President Donald Trump boards Air Force One as he departs Washington for travel to Florida at Joint Base Andrews, Maryland, US, July 31, 2020. REUTERS/Tom Brenner "As far as TikTok is concerned we're banning them from the United States," Trump said, adding that he planned to take action "as soon as Saturday."It is not clear whether Trump has the authority to ban the app, although he asserted he could do so "with an executive order or that." TikTok's US office said on Saturday saying it wasn't going anywhere. In a video by TikTok's US general manager Vanessa Pappas addressed to its US users, she said "we're not planning on going anywhere" and "we're here for the long run."She said that TikTok is planning on creating 10,000 jobs in the US over the next three years. —TikTok (@tiktok_us) August 1, 2020  On Sunday, Mike Pompeo said the administration would be taking action against TikTok within days. Peter Summers - WPA Pool/Getty Images Talking to Fox News, Pompeo said Chinese software companies including TikTok "are feeding data directly to the Chinese Communist Party, their national security apparatus.""President Trump has said 'enough' and we're going fix it, and so he will take action in the coming days with respect to a broad array of national security risks," said Pompeo. The Wall Street Journal reported Sunday that Microsoft had put its acquisition talks on hold due to these confusing signals from the government. Citing people familiar with the matter, the Journal said the talks between Microsoft and ByteDance hit a speed bump following Trump's comments on Air Force One. One source said the comments caught both TikTok and Microsoft completely by surprise, while another said the Trump administration had been intimately involved in discussions between the two companies for weeks.  Microsoft publicly announced on Sunday it was resuming talks to buy parts of TikTok after its CEO spoke personally with Donald Trump. Microsoft CEO Satya Nadella. REUTERS/Fabrizio Bensch "Following a conversation between Microsoft CEO Satya Nadella and President Donald J. Trump, Microsoft is prepared to continue discussions to explore a purchase of TikTok in the United States," the company said in a blog post.Microsoft's blog also said the company is looking to buy up not only TikTok's US business but also in Canada, Australia, and New Zealand."Microsoft will move quickly to pursue discussions with TikTok's parent company, ByteDance, in a matter of weeks, and in any event completing these discussions no later than September 15, 2020. During this process, Microsoft looks forward to continuing dialogue with the United States Government, including with the President," it said.Any potential acquisition will be overseen by the Committee on Foreign Investment in the United States (CFIUS). It isn't clear what a new Microsoft-owned TikTok would look like, but early indications suggest it's about who owns the data Microsoft's announcement doesn't explicitly state what a new, Microsoft-owned TikTok across the US, Canada, Australia, and New Zealand might look like. The idea of another hived-off TikTok app that operates only in these markets under Microsoft seems drastic.One part of the announcement suggests a deal would focus on who owns the data of TikTok users in these markets and where it's stored. As Microsoft wrote: "This new structure would build on the experience TikTok users currently love, while adding world-class security, privacy, and digital safety protections. The operating model for the service would be built to ensure transparency to users as well as appropriate security oversight by governments in these countries."But it isn't clear how this might impact TikTok in other major markets such as, for example, Europe. It emerged that Microsoft and TikTok now have 45 days to conclude their talks. President Donald Trump speaks to reporters as he departs for a trip to Florida from the South Lawn of the White House in Washington, DC, July 31, 2020. Carlos Barria/Reuters Three sources familiar with the matter told Reuters Trump only gave Microsoft the go-ahead for its acquisition talks with TikTok on condition that it closes the deal in 45 days.According to Reuters' sources, Trump softened his stance on TikTok following pressure from his advisers and other Republican party members, who said banning TikTok would trigger a wave of legal challenge as well as alienating young voters ahead of November's presidential election. According to Bloomberg, Microsoft isn't the only company in the running to buy TikTok. US officials have had talks with at least one other large company apart from Microsoft about potentially acquiring TikTok, a source familiar with the talks told Bloomberg. The source did not say which large company this was. It's also still possible that rather than sell TikTok, ByteDance might spin the company off entirely. ByteDance founder Zhang Yiming. VCG/VCG via Getty Images The South China Morning Post reported Sunday that ByteDance's founder Zhang Yiming as well as its investors are reluctant to sell TikTok, citing a source familiar with the matter.His preference is instead for a spinoff that would enable TikTok to operate independently, and in the US.  Analysts told Business Insider the potential acquisition was unexpected from Microsoft, but it could be a smart move for the company to break into the social media market. Microsoft's interest in TikTok was seen by analysts as a departure from its typically enterprise-based business model."It's a little bit out of left field, but for Microsoft, the one area where they missed the boat was social media," Wedbush Securities analyst Dan Ives told Business Insider.Futurum Research analyst Daniel Newman said an acquisition could position Microsoft as a savior for TikTok's predominantly young user base. "The rising generations are very attached to this platform [...] Microsoft has the opportunity to be the hero here," Newman said.  Newsletter Get the latest tech trends & innovations — delivered daily to your inbox. Loading Something is loading. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy. More: TikTok Donald Trump Microsoft Mike Pompeo US-China Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Deal icon An icon in the shape of a lightning bolt. For you Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Follow us on: * Copyright © 2021 Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy . Contact Us Sitemap Disclaimer Accessibility Commerce Policy CA Privacy Rights Coupons Made in NYC Jobs Stock quotes by finanzen.net Reprints & Permissions International Editions: United States US International INTL Asia AS Deutschland & Österreich AT Australia AUS Deutschland DE España ES France FR India IN Japan JP México MX Netherlands NL Polska PL South Africa ZA

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Twitter CFO Anthony Noto Talks Acquisitions Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. 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H M S In the news Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Subscribe Subscribe Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Tech Twitter CFO hints that he's itching to spend company's $3.5 billion on 'game changing' acquisitions Alexei Oreskovic 2016-04-27T00:23:21Z Save Article Icon A bookmark Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Share icon An curved arrow pointing right. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link. It symobilizes a website link url. Copy Link Download the app Twitter CFO Anthony Noto. Getty Images/ Brian Ach Twitter's plummeting stock price has led to occasional chatter about it being a buyout target.But with $3.5 billion in cash on its balance sheet, Twitter views itself as a buyer of other tech companies. During Twitter's Q1 conference call on Tuesday, CFO Anthony Noto hinted that the company may be about to embark on a corporate shopping spree. Of particular interest to Noto are so-called ad-tech companies, the behind-the-scenes nuts-and-bolts systems that underpin the internet's automated-advertising economy."The fact that we have the amount of cash on the balance sheet, over $3.5 billion, leaves us with the strategic optionality to look for those assets that are game changing," Noto said on the call."And we're focused ... not just on consumer-capture devices, but we're also focused on other opportunities that have scaled audiences to leverage our great monetization vehicle, and we're also focused on ad-tech technology to continue to build out our ad-tech stock," he said."At the end of the day, our goal is to be a one-stop shop for advertising," Noto said. Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications Deal icon An icon in the shape of a lightning bolt. Keep reading Newsletter Get the latest tech news & scoops — delivered daily to your inbox. Loading Something is loading. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy. NOW WATCH: Twitter’s huge deal to live-stream NFL games could be a game changer More: Twitter Anthony Noto Ad Tech Social Networks Mergers And Acquisitions Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Recommended Video Follow us on: * Copyright © 2022 Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy . 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Uber Looking to Buy Postmates for $2.6 Billion Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. 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H M S In the news Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Subscribe Subscribe Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Tech Uber is reportedly in talks to buy food delivery firm Postmates for $2.6 billion Isobel Asher Hamilton 2020-06-30T10:40:33Z Save Article Icon A bookmark Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Share icon An curved arrow pointing right. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link. It symobilizes a website link url. Copy Link Download the app Founder and CEO at Postmates Bastian Lehmann. John Phillips/Getty Uber is holding acquisition talks with food delivery startup Postmates, the New York Times reports.Earlier this year Uber was reported to be holding acquisition talks with Grubhub, but these reportedly fell through and in mid-June Grubhub announced it was merging with Just Eat.Postmates is smaller than Grubhub, and could also expose Uber to less risk of antitrust scrutiny.Visit Business Insider's homepage for more stories. Get the latest tech news & scoops — delivered daily to your inbox. Loading Something is loading. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy. Uber is changing tack after acquisition talks with Grubhub fell through by switching its attention to food delivery startup Postmates , the New York Times reports.Three sources familiar with the matter told the Times that Uber and Postmates were holding ongoing acquisition talks. One of the sources said Uber is offering to buy Postmates for roughly $2.6 billion.Uber was reportedly in acquisition talks with food delivery startup Grubhub earlier this year, but Grubhub announced on June 11 it was instead merging with European takeaway service Just Eat. Sources told CNBC Uber walked away from the deal over concerns it would attract antitrust scrutiny.As a much smaller player in the food delivery business, Postmates could be a safer option. According to analytics firm Second Measure, Postmates makes up a significantly smaller chunk of the US market than Grubhub. Grubhub captured 32% of food delivery sales in 2019, while Postmates made up 10%. Uber Eats meanwhile accounted for 20% of the market.Antitrust fears are not the only possible reason why Uber may have walked away from Grubhub, various reports emerged that the two firms struggled to agree on a price for the acquisition. Just Eat paid roughly $7.3 billion to acquire the startup.Uber's desire to bolster its food delivery service has reportedly been spurred on by the coronavirus pandemic, as demand for taxi services has plummeted while food delivery has skyrocketed.Two sources told the Times Postmates has also held sale talks with Grubhub and DoorDash over the past year. Postmates confidentially filed plans for an IPO with the SEC in February 2019, but has yet to go public. Sources told Reuters on Monday that the company is considering reviving its IPO plans due to the boom in food delivery brought on by the pandemic.Uber and Postmates were not immediately available to comment when contacted by Business Insider. 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Amazon Is Acquiring ComiXology, a Mobile Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Subscribe Business The word Business Life The word Life News The word News Reviews The word Reviews Business Tech Finance Markets Strategy Retail Advertising Healthcare Intelligence Life Entertainment Culture Travel Food Health Parenting Beauty Style News Politics Military & Defense Sports Opinion Reviews Tech Streaming Home Kitchen Style Beauty Gifts Deals Pets Parenting Coupons Health Learning Hobbies & Crafts Travel All A-Z Advertising Business Careers Coupons DoorDash Walmart Dell Staples Under Armour Culture Design Entertainment Executive Lifestyle Finance Food Health Healthcare Intelligence Latest Life Markets Insider Media Military & Defense News Opinion People Personal Finance Banking Credit Cards Insurance Investing Loans Mortgages Politics Premium Retail Reviews Science Sports Strategy Tech Transportation Travel TV Beauty Explorers Best in Town Bonkers Closets Festival Foodies Movies Insider Pop Culture Decoded The Making Of The Ultimate List Featured Talent Insider About About Advertise Careers Code of Ethics Contact Us Corporate Corrections Policy Follow RSS Sitemap Facebook Twitter Instagram YouTube LinkedIn Subscriptions Intelligence Premium US Markets Loading... H M S In the news Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Subscribe Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Tech Amazon is acquiring ComiXology, a mobile Jay Yarow 2014-04-10T20:08:17Z Save Article Icon A bookmark Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Share icon An curved arrow pointing right. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Link icon An image of a chain link. It symobilizes a website link url. Copy Link Download the app Redeem now Amazon is acquiring ComiXology, a mobile app that lets you download comics. It's like the Kindle store for comics. Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications Deal icon An icon in the shape of a lightning bolt. Keep reading Newsletter Get the latest tech news & scoops — delivered daily to your inbox. Loading Something is loading. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy. Follow us on: * Copyright © 2022 Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy . Contact Us Sitemap Disclaimer Accessibility Commerce Policy Advertising Policies CA Privacy Rights Coupons Made in NYC Jobs @ Insider Stock quotes by finanzen.net Reprints & Permissions International Editions: United States US International INTL Asia AS Deutschland & Österreich AT Deutschland DE España ES India IN Japan JP México MX Netherlands NL Polska PL South Africa ZA

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Apple Acquires LuxVue - Business Insider Tech BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All × From To You have successfully emailed the post. Apple Bought A Company That Could Help Save Your iPhone's Battery Life Steve Kovach May 2, 2014, 3:35 PM 3,944 facebook linkedin twitter email print Business Insider, William WeiApple bought a startup called LuxVue, the maker of power-efficient LEDs, Apple confirmed in a statement to Business Insider. TechCrunch first reported the news. It's unclear how much Apple paid for LuxVue, but it has raised $43 million so far. TechCrunch says the LuxVue team will join Apple's hardware innovations division. LuxVue makes LED displays that don't suck up a lot of power, which Apple could theoretically use to make iPhone and iPad screens that don't kill your battery as quickly. An Apple spokesperson confirmed the acquisition with the same statement the company always gives when it buys a company: "Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans." SEE ALSO: The best smartphones in the world More: Apple facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 0 All Comments 0 Apply To Be An "Insider" » Loading Apple Bought A Company That Could Help Save Your iPhone's Battery Life Apple Bought A Company That Could Help Save Your iPhone's Battery Life Apple bought a startup called LuxVue, the maker... Recommended For You Featured These high-tech classes are the coolest thing happening in schools today More "Future Now" » Neil deGrasse Tyson and Al Gore on the future of our planet — and everything else More "Innovators" » Get Tech Emails & Alerts Sign-Up Learn More » Tech Select Tech Chart Of The Day Business Insider Select 10 Things In Tech You Need To Know Mobile Insights BII Mobile Insights More Featured Business Insider Select Tech Select Tech Chart Of The Day Markets Chart Of The Day 10 Things Before the Opening Bell Instant MBA Business Insider Events BI Intelligence Daily Finance Finance Select Markets Select Monday Scouting Report Your Money Select Financial Advisor Insights Smart Investor CFO Insider Finance Insider Wealth Advisor Select Strategy Strategy Select Advertising Select Retail Select Careers Select 10 Things You Need To Know In Advertising Politics Politics Select Military Select Life Life Select Transportation Select Education Select Entertainment Select Breaking News Tech Enterprise Select Science Select Mobile Chart Of The Day E-Commerce Chart Of The Day Payments Chart Of The Day Digital Media Chart Of The Day IoT Chart of the Day Fintech Briefing Charts of the Day Sports Chart Of The Day Top 10 Things 10 Things In Tech You Need To Know Closing Bell Sports Sports Latest Research Our 25 Top Tech Predictions The Payments Ecosystem Report The Fintech Ecosystem Report The Internet of Things Report Read Business Insider On The Go Available for iPhone, iPad, and Android Find A Job Tech Jobs C-Level Jobs Media Jobs Design Jobs Finance Jobs Sales Jobs See All Jobs » Thanks to our partners * Copyright © 2016 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Made in NYC Stock quotes by finanzen.net International Editions: UKDEAUSIDINMYSGPLSE

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Arm Says Acquisition by Nvidia Won't Expose It to US Probes Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Subscribe Subscribe Business The word Business Life The word Life News The word News Reviews The word Reviews Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. 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It often indicates a user profile. Log in Subscribe Subscribe Newsletters World globe An icon of the world globe, indicating different international options." US Edition US INTL Asia Deutschland & Österreich Australia España France India Japan México Netherlands Polska South Africa Get the Insider App Click here to learn more A leading-edge research firm focused on digital transformation. See our Research Facebook Icon The letter F. Twitter icon A stylized bird with an open mouth, tweeting. LinkedIn icon The word "in". YouTube icon A play button in the shape of a television screen. Instagram icon A stylized camera. * Copyright © 2021. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy. Sitemap Disclaimer Accessibility Commerce Policy CA Privacy Rights Coupons Made in NYC Jobs Stock quotes by finanzen.net Reprints & Permissions Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Good Subscriber Account active since Shortcuts Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Profile Newsletters FAQs Subscription Log out US Markets Loading... H M S In the news Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE Subscribe Subscribe Premium Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Tech Chip design giant Arm dismissed fears its $40 billion acquisition by Nvidia exposes customers to US national security blocks Shona Ghosh 2020-09-14T10:36:00Z Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link. It symobilizes a website link url. Copy Link Simon Segars, CEO of chip design giant Arm Horacio Villalobos#Corbis/Corbis via Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. UK chip designer Arm has dismissed concerns that being owned by American company Nvidia will trigger increased scrutiny by the Committee on Foreign Investment in the US, or CFIUS. Arm is being sold by its current owner SoftBank to US chip maker Nvidia in a $40 billion deal. Arm's cofounder Hermann Hauser, who is no longer with the company, claimed the change of ownership could provoke increased scrutiny by the US government, potentially impacting Arm's customers, which include Apple. Simon Segars, Arm's chief executive, told reporters on Monday: "The majority of our products are designed outside the US, and most don't fall under most US export control rules." Visit Business Insider's homepage for more stories. UK chip designer Arm has dismissed fears that its $40 billion acquisition by American chip giant Nvidia could expose it to heightened security scrutiny by the US government.Arm's cofounder Hermann Hauser, who is no longer involved with the company, on Monday described the deal as a disaster. He said the Committee on Foreign Investment in the US, or CFIUS, could now potentially dictate how and where companies that use Arm's technology export their own products. Arm's customers include Apple, Qualcomm, and Samsung.But Arm CEO Simon Segars said the company had considered the prospect of heightened scrutiny, and concluded it would mostly be unaffected.Nvidia announced on Monday it would buy Arm from its current parent SoftBank, in a deal that would create a giant of the semiconductor industry. The acquisition could take more than a year to complete, Nvidia founder Jensen Huang said.Hauser voiced his concerns about CFIUS, the government body whose wide-ranging remit allows it to investigate business deals involving US firms and foreign entities, to the Today programme on Monday. "[That] means that if hundreds of UK companies that incorporate ARM's [technology] in their products, want to sell it, and export it to anywhere in the world including China — which is a major market — the decision on whether they will be allowed to export it will be made in the White House and not in Downing Street."But Segars said that because the "majority" of Arm's products are designed outside the US, they don't fall under US export controls. "So that's something that we pay very, very careful attention to because we absolutely have to adhere to all the laws that surround the export of products. Our analysis of that and how our products are affected won't change by having a US parent company."Segars added that export constraints are rooted in where products are designed, not who their ultimate parent company is. "It isn't to do with the ownership of the company, it's all to do with the analysis of the product itself," he said.Deal creates anxiety in UKWhile the Arm-Nvidia deal will, if it passes regulatory scrutiny over the next year, create a powerhouse in the chip industry, it has created some anxiety in the UK.Arm, as a global technology company whose clients include giants such as Apple, is considered a jewel of the UK tech scene. A sale may weaken the UK's position in tech, and the BBC reported that leading figures in the UK tech scene have lobbied the prime minister, Boris Johnson, to intervene.When SoftBank acquired Arm in 2016, it committed to keeping Arm's headquarters in the UK and promised to double headcount within five years. Nvidia's Jensen Huang said he was open to similar discussions with the UK government. The company has said Arm would stay headquartered in Cambridge and that it will create an AI lab in the UK, but does not appear to have committed to specific staffing numbers."We're open-minded to create a constructive framework that reflects our intentions and our investment opportunities in the UK," Huang said. "We'll absolutely have that conversation, and we'll do something that makes sense."Nvidia is set to issue $1.5 billion in equity to Arm employees as part of the deal. In a press release, Nvidia said that it expects the deal to close within 18 months, and leave SoftBank with a stake in Arm of about 10%.  Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications Was this article valuable for you? Yes No Additional comments Email (optional) Receive a selection of our best stories daily based on your reading preferences. 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Here's What It's Like When Groupon Acquires Your Startup - Business Insider Tech BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All × From To You have successfully emailed the post. Here's What It's Like When Groupon Acquires Your Startup Matt Lynley Feb. 11, 2012, 8:54 AM 4,007 1 facebook linkedin twitter email print AdkuCarlos Whitt is the co-founder of Adku. See Also A startup that claims to be the 'Uber for sales' has been using fake profiles and endorsements The entrepreneur who hired chefs through Tinder has sold her cookery startup for £50,000 Large companies used to gobble up San Francisco real estate, but 'they're just not there today,' says developer Adku, a recommendation engine startup, was in stealth for a long time. But It still caught Groupon's eye. Now Adku, backed by startup incubator AngelPad, has been acquired by Groupon and is joining the company's entrepreneur-stacked Palo Alto office. That's quite a change. We got in touch with Carlos Whitt, a co-founder of Adku, to find out what it was like to be acquired by Groupon and what the company is doing. Here's what we learned. The Groupon office in Palo Alto is mostly staffed by its acquisitions. Just about every other employee there is an ex-entrepreneur, he said. Adku was a big-data company that powered a recommendation engine. That should give some kind of idea of what Groupon is working on next. Groupon was going to be a client, then they just decided to join forces. Whitt said the whole thing just seemed to make sense, and Andrew Mason agreed. The inaugural class of AngelPad is on a hot streak. Adku join MoPub and several other companies that have gotten high-profile exits or are already raising bigger rounds of funding. BUSINESS INSIDER: Can you tell me a little bit about Adku and how you guys got started? CARLOS WHITT: We met while working at Google and we had a big fondness for big data. We've been in stealth for so long, but the quick summary is we like big data and wanted to see what we could do with external data signals and e-commerce. We wanted to leverage big data for e-commerce, we spent all of last year building a recommendation system and integrated it with numerous clients. They were happy and loved us and around that time we started talking to Groupon. BI: You guys were a part of AngelPad, right? How did that affect your startup? CW: Once some people heard I was starting a company with other Googlers, somehow in the small valley, they said we should talk to Thomas (Korte, founder of AngelPad). I met with him and had a good vibe and we joined AngelPad, and that was great. Any place you get that kind of structure on a weekly or almost daily basis is really good for startups. You focus exactly on what you need to be thinking about. As you discuss your idea and discuss it and discuss it, it's really helpful. I think that was awesome for us and that accelerated our timeline by 6 or 8 months or possibly more. We were part of the inaugural class, I don't think the couple VCs that set up the new program until the second or third class. MoPub was in our class, AllTrail was in our class, a few others were in our class too.  BI: What's next for you guys? CW: One thing we're not allowed to talk about is what we're gonna be working on. But think in terms of what things we were doing — leveraging big data to optimize e-commerce. We were talking to Groupon along those lines. They were not one of our clients before, but we were discussing having them become one of our clients and those discussions made us realize that maybe we should just join forces. We're in San Francisco, and we're gonna stay here. The entire team lives and works in San Francisco, but we're gonna be joining the Palo Alto Groupon office. ScreenshotBI: What was the negotiation process like? Was Mason a hard driver? CW: We were talking with them about being a client. We did spend a little time with Andrew, but it wasn't like he was calling us on the phone out of the blue and saying "hey, let's do something." He was brought in toward the middle of the process, and we just wanted to bounce some ideas off him and confirm what we thought about Groupon was in line with his vision. We had a great chat with Andrew, he seemed very energetic and very articulate and basically his way of describing going after the local problem was very much in line with what I had envisioned and what I'm really excited about doing. We met soon after he did his interview for 60 minutes, and I guess in the interview they referenced him doing yoga in his underwear. We talked about that a little bit, he's just like, eh, it's up there so we decided to leave it up there. Once something's online it's impossible to get rid of. BI: What was so appealing about Groupon that made you accept the offer? CW: I get the sense that the company has a very fun culture about it. One of the things that was really appealing to me and my co-founders was the fact that it's only three years old, the company is basically just a startup with a huge opportunity. There are plenty of startups that are older than three years. It's now a fairly large company with a successful market, so it has the fun quirkiness. The Palo Alto office in particular is comprised of a lot of acquisitions, and that is really appealing. It means we're basically one of every two people is an ex-entrepreneur. And they're some of the most exciting people I can interact with. The idea that I can join a company like Groupon and have that scale of impact and work alongside those entrepreneurs is really exciting. Any time you get to work alongside some entrepreneurs, I consider myself really, really lucky. BI: How are you feeling about the acquisition? CW: I'm ridiculously excited, one of the things it's saying to me, we basically get to run experiments and run different algorithms. With the amount of data Groupon has, we get to run our experiments a lot quicker and iterate even faster than we have been in the past year and a half. The sheer quantity of data allows us to move even faster. It's not really resources — for us it's almost entirely the quantity of the data. The more data, the faster we can achieve statistical significance and the faster we can move. More: Groupon Startups facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 0 All Comments 1 Apply To Be An "Insider" » Loading Here's What It's Like When Groupon Acquires Your Startup Here's What It's Like When Groupon Acquires Your Startup Crazy. 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How Much Investors Lost From Amazon's Acquisition of eero: Leaked Docs Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Subscribe Business The word Business Life The word Life News The word News Reviews The word Reviews Business Tech Finance Markets Strategy Retail Advertising Healthcare Intelligence Life Entertainment Culture Travel Food Health Parenting Beauty Style News Politics Military & Defense Sports Opinion Reviews Tech Streaming Home Kitchen Style Beauty Gifts Deals Pets Parenting Coupons Health Learning Hobbies & Crafts Travel All A-Z Advertising Business Careers Coupons DoorDash Walmart Dell Staples Under Armour Culture Design Entertainment Executive Lifestyle Finance Food Health Healthcare Intelligence Latest Life Markets Insider Media Military & Defense News Opinion People Personal Finance Banking Credit Cards Insurance Investing Loans Mortgages Politics Premium Retail Reviews Science Sports Strategy Tech Transportation Travel TV Beauty Explorers Best in Town Bonkers Closets Festival Foodies Movies Insider Pop Culture Decoded The Making Of The Ultimate List Featured Better Capitalism Cities Connected Insider TV Master Your Money Next Stop Sustainable Finance Transforming Business About About Advertise Careers Contact Us Corporate Corrections Policy Follow RSS Sitemap Facebook Twitter Instagram YouTube LinkedIn Subscriptions Intelligence Premium US Markets Loading... H M S In the news Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Subscribe Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Tech Here's how much investors may have lost in Eero's fire-sale deal to Amazon, according to leaked documents Lisa Eadicicco 2019-04-08T16:54:17Z Save Article Icon A bookmark Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Share icon An curved arrow pointing right. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Link icon An image of a chain link. It symobilizes a website link url. Copy Link Download the app Eero Redeem now Amazon's acquisition of Eero was valued at $97 million, a fire-sale deal that was worth significantly less than the company's most recent reported valuation.Documents obtained by Business Insider indicate how much investors may have lost from the deal.The paperwork indicates that the estimated amount to be paid at the deal's close was lower than the estimated liquidation preference per share, a sign investors received less than they poured in.Visit Business Insider's homepage for more stories. Get the latest tech news & scoops — delivered daily to your inbox. Loading Something is loading. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy. When Amazon agreed to acquire Eero for $97 million — a fire-sale deal that was worth significantly less than the company's most recent reported valuation — investors were among those who lost out while the founders walked away with millions in payouts.Documents obtained by Business Insider indicate how much investors in series seed through series D rounds are estimated to have lost according to the deal's terms. The documents say the estimated per share liquidation preference for each class of shares was lower than the estimated amount per share to be paid at closing — a sign investors received less money than they poured in to the startup. It makes sense considering the company's sale to Amazon was valued at far less than its most recent estimated valuation, which Pitchbook data indicates was $215 million following a series D funding round in late 2017.A liquidation preference dictates the amount of money that preferred stock owners are paid in the event that a company is sold or liquidated. It's a common practice venture capitalists use to ensure they get their money back before other types of stockholders are paid.In Amazon's acquisition of Eero, the amount to be paid per share at closing was more than 16% lower than the liquidation preference for series seed through series D rounds, according to the documents. Because the figures below are estimates, the exact amount of money investors were paid at closing could differ from what was shown in the documents. Mashable first reported the specifics of Amazon's acquisition of Eero on Friday. Eero declined to comment when the news broke on Friday and has not responded to Business Insider's follow-up request. Amazon has not responded to Business Insider's request for comment.Series SeedEstimated per share liquidation preference: $0.48Estimated amount to be paid at closing: $0.40Difference: Decrease of 16.7%Series AEstimated per share liquidation preference: $1.17Estimated amount to be paid at closing: $0.98Difference: Decrease of 16.2%Series BEstimated per share liquidation preference: $2.83Estimated amount to be paid at closing: $2.37Difference: Decrease of 16.3% Series CEstimated per share liquidation preference: $5.03Estimated amount to be paid at closing: $4.21Difference: Decrease of 16.3%Series DEstimated per share liquidation preference: $7.51Estimated amount to be paid at closing: $6.29Difference: Decrease of 16.2%Amazon and Eero announced in February that the two companies had entered into a merger agreement, a move that was positioned as being a beneficial partnership that would accelerate their missions of bringing a quality Wi-Fi experience to the home. But the terms of the deal also left common shareholders with almost nothing, as the documents indicate that the terms valued common stock at $0.03 a share.Eero's three cofounders — Nick Weaver, Nathan Hardison, and Timothy A. Schallich — received payouts in the form of bonuses and other awards, as did other company executives, the documents suggest. Weaver is poised to receive more than $7 million, according to the documents, while Hardison could end up with more than $5 million and Schallich could receive more than $4 million. The final amount Eero's cofounders and executives receive could differ from what was stated in the documents. Eero was founded in 2014 by the Stanford alumni Weaver, Hardison, and Schallich. The company quickly established itself as a pioneer in mesh networking — a technology that uses multiple access points to blanket an area with a Wi-Fi signal rather than relying on just one router. Eero's first product was well-received by tech critics upon launching in 2016, and companies like Google and Samsung have since released similar devices.Amazon's purchase of Eero is the latest in a series of acquisitions that further cement the online retail giant as a dominant player in the smart-home industry. It acquired the smart-doorbell maker Ring for a reported $1 billion in 2018 and the security-camera startup Blink for a reported $90 million in 2017, Reuters reported at the time.Got a tip? Contact this reporter at leadicicco@businessinsider.com or via encrypted email at lisa.eadicicco@protonmail.com. Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications Deal icon An icon in the shape of a lightning bolt. Keep reading NOW WATCH: Expect Amazon to make a surprising acquisition in 2018, says CFRA More: Eero Amazon Amazon acquisitions Mesh WiFi start-ups Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Recommended Video Follow us on: * Copyright © 2022 Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy . Contact Us Sitemap Disclaimer Accessibility Commerce Policy Advertising Policies CA Privacy Rights Coupons Made in NYC Jobs @ Insider Stock quotes by finanzen.net Reprints & Permissions International Editions: United States US International INTL Asia AS Deutschland & Österreich AT Deutschland DE España ES India IN Japan JP México MX Netherlands NL Polska PL South Africa ZA

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PUBLICIS GROUPE HAS ACQUIRED ROKKAN: The - Business Insider Advertising BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All × From To You have successfully emailed the post. Dec. 20, 2012, 1:02 PM JE 87 facebook linkedin twitter email print PUBLICIS GROUPE HAS ACQUIRED ROKKAN: The digital agency which has historically specialized in video game clients will continue to be led by CEO John Noe, Chief Experience Officer Chung Ng, and Chief Creative Officer Charles Bae. No numbers describing the deal were disclosed. -- JE facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 0 All Comments 0 Apply To Be An "Insider" » Loading PUBLICIS GROUPE HAS ACQUIRED ROKKAN: The PUBLICIS GROUPE HAS ACQUIRED ROKKAN: The PUBLICIS GROUPE HAS ACQUIRED ROKKAN: The... Recommended For You Featured Neil deGrasse Tyson and Al Gore on the future of our planet — and everything else More "Innovators" » My husband and I are business partners who just had our first child — here's how we make it work More "What Matters" » Get Advertising Emails & Alerts Sign-Up Learn More » Advertising Select Advertising: The Brief More Featured Business Insider Select Tech Select Tech Chart Of The Day Markets Chart Of The Day 10 Things Before the Opening Bell Instant MBA Business Insider Events BI Intelligence Daily Finance Finance Select Markets Select Monday Scouting Report Your Money Select Financial Advisor Insights Smart Investor CFO Insider Finance Insider Wealth Advisor Select Strategy Strategy Select Advertising Select Retail Select Careers Select 10 Things You Need To Know In Advertising Politics Politics Select Military Select Life Life Select Transportation Select Education Select Entertainment Select Breaking News Tech Enterprise Select Science Select Mobile Chart Of The Day E-Commerce Chart Of The Day Payments Chart Of The Day Digital Media Chart Of The Day IoT Chart of the Day Fintech Briefing Charts of the Day Sports Chart Of The Day Top 10 Things 10 Things In Tech You Need To Know Closing Bell Sports Sports Latest Research Our 25 Top Tech Predictions The Payments Ecosystem Report The Fintech Ecosystem Report The Internet of Things Report Read Business Insider On The Go Available for iPhone, iPad, and Android Find A Job Tech Jobs C-Level Jobs Media Jobs Design Jobs Finance Jobs Sales Jobs See All Jobs » Thanks to our partners * Copyright © 2016 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Stock quotes by finanzen.net Made in NYC International Editions: UKDEAUSIDINMYSG

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Facebook Acquires Onavo For Up To $200 Million - Business Insider Tech BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All × From To You have successfully emailed the post. Facebook Has Acquired Mobile Analytics Startup Onavo For Up To $200 Million Alyson Shontell Oct. 14, 2013, 7:35 AM 3,554 5 facebook linkedin twitter email print OnavoThe Onavo TeamFacebook has acquired a mobile analytics company, Onavo. The buyout price was up to $200 million, according to multiple reports. Onavo is based in Tel Aviv and Palo Alto. Facebook will turn Onavo's office into its first office in Israel and thirty employees will join Facebook's team there, The Marker reports. Onavo was founded in 2010 by Guy Rosen and Roi Tiger; it raised $13 million from Sequoia Capital and others. It provides mobile data usage analytics and helps companies see how their usage stacks up against other companies. Here's the memo from the founders: We are excited to announce that Facebook has agreed to acquire our company. Three years ago, we started Onavo with the goal of helping today’s technology consumers and companies work more efficiently in a mobile world. We developed the award-winning Onavo mobile utility apps, and later launched Onavo Insights, the first mobile market intelligence service based on real engagement data. Our service helps people save money through more efficient use of data, and also helps developers, large and small, design better experiences for people.  We’ve built world-class products and a remarkably talented team which has pioneered important breakthroughs in data compression technology and mobile analytics. Today, we’re eager to take the next step and make an even bigger impact by supporting Facebook’s mission to connect the world. As you know, Facebook and other mobile technology leaders recently launched Internet.org, formalizing Facebook’s commitment to improving access to the internet for the next 5 billion people — this is a challenge we’re also passionate about. We’re excited to join their team, and hope to play a critical role in reaching one of Internet.org’s most significant goals – using data more efficiently, so that more people around the world can connect and share. When the transaction closes, we plan to continue running the Onavo mobile utility apps as a standalone brand. As always, we remain committed to the privacy of people who use our application and that commitment will not change. We are incredibly proud of the talented team we have assembled, and, recognizing this, Onavo’s Tel-Aviv office will remain open for business and will become Facebook’s new Israeli office. We’ll continue to advance the work we are doing in collaboration with Facebook’s great team. Thank you to everyone who has joined us on this journey. We’d like to extend a special thanks to our investors, who believed in us and in our vision from the early days. We’re excited for what’s next. Guy Rosen, Co-Founder & CEORoi Tiger, Co-Founder & CTO More: Facebook Onavo facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 0 All Comments 5 Apply To Be An "Insider" » Loading Facebook Has Acquired Mobile Analytics Startup Onavo For Up To $200 Million Facebook Has Acquired Mobile Analytics Startup Onavo For Up To $200 Million Facebook has acquired a mobile analytics... 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Google Can't Hire Anyone, So It's Going Crazy Acquiring Companies - Business Insider Tech BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All × From To You have successfully emailed the post. Google Can't Hire Anyone, So It's Going Crazy Acquiring Companies Jay Yarow Sep. 10, 2010, 12:10 PM 282,057 21 facebook linkedin twitter email print In the last twelve months, Google has acquired (or planned to acquire) twenty-six different companies. Why is Google going on such a crazy shopping spree? On a basic level, it can afford it, since it has billions in cash. And Google thinks its smart to invest in companies and people to turbo charge the company now for the future. But, below those superficial reasons there seems to lurk a more vexing problem for Google. It's no longer a sexy growth business, and we've heard that's making it harder for Google to attract the best and the brightest in the industry. Facebook wrested that mantle away Google. Facebook is growing like a weed, introducing new products, and most importantly pre-IPO, which means big paydays eventually for employees joining today. Google offered $500,000 to an employee who was leaving for Facebook. He turned it down and joined Facebook anyway. (We've also heard Quora is hiring lots of talent lately. More on that later.) Which, brings us to Google's acquisitions. It bought some big companies, but mostly it's smaller companies filled with industrious, intelligent, entrepreneurs. Google used to be able to just hire those people. Today, if it wants them in the Google Plex it has to buy the company they're working on. View As: One Page Slides More: Startups Features Google Mergers And Acquisitions Deals facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 0 All Comments 21 Apply To Be An "Insider" » Loading Google Can't Hire Anyone, So It's Going Crazy Acquiring Companies Google Can't Hire Anyone, So It's Going Crazy Acquiring Companies Google has purchased 26 companies in the past 12 months. Recommended For You Featured Neil deGrasse Tyson and Al Gore on the future of our planet — and everything else More "Innovators" » My husband and I are business partners who just had our first child — here's how we make it work More "What Matters" » Get Tech Emails & Alerts Sign-Up Learn More » Tech Select Tech Chart Of The Day Business Insider Select 10 Things In Tech You Need To Know Mobile Insights BII Mobile Insights More Featured Business Insider Select Tech Select Tech Chart Of The Day Markets Chart Of The Day 10 Things Before the Opening Bell Instant MBA Business Insider Events BI Intelligence Daily Finance Finance Select Markets Select Monday Scouting Report Your Money Select Financial Advisor Insights Smart Investor CFO Insider Finance Insider Wealth Advisor Select Strategy Strategy Select Advertising Select Retail Select Careers Select 10 Things You Need To Know In Advertising Politics Politics Select Military Select Life Life Select Transportation Select Education Select Entertainment Select Breaking News Tech Enterprise Select Science Select Mobile Chart Of The Day E-Commerce Chart Of The Day Payments Chart Of The Day Digital Media Chart Of The Day IoT Chart of the Day Fintech Briefing Charts of the Day Sports Chart Of The Day Top 10 Things 10 Things In Tech You Need To Know Closing Bell Sports Sports Latest Research Our 25 Top Tech Predictions The Payments Ecosystem Report The Fintech Ecosystem Report The Internet of Things Report Read Business Insider On The Go Available for iPhone, iPad, and Android Find A Job Tech Jobs C-Level Jobs Media Jobs Design Jobs Finance Jobs Sales Jobs See All Jobs » Thanks to our partners * Copyright © 2016 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Stock quotes by finanzen.net Made in NYC International Editions: UKDEAUSIDINMYSG

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Jon Corzine Wants to Acquire a Commodities Fund for MF Global Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. 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H M S In the news Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Subscribe Subscribe Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Finance Jon Corzine Wants To Acquire A Commodities Fund For MF Global Courtney Comstock 2011-03-07T17:54:08Z Save Article Icon A bookmark Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Share icon An curved arrow pointing right. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link. It symobilizes a website link url. Copy Link Download the app Jon Corzine is apparently shopping around for a $500 million - $1 billion commodities asset manager, according to Financial News.Corzine is trying to turn MF Global from a broker dealer into a full service investment bank and a commodities fund - regional or global - is the ticket. Of course its interesting that he's looking for commodities out of all of the different styles of asset managers. Some investors are heading into commodities as a hedge against inflation.Which commodities funds fit Corzine's bill? It's hard to say. Funds usually sell for less than the assets they hold under management. Financial News says that one source told them - MF Global was not in any discussions over potential acquisitions, but “the volume of interest in firms approaching MF Global [to sell or integrate their business] has been significant”.Others say that it's understood that Corzine -is hunting a commodities firm with between $500m and $1bn in assets under management. Corzine's search comes on the heels of a few major hedge fund mergers. The biggest, Man Group's purchase of GLG, should be nearing completion after a necessary head number cut.  Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications Deal icon An icon in the shape of a lightning bolt. Keep reading Newsletter Sign up for our newsletter to get the latest stories in hedge funds, PE, fintech, and banking — delivered daily to your inbox. Loading Something is loading. 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Viral Nation Acquires Creator Economy Startup MediaKits Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. 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H M S In the news Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Subscribe Premium Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Media Why an influencer-marketing agency just acquired a startup that helps creators make media kits Sydney Bradley 2022-09-20T12:00:00Z Save Article Icon A bookmark Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Share icon An curved arrow pointing right. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Link icon An image of a chain link. It symobilizes a website link url. Copy Link Download the app TikTok star Josh Richards used MediaKits in 2021. Josh Richards/MediaKits This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Redeem now Influencer-marketing and talent agency Viral Nation has acquired creator economy startup MediaKits. MediaKits, which launched in 2021, helps influencers design media kits using real-time social data. The financial details of the deal have not been disclosed. Influencer-marketing and talent management agency Viral Nation has acquired creator economy startup MediaKits. While the two companies each declined to share the financial details of the deal, Viral Nation CEO Joe Gagliese told Insider it was a "full acquisition of the company."MediaKits, cofounded by Kieran O'Brien and creator-podcaster Casey Adams, launched in 2021 as a media kit solution for influencers. Viral Nation, meanwhile, is both a talent management firm and influencer-marketing agency that represents creators like TikTok star Jason Coffee and beauty influencer Leticia Gomes. The firm has produced content for clients like Anheuser-Busch, Match Group, and Twitch. Media kits — a de facto resume for influencers — are an integral part of the influencer-marketing ecosystem. They are used by creators when communicating with brands about potential sponsorship deals and typically summarize a creator's audience, engagement, and experience. Creators often make media kits using software like Canva or Adobe, before sharing them with brands as PDFs.To help make these media kits more up to date and shareable, O'Brien and Adams built a tool that lets creators design media kits with real-time data from platforms like YouTube, Instagram, and TikTok."It's taking an antiquated view of, 'Hey, I have a large social media audience, and I'd love to post to your brand' to 'Here's my digital landing page, and here's what I'm about as a creator,'" Gagliese said about MediaKits. "We feel like Viral Nation has the ability to make the digital media kit a centerpiece to the influencer space."It's not just independent firms that are hoping to win media kit market share: In January, YouTube launched a tool to help creators build media kits, and earlier this month, Insider reported that Instagram is testing a tool that would let creators make media kits on the app. MediaKits founders Kieran O'Brien and Casey Adams will join Viral Nation in director-level roles. Michael Friberg In October, MediaKits announced a $1 million pre-seed funding round, including an investment from rapper Wiz Khalifa. The startup also got on the radar of TikTok star and ex-Sway boy Josh Richards, who invested in the company via Animal Capital, the venture capital fund he cofounded.Viral Nation's acquisition of MediaKits comes after the Toronto-based company announced a $198 million ($250 million CAD) financing round in April. According to PitchBook, the deal valued Viral Nation at $516.53 million."This is an acquisition I would make with or without our financing,"Gagliese said.As for Viral Nation's roadmap going further, the company has "a number of acquisitions in our pipeline" and plans to build "end-to-end" solutions for the creator economy, Gagliese said. There have already been a slew of acquisitions in the creator economy space this year. In March, Lightricks, which is behind link-in-bio tool Ltx.bio, acquired Popular Pays, an influencer-marketing platform. And in April, influencer-marketing platform Mavrck purchased link-in-bio startup Later. Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications Read next Was this article valuable for you? Yes No Additional comments Email (optional) Receive a selection of our best stories daily based on your reading preferences. Submit NOW WATCH: CRASH COURSE: An influencer explains how YouTube ads work, her advice for making more money, and how much she earns Influencers Acqusition Read next Follow us on: * Copyright © 2022 Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy . Contact Us Sitemap Disclaimer Accessibility Commerce Policy Advertising Policies CA Privacy Rights Coupons Made in NYC Jobs @ Insider Stock quotes by finanzen.net Reprints & Permissions International Editions: United States US International INTL Asia AS Deutschland & Österreich AT Deutschland DE España ES India IN Japan JP México MX Netherlands NL Polska PL South Africa ZA

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Yahoo Acquires Startup OnTheAir - Business Insider Tech BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All × From To You have successfully emailed the post. × Yahoo Acquires Startup OnTheAir Nicholas Carlson Dec. 4, 2012, 12:22 PM 4,066 facebook linkedin twitter email print Yahoo has acquired a startup called OnTheAir.  OnTheAir launched in March of this year. It's been described in the past as a "Skype Meets Google+ Hangouts." A Mashable review of the product says this is how it works: "Say you want to host a channel about blogging, you can schedule live conversations at any time and moderate who speaks. If you connect the tool to Facebook and Twitter, the site automatically shares the time of the chat to Facebook friends and Twitter followers." Investors include Scott Banister, Will Smith, True Ventures, and Triple Point Ventures. Yahoo CEO Marissa Mayer has said that one way she intends to restock the company with talented engineers is through small acquisitions. These transactions are often called aqui-hires. They are a nice way for a failed company to end. Here's the blog post from OnTheAir, announcing the news: We are excited to share some big news: OnTheAir has been acquired by Yahoo!. When we started OnTheAir, we had dreams of building a company that made a difference in the daily lives of millions. Our pursuit was challenging: We put in late nights together. We debated intensely. We worked like crazy to build a product we were proud to put our name on. Despite the challenges, our experience has been a rewarding one. We got to launch multiple products to a wonderful community. We were coached and mentored by some of the brightest investors and advisors in Technology (see our list below and work with them if you ever get the chance!). Most importantly, we developed deep bonds as a team and learned how to work together as a unit. While we haven’t yet attained our dream of building a widespread daily use product, we are just as committed to it. And this is why we’re so excited to be joining Yahoo!. When we first met with the team at Yahoo!, it was clear that everybody there is committed to making mobile products the backbone for the world’s daily habits. All in all, it’s a fascinating time to be joining Yahoo!. There’s a tremendous amount of energy in the company. There are big things to be done and great products to be built, and we’re thrilled to be a part of it. We want to conclude this letter with a word of gratitude. Thank you to all of our customers, team members, mentors, advisors, investors, consultants, friends, and family for being a special part of OnTheAir. Building a company is no easy task, and we realize we wouldn’t be anywhere without your support. The OnTheAir TeamAbel, Dan, Erik, Josh, and Mike More: Yahoo facebook linkedin twitter email print × Recommended For You Powered by Sailthru Comments Comments on this post are now closed. Insiders 0 All Comments 0 Apply To Be An "Insider" » Loading Yahoo Acquires Startup OnTheAir Yahoo Acquires Startup OnTheAir It's "Skype Meets Google+ Hangouts." 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Enter your email address and zip code to set up customized email alerts. Email Zip From To Email Sent! You have successfully emailed the post. Marissa Mayer: We Will Buy Companies That Cost Tens Of Millions, Or Low Hundreds Of Millions Jay Yarow | Oct. 22, 2012, 5:47 PM | 6,278 | 8 Email More Share on Tumblr Tweet Email Share on Tumblr TechCrunch  Marissa Mayer confirmed that she's on the prowl for companies to buy during this afternoon's earnings call. Speaking with analysts she said Yahoo would try to acquire companies that cost tens of millions, or low hundred millions. She also said that while people tend to focus on the giant acquisitions, while she was at Google she made 20 small acquisitions. This is what we've been hearing. Mayer is interested in acqui-hires, buying companies for their engineers. The hope is to get fresh blood in the company with new ideas. She won't be big game hunting, looking for billion dollar buys, it seems.   <div>Please enable Javascript to watch this video</div> Recommended For You Please follow SAI on Twitter and Facebook. Follow Jay Yarow on Twitter. Ask Jay A Question » Tags: Marissa Mayer, Yahoo | Get Alerts for these topics » Advertisement: Short URL Share: Twitter Facebook Digg StumbleUpon Reddit LinkedIn Google+ Email More about embedding posts » Embed More about Alerts » Alerts Newsletter To embed this post, copy the code below and paste into your website or blog. 600px wide (preview) <iframe src="http://www.businessinsider.com/embed?id=5085bedbecad04bb3200000a&amp;width=600&amp;height=430" width="600" height="430" border="0" frameborder="0"></iframe> 400px wide (preview) <iframe src="http://www.businessinsider.com/embed?id=5085bedbecad04bb3200000a&amp;width=400&amp;height=430" width="400" height="430" border="0" frameborder="0"></iframe> 300px wide (preview) <iframe src="http://www.businessinsider.com/embed?id=5085bedbecad04bb3200000a&amp;width=300&amp;height=430" width="300" height="430" border="0" frameborder="0"></iframe> Blackboard Home » Marissa Ann Mayer Summary Marissa Ann Mayer became the CEO of Yahoo on July 17, 2012. She was previously the vice president of geographic and local services at the search engine company Google. She acted as a gatekeeper for their product release... More » Yahoo Summary Yahoo! is an American public corporation that provides Internet services worldwide. The website was founded by David Filo and Jerry Yang, Ph.D., candidates in Electrical Engineering at Stanford University, in February 1994... More » Jay Yarow is a Senior Editor at The Business Insider Contact: e-mail: jyarow@businessinsider.com Work Phone: 646-376-6037 Subscribe to his RSS feed | twitter feed View his Google+ profile Ask Jay a Question Recent Posts CHART OF THE DAY: This Is T... Google Is Planning To Build... Yahoo Has Submitted A Bid T... Comments on this post are now closed. The Water Cooler Insiders 0   All Comments 8   Apply To Be An "Insider" » Loading Apply To Be An "Insider" » Marissa Mayer: We Will Buy Companies That Cost Tens Of Millions, Or Low Hundreds Of Millions Marissa Mayer: We Will Buy Companies That Cost Tens Of Millions, Or Low Hundreds Of Millions She's not going big game hunting. Welcome, ! You are logged into Facebook Social: | Your Activity | These articles have been shared on your timeline. You can remove them here: Options Notify me when a story is shared. Yes No Welcome, ! You are logged in with Google Social: | Your Activity | These articles have been added to your Google activity log. You can remove them here: Options Notify me when a story is shared. Yes No Send Us A Tip! 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Comcast To Acquire PowerCloud Systems - Business Insider Enterprise BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All × From To You have successfully emailed the post. Comcast Just Spent Millions To Connect Everything In Your Home To The Internet Eugene Kim Jul. 14, 2014, 7:54 PM 5,925 2 facebook linkedin twitter email print Reuters See Also Microsoft buys a tiny Italian startup to boost one of its biggest bets This guy helped Yahoo and Apple grow like crazy — now he's raised $7 million to solve a big problem Britney Spears hasn't been in control of her career or personal life for more than 8 years Comcast has agreed to acquire PowerCloud Systems, a WiFi-monitoring and analytics service provider, according to TechCrunch. The exact terms of the deal were not disclosed, but TechCrunch says the deal was under $50 million. Launched in 2008 as a spinoff from Xerox’s Palo Alto Research Center (PARC), PowerCloud Systems specializes in WiFi management systems control. Its enterprise product CloudCommand VC allows companies to manage and control their Internet connections, while its consumer product Skydog does the same thing for the home. For example, you can remotely control the number of users in your network and set the bandwidth limit for each device, on a centralized cloud platform. TechCrunch said the deal was “mainly an acquihire,” meaning that Comcast mainly bought the company to recruit its workforce. However, TechCrunch did say that Comcast plans on leveraging PowerCloud’s technology to build what it calls a bigger “smart internet” strategy.  “It’s all around smart internet,” Tyson Marian, who works in Strategic Development at Comcast, told VentureBeat when asked about the deal. “So you can connect new devices and manage your devices on a home network with heavy security.”  With more and more devices being connected to a centralized network, it’s not hard to see why Comcast is investing in this area.  More: Comcast Internet of Things facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 0 All Comments 2 Apply To Be An "Insider" » Loading Comcast Just Spent Millions To Connect Everything In Your Home To The Internet Comcast Just Spent Millions To Connect Everything In Your Home To The Internet Comcast has agreed to acquire PowerCloud... Recommended For You Featured Neil deGrasse Tyson and Al Gore on the future of our planet — and everything else More "Innovators" » My husband and I are business partners who just had our first child — here's how we make it work More "What Matters" » Get Enterprise Emails & Alerts Sign-Up Learn More » Enterprise Select More Featured Business Insider Select Tech Select Tech Chart Of The Day Markets Chart Of The Day 10 Things Before the Opening Bell Instant MBA Business Insider Events BI Intelligence Daily Finance Finance Select Markets Select Monday Scouting Report Your Money Select Financial Advisor Insights Smart Investor CFO Insider Finance Insider Wealth Advisor Select Strategy Strategy Select Advertising Select Retail Select Careers Select 10 Things You Need To Know In Advertising Politics Politics Select Military Select Life Life Select Transportation Select Education Select Entertainment Select Breaking News Tech Enterprise Select Science Select Mobile Chart Of The Day E-Commerce Chart Of The Day Payments Chart Of The Day Digital Media Chart Of The Day IoT Chart of the Day Fintech Briefing Charts of the Day Sports Chart Of The Day Top 10 Things 10 Things In Tech You Need To Know Closing Bell Sports Sports Latest Research Our 25 Top Tech Predictions The Payments Ecosystem Report The Fintech Ecosystem Report The Internet of Things Report Read Business Insider On The Go Available for iPhone, iPad, and Android Find A Job Tech Jobs C-Level Jobs Media Jobs Design Jobs Finance Jobs Sales Jobs See All Jobs » Thanks to our partners * Copyright © 2016 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Stock quotes by finanzen.net Made in NYC International Editions: UKDEAUSIDINMYSG

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Block, Formerly Square, Completes Acquisition of Afterpay Jump to Main content Search Account Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Subscribe Business The word Business Life The word Life News The word News Reviews The word Reviews Business Tech Finance Markets Strategy Retail Advertising Healthcare Premium Life Entertainment Culture Travel Food Health Parenting Beauty Style News Politics Military & Defense Sports Opinion Reviews Tech Streaming Home Kitchen Style Beauty Gifts Deals Pets Parenting Coupons Health Learning Hobbies & Crafts Travel All A-Z Advertising Business Careers Coupons DoorDash Walmart Dell Staples Under Armour Culture Design Entertainment Executive Lifestyle Finance Food Health Healthcare Intelligence Latest Life Markets Insider Media Military & Defense News Opinion People Personal Finance Banking Credit Cards Insurance Investing Loans Mortgages Politics Premium Retail Reviews Science Sports Strategy Tech Transportation Travel TV Beauty Explorers Best in Town Bonkers Closets Festival Foodies Movies Insider Pop Culture Decoded The Making Of The Ultimate List Featured Talent Insider About About Advertise Careers Code of Ethics Contact Us Corporate Corrections Policy Follow RSS Sitemap Facebook Twitter Instagram YouTube LinkedIn Subscriptions Intelligence Premium US Markets Loading... H M S In the news Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Subscribe Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Finance Acquisition completed, Block makes Afterpay available to sellers Adriana Nunez 2022-02-02T14:34:17Z Save Article Icon A bookmark Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Share icon An curved arrow pointing right. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Link icon An image of a chain link. It symobilizes a website link url. Copy Link Download the app Redeem now Block, formerly Square, closes its acquisition of Afterpay, making the buy now, pay later services available to online merchants in Australia and the US. Afterpay now has a distribution opportunity, to take advantage of Block's lucrative global merchant base. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Payments and Commerce industry. Learn more about becoming a client. Get a daily newsletter packed with financial services data, insights, and analysis from the Insider Intelligence team. Sign up for the Banking & Payments Newsletter Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app Email address By clicking ‘Sign up’, you agree to be contacted by Insider Inc. and receive emails from Insider Intelligence and eMarketer (e.g. FYIs, partner content, webinars, and other offers) and accept our Terms of Service and Privacy Policy. You can opt-out at any time. The news: Block (formerly Square) completed its acquisition of Australia-based buy now, pay later (BNPL) firm Afterpay and made it available to its online merchants in Australia and the US, per a press release. There will be over 45 million BNPL service users this year. Insider Intelligence Merchants can accept Afterpay free of charge until May 10. Block said it will make Afterpay available for in-store purchases and on its developer platform in the coming weeks.The opportunities: The deal provides competitive advantages for both Block and Afterpay.Block can use Afterpay to increase merchant loyalty and boost sales volume.BNPL adoption is rising: The number of US BNPL users is expected to grow 31.4% year over year (YoY) in 2022, per our forecasts. Offering BNPL to the growing pool of consumers who want it is becoming more important to merchants, in part because it helps limit cart abandonment and increases conversions: BNPL can juice retail conversion rates by 20% to 30% and average ticket sizes by 30% to 50%, according to estimates by RBC Capital Markets.Offering Afterpay not only helps Block generate more revenues, but it also increases its value proposition to merchants. This might be especially true for small businesses—which make up a large part of Square's seller base—that may otherwise not be able to afford to work with major BNPL providers.Bundling Afterpay into its merchant services can also help Block stay ahead in the in-store space, where competition is growing more intense: For instance, PayPal is becoming a bigger threat to Block as it expands Zettle, its small-business-centric point-of-sale (POS) solution.Afterpay can capitalize on Block's reach.Being acquired by Block gives Afterpay a distribution opportunity: The BNPL provider can take advantage of Block's lucrative global merchant base, which in Q3 generated $41.7 billion in gross payment volume. Afterpay processed less than half of that ($22.4 billion) from underlying sales volume in its fiscal 2021.This also gives Afterpay a more diverse array of merchant partners. It already works with several large name brands, but now smaller businesses will also use its services. And unlike its deals with large brands, Afterpay likely won't face the same competitive pressures with smaller merchants. Many large companies like Target work with several BNPL providers, making it harder to capture sales.The bigger picture: Block has undergone changes in the last few months that reflect efforts to diversify its business.In early December, the company changed its name to Block to position itself in the burgeoning cryptocurrency space. And CEO Jack Dorsey (an avid crypto supporter), resigned from his Twitter post, which means he may increase his involvement in Block. Several products are currently in the works at the firm, including a Bitcoin hardware wallet and Bitcoin mining system.Block may decide to bring cryptos into its seller ecosystem, potentially by enabling it as a payment method at the point-of-sale, like what PayPal is doing. This could give Afterpay a digital currency opportunity that offers its own competitive advantages as players like Affirm plan to move into the sector as well.Want to read more stories like this one? Here's how you can gain access:Join other Insider Intelligence clients who receive Payments & Commerce forecasts, briefings, charts, and research reports to their inboxes each day. >> Become a ClientExplore related topics more in depth. >> Browse Our CoverageCurrent subscribers can access the entire Insider Intelligence content archive here. Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications Read next BI Intelligence BI Intelligence Content Marketing Financial Services News More... Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Follow us on: * Copyright © 2023 Insider Inc. All rights reserved. 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The Company Bill Ackman Is Teaming Up To Acquire Just Slapped Him In The Face http://www.businessinsider.com/the-company-bill-ackman-is-teaming-up-to-acquire-just-slapped-him-in-the-face-2014-4/comments en-us Wed, 31 Dec 1969 19:00:00 -0500 Thu, 30 Jun 2016 08:13:08 -0400 Linette Lopez http://www.businessinsider.com/c/535fc28cecad042d36741150 andasd Tue, 29 Apr 2014 11:17:32 -0400 http://www.businessinsider.com/c/535fc28cecad042d36741150 Ackman is a classic case of what has gone wrong with companies in this country. All focused on short term lining of Wall Street's pockets, and f*** everyone else.

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Amazon Acquires IVONA Software To Make Its Own Siri http://www.businessinsider.com/amazon-acquires-ivona-software-to-make-its-own-siri-2013-1/comments en-us Wed, 31 Dec 1969 19:00:00 -0500 Tue, 31 May 2016 14:46:35 -0400 Alyson Shontell http://www.businessinsider.com/c/51017b94eab8eaf13b000017 reason Thu, 24 Jan 2013 13:21:08 -0500 http://www.businessinsider.com/c/51017b94eab8eaf13b000017 Didn't this actually happen a while ago .. why the announcement now? <a href="http://speechtechnologygroup.blogspot.com/2012/07/theres-no-room-for-amazoncom-in.html" target="_blank" rel="nofollow" >http://speechtechnologygroup.blogspot.com/2012/07/theres-no-room-for-amazoncom-in.html</a> http://www.businessinsider.com/c/510171296bb3f73d2b00001b JHarris4 Thu, 24 Jan 2013 12:36:41 -0500 http://www.businessinsider.com/c/510171296bb3f73d2b00001b No way iSpeech isn't better than these guys. http://www.businessinsider.com/c/510146036bb3f75e5600001e texxs Thu, 24 Jan 2013 09:32:35 -0500 http://www.businessinsider.com/c/510146036bb3f75e5600001e Personaly I think Amazon should making their existing product work before doing something so ambitious as this. The only thing they have that functions well is their website and have you seen it? The 1990's called, they want their big ugly buttons back! Why is the description at the bottom of the page? etc. etc.

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Hasbro in Talks to Acquire DreamWorks Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. 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H M S In the news Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Subscribe Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Markets REPORTS: Hasbro Is In Talks To Acquire DreamWorks Animation Myles Udland 2014-11-13T02:29:00Z Save Article Icon A bookmark Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Share icon An curved arrow pointing right. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Link icon An image of a chain link. It symobilizes a website link url. Copy Link Download the app DreamWorks CEO Jeffrey Katzenberg. Getty Images / Larry Busacca Hasbro is in talks to acquire DreamWorks Animation, according to a report from Deadline.com. Deadline reports that DreamWorks and Hasbro are in talks to create a combined family entertainment company that would be called DreamWorks-Hasbro, and says the deal is at least 60 days away from being finalized.DreamWorks currently has a market cap of about $1.9 billion and is the studio responsible for producing animated films including, "Shrek", "Madagascar", and "How to Train Your Dragon."Deadline's report said DreamWorks CEO Jeffrey Katzenberg is looking for Hasbro to pay $35 a share for the company, which would be more than a 50% from the $22.37 that DreamWorks shares closed at on Wednesday.The New York Times, citing a person briefed on the matter, is also reporting that Hasbro and DreamWorks are in talks regarding a deal. That report said only that Katzenberg is seeking a deal worth more than $30 a share.  These reports come about six weeks after The Wall Street Journal reported that Japanese conglomerate SoftBank was in talks to acquire DreamWorks, though the Journal later reported that these talks cooled for reasons that weren't known at the time. The Times' report on Wednesday also said it isn't clear why those talks broke down.Deadline also reported that in a separate deal, DreamWorks is looking to form a joint venture with The Hearst Corporation involving its AwesomenessTV arm. DreamWorks acquired AwesomenessTV for more than $100 million in May 2013. AwesomenessTV operates a network of YouTube channels.  Deadline broke the news after 8:00 pm ET, which is when stocks no longer trade in the after hours, but shares of DreamWorks are likely to rise sharply on Thursday following the news. You can read Deadline's report here, and The New York Times report here.  Sign up for notifications from Insider! 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Gawker Acquires Guanabee - Business Insider Tech BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All Continue to Business Insider » You will be redirected in seconds. × From To You have successfully emailed the post. And Now Nick Denton Will Rule The World Alyson Shontell Dec. 3, 2012, 5:53 PM 11,240 4 facebook linkedin twitter email print Michael SetoNick Denton, founder and CEO of GawkerGawker Media, the online-publishing network behind Deadspin and Gizmodo, is making aggressive moves to grow its international business, according to its CEO and founder, Nick Denton. It recently acquired a small site similar to Gawker but focused on the U.S. Hispanic market called Guanabee. Guanabee Media's founder, Daniel Mauser, is already working for Gawker and he'll be running Gizmodo en Español. The goal is to take international revenues from 5% to 20% of the company's total in the next five years. Gizmodo, a site focused on gadgets and tech culture, is Gawker's most popular site, with 9 million monthly unique visitors and 100 million pageviews. About one-third of its traffic is international. In addition, Gawker is launching a native-language site in Hungary, where it has the bulk of its engineering operation. It's also hiring producers for the Budapest office and Denton says he's close to a deal in India with a local partner to expand Gawker's presence there. Gawker has previously relied on partners who have syndicated or translated Gawker content and sold ads locally, like NetMediaEurope and Australia's Allure Media. Denton says the goal of the Guanabee acquisition was to accelerate growth in Latin America and obtain the services of Mauser. Guanabee and Gawker have been longtime advertising partners. Denton didn't say the terms of the deal, only that it wasn't "financially material" to Gawker. Gawker's only previous acquisition, the 2010 deal to buy a New York-focused site, Cityfile, was disappointing. Its founder, Remy Stern, served as Gawker.com's editor-in-chief until he left in late 2011. Cityfile is not active today. But rather than bolster Gawker's New York cred, Denton is chasing what he feels is a big growth opportunity abroad. "About one-third of our traffic is international—and with those sites operated by our partners, that would rise closer to a half," says Denton. 'We see quite a bit of growth coming from international—I'd expect it would quadruple as proportion of total." Gawker Media has 180 employees, 40 whom are international. The network has about 35 million monthly unique visitors and serves up 560 million monthly pageviews. Gawker is the high-brow gossip sheet covering media, entertainment, politics and technology. More: Nick Denton Gawker Acquisition facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. 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Apple's potential M&A candidates - $AAPL - Business Insider Business Insider logo The words "Business Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Loading Something is loading. Loading... Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Business Insider logo The words "Business Insider". Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. BI Prime Intelligence Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Subscribe Subscribe Business The word Business Life The word Life News The word News Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. 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It indicates a way to close an interaction, or dismiss a notification. Good Subscriber Account active since Edit my Account Free subscriber-exclusive audiobook! “No Rules Rules: Netflix and the Culture of Reinvention” Get it now on Libro.fm using the button below. Redeem your free audiobook Premium Articles Upgrade Membership Email Preferences My Subscription FAQs Logout DOW S&P 500 NASDAQ 100 Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE Subscribe Subscribe Premium Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Tech There is a 40% chance Apple will acquire Netflix, according to Citi Jim Edwards 2018-01-01T08:47:44Z Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Link icon An image of a chain link. It symobilizes a website link url. Twitter icon A stylized bird with an open mouth, tweeting. LinkedIn icon The word "in". Fliboard icon A stylized letter F. More icon Three evenly spaced dots forming an ellipsis: "...". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Apple CEO Tim Cook and Netflix CEO Reed Hastings. Getty / BI illustration This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Citi analysts say that there is a 40% likelihood of Apple acquiring Netflix.Apple will be able to repatriate about $220 billion in cash to the US under the Trump tax cut.The company would need only one-third of that to snap up Netflix.There is a 40% likelihood that Apple will acquire Netflix now that US President Trump's corporate tax cut has been passed, according to Citi analysts Jim Suva and Asiya Merchant. The cut in corporate taxes, along with a one-time allowance for companies to repatriate cash stored overseas without a major tax hit, will give Apple a much larger cash warchest to buy new companies. Apple has about $252 billion in cash, much of it in foreign jurisdictions, which previously it was unable to bring back to the US.Suva and Merchant ranked potential Apple M&A targets in a note to clients sent in December. They mark Netflix as the company Apple would be most likely to buyThe note was written before Disney's acquisition of Fox's studio and TV assets. But prior to that event, Citi gave an Apple-Disney tie-up a 20-30% chance.Apple has for years struggled to offer a compelling TV or movie offering. iTunes has been a huge hit for the company, but viewers have migrated increasingly to services like Netflix, Amazon or Hulu to watch their favourite shows.Apple has recently dipped a toe into content creation: Jennifer Aniston and Reese Witherspoon will be in Apple's first scripted video series. But making hit movies is a very different skill-set from making the iPhones they are viewed on, so there is some logic to the idea that Apple might want to own Netflix in the future."The firm has too much cash – nearly $250 billion – growing at $50 billion a year. This is a good problem to have," Suva and Merchant told clients. "Historically, Apple has avoided repatriating cash to the US to avoid high taxation. As such, tax reform may allow Apple to put this cash to use. With over 90% of its cash sitting overseas, a one-time 10% repatriation tax would give Apple $220 billion for M&A or buybacks."Apple would need only a third of that cash to buy Netflix, the pair say. Disclosure: Mathias Döpfner, CEO of Business Insider's parent company, Axel Springer, is a Netflix board member. Was this article valuable for you? Valuable Not valuable Additional comments Receive a selection of our best stories daily based on your reading preferences. Submit Newsletter Your morning cheat sheet to get you caught up on what you need to know in tech. Sign up to 10 Things in Tech You Need to Know Today. Loading Something is loading. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Business Insider as well as other partner offers and accept our Terms of Service and Privacy Policy. 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Crocs Bought Hey Dude Amid Wall Street Doubts but Teens Love the Brand Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. 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H M S In the news Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Subscribe Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Retail Crocs bought a little-known Italian shoe brand. Wall Street doubted it, but teens have been quietly obsessed with it for years. Avery Hartmans 2022-04-09T10:50:00Z Save Article Icon A bookmark Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Share icon An curved arrow pointing right. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Link icon An image of a chain link. It symobilizes a website link url. Copy Link Download the app David Silverman/Getty Images Redeem now When Crocs announced in December it was buying shoe brand Hey Dude, shares slumped 12%. But the brand — known for its comfortable, lightweight shoes — has legions of diehard fans. The latest Piper Sandler Gen Z survey found its one of teens' top 10 favorite shoe companies. Sign up for our newsletter to receive our top stories based on your reading preferences — delivered daily to your inbox. Loading Something is loading. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy. When Crocs announced in December it was buying Hey Dude, Wall Street had doubts. The stock immediately plunged 12% as investors questioned why Crocs was dropping $2.5 billion on a little-known Italian shoe company. But Crocs perhaps knew something investors didn't: Hey Dude, a brand known for its comfortable, lightweight shoes that arrive in biodegradable packaging, has been quietly amassing legions of Gen Z fans. According to Piper Sandler's latest biannual survey of US teens, Hey Dude ranked among teens' top 10 favorite shoe brands for the second survey in a row. Back in 2019, Hey Dude ranked 54th among the teens surveyed — by 2020, it had jumped to 17th. In December, Piper Sandler called Hey Dude one of the fastest-rising brands it tracks, according to CNBC. Crocs CEO Andrew Rees told CNBC at the time that buying Hey Dude was a way to "add another brand, which has its own icon," rather than diversify away from Crocs' ubiquitous clog. The Hey Dude acquisition closed in February, and Crocs said then that it expects the brand will bring in roughly $750 million in revenue in 2022. Crocs plans to build Hey Dude into a $1 billion brand by 2024 by expanding its US distribution, expanding its global customer base, and adding new products to its lineup, the company said in an investor presentation.In January, UBS analysts wrote that Crocs' 2022 outlook should boost investor sentiment, since "it should show the market CROX is not buying Hey Dude because its core Crocs business is slowing." So, what makes Hey Dude so popular? Hey Dude, founded in 2008 by Alessandro Rosano, began with a single style, a slip-on shoe called the Wally.  Hey Dude's fans say its shoes are lightweight, supportive, and comfortable — much like Crocs — and made with sustainability in mind. The shoes are made using recycled cork, plastic, and leather, and they're sent to customers in packaging made from cornstarch.Hey Dudes are sold online and at national retailers like Journey's and Buckle. The Wally and the women's alternative, the Wendy, costs $60 while the brand's more expensive boot styles cost between $80 and $90. It seems as though part of the brand's popularity can be attributed to TikTok — the platform is home to hundreds of videos customers showing off their collections of Hey Dudes. @alondrardz_ After so long 😩 #fypシ #foryoupage #heydudeshoes ♬ i hate u slowed - xxtristanxo  "Love these! 10/10 recommend," a user with the handle @sttepphhyy posted about their new Hey Dudes. Another user, @naidelyy09, called Hey Dudes "the most comfortable shoes I've ever worn." Some fans have shared videos of their bridal and groomsmen parties wearing Hey Dude shoes at their wedding, while others have started customizing the upper part of the shoe with leather patches or brand logos.  @bellesandshotgunshells #crownroyal #crownheydudes #heydudeshoes #heydude #custom #customheydudes #smallbusiness #PonderWithZion #MAKEYOURMOVE #fyp #boutique ♬ Touch Down - MUFF🫐 Many of the videos are tagged with US states like Florida or Texas, which makes sense: Crocs' Rees told CNBC in December that 95% of the company's sales are within the US and that the "nucleus" of Hey Dude's popularity is in the Midwest and the South."It has not spread to the coast as much as some other companies would and that's our opportunity," he said. "We think it has far more potential both here in the US and also globally."  Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications Read next NOW WATCH: How Toms went from a $625 million company to being taken over by its creditors Crocs Hey Dude Shoes More... Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Recommended Video Follow us on: * Copyright © 2022 Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy . Contact Us Sitemap Disclaimer Accessibility Commerce Policy Advertising Policies CA Privacy Rights Coupons Made in NYC Jobs @ Insider Stock quotes by finanzen.net Reprints & Permissions International Editions: United States US International INTL Asia AS Deutschland & Österreich AT Deutschland DE España ES India IN Japan JP México MX Netherlands NL Polska PL South Africa ZA

M&A

DIGITAL MEDIA Insider: More on GoPro IPO — Undertone Acquires Upfront Media — Opera to Buy AdColony Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Subscribe Subscribe Business The word Business Life The word Life News The word News Reviews The word Reviews Business Tech Finance Markets Strategy Retail Advertising Healthcare Intelligence Life Entertainment Culture Travel Food Health Parenting Beauty Style News Politics Military & Defense Sports Opinion Reviews Tech Streaming Home Kitchen Style Beauty Gifts Deals Pets Parenting Coupons Health Learning Hobbies & Crafts Travel All A-Z Advertising Business Careers Coupons DoorDash Walmart Dell Staples Under Armour Culture Design Entertainment Executive Lifestyle Finance Food Health Healthcare Intelligence Latest Life Markets Insider Media Military & Defense News Opinion People Personal Finance Banking Credit Cards Insurance Investing Loans Mortgages Politics Premium Retail Reviews Science Sports Strategy Tech Transportation Travel TV Beauty Explorers Best in Town Bonkers Closets Festival Foodies Movies Insider Pop Culture Decoded The Making Of The Ultimate List Featured Better Capitalism Cities Connected Insider TV Master Your Money Next Stop Sustainable Finance Transforming Business About About Advertise Careers Contact Us Corporate Corrections Policy Follow RSS Sitemap Facebook Twitter Instagram YouTube LinkedIn Subscriptions Intelligence Premium US Markets Loading... H M S In the news Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Subscribe Subscribe Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Insider Intelligence DIGITAL MEDIA INSIDER: More On GoPro IPO — Undertone Acquires Upfront Media — Opera To Buy AdColony Mark Hoelzel 2014-06-12T12:15:00Z Save Article Icon A bookmark Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Share icon An curved arrow pointing right. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link. It symobilizes a website link url. Copy Link Download the app Digital Media Insider is delivered exclusively to BI Intelligence members.MORE ON GO PRO IPO: GoPro, the maker of a hugely popular ruggedized camera used by athletes and outdoor enthusiasts, expects that its recently announced initial public offering (IPO) will fetch between $21 and $24 per share, placing the company's value at up to $3 billion, according to Reuters. The camera maker has achieved consistently strong annual revenue growth, reaching nearly $1 billion in revenue in 2013, on growth of more than 87%, up from $526 million in revenue the previous year (see chart below). GoPro shipped more than 3.8 million units in 2013, up 66% from 2.3 million in 2012.But GoPro's performance in the first quarter of 2014 showed some weakness. Revenue was down by nearly 8%, to $236 million, and shipments slipped by over 10% to 852,000, compared to the same period the previous year.AD NETWORK UNDERTONE ACQUIRES PROGRAMMATIC PLATFORM UPFRONT MEDIA: Undertone, a digital ad network, has acquired the programmatic buying platform Upfront Media, according to AdAge. Undertone plans to use Upfront Media's programmatic technology to sell Undertone's premium ad inventory. Undertone believes that its new programmatic capacity will supplement its existing salesforce, rather then replace it. "It's about plugging programmatic capabilities into what we do and using it to accelerate our plan of bringing those high impact formats to market in a programmatic matter," Undertone co-Founder Eric Franchi said.Programmatic buying platforms like Upfront Media, which automate the ad buying process, have fundamentally reshaped the entire digital marketing industry . Advertisers have rapidly shifted their digital ad spending to programmatic platforms. As a result, many ad platforms have rushed to adopt programmatic tools, including real-time bidding, ad exchanges, and advanced analytics. OPERA IN TALKS TO BUY ADCOLONY: Opera Software, the Norway-based maker of the Opera web browser, is in talks to buy the mobile-focused video advertising company AdColony, according to TechCrunch. Both companies declined to comment on the acquisition talks, but the deal is believed to be worth up to $275 million. AdColony has benefited from the explosive growth of mobile and digital video ads. The company reported a gross revenue run rate of $100 million at the start of the year. Opera will likely use AdColony's video ad technology to expand its existing ad network. UNCERTAINTY FOLLOWING PAYPAL CEO DEPARTURE FOR FACEBOOK: PayPal president David Marcus' surprise departure for Facebook, announced late Monday, rocked the global payments industry. Marcus has been aggressively heading up PayPal's push into mobile wallets, and people are still trying to understand what the change in leadership means for the company. Marcus will be heading up Facebook's messaging products, which have so far failed to monetize (though Facebook confirms Marcus will not oversee WhatsApp). Sources close to the mobile messaging scene tell us they see Marcus' move as another attempt by Facebook to build a payments/commerce product, this time centered around messaging.INSTAGRAM BRINGS ADS TO UK, CANADA, AND AUSTRALIA: Last November, Facebook-owned Instagram began incorporating ads into its mobile photo-sharing platform. Today, the company has expanded this ad program to include the U.K., Canada, and Australia. With 200 million users worldwide, and only 34.9 million of those in the U.S., expanding its ad product internationally gives the company a much bigger opportunity to generate significant ad revenue. Earlier this year, during the Facebook earnings call, Mark Zuckerberg said of paid products on Instagram, "We're still trying to learn what the right way to approach that product is, and we're going to move slowly because we think that's the right thing to do for Instagram." Much like in the U.S., Instagram may introduce ads in these new markets but only sprinkle them into the feed lightly. About 59% of Facebook's advertising revenue comes from mobile ads, and even if Facebook still only offers limited Instagram ad inventory, the social network can still use the photo-sharing app to expand mobile's share of revenues even further.LINE TO GET TARGETED ADS: Over-the-top messaging app LINE has formed a partnership with Salesforce to integrate targeted ads into its messaging platform. Nikkei reports on what this partnership will offer to Salesforce clients: "The service will allows the client firms to send targeted ads based on a Line user's sex, age group and other characteristics." Currently LINE has over 100 companies using it as an ad platform. With speculation that LINE will soon go public, the company is likely trying to capitalize on any and all possible revenue streams. Up until now, the service could only send mass ads. As we've reported, in the third quarter of 2013, LINE brought in $32 million in revenue for both ad and paid official accounts. With more personalized ad offerings, we expect to see this slice of revenue grow even further.BII Mobile reporter Cale Guthrie Weissman contributed to this briefing.Here's what else BI Intelligence subscribers are reading …Mobile And Social Are Gaining As Channels For Viewing Sports ContentU.S. AD MARKET FORECAST: Mobile Will Grow Faster Than Any Other Medium As Digital Catches Up To TVVideo Game Consoles: Still The Most Popular Streaming Devices For TVs Sign up for notifications from Insider! Stay up to date with what you want to know. 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Bleacher Report To Be Sold For $200 Million -- Report - Business Insider Tech BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All × From To You have successfully emailed the post. Four High School Friends May Be Celebrating Their Startup's ~ $200 Million Acquisition Today Alyson Shontell Aug. 6, 2012, 10:31 AM 9,011 2 facebook linkedin twitter email print Bleacher Report, one of the largest sports sites on the web, has been acquired by Turner Media, AllThingsD's Peter Kafka reports. The two have been in talks for a few months now. In April we reported that Turner looked at Bleacher Report and walked away. In June, AllThingsD reported a $200 million acquisition between the two was likely. AllThingsD says the deal was finished on Friday and will be announced today. A Sports Business Journal reporter, Eric Fisher, tweeted that the deal was closer to $175 million. Bloomberg reports the acquisition price is also under $200 million. Bleacher Report was founded by four high school friends and life-long sports fans in 2006, Bryan Goldberg, Dave Finocchio, Zander Freund and Dave Nemetz. Three are still at the company in VP roles; Freund left in 2009. But Brian Grey, Bleacher Report's CEO, is really behind this acquisition. He joined Bleacher Report from Fox Sports Interactive and was formerly GM of Yahoo! Sports. Drew Atherton is Bleacher Report's CFO and Rich Calacci is its CRO. According to ComScore, Bleacher Report has about 9 million monthly uniques. Other sources have reported between 22 and 25 million visitors per month and 550 million pageviews. While the traffic sounds a little low for a $200 million sale, its revenues are impressive. A source told us Bleacher Report was on track to generate $30-40 million this year. In addition, Turner may be looking to fill the sports void from SI.com*, Kafka points out. It recently gave up control of the property to Time Inc. *Update: We originally wrote that Turner recently gave up control of both SI.com and PGA.com to Time Inc. Only SI.com went back to Time Inc. Turner still manages PGA.com;  The PGA Tour took over its own site. More: Turner BleacherReport facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 0 All Comments 2 Apply To Be An "Insider" » Loading Four High School Friends May Be Celebrating Their Startup's ~ $200 Million Acquisition Today Four High School Friends May Be Celebrating Their Startup's ~ $200 Million Acquisition Today It looks like the Turner/Bleacher Report deal is complete and will be announced today. Recommended For You Featured Neil deGrasse Tyson and Al Gore on the future of our planet — and everything else More "Innovators" » My husband and I are business partners who just had our first child — here's how we make it work More "What Matters" » Get Tech Emails & Alerts Sign-Up Learn More » Tech Select Tech Chart Of The Day Business Insider Select 10 Things In Tech You Need To Know Mobile Insights BII Mobile Insights More Featured Business Insider Select Tech Select Tech Chart Of The Day Markets Chart Of The Day 10 Things Before the Opening Bell Instant MBA Business Insider Events BI Intelligence Daily Finance Finance Select Markets Select Monday Scouting Report Your Money Select Financial Advisor Insights Smart Investor CFO Insider Finance Insider Wealth Advisor Select Strategy Strategy Select Advertising Select Retail Select Careers Select 10 Things You Need To Know In Advertising Politics Politics Select Military Select Life Life Select Transportation Select Education Select Entertainment Select Breaking News Tech Enterprise Select Science Select Mobile Chart Of The Day E-Commerce Chart Of The Day Payments Chart Of The Day Digital Media Chart Of The Day IoT Chart of the Day Fintech Briefing Charts of the Day Sports Chart Of The Day Top 10 Things 10 Things In Tech You Need To Know Closing Bell Sports Sports Latest Research Our 25 Top Tech Predictions The Payments Ecosystem Report The Fintech Ecosystem Report The Internet of Things Report Read Business Insider On The Go Available for iPhone, iPad, and Android Find A Job Tech Jobs C-Level Jobs Media Jobs Design Jobs Finance Jobs Sales Jobs See All Jobs » Thanks to our partners * Copyright © 2016 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Stock quotes by finanzen.net Made in NYC International Editions: UKDEAUSIDINMYSG

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Summly's 17-Year-Old Founder Has A Girlfriend, And Here's What She Thinks Of His $30 Million Acquisition - Business Insider Tech BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All × From To You have successfully emailed the post. Here's What The Girlfriend Of Summly's 17-Year-Old Founder Thinks Of His $30 Million Acquisition Alyson Shontell Mar. 26, 2013, 10:18 AM 25,656 7 facebook linkedin twitter email print Nick D'Aloisio via TwitterNick D'Aloisio, founder of SummlyIt's a great week to be Nick D'Aloisio, the high school wunderkind who just sold his startup Summly to Yahoo for $30 million. Like most high school students, he still lives at home, has a curfew and gets nagged to clean his room. He tells NY Post he'll be commuting from his parents' house to his first-ever job in two weeks when he begins at Yahoo. D'Aloisio also has a girlfriend. What does she think of the acquisition? She is "very excited," D'Aloisio tells NY Post. Understandably so. The pair have been dating for 10 months. D'Aloisio says spending time with her is a favorite pastime, along with playing sports and designing things.  More: Summly Founder Yahoo facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 0 All Comments 7 Apply To Be An "Insider" » Loading Here's What The Girlfriend Of Summly's 17-Year-Old Founder Thinks Of His $30 Million Acquisition Here's What The Girlfriend Of Summly's 17-Year-Old Founder Thinks Of His $30 Million Acquisition They've been dating for 10 months. She is "very excited." Recommended For You Featured Neil deGrasse Tyson and Al Gore on the future of our planet — and everything else More "Innovators" » My husband and I are business partners who just had our first child — here's how we make it work More "What Matters" » Get Tech Emails & Alerts Sign-Up Learn More » Tech Select Tech Chart Of The Day Business Insider Select 10 Things In Tech You Need To Know Mobile Insights BII Mobile Insights More Featured Business Insider Select Tech Select Tech Chart Of The Day Markets Chart Of The Day 10 Things Before the Opening Bell Instant MBA Business Insider Events BI Intelligence Daily Finance Finance Select Markets Select Monday Scouting Report Your Money Select Financial Advisor Insights Smart Investor CFO Insider Finance Insider Wealth Advisor Select Strategy Strategy Select Advertising Select Retail Select Careers Select 10 Things You Need To Know In Advertising Politics Politics Select Military Select Life Life Select Transportation Select Education Select Entertainment Select Breaking News Tech Enterprise Select Science Select Mobile Chart Of The Day E-Commerce Chart Of The Day Payments Chart Of The Day Digital Media Chart Of The Day IoT Chart of the Day Fintech Briefing Charts of the Day Sports Chart Of The Day Top 10 Things 10 Things In Tech You Need To Know Closing Bell Sports Sports Latest Research Our 25 Top Tech Predictions The Payments Ecosystem Report The Fintech Ecosystem Report The Internet of Things Report Read Business Insider On The Go Available for iPhone, iPad, and Android Find A Job Tech Jobs C-Level Jobs Media Jobs Design Jobs Finance Jobs Sales Jobs See All Jobs » Thanks to our partners * Copyright © 2016 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Stock quotes by finanzen.net Made in NYC International Editions: UKDEAUSIDINMYSG

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Finance More: Wall Street Crime Hedge Funds Bear Stearns Legal Financial Crisis Scandals Insider Trading Fraud Why The Acquittal of Cioffi and Tannin Is Good For All Of Us John Carney Nov. 10, 2009, 4:08 PM 2,043 11 Email More Share on Tumblr Tweet Email Share on Tumblr The refusal of the jury in the trial of former Bear Stearns hedge fund managers Ralph Cioffi and Matthew Tannin to accept the government’s interpretation of their worries about the funds is good news for just about everyone.Cioffi and Tannin were accused of lying to their investors about the health of two mortgage-related funds that collapsed in 2007.  The case relied upon cherry picked statements by the two men that the government claimed demonstrated they knew the funds were in trouble even when they were telling investors that they were “comfortable” with the performance of the funds.But when taken in context, the evidence provided actually indicated that the men were engaged in an active and ongoing analysis of the shape of the market. They were evaluating different pieces of evidence from the market, some of which seemed to show that the market for mortgages was falling apart and some of which indicated that the markets were temporarily dislocated due to an investor panic over the popping of the real estate bubble.We want fund managers to feel free to express doubt about their strategies, to openly debate new evidence. This case threatened to have a chilling effect on internal debates over fund strategies.  Hopefully this acquittal will restore the confidence in fund managers that juries will not jump to the conclusion that the private expression of doubt equals fraud if it is not disclosed to investors.Unfortunately, our view on this may be too optimistic. The very threat of prosecution may be a deterrent enough for many, even if they think they would be acquitted in the end. The chilling effect of this misguided prosecution may not have been totally extinguished by today’s acquittal. 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Apply To Be An "Insider" » Insiders 0 All Comments 11 Loading Why The Acquittal of Cioffi and Tannin Is Good For All Of Us Why The Acquittal of Cioffi and Tannin Is Good For All Of Us The jury managed to see through the government's claim that doubt equals fraud. 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Data, Analytics Companies That Are Hot Acquisition Targets Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. 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H M S In the news Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Subscribe Subscribe Premium Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Advertising Digital ad firm Magnite just snapped up data company Nth Party. Here are 11 other firms that are hot acquisition targets as marketers race to figure out their consumers. Patrick Coffee 2022-01-05T16:17:31Z Save Article Icon A bookmark Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Share icon An curved arrow pointing right. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link. It symobilizes a website link url. Copy Link Download the app Vladimir Vladimorov This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Data and analytics companies are hot acquisition targets as marketers seek new ways to reach consumers. In the latest such deal, adtech firm Magnite acquired Nth Party, which helps advertisers use first-party data. Insider identified 11 other companies that are the most attractive to buyers. This article was originally published in October and has been updated.After a pandemic pause in M&A, advertising and tech deals more than doubled in value year-over-year in the first half of 2021, according to advisory firm Ciesco.Data is driving that trend as marketers scramble to find ways to reach consumers as ad-targeting cookies go away.In the latest such deal, adtech firm Magnite just acquired Nth Party, a startup that develops software to help advertisers use first-party data.Private equity firms, having newly discovered value in the advertising sector, are the most aggressive buyers, on their own or through PE-funded agencies like Jellyfish and Dept, said Bob Morris, founder of M&A advisory firm Bravery Group. Ad agency holding companies are also in the running.Three types of companies are in greatest demand, said Chris Karl, chief business development officer at M&A advisory firm JEGI Clarity: Consultancies that help companies manage their data; software firms that use algorithms to glean insights from data; and companies that do real-time consumer analysis."[Data and analytics] helps you understand what's working, and the faster that happens in media, the more effective you can be in investing your money," said Karl.Morris said deals for such companies could pick up as companies try to get out ahead of President Biden's proposed federal capital gains tax increases.Stagwell chief investment officer Jason Reid said the M&A flood would continue as long as marketers need better data tools, though. "Even as the cookie disappears, there are thousands of new ways to capture data," he said.M&A advisors, consultants, and agency executives named 11 companies, listed alphabetically, that they think are ripest for acquisition. (To be clear, they didn't say the firms were involved in any current sales talks.)The firms declined to comment or did not respond to requests for comment unless otherwise noted. Abaco Research What it does: Provides market research and data services to companies with operations in Brazil.Why buyers want it: To expand in Latin America and better understand its consumers and brands.São Paulo's Abaco Research is seen an attractive target, with its decades of experience in Brazil and ability to measure campaign performance and brand perception using analytics and tools like eye-tracking. The firm also specializes in B2B and pharmaceutical marketing.Agencies have increasingly focused on Latin America for M&A. WPP, Jellyfish, S4 Capital, and You & Mr. Jones have each acquired data firms there in 2021.Dan Khabie, co-founder of digital agency CourtAvenue, who made several acquisitions in Latin America while at WPP agency Mirum, said investor interest has moved there due to a regulatory crackdown by China. Firms in countries like Brazil, Colombia and Mexico share similar time zones, clients, and business practices with their US and EU counterparts, which eases the integration process, Khabie said.And, companies in Latin America may now be cheaper than India and China, Bob Morris said. Apply Digital What it does: Builds apps, websites, and other digital products using consumer data.Why buyers want it: To establish a stronger foothold in the data-based design space.Firms that use data to build digital products like mobile apps or ecommerce platforms are in demand. Vancouver-based Apply Digital is one such company. It's quietly grown to more than 200 employees in five years, working for giants like Disney, Moderna, and Electronic Arts, said CEO Gautam Lohia. With offices in Toronto, New York, Los Angeles, and Mexico City, it can work globally.Recent high-profile projects include building a new sales app for Canadian apparel company Arc'teryx and redesigning the Princess Margaret Cancer Society's fundraising platform.Lohia said while he hasn't taken outside funding, investors have shown "a tremendous amount of interest" in the firm. Blast Analytics What it does: Helps large and mid-sized companies manage thier consumer data.Why buyers want it: To expand their data consulting business.The demand for digital transformation services has soared in the pandemic, making top consultancies attractive to buyers.Blast Analytics, a 22-year old firm based in Roseville, California, is one of the few remaining independent data consultancies. It helps companies do analytics audits, measure ad campaigns, identify customer experience concerns, and make their businesses more digital. It's also known for data privacy work; it helped the federal government give users more control over how Healthcare.gov collects their data.Blast Analytics's size and client work make it a smart acquisition target; the firm reported 87% year-over-year revenue growth from 2018 to 2020, according to Inc., and clients have included The Wall Street Journal, Ulta Beauty, and State Farm. Cadastra What it does: Does performance marketing and digital consulting for marketers.Why buyers want it: To expand in Latin America and get closer to platforms like Google and Salesforce.Tech giants like Google, Amazon, and Adobe play a significant role in driving ad industry M&A, said Hugo Loriot, partner at You & Mr Jones-owned data firm Fifty-Five.Google, for example, only works with companies that have certifications for its own products, so networks need to buy certified firms in target growth areas or risk being cut off from Google's services in these regions, Loriot said.Google- and Salesforce-certified Cadastra in Brazil is one such firm.The company started in 2000 as one of Latin America's first search engine marketing agencies. It turned toward consulting and now helps clients manage IT, ecommerce, and other aspects of digital strategy, Cadastra founder and CEO Thiago Bacchin said.Cadastra has attracted interest from major agency holding companies and private equity firms but plans to focus on making its own acquisitions, he said. Claravine What it does: Helps clients standardize their data management practices.Why buyers want it: To compete with major consulting firms for digital transformation contracts.Founded in 2013, the Provo, Utah software-as-a-service company helps marketers standardize the ways they collect and analyze consumer data and use it to track and plan their ad campaigns and other operations.The firm has raised more than $12 million in three funding rounds since 2016 led by VCs such as Grayhawk Capital and Kickstart Fund.Claravine chief product officer Chris Comstock said moves by tech giants Apple and Google to limit marketers' use of data have created more demand for Claravine's services.One consultant called Claravine one of the most coveted data management firms by private equity groups. Like other M&A targets, Claravine is certified by tech giants such as Adobe; it competes with Snowflake, Confluent and more established providers. Element What it does: Uses data to help clients market to audiences in Latin America.Why buyers want it: To expand Latin American operations and digital capabilities.This Mexico City-based digital agency has already attracted interest from ad holding and consulting companies, according to founder Gerónimo Ávila.Element does content production, ad planning and buying, analytics, and consulting for companies such as PepsiCo, YouTube, and Home Depot.Its independence and global client base make it a good M&A target. Its services touch on most aspects of the customer experience and rely heavily on data analytics. And, it's close to the US and most of its staffers are bilingual. Elsy What it does: Helps brands manage their ad buys using analytics.Why buyers want it: To handle bigger ad budgets.New York's Elsy was founded in 2015 by veterans of WPP's GroupM, the world's largest ad-buying network.It provides mix media modeling, which uses algorithms to assess the results of advertisers' digital ad campaigns and adjust their spending accordingly.Elsy has raised just over $2 million in funding since 2017 from You & Mr Jones and AI-focused VC firm Glasswing Ventures. Clients include Dannon, Keurig Dr Pepper, and Metlife.Elsy CEO Laurent Colard said the firm has quadrupled its customer base over the past year and is actively pursuing investments to expand but hasn't considered a sale. In the past, advertisers typically did mix media modeling audits once a year. But the complexity of digital advertising has created a need for always-on services, and more brands are seeking out subscription-based software firms as they do more of their ad-buying in-house, said Ana Milicevic of Sparrow Advisors. Grupodot What it does: Colombian agency focused on AI.Why buyers want it: To expand their digital marketing services in Latin America.Bogota-based Grupodot calls itself the first Latin American agency focused on using AI to help clients with their advertising and other operations. Clients include online retailer Mercado Libre, which recently hired Grupodot to help automate and streamline e-commerce.Founded in 2004, Grupodot started with a focuse on UX design but has since added services such as cloud computing, AI-powered retail displays, and campaign analytics. The agency promotes its partnership with Google and describes itself as a bridge between tech platforms and advertisers.A company like Grupodot could help a holding company or private equity firm establish a foothold in Colombia, deepen its relationship with Google, and expand its data-based services.Bob Morris of Bravery Group said holding companies have begun to realize that buying such firms could be more cost-effective than hiring them for projects or building that speciality in-house. InfoTrust What it does: Helps advertisers organize their consumer data.Why buyers want it: To grow their data services and US clients. Decade-old, Cincinnati-based InfoTrust is a tech consulting firm that helps retail, media, and packaged-goods makers like Procter & Gamble, Nestle, and L'Oréal manage their consumer data. It reported $13.3 million in revenue in 2020.Its core product is Tag Inspector, a task manager that collects a brand's data from digital properties like websites and apps in one place.CEO Alex Yastrebenetsky recently said he had no plans to sell InfoTrust, but one M&A consultant said the firm would be attractive to private equity firms thanks to its status as one of the largest US-based Google Analytics partner companies not owned by a holding company or PE firm. Parrot Analytics What it does: Software firm that tracks viewership and engagement with a focus on streaming .Why buyers want it: To have more complete data on consumer behavior.Parrot Analytics began getting media attention in 2020 for saying it can track viewership of streaming services like Netflix , most of which do not share these numbers.Parrot says it can help media companies, advertisers, and creators understand not only what people are actually watching but their enthusiasm for it, through data like Google searches, social likes and shares, and pirated video downloads. Its clients include Google, Disney, WarnerMedia, and talent agency CAA.Parrot would be a logical target for a deep-pocketed PE firm, having raised around $15 million since 2014 from investors such as New Zealand's David Bishop Media and New Zealand Growth Capital Partners. Radius Global Market Research What it does: Consulting firm that helps businesses with consumer research.Why buyers want it: To expand research and data reporting services.Founded in 1960, New York's Radius Global Market Research is one of the most established independent market research firms, ranking among the top 50 firms in the category by revenue.Radius helps brands tweak their products and marketing with online surveys that are faster than traditional research. It also provides virtual and audio surveys and other data services.Radius, which one consultant compared to fast-growing research startups like Voxpopme and Suzy, would be attractive to a buyer looking to bulk up on data research. It's acquired several smaller competitors in recent years but hasn't taken on outside investment. Deal icon An icon in the shape of a lightning bolt. Keep reading Was this article valuable for you? 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InMobi CEO Naveen Tewari Talks Profits And Acquisition Strategy - Business Insider Advertising BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All Continue to Business Insider » You will be redirected in seconds. × From To You have successfully emailed the post. InMobi CEO Naveen Tewari Talks Profits And Acquisition Strategy Jim Edwards Jun. 20, 2012, 9:19 AM 2,742 facebook linkedin twitter email print InMobiInMobi's global network by monthly impressions served. See Also 'This didn't happen': NBC's Chuck Todd grills Donald Trump on his 9/11 claim 4 things every guy should tell his barber when he gets a haircut Pilot explains what it really means when there's turbulence during a flight InMobi CEO Naveen Tewari tells us that he expects his mobile ad company -- which he believes operates the largest mobile ad network bar Google's -- to remain a large standalone play in the future, even though it is not yet profitable. InMobi has about 850 employees in about 30 countries worldwide, of which 125 - 150 are in the U.S. Tewari declined to discuss revenues as the company is still private, having taken a $200 million investment from SoftBank last year. "We think this could be a standalone company," Tewari said when asked if he believed InMobi would be acquired. Growth has been "so fast and so large, we're one of only a handful of players that exists in this space" at scale, he said. InMobi serves 93.4 billion impressions monthly, across the planet. But the company is not yet running a profit, Tewari said. "We are in investment mode so we're concentrating on that. We have internal targets but we'd rather keep it that way." Profits have proven elusive among the large-scale mobile ad network providers. Both Velti and Millennial Media are also currently running at a loss. See Also: Meet The 18 Most Important People In Mobile Advertising More: Advertising Mobile Mobile Ads InMobi facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 0 All Comments 0 Apply To Be An "Insider" » Loading InMobi CEO Naveen Tewari Talks Profits And Acquisition Strategy InMobi CEO Naveen Tewari Talks Profits And Acquisition Strategy To sell or not to sell? Recommended For You Featured How data is saving the retail industry More "Digital Business Decoded" » 3 types of insurance that can protect your family for years to come More "World 2.0" » Get Advertising Emails & Alerts Sign-Up Learn More » Advertising Select Advertising: The Brief More Featured Business Insider Select Tech Select Tech Chart Of The Day Markets Chart Of The Day 10 Things Before the Opening Bell Instant MBA Business Insider Events BI Intelligence Daily Finance Finance Select Markets Select Monday Scouting Report Your Money Select Financial Advisor Insights Smart Investor CFO Insider Prime Finance Strategy Strategy Select Advertising Select Retail Select Careers Select null Politics Politics Select Military Select Life Life Select Transportation Select Education Select Entertainment Select null Tech Enterprise Select Science Select Mobile Chart Of The Day E-Commerce Chart Of The Day Payments Chart Of The Day Digital Media Chart Of The Day IoT Chart of the Day Charts of the Day Sports Chart Of The Day Top 10 Things 10 Things In Tech You Need To Know Closing Bell Sports Sports Latest Deals The Trendsetter Gift Guide Holiday Central Latest Research FREE: Mobile Payments - Everything You Need to Know The Messaging App Report The Internet of Things 2015 Report The Digital Disruption of Retail Banking Read Business Insider On The Go Available for iPhone, iPad, and Android Find A Job Tech Jobs C-Level Jobs Media Jobs Design Jobs Finance Jobs Sales Jobs See All Jobs » Thanks to our partners * Copyright © 2015 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Powered by MongoDB Stock quotes by finanzen.net Made in NYC International Editions: UKDEAUSIDINMYSG

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Aurora CEO Interview: Cracking the Code of Self-Driving Technology Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Subscribe Subscribe Business The word Business Life The word Life News The word News Reviews The word Reviews Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. 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It often indicates a user profile. Log in Subscribe Subscribe Newsletters World globe An icon of the world globe, indicating different international options." US Edition US INTL Asia Deutschland & Österreich Australia España India Japan México Netherlands Polska South Africa Get the Insider App Click here to learn more A leading-edge research firm focused on digital transformation. See our Research Facebook Icon The letter F. Twitter icon A stylized bird with an open mouth, tweeting. LinkedIn icon The word "in". YouTube icon A play button in the shape of a television screen. Instagram icon A stylized camera. * Copyright © 2022. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy. Sitemap Disclaimer Accessibility Commerce Policy CA Privacy Rights Coupons Made in NYC Jobs Stock quotes by finanzen.net Reprints & Permissions Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Good Subscriber Account active since Shortcuts Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Profile Newsletters FAQs Subscription Log out US Markets Loading... H M S In the news Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE Subscribe Subscribe Premium Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Premium The CEO of Aurora explains why the self-driving startup bought a laser-radar company that's completely off the tech-industry grid Matthew DeBord 2020-01-16T14:12:00Z Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link. It symobilizes a website link url. Copy Link This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Aurora CEO and Google veteran Chris Urmson has reasons why his startup bought an obscure company based in Bozeman, Montana.Blackmore, the laser-radar company located some 100 miles southeast of Montana's capital and founded in 2015, lives in the unlikeliest of places for a self-driving tech startup.But Urmson said that Aurora was attracted to Blackmore for the company's sophisticated laser-radar technology, which Aurora want to use for large trucks operating on freeways.Sign up for Business Insider's transportation newsletter, Shifting Gears, to get more stories like this in your inbox.Visit Business Insider's homepage for more stories."There's not a whole lot of self-driving research up there."That was Chris Urmson's understated assessment of a tiny laser-radar company, Blackmore, that Urmson's startup, Aurora, acquired last year for an undisclosed amount.Urmson, an autonomous-mobility celebrity CEO of sorts, can split his time between two self-driving hubs in the US, the San Francisco Bay Area/Silicon Valley and Pittsburgh (the latter city is home to Carnegie Mellon University, along with Stanford a key academic center for self-driving research).Blackmore, by contrast, is located in Bozeman, Montana. A beautiful place, with a top university in Montana State. But not exactly well-known to anyone following the rapid evolution of Aurora or other self-driving efforts from Waymo, Cruise, ArgoAI, or Mobileye.Operating in different universes but tackling the same problem An Aurora-equipped vehicle. Aurora Innovation The two companies, prior to the acquisition, were also operating in different financial universes. Aurora's most recent funding round was in 2019, for $530 million, bringing the Palo Alto-based firm to a reported $2.5 billion valuation. Blackmore Sensors and Analytics Inc. — the startup's official name — raised $18 million in 2018. It has a staff of 70, according to The Robot Report.Urmson joined Google after getting a doctorate at Carnegie Mellon, working with Sebastian Thrun on the earliest iterations of the Google Car project. He departed in 2016 after about a decade, when the project was rechristened Waymo and taken over by current CEO John Krafcik, an auto-industry veteran.At Aurora, founded in 2017, Urmson sometimes sounds like Krafcik. Both men speak of an autonomous "driver" as being their focus — a combination of hardware and software that could be installed in any vehicle, like a robot behind the wheel (even though there isn't a wheel), to replace the human pilot."We need to see the world effectively and see it at range," Urmson told Business Insider. That brought him to Blackmore.Creating a robot that could drive a semi Semis present unique challenges for self-driving. Bob Riha Jr./Reuters "I spent part of my time finding essential technologies that could differentiate us," he said. Then encountered Blackmore's technology, which he described as "continuous wave." Without getting too complicated, Blackmore's system uses the famous Doppler effect that gives Doppler radar its name. The upshot Urmson said, was "tech that could unlock the ability to drive heavy trucks on the freeway."Self-driving semis present a compelling business opportunity because the freight economy has managed to avoid much in the way of major innovation and is prey to a never-ending cycle of ups and downs and beset with narrow and unreliable profit margins.For Aurora's goal of developing a robot driver for Class 8 tractor-trailer rigs, Blackmore's technology is compelling."It has the ability to see farther and measure velocity instantaneously, so you don't have to wait for returns," he said. That enables safe freeway navigation, where a significant concern is being able to see far enough ahead to manage the daunting physics of rigs that can weigh in at 33,000 pounds and top out at 170,000 pounds with the tractor and trailer and hitched. Stopping requires planning."I'm pretty convinced that there aren't going to be very many winners" Bozeman, Montana. Getty Images Although as Urmson put it, Blackmore was "a little off the beaten path;" the company was three years old and the "team has been working on the technology for 15 years."He said that what Blackmore has done is "really complicated," but grounded in some self-driving basics."When I look at lidar [laser radar] I see two fundamentals," he said. "How are you measuring distance? and how are you steering the beam?" What thrills him about Blackmore is the distance-measuring aspect. "We want that now," is the way he described Aurora's team's reaction to the Blackmore tech when Palo Alto finally met the town of Bozeman, Montana.The urgency came from Urmson and Aurora's belief that self-driving isn't going to provide abundant competitive opportunities."I'm pretty convinced that there aren't going to be very many winners," he said."The field is going to narrow," he added, comparing it to the early days of the auto industry, when manufacturers of motor cars were abundant. That was over 100 years ago, and even with Tesla's rise since the 2000s, there are still just four major automakers in the US.Big trucks are even harder. "If your thesis is that this is easier," Urmson said. "Aurora's position is that you're wrong."But if Aurora is going to vindicate its multibillion valuation and satisfy investors, it can't avoid the cab of a semi. "We're going to deliver a full-spectrum driver." Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications Deal icon An icon in the shape of a lightning bolt. Keep reading Was this article valuable for you? Yes No Additional comments Email (optional) Receive a selection of our best stories daily based on your reading preferences. Submit FOLLOW US: On Facebook for more car and transportation content! NOW WATCH: Uber wants to carry you around in a flying car — here’s what it could look like More: Aurora Chris Urmson Mergers and Acquisition Self-Driving Car Blackmore BITranspo Self-Driving Vehicles Self-Driving Trucks Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Deal icon An icon in the shape of a lightning bolt. For you Follow us on: * Copyright © 2022 Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy . Contact Us Sitemap Disclaimer Accessibility Commerce Policy CA Privacy Rights Coupons Made in NYC Jobs Stock quotes by finanzen.net Reprints & Permissions International Editions: United States US International INTL Asia AS Deutschland & Österreich AT Australia AUS Deutschland DE España ES India IN Japan JP México MX Netherlands NL Polska PL South Africa ZA

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This Apple Exec Is On The Prowl For Acquisitions – M&A Source http://www.businessinsider.com/this-apple-exec-is-on-the-prowl-for-acquisitions--ma-source-2012-4 en-us Fri, 20 Apr 2012 11:59:00 -0400 Tue, 21 May 2013 20:56:31 -0400 Nicholas Carlson http://www.businessinsider.com/c/4f9916a4eab8ea171500000e Shiv Aiyar Thu, 26 Apr 2012 05:34:28 -0400 http://www.businessinsider.com/c/4f9916a4eab8ea171500000e I don't think anyone gets it. Apple NEEDS to get into social networking. Apple is a control freak. They like to control the experience from top to bottom. Social networking is already booming on sites like Facebook and Twitter. Eventually (within a year or two) sites like Facebook will start charging Apple royalties to add things like built-in Facebook integration. Apple does not want this to happen. Apple makes portable devices: MacBook Air, iPad, and iPhone. And they got everyone hooked up through iCloud. The next step is to acquire Path, bake it into the CORE of iOS and Mountain Lion, and then automatically make EVERY single iCloud user a "Path" user as well. http://www.businessinsider.com/c/4f9915a869bedd611e000005 Shiv Aiyar Thu, 26 Apr 2012 05:30:16 -0400 http://www.businessinsider.com/c/4f9915a869bedd611e000005 Path is FANTASTIC. It's simple, beautiful, and unbelievably functional. It would be a perfect buy for Apple. http://www.businessinsider.com/c/4f91da74ecad042f7a000035 getaneditor Fri, 20 Apr 2012 17:51:48 -0400 http://www.businessinsider.com/c/4f91da74ecad042f7a000035 "it's iPhone app " it's? GET AN EDITOR. http://www.businessinsider.com/c/4f91aeaf69beddbc6600002f Bidder Fri, 20 Apr 2012 14:45:03 -0400 http://www.businessinsider.com/c/4f91aeaf69beddbc6600002f Nick - I have a $3 billion bid into pintrest.com right now. I'm ready to go as high as $12 billion, but only if I have to. http://www.businessinsider.com/c/4f91997aeab8ea1447000006 bankofmyamerica Fri, 20 Apr 2012 13:14:34 -0400 http://www.businessinsider.com/c/4f91997aeab8ea1447000006 Web 2.0 is not a bubble. Facebook worth $200 billion, Twitter $50 billion; these valuation s are sustinable. Stocks surging again? wasn't there supposed to be a global slowdown and debt crisis? Over so soon? Say it aint so lol A combination of surging gas & oil prices, worsening labor market, increased Iran & North Korea tensions, and a backdrop of pessimism about the economy will seal Obama's fate as a one-termer. Stocks, however, will keep surging even as oil passes $109 and gas $4.50/gallon. Profits & earnigns will keep being blowout , massive exports and huge productivity. The left is trying to spread lies about the consumer being 'maxed out' by pain at the pump. This is wrong.. Dow 14000 and AAPL $700/share soon. <a href="http://seekingalpha.com/instablog/926530-stock_creeper/525271-jobless-claims-at-4-month-highs-but-stocks-will-keep-going-up" target="_blank">http://seekingalpha.com/instablog/926530-stock_creeper/525271-jobless-claims-at-4-month-highs-but-stocks-will-keep-going-up</a> http://www.businessinsider.com/c/4f9195866bb3f7b65e00002c slezytabloid Fri, 20 Apr 2012 12:57:42 -0400 http://www.businessinsider.com/c/4f9195866bb3f7b65e00002c keep pushing Path but that dog won't hunt, Path is spammy

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Joby Aviation to Acquire Uber Elevate, Wins $75 Million Investment Jump to Main content Search Account Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Subscribe Business Tech Finance Markets Strategy Retail Advertising Healthcare Premium Life Entertainment Culture Travel Food Health Parenting Beauty Style News Politics Military & Defense Sports Opinion Reviews Tech Streaming Home Kitchen Style Beauty Gifts Deals Pets Parenting Coupons Health Learning Hobbies & Crafts Travel All A-Z Advertising Business Careers Coupons DoorDash Walmart Dell Staples Under Armour Culture Design Entertainment Executive Lifestyle Finance Food Health Healthcare Intelligence Latest Life Markets Insider Media Military & Defense News Opinion People Personal Finance Banking Credit Cards Insurance Investing Loans Mortgages Politics Premium Retail Reviews Science Sports Strategy Tech Transportation Travel TV Beauty Explorers Best in Town Bonkers Closets Festival Foodies Movies Insider Pop Culture Decoded The Making Of The Ultimate List Featured Talent Insider About About Advertise Careers Code of Ethics Contact Us Corporate Corrections Policy Follow RSS Sitemap Facebook Twitter Instagram YouTube LinkedIn Subscriptions Intelligence Premium US Markets Loading... H M S In the news Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Subscribe Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Transportation Joby Aviation is acquiring Uber's Elevate as the ride-hailing giant continues to shed divisions during the pandemic Thomas Pallini 2020-12-08T21:12:26Z Save Article Icon A bookmark Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Share icon An curved arrow pointing right. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Link icon An image of a chain link. It symobilizes a website link url. Copy Link Read in app Uber CEO Dara Khosrowshahi. Tasos Katopodis/Getty Images for Uber Redeem now Joby Aviation will acquire Uber Elevate in another sell-off from the ride-hailing giant during the pandemic.  Uber will invest $75 million in Joby Aviation which, combined with a previously undisclosed $50 million investment in January from Uber, brings the latter's total fundraising haul to $820 million. Joby expects to begin flights with electric vertical take-off and land vehicles as soon as 2023.  Visit Business Insider's homepage for more stories. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy. Electric air taxi startup Joby Aviation will acquire Uber's Elevate division in yet another sell-off from the ride-hail giant during the pandemic, the companies announced Tuesday.The sale comes just four years after Uber launched Elevate as a way to promote "urban air mobility" with flying cars and electric vertical take-off and land vehicles, or eVTOLs, that allow riders to fly over cities instead of driving through them.Uber will instead become a stakeholder in Joby Aviation with a $75 million investment in the company, a common theme of Uber's recent sales during the pandemic as it allows the company to stay connected with its now-severed divisions. A price for the deal was not announced but it's expected to finalize in early 2021. The two have also agreed to integrate each other's services in their mobile applications for a seamless user experience once Joby launches eVTOL services. Joby also announced an additional $50 million in previously unannounced funding from Uber in a Series C financing round in January 2020 that brings the company's total investment haul to $820 million, of which $125 million is from Uber.  "The team at Uber Elevate has not only played an important role in our industry, they have also developed a remarkable set of software tools that build on more than a decade of experience enabling on-demand mobility," JoeBen Bevirt, Joby Aviation's founder and CEO, said in a press release. "These tools and new team members will be invaluable to us as we accelerate our plans for commercial launch," he added.The announcement came the same week that the sale of Uber's Advanced Technologies Group to self-driving car startup Aurora was announced, as Business Insider's Graham Rapier reported. The deal also saw Uber invest $400 million in Aurora. Joby and Uber first teamed up less than a year ago in December 2019 as the ride-hailing company sought to build relationships with eVTOL manufacturers. The 11-year-old company is currently developing a six-motor eVTOL that it says can fly distances of over 150 miles.  Joby Aviation intends to fly its eVTOLs as soon as 2023.   Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications Read next NOW WATCH: This could be the future of ride-hailing Planes Uber Uber Elevate More... Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Recommended Video Follow us on: * Copyright © 2023 Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy . 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Bradley Manning Acquitted Of Aiding The Enemy - Business Insider Military & Defense BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All × From To You have successfully emailed the post. Bradley Manning Acquitted Of 'Aiding The Enemy,' Convicted Of 19 Counts Including Espionage Michael B Kelley Jul. 30, 2013, 1:13 PM 6,505 37 facebook linkedin twitter email print REUTERS/Gary CameronU.S. Army Private First Class Bradley Manning enters the courtroom for day four of his court martial at Fort Meade, Maryland June 10, 2013.Bradley Manning, who orchestrated the largest leak of classified information in U.S. history, has been acquitted of the most serious charge of aiding the enemy, which carried a possible sentence of life imprisonment. Military judge Col. Denise Lind convicted Manning of 19 other charges, including seven counts of violating the espionage act.  In all, Manning faces a maximum sentence of 136 years in prison.  Journalist Alexa O'Brien, who detailed each count, is listing the 22 specific counts and the verdicts*. Manning previously pleaded guilty to 10 of the lesser offenses and faced up to 20 years. Sentencing will commence tomorrow at 9:30 a.m., according to The Washington Post. "The government is saying, keep your reservations and morals to yourself or end up like Bradley," Robert Caruso, a former assistant command security manager in the Navy and consultant, told Business Insider. "The government is coming down hard on leakers." Manning, who served as a junior intelligence analyst in Iraq in 2009 and 2010, gave 700,000 military and diplomatic documents to WikiLeaks to "spark a domestic debate on the role of our military and foreign policy in general." The documents included videos of airstrikes that killed civilians, a trove of front-line incident reports from the Afghanistan and Iraq wars, dossiers on Guantánamo Bay detainees, and about 250,000 U.S. diplomatic cables. The disclosures led to some troubling revelations about U.S. actions, and journalists subsequently wrote stories based on the information. *Here's a breakdown of the charges: Here is the verdict. PIC #Manning faces 136 years Maximum Punishment. Sentencing begins tomorrow 9:30am pic.twitter.com/9H7Qg1OZJr — Alexa O'Brien (@carwinb) July 30, 2013 'Aiding the enemy' Prosecutors painted Manning as an anarchist traitor who recklessly leaked classified information with "a general evil intent," arguing that Manning knew the classified material would be seen by the terrorist group al-Qaida via the Internet. The government previously stated that al-Qaeda leader Osama bin Laden obtained copies of some documents published by WikiLeaks before he was killed by U.S. special forces in 2011. Defense attorney David Coombs argued that all modern cases regarding aiding the enemy involved military members who gave the enemy information directly. Some experts, including Harvard Law Professor Yochai Benkler, argued that the aiding the enemy charge in Manning's case "will cast a long shadow on national security journalists and their sources." That's because the prosecution said that it would have made the same case if Manning had leaked the documents to The New York Times, Washington Post, or Wall Street Journal. Here's how Benkler broke it down: The source gives materials to the journalist; the journalist publishes; the enemy reads the publication and, presto, the source is guilty of the offense of "aiding the enemy". Manning's experience The native of Crescent, Oklahoma has been held in military prison for 1,160 days after being arrested in Kuwait on May 26, 2010. Last month Coombs described Manning as a ‘‘young, naive, but good-intentioned’’ soldier whose struggle to fit in as a gay man in the military made him feel he ‘‘needed to do something to make a difference in this world.’’ From July 2010 to April 2011 he was held as a maximum custody detainee at Quantico marine base in Virginia, where he sat in a fluorescent-lit 6-by-8-foot cell with no window or natural light for 23 hours per day — guards checked on him every five minutes — and was stripped naked at night because authorities deemed the elastic on his underwear could be used to harm himself. In response to Manning's pre-trial confinement, more than 250 of the most eminent U.S. legal scholars sent a letter to President Obama in protest of Manning's treatment; UN special rapporteur on torture Juan Ernesto Mendez called it "cruel, inhuman and degrading"; and Secretary of State Hillary Clinton's chief spokesman, P.J. Crowley, resigned after he publicly denounced the treatment as "ridiculous and counterproductive and stupid." In January Lind ruled that any sentence should be reduced by 112 days because of his mistreatment in confinement. Editor's note: Coincidentally, the U.S. Constitutional Congress enacted the very first whistleblower protection law on July 30, 1778. SEE ALSO: Bradley Manning Looks Downright Ghostly More: Bradley Manning Wikileaks U.S. Government Military Defense facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 10 All Comments 37 Apply To Be An "Insider" » Loading Bradley Manning Acquitted Of 'Aiding The Enemy,' Convicted Of 19 Counts Including Espionage Bradley Manning Acquitted Of 'Aiding The Enemy,' Convicted Of 19 Counts Including Espionage Including 5 counts under the Espionage Act. 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These Two Charts Show Just How Brilliant Zuckerberg's Instagram Acquisition Was - Business Insider Login   Login Username Password Remember me Forgot username or password? Login with Twitter Login with Facebook Login with LinkedIn Login with Google Register SAI Home Tech SAI Enterprise Science Microsoft Makes Fun Of The iPad In Its Best Windows 8 Ad Yet Microsoft Makes Fun Of The iPad In Its Best Windows 8 Ad Yet 500 New Cloud Apps Come Online Everyday And This Startup Protects Companies From The Onslaught Why Orange Juice Tastes Horrible After You Brush Your Teeth Finance Clusterstock Your Money CHINESE MANUFACTURING CONTRACTS CHINESE MANUFACTURING CONTRACTS Amazon Vs. Costco: Which Is Better For Buying In Bulk? 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Email Zip From To Email Sent! You have successfully emailed the post. These Two Charts Show Just How Brilliant Zuckerberg's Instagram Acquisition Was Nicholas Carlson | Oct. 10, 2012, 11:59 AM | 5,177 | 8 Email More Share on Tumblr Tweet Email Share on Tumblr Even defenders of Facebook CEO Mark Zuckerberg start by calling him a "product visionary." But it's becoming increasingly clear that Zuckerberg is also a bold and effective actor on a strategic, corporate level. The best example of this so far is his billion dollar purchase of Instagram over a weekend during the Spring of this year. When he did it, he did it over a weekend and all by himself – without notifying the board until he was about done with the deal.  Because it was right in the middle of Facebook's IPO warm-up, this freaked some people out. They wondered if too much of the company's fate rested in one person hands. These people should rest easy. Look at this chart. It shows that Instagram, which Facebook bought for 1% of its market cap, now  accounts for approximately* 20% of its monthly active users on mobile, according to new data from ComScore. Let's look at another chart. The blue area in this chart shows what Facebook's mobile growth would look like over the last six months if Zuckerberg had not made his big move.  The red area shows what Facebook gained because he did: For his next trick, Zuckerberg just needs to prove Facebook can make money from Instagram. *Obviously, many people use Instagram and Facebook, so this number is a little off.  Recommended For You Please follow SAI on Twitter and Facebook. Follow Nicholas Carlson on Twitter. 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The Water Cooler Insiders 0   All Comments 8   Apply To Be An "Insider" » Loading Apply To Be An "Insider" » These Two Charts Show Just How Brilliant Zuckerberg's Instagram Acquisition Was These Two Charts Show Just How Brilliant Zuckerberg's Instagram Acquisition Was Instagram, which Facebook bought for 1% of its market cap, now  accounts for approximately 20% of its monthly active users on mobile. Welcome, ! You are logged into Facebook Social: | Your Activity | These articles have been shared on your timeline. You can remove them here: Options Notify me when a story is shared. Yes No Welcome, ! You are logged in with Google Social: | Your Activity | These articles have been added to your Google activity log. You can remove them here: Options Notify me when a story is shared. Yes No Send Us A Tip! 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Nike Acquires RTFKT - Insider Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Subscribe Business The word Business Life The word Life News The word News Reviews The word Reviews Business Tech Finance Markets Strategy Retail Advertising Healthcare Intelligence Life Entertainment Culture Travel Food Health Parenting Beauty Style News Politics Military & Defense Sports Opinion Reviews Tech Streaming Home Kitchen Style Beauty Gifts Deals Pets Parenting Coupons Health Learning Hobbies & Crafts Travel All A-Z Advertising Business Careers Coupons DoorDash Walmart Dell Staples Under Armour Culture Design Entertainment Executive Lifestyle Finance Food Health Healthcare Intelligence Latest Life Markets Insider Media Military & Defense News Opinion People Personal Finance Banking Credit Cards Insurance Investing Loans Mortgages Politics Premium Retail Reviews Science Sports Strategy Tech Transportation Travel TV Beauty Explorers Best in Town Bonkers Closets Festival Foodies Movies Insider Pop Culture Decoded The Making Of The Ultimate List Featured Better Capitalism Cities Connected Insider TV Master Your Money Next Stop Sustainable Finance Transforming Business About About Advertise Careers Contact Us Corporate Corrections Policy Follow RSS Sitemap Facebook Twitter Instagram YouTube LinkedIn Subscriptions Intelligence Premium Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Premium Markets 2021-12-16T08:30:00Z Nike just snapped up a virtual sneaker brand with a huge valuation. The CEO of a digital agency behind a $4.5 million NFT sale shares 3 ways fashion brands could shape the metaverse — and an under-the-radar virtual world to watch. Nike bought a virtual sneaker brand, RTFKT. Dorian Banks lays out how fashion can shape the metaverse and shares an overlooked virtual world to watch. Markets 2021-12-14T15:57:53Z Nike buys virtual shoe studio RTFKT as more big brands position themselves for metaverse push "We're acquiring a very talented team of creators with an authentic and connected brand," said Nike of its purchase of RTFKT. Follow us on: * Copyright © 2022 Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy . Contact Us Sitemap Disclaimer Accessibility Commerce Policy Advertising Policies CA Privacy Rights Coupons Made in NYC Jobs Stock quotes by finanzen.net Reprints & Permissions International Editions: United States US International INTL Asia AS Deutschland & Österreich AT Deutschland DE España ES India IN Japan JP México MX Netherlands NL Polska PL South Africa ZA

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Mozilla has acquired read-later service Pocket - Business Insider Business Insider logo The words "Business Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Loading Something is loading. Loading... Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Business Insider logo The words "Business Insider". Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. BI Prime Intelligence Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Subscribe Subscribe Business The word Business Life The word Life News The word News Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. 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It indicates a way to close an interaction, or dismiss a notification. Good Subscriber Account active since Edit my Account Free subscriber-exclusive audiobook! “No Rules Rules: Netflix and the Culture of Reinvention” Get it now on Libro.fm using the button below. Redeem your free audiobook Premium Articles Upgrade Membership Email Preferences My Subscription FAQs Logout DOW S&P 500 NASDAQ 100 Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE Subscribe Subscribe Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Tech Mozilla has snapped up Pocket in its first ever acquisition Abhimanyu Ghoshal , The Next Web 2017-02-28T09:16:03Z Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Link icon An image of a chain link. It symobilizes a website link url. Twitter icon A stylized bird with an open mouth, tweeting. LinkedIn icon The word "in". Fliboard icon A stylized letter F. More icon Three evenly spaced dots forming an ellipsis: "...". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. The Pocket app. Google Play , which is best known for building the Firefox browser, has purchased read-later service Pocket for an undisclosed sum in its first acquisition.The app, which lets you save links from the Web to a reading list that you can access on any device, currently counts about 10 million monthly active users and 3 billion saved items after being around for more than nine years. Pocket currently delivers ads and analytics, and also sells premium subscriptions to bring in revenue. It’s also previously raised at least $14.5 million in funding.While the company will continue to operate independently and run its service as it does now, Mozilla says that it’ll leverage Pocket’s core team to further its Context Graph project, which is a sort of recommendation engine for search that aims to use contextual information about users to point them to more relevant content online. Read the original article on The Next Web. Copyright 2017. Follow The Next Web on Twitter. Newsletter Your morning cheat sheet to get you caught up on what you need to know in tech. Sign up to 10 Things in Tech You Need to Know Today. Loading Something is loading. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Business Insider as well as other partner offers and accept our Terms of Service and Privacy Policy. NOW WATCH: More: The Next Web Mozilla Pocket Close icon Two crossed lines that form an 'X'. 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How The Toronto Film Fest Has Become A Robust Market For Acquiring Movies - Business Insider Entertainment BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All Continue to Business Insider » You will be redirected in seconds. × From To You have successfully emailed the post. How The Toronto Film Fest Has Become A Robust Market For Acquiring Movies Liza Foreman and Lucas Shaw, The Wrap Sep. 5, 2012, 1:46 PM 211 facebook linkedin twitter email print The Toronto Film Festival is often where Oscar-winning films premiere.The Toronto International Film Festival is where you go to win an Oscar, as each of the past five Best Picture winners have screened at the festival. Yet over the past few years, Toronto has also morphed into one of the more robust markets for acquiring and packaging movies, a place as fertile for launching new projects as finished films. Though not an official market, Hollywood agents and executives descending on southeast Canada Sept. 6 expect the festival’s most robust week of dealmaking yet, following a buoyant Cannes when buyers reported an extraordinary number of pre-sales projects presented at the Marche du Film. “Toronto has just become such a prolific festival,” Jessica Lacy, ICM Partners' head of  international and independent film division, told TheWrap. “In the past we used other fall festivals as an international space for our films, and now it’s all about those films being in Toronto. We put all of our resources behind Toronto this year, and it seems to be the same for buyers.” Spurring this transformation in part is the fact that there are more independent sales companies, distributors and financiers handling more product, creating bigger films, and using festivals to sell from. A slew of international sales companies have launched during the past year, including Will Clarke’s Altitude Film Entertainment, Megan Ellison’s (Annapurna) Panorama, David Garrett and Constantin Film’s Mister Smith Entertainment, Mimi Steinbauer’s Radiant Films International, Joe Drake and Nathan Kahane’s Good Universe, and the newly launched Scott Pictures International, which will all be on hand at Toronto. ShutterstockThese companies join existing players such as Lionsgate-Summit, Glen Basner’s FilmNation, Kirk D’Amico’s Myriad Pictures, and Avi Lerner’s Millennium Films, and Bill Block’s QED International, which are behind an increasing number of major films and festival pictures. At Toronto, Myriad is selling Rubba Nada’s Syrian-set festival film “Inescapabale” for example, and showing buyers footage from “The Disappearance of Eleanor Rigby,” which isn’t playing at TIFF. Summit is taking “The Perks of Being a Wallflower” and “The Impossible,” with Naomi Watts and Ewan McGregor.  Lionsgate is handling “Dredd,” the opening night film of the Midnight Madness section. And another new sales venture, Sierra/Affinity, has a number of films on offer, including “How to Catch a Monster,” “The Way, Way Back” and “The Place Beyond The Pines.” And international companies, such as Corsan Films, will use the festival as a sales launch for their non-festival titles, including “Third Person” from Paul Haggis. "Toronto has  been growing as a market place for the past five years," said FilmNation founder Glen Basner.  "We have had great success introducing and selling new films at the script stage.  In past years we had terrific success selling “Looper” and “Magic Mike” in Toronto as examples." Also on the docket: films directed by major directors like Paul Thomas Anderson, Joss Whedon, Nick Cassavetes, Ryan Gosling, as well as dozens of movies starring A-list talent. Certainly, a change in the industry calendar has also affected Toronto's transformation. The festival fills a void in the early fall calendar, as there is no substantial market between Cannes in May and the American Film Market in November. “Because of where Toronto falls, it has become a very important festival to premiere new films,” Myriad Pictures CEO and President Kirk D’Amico told TheWrap. “Because films usually only screen as part of the festival, and not in the market on the side like for Cannes, it also allows for everyone to focus on particular films which again are actually in the festival. Once upon a time, the MIFED film market in Milan in November and the London Screenings in October served as the fall film markets, with the AFM taking place in February. But once the industry decided to kill off MIFED and the London Screenings a few years back, things began to change. “Toronto is now almost like a pre-AFM,” Kevin Iwashina, managing partner at Preferred Content, told TheWrap. “Buyers are dealing with films in the festival, but it also becomes a place to launch new projects either publicly or in a soft way. It has made AFM much more productive.” While Toronto has been building up over time, this year for the first time distributors say that they are choosing to show their films in Toronto rather than Sundance, because it serves as a better platform for touching base with the increasingly important international market place. “We have found that for the first time this year, distributors want to have a premiere at Toronto as opposed to Sundance, because of the international market playing a bigger role. They don’t want the films at Sundance because there is not so much global focus,” said one buyer who did not wish to be named. However, the focus of business remains domestic sales in Toronto for now. “Toronto is more significant on the U.S. distribution side than for any significant worldwide pickups,” said D’ Amico. “The acquisitions market has gotten more competitive because of the theatrical/VOD players like Magnolia, IFC and The Weinstein Company’s RADiUS, whose checkbooks seem to be growing,” he said. One oft-cited example of how distributors are starting to reap digital rewards is “Bachelorette,” a title from the Weinstein Company’s RADiUS shingle. It hit number one on the iTunes movie chart in advance of its Sept. 7 debut. “People are seeing return on VOD and iTunes has become a viable platform for movies, which it wasn’t a year ago,” Mark Ankner, a sales agent at WME, told TheWrap. "The industry is slowly becoming accustomed to the reality of the new marketplace," he added. So why is Toronto in particular so good for dealmaking? “Its spread out right and scheduled right,” David Glasser, COO of the Weinstein Company. “I’m not running from one meeting to another, don’t have one on top of the other and have time to get to screenings. It’s just really well planned.” Several people spoke to the festival’s efficiency and the comfortable atmosphere. Plus, Toronto as a city is manageable and the venues appropriately spaced.  “I always look forward to Toronto, now even more so in the new location, where everything is so concentrated and the screening facilities so fantastic,” indie veteran Jonathan Dana told TheWrap. “What I like most about Toronto is that people are there to see films.” Of course, this is starting to change -- with sales agents bracing for more hectic schedules, a transformation not welcome by all. Lisa Wilson, co-founder of international sales and financing company The Solution, said the growth of the market came “despite howled anguish from distributors.” “[Sales Companies] have battled it last two to three years,” Wilson told TheWrap. “The argument is it’s the only place we have left that’s a festival we can screen movies we’ve bought and look at finished movies we’ve been tracking without having to read scripts before they go.” And though those films without a Ryan Gosling may have a harder time now in Toronto finding a buyer as they screen up against multiple star-driven features, films catching the eyes of buyers ahead of this year’s festival cross a range of budgets and genres. “Toronto tends to have the broadest range of films of any festival,” Peter Goldwyn, senior vice president of acquisitions at Samuel Goldwyn Films, told TheWrap. “There is something for every buyer. This year it seems to be turning into more of a market with a number of sellers using the lightbox to screen films from their slate that are not in the festival.” “The pictures look good this year, across a broad range of budgets and genres,” said Dana. “The acquisition market has improved over the past three years, at least in so far as there is some stability in the 'floor values' of films with brand-name elements. And the digital and alternative outlets for all films have grown, with the caution that some markets have tightened for the very indie or critic-driven pictures.” “When you look at Toronto this year, there are so many films open for distribution,” Ankner said. “There’s more star power this year than there has ever been.”  SEE ALSO: 27 Celebrity Yearbook Photos> Read the original article on The Wrap. Copyright 2012. Follow The Wrap on Twitter. More from The Wrap: Sinead O’Connor Threatens Suicide, Claims She’s Taken an Overdose in Disturbing Facebook Post Eddie Redmayne’s ‘Danish Girl’ Off to Solid Start at Specialty Box Office Porn Star James Deen Accused of Rape by Ex-Girlfriend More: Thewrap.com Toronto Film Festival facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 0 All Comments 0 Apply To Be An "Insider" » Loading How The Toronto Film Fest Has Become A Robust Market For Acquiring Movies How The Toronto Film Fest Has Become A Robust Market For Acquiring Movies Where films go to win an Oscar. 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Tim Cook Explains Why Apple Buys The Companies It Buys http://www.businessinsider.com/apple-acquisition-strategy-2013-2/comments en-us Sat, 30 Apr 2016 07:33:14 -0400 Sat, 30 Apr 2016 07:33:14 -0400 Owen Thomas http://static3.businessinsider.com/assets/images/bilogo-250x36-wide-rev.png Business Insider http://www.businessinsider.com

M&A

Here's Why Instagram Is The Best Media Acquisition Of The Last Five Years And Tumblr Is The Worst http://www.businessinsider.com/instagram-acquisition-best-tumblr-worst-2014-2/comments en-us Wed, 31 Dec 1969 19:00:00 -0500 Sat, 30 Apr 2016 03:31:51 -0400 Jillian D'Onfro http://www.businessinsider.com/c/52fc357f6bb3f78a2d905b6e Chas Wed, 12 Feb 2014 22:01:19 -0500 http://www.businessinsider.com/c/52fc357f6bb3f78a2d905b6e Interesting graphs. So, Facebook is waning, while it's acquisition, Instagram, is gaining? I expect to see a decline in LinkedIn after the next two quarters. I am surprised any video sharing site hasn't stepped-up to the plate to knock YouTube off it's throne. Vimeo has the most potential to do this and has improved their site's speed, but, they still have a long way to go. Of course, any site that dares to take on King G risks being acquired, and possibly being shut down. http://www.businessinsider.com/c/52f98a85eab8eab96dbea1e7 bahahalol Mon, 10 Feb 2014 21:27:17 -0500 http://www.businessinsider.com/c/52f98a85eab8eab96dbea1e7 Joke 'analysis'. Youtube is a coup for G. Insta is a coup for FB. Growth isn't as important as monetization and mindshare. http://www.businessinsider.com/c/52f920d569beddb938092e42 TheFree_Lance Mon, 10 Feb 2014 13:56:21 -0500 http://www.businessinsider.com/c/52f920d569beddb938092e42 Uh, honestly not as bad for Tumblr as a thought. 3X better than Twitter is good. The problem is the amount Yahoo paid for Tumblr -- which remains a much more robust and user friendly platform than most social media fronts. That and there is still tons of pRon.

M&A

Mergers And Acquisitions - Business Insider BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All Mergers And Acquisitions One of the most powerful women on Wall Street told us this is the most important question in dealmaking right now Linette Lopez 1,762 1 Tribune Publishing has thrown out Gannett's offer to buy it Akin Oyedele 240 Here’s why major drugmakers are going after a relatively unknown biotech Lydia Ramsey 938 3 banks just lost close to $100 million from the collapse of another megadeal Portia Crowe May 2, 10:17 AM 4,835 1 Halliburton's megamerger with Baker Hughes is officially over Reuters and Akin Oyedele May 1, 8:05 PM 6,613 3 Medivation just rejected Sanofi's $9.3 billion takeover bid Lydia Ramsey Apr. 29, 9:39 AM 337 Medivation has rejected Sanofi's $9.3 billion takeover offer Reuters Apr. 29, 9:19 AM 116 WALL STREET PAYDAY: Banks could make up to $340 million from Takeover Thursday Portia Crowe Apr. 28, 4:26 PM 1,966 Marissa Mayer was 'outraged' people were comparing Yahoo to AOL Eugene Kim Apr. 27, 7:38 PM 9,899 14 Twitter CFO hints that he's itching to spend company's $3.5 billion on 'game changing' acquisitions Alexei Oreskovic Apr. 26, 8:23 PM 5,407 5 Why Apple needs to buy Dropbox Kif Leswing Apr. 24, 8:10 AM 23,233 9 Yahoo could lose a deal that pays it about $100 million a year in pure profit if any of these things happen Eugene Kim Apr. 20, 3:48 PM 8,149 3 Marissa Mayer says execs are meeting daily about how to sell or spin off Yahoo Alexei Oreskovic Apr. 19, 5:33 PM 4,812 3 Yahoo says it’s made ‘substantial progress’ on selling or spinning off the company Eugene Kim Apr. 19, 3:53 PM 2,901 3 Yahoo's former exec, who lost his job to Marissa Mayer, is now trying to buy the core business Eugene Kim Apr. 19, 2:18 PM 19,531 8 Here's what Wall Street really wants to hear from Yahoo's big earnings on Tuesday Eugene Kim Apr. 19, 12:13 PM 2,929 2 The Chinese company behind 2016's biggest takeover also tried to bust up Shell's megadeal Dmitry Zhdannikov, Freya Berry and Ron Bousso, Reuters Apr. 19, 10:25 AM 1,400 This is Fiat Chrysler's biggest problem Matthew DeBord Apr. 19, 9:47 AM 6,225 10 Yahoo could get bought by the Yellow Pages Eugene Kim Apr. 18, 2:17 PM 9,367 7 Yahoo's bidding price could get a big boost because of a business it has nothing to do with Eugene Kim Apr. 17, 9:22 AM 18,108 2 BANK OF AMERICA: The deal pipeline 'looks great' Business Insider Apr. 15, 8:03 AM Deutsche Bank's M&A co-head is leaving Olivia Oran and Greg Roumeliotis, Reuters Apr. 15, 2:50 AM 1,159 1 Yahoo just made changes that hint it expects to be sold soon Eugene Kim Apr. 14, 8:31 PM 12,926 5 BANK OF AMERICA: The deal pipeline 'looks great' Portia Crowe Apr. 14, 5:08 PM 2,064 1 Carlyle Group is bidding against General Electric for Halliburton's and Baker Hughes' assets Reuters Apr. 14, 3:55 PM 1,922 1 A Donald Trump presidency would be even more 'detrimental' to M&A than Bernie Sanders Matthew Nitch Smith Apr. 14, 1:00 AM 1,962 1 BLANKFEIN: The M&A boom isn't over yet Business Insider Apr. 11, 8:35 PM Monday's failed megamerger is an even bigger deal than it looks Bob Bryan Apr. 11, 9:50 AM 12,180 5 BLANKFEIN: The M&A boom isn't over yet Portia Crowe Apr. 11, 7:56 AM Canadian Pacific is ending its bid for Norfolk Southern Portia Crowe Apr. 11, 7:35 AM 12,462 5 Goldman Sachs is crushing dealmaking — here's what one top banker thinks about the M&A outlook Portia Crowe Apr. 10, 7:42 PM BLANKFEIN: The M&A boom isn't over yet Portia Crowe Apr. 10, 1:31 PM 2,834 2 A lot of people are going to get rich(er) at these small Wall Street firms Business Insider Apr. 9, 4:31 PM IT'S A DEAL: Marriott is buying Starwood Hotels for $12.4 billion Portia Crowe Apr. 8, 11:47 AM 14,914 6 Wall Street's standout business is cooling off fast Business Insider Apr. 8, 9:29 AM Investors are sticking with Pfizer's CEO after the $160 billion Allergan deal was scrapped Bill Berkrot and Ransdell Pierson, Reuters Apr. 8, 12:03 AM 947 Yahoo's patents could be worth $4 billion Eugene Kim Apr. 7, 2:27 PM 2,404 1 A Chinese company wants to buy the office equipment provider Lexmark Carol Zhong and Greg Roumeliotis, Reuters Apr. 7, 9:44 AM 766 Goldman Sachs is crushing dealmaking — here's what one top banker thinks about the M&A outlook Portia Crowe Apr. 7, 8:32 AM Wall Street's dealmakers are getting walloped Portia Crowe Apr. 6, 12:55 PM 1,835 Previous Next Recommended For You Featured Neil deGrasse Tyson and Al Gore on the future of our planet — and everything else More "Innovators" » My husband and I are business partners who just had our first child — here's how we make it work More "What Matters" » Get Business Insider Emails & Alerts Sign-Up Learn More » Business Insider Select More Featured Business Insider Select Tech Select Tech Chart Of The Day Markets Chart Of The Day 10 Things Before the Opening Bell Instant MBA Business Insider Events BI Intelligence Daily Finance Finance Select Markets Select 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M&A

Half A Million People Were Still Waiting In Line To Get Mailbox As It Gets Acquired by Dropbox - Business Insider Tech BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All × From To You have successfully emailed the post. 528,000 People Are Still Waiting In Line For Mailbox, The 37-Day-Old App Dropbox Just Acquired Alyson Shontell Mar. 15, 2013, 2:03 PM 5,551 facebook linkedin twitter email print LinkedInGentry UnderwoodFile storing and sharing company Dropbox has acquired Mailbox for an undisclosed amount. Mailbox is an app that promised to help people reach Inbox 0 with easy archiving and save-for-later features. What's crazy is the app only launched 37 days ago, on February 7. And, thanks to a brilliant marketing scheme that makes people wait in a virtual line to access the app, there are still 525,000 who are patiently waiting to try it out. CEO Gentry Underwood tells The Wall Street Journal that 1.3 million app reservations have been made and 60 million messages are being delivered daily over the service. "We are still struggling to keep up with the demand from those who want to use it,” he told WSJ. While the price wasn't disclosed, it's safe to assume Underwood and his 13-person team jumped ship for many millions (and hopefully a ton of stock options). They had raised $5.3 million to date. Dropbox may have pounced too early though. Many who tried the app have already stopped using it. When companies buy into fads, it doesn't often work well. Zynga, for example, purchased OMGPOP while its app Draw Something was exploding with traffic. Almost as soon as Zynga paid ~ $200 million, Draw Something's traffic declined. Here's what the Mailbox waitlist looks like now. Dropbox plans to keep the app running separately from its main app, so everyone should be able to get access to Mailbox despite the acquisition. Business InsiderThis is what the waitlist looked like just after the Dropbox acquisition was announced. More: Mailbox Dropbox facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 0 All Comments 0 Apply To Be An "Insider" » Loading 528,000 People Are Still Waiting In Line For Mailbox, The 37-Day-Old App Dropbox Just Acquired 528,000 People Are Still Waiting In Line For Mailbox, The 37-Day-Old App Dropbox Just Acquired Gentry Underwood sure makes entrepreneurship look easy. Recommended For You Featured Neil deGrasse Tyson and Al Gore on the future of our planet — and everything else More "Innovators" » My husband and I are business partners who just had our first child — here's how we make it work More "What Matters" » Get Tech Emails & Alerts Sign-Up Learn More » Tech Select Tech Chart Of The Day Business Insider Select 10 Things In Tech You Need To Know Mobile Insights BII Mobile Insights More Featured Business Insider Select Tech Select Tech Chart Of The Day Markets Chart Of The Day 10 Things Before the Opening Bell Instant MBA Business Insider Events BI Intelligence Daily Finance Finance Select Markets Select Monday Scouting Report Your Money Select Financial Advisor Insights Smart Investor CFO Insider Finance Insider Wealth Advisor Select Strategy Strategy Select Advertising Select Retail Select Careers Select 10 Things You Need To Know In Advertising Politics Politics Select Military Select Life Life Select Transportation Select Education Select Entertainment Select Breaking News Tech Enterprise Select Science Select Mobile Chart Of The Day E-Commerce Chart Of The Day Payments Chart Of The Day Digital Media Chart Of The Day IoT Chart of the Day Fintech Briefing Charts of the Day Sports Chart Of The Day Top 10 Things 10 Things In Tech You Need To Know Closing Bell Sports Sports Latest Research Our 25 Top Tech Predictions The Payments Ecosystem Report The Fintech Ecosystem Report The Internet of Things Report Read Business Insider On The Go Available for iPhone, iPad, and Android Find A Job Tech Jobs C-Level Jobs Media Jobs Design Jobs Finance Jobs Sales Jobs See All Jobs » Thanks to our partners * Copyright © 2016 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Stock quotes by finanzen.net Made in NYC International Editions: UKDEAUSIDINMYSG

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Here's How Facebook's Acquisition Of LiveRail Fits Into The Video Advertising Ecosystem - Business Insider Tech BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All Continue to Business Insider » You will be redirected in seconds. × From To You have successfully emailed the post. How Facebook's Acquisition Of LiveRail Fits Into The Video Ad Ecosystem Mark Hoelzel Jul. 3, 2014, 10:20 AM 1,626 facebook linkedin twitter email print Facebook has just acquired LiveRail, a leading online video advertising platform, and the move is indicative of just how important video and video ad tech are becoming to publisher's revenue streams. LiveRail was the top U.S. video ad property in March 2014 by number of ads served (see BI Intelligence chart right), at nearly 3.9 billion, according to comScore. LiveRail, which connects publishers and advertisers, has customers including PBS and Sony Pictures. Online video ads are one of the fastest-growing ad mediums, far outpacing growth in spending on television and other digital formats, so it makes sense that Facebook would be going after one of the biggest video ad properties out there. Online video ad viewing exploded in 2013. Over 35 billion video ads were viewed in the U.S. in December.  In a new report from BI Intelligence we explore the key drivers of the skyrocketing growth of video ads, examine the cost and performance of the emerging digital ad format, and look at the major players that are shaping the industry. Access The Full Report By Signing Up Today » Here are some of the key trends we explore in the report: Online video ad revenue will reach nearly $5 billion in 2016, up from $2.8 billion in 2013, while TV ad revenue will decline by nearly 3% per year during the same time period. Video ad views exploded in 2013, topping over 35 billion views in December, averaging over 100% year-over-year monthly growth during the year. Online video ads are significantly more expensive than other formats, but prices are steadily declining as more publishers rush into video, and placements open up. Video ads have an average click-through rate (CTR) of 1.84%, the highest click-through rate of all digital ad formats. Viewability, the question of whether video ads are actually seen by multitasking online viewers, has emerged as an issue, but we believe that overall demand for online video is too high for viewability to put too much of a crimp in the video ad market. Streaming devices and connected TV accounted for just 2% of online video ad views in the fourth quarter of 2013, but companies like BrightLine are experimenting with formats to grow this new niche market. In full, the report: Explores the key drivers of the growth of online video ads Examines how video ads stack up against other digital advertising formats in terms of both cost and performance. Looks at the issue of viewability, and explains how the problem could impact future spending on video ads. Outlines the major players in the video ad space. Explains how startups like BrightLine and Alphonso are using innovative approaches to bridge the gap between digital and TV ad spend.  For full access to all BI Intelligence's charts and analysis on the video industry, sign up and get started. More: BI Intelligence Online Video Video Ads YouTube Facebook Facebook Ads facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 0 All Comments 0 Apply To Be An "Insider" » Loading How Facebook's Acquisition Of LiveRail Fits Into The Video Ad Ecosystem How Facebook's Acquisition Of LiveRail Fits Into The Video Ad Ecosystem Facebook is looking to cash in on one of the fastest-growing ad formats with this acquisition. 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Undertone Acquired by Perion for $180 Million Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Email icon An envelope. It indicates the ability to send an email. Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Subscribe Subscribe Business The word Business Life The word Life News The word News Reviews The word Reviews Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. 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Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Good Subscriber Account active since Shortcuts Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Profile Newsletters FAQs Subscription Log out US Markets Loading... H M S In the news Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE Subscribe Subscribe Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Advertising NYC ad tech company Undertone has been acquired by Israel-based Perion for $180 million Lara O'Reilly 2015-12-01T14:53:08Z Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link. It symobilizes a website link url. Copy Link Undertone CEO Corey Ferengul. Undertone US-based ad tech startup Undertone has been acquired by publicly-listed Israeli marketing software company Perion in an all-cash deal worth $180 million.In acquiring Undertone, Perion will have a bigger presence in the US — the biggest digital advertising market in the world. Undertone specializes in serving what it calls "high-impact ads." It differentiated itself by focusing on the creative, media, and tech needed to allow big-spending advertisers to pay for video and other forms of interactive digital ads that work across all different sizes of screens.Undertone was founded in Ney York City 2001 and has around 275 employees across eight offices. It generated $89 million in net revenue in the first nine months of $104 million and reported adjusted EBITDA of $14.6 million. Ahead of the acquisition, the company had raised $40 million in funding, and as part of the deal Perion will take on Undertone's $50 million in long-term debt.Combined, the two companies are estimated to generate $350 million in net revenue this year and will have 660 employees across seven countries.In a press release, Perion CEO Josef Mandelbaum, said: "In Undertone we have found a premium brand company of scale and profitability, with a differentiated sustainable position in the market. Together we firmly establish ourselves as the leader in delivering high-quality advertising solutions for publishers and brands. In addition to providing strong cash flow and revenue diversification, Undertone will add significant depth and talent to our company. With this acquisition we intend to become synonymous with engaging and impactful advertising solutions for brands and publishers." In the short-term, Undertone will operate independently from Perion as the two companies work out how they can best integrate together. Undertone CEO Corey Ferengul will continue in his current role.Perion does already have a small footprint in the US, mostly thanks to its $42 million acquisition of ad aggregation platform Grow Mobile in 2014. Ad tech stocks had a rocky Q3. LUMA Partners Tuesday's acquisition marks the latest chapter in the ongoing consolidation of the ad tech market. Industry observers suggest there will be plenty more acquisitions and mergers in 2016 to match the kind of activity seen this year as internet like giants like Google and Facebook bid to build out their ad tech stacks and non-traditional players such as enterprise software firms and telcos begin to get into the ad tech game. Meanwhile, many ad tech startups are fearful of the public markets, given the recent poor performances of most of the publicly-listed ad tech companies.Lots of companies have been snapped up in recent months, including Verizon's $4.4 billion purchase of AOL, and months later AOL's $238 million acquisition of Millennial Media. Elsewhere, News Corp acquired Unruly in a deal worth $176 million, and IronSource merged with Supersonic, to name but a few.The press release announcing the Undertone acquisition states that the transaction will include: $91 million in cash; an additional $16 million as a holdback payable in 18 months; $3 million payable in instalments over the next 18 months; and another $20 million, bearing interest, due in 2020. As aforementioned, Perion has also entered into a new long-term credit agreement with Undertone's lenders — SunTrust Robinson Humphreys, Silicon Valley Bank, and Commercial Bank — for $50 million. Sign up for notifications from Insider! 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Fotolog Acquired, Reported $100M Price Said a Shade High - Business Insider Tech BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All × From To You have successfully emailed the post. Fotolog Acquired, Reported $100M Price Said a Shade High Dan Frommer Aug. 22, 2007, 4:22 PM 87 20 facebook linkedin twitter email print NY-based photo-sharing site/social network Fotolog has been acquired, a source familiar with the deal confirms. Valleywag reported earlier today that Fotolog fetched more than $100 million from a "large Latin American company." Our source suggests that figure is a bit high. UPDATE: Deal announced. France-based Hi-Media Group will pay $90 million in stock and cash for Fotolog. Fotolog recently hit the 10 million member mark, with its user base predominantly located in Europe and Latin America. A $100 million acquisition means about $10 per user -- more than the roughly $7 per user Photobucket fetched from Fox Interactive Media in its reported $250 million cash/$50 million earnout acquisition earlier this year.  Fotolog is more of a destination site than Photobucket, which probably accounts for most of the difference (with the caveat that International users are generally valued less highly than domestic ones). Meetup founder and CEO Scott Heiferman founded Fotolog in 2002. Last month, the company inked a 3-year search and advertising deal with Google that we estimate is worth a total of $75 million. The company raised $4 million from BV Capital and 3i last fall. More: Deals Fotolog facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 0 All Comments 20 Apply To Be An "Insider" » Loading Fotolog Acquired, Reported $100M Price Said a Shade High Fotolog Acquired, Reported $100M Price Said a Shade High NY-based photo-sharing site/social network... Recommended For You Featured These high-tech classes are the coolest thing happening in schools today More "Future Now" » Neil deGrasse Tyson and Al Gore on the future of our planet — and everything else More "Innovators" » Get Tech Emails & Alerts Sign-Up Learn More » Tech Select Tech Chart Of The Day Business Insider Select 10 Things In Tech You Need To Know Mobile Insights BII Mobile Insights More Featured Business Insider Select Tech Select Tech Chart Of The Day Markets Chart Of The Day 10 Things Before the Opening Bell Instant MBA Business Insider Events BI Intelligence Daily Finance Finance Select Markets Select Monday Scouting Report Your Money Select Financial Advisor Insights Smart Investor CFO Insider Finance Insider Wealth Advisor Select Strategy Strategy Select Advertising Select Retail Select Careers Select 10 Things You Need To Know In Advertising Politics Politics Select Military Select Life Life Select Transportation Select Education Select Entertainment Select Breaking News Tech Enterprise Select Science Select Mobile Chart Of The Day E-Commerce Chart Of The Day Payments Chart Of The Day Digital Media Chart Of The Day IoT Chart of the Day Fintech Briefing Charts of the Day Sports Chart Of The Day Top 10 Things 10 Things In Tech You Need To Know Closing Bell Sports Sports Latest Research Our 25 Top Tech Predictions The Payments Ecosystem Report The Fintech Ecosystem Report The Internet of Things Report Read Business Insider On The Go Available for iPhone, iPad, and Android Find A Job Tech Jobs C-Level Jobs Media Jobs Design Jobs Finance Jobs Sales Jobs See All Jobs » Thanks to our partners * Copyright © 2016 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Made in NYC Stock quotes by finanzen.net International Editions: UKDEAUSIDINMYSGPLSE

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What Yahoo Wants To Buy - Business Insider Tech BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All × From To You have successfully emailed the post. A Source Met With Marissa Mayer's Acquisitions Team, And This Is What They Said They Want To Buy Nicholas Carlson Jan. 18, 2013, 8:48 AM 12,674 16 facebook linkedin twitter email print Fortune Live Media See Also Marissa Mayer was 'outraged' people were comparing Yahoo to AOL 11 things other CEOs could learn from Marissa Mayer’s struggle to turn around Yahoo Yahoo CEO Marissa Mayer got a $6 million pay cut last year, but still got $36 million A source of ours met with Yahoo's corporate development team sometime during the past few months. This source said the team was open about the kinds of startups and companies CEO Marissa Mayer would like to buy. Here is what they said. Primarily Yahoo wants to buy small, failed startups with excellent teams for very little money. This is what's known as the "aqui-hire." These days, it's a common way for big tech companies to hire talented, entrepreneurial people. Otherwise, Yahoo has a lot of cash available and it's willing to spend big, but only if the target company meets two criteria. It must: Be very strong in mobile. Enhance one of Yahoo's current brands, in particular Yahoo Sports and Yahoo Finance. As an example, this source said that if Turner had not just acquired Bleacher Report for $200 million, it would be the kind of company that Yahoo, under Mayer, would have taken a long look at aquiring.   The mobile requirement makes a ton of sense. Yahoo has a large total audience in mobile because the default iPhone weather app carries its branding. But the data that powers that app is provided by the Weather Channel. And while Yahoo has strong reach and 70+ mobile apps, users don't spend much time with its product on mobile. Check out this chart from Goldman Sachs (which we hear is working with Yahoo on strategy):   Another reason why Yahoo needs mobile help is that it depends on traffic to its Webpages from home PCs, and those are being replaced by tablets. Check out this chart from our presentation on the Death Of The PC: More: Yahoo Marissa Mayer Mergers And Acquisitions facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 2 All Comments 16 Apply To Be An "Insider" » Loading A Source Met With Marissa Mayer's Acquisitions Team, And This Is What They Said They Want To Buy A Source Met With Marissa Mayer's Acquisitions Team, And This Is What They Said They Want To Buy Yahoo has a lot of cash available and it's willing to spend big, but only if the target company meets two criteria. Recommended For You Featured Neil deGrasse Tyson and Al Gore on the future of our planet — and everything else More "Innovators" » My husband and I are business partners who just had our first child — here's how we make it work More "What Matters" » Get Tech Emails & Alerts Sign-Up Learn More » Tech Select Tech Chart Of The Day Business Insider Select 10 Things In Tech You Need To Know Mobile Insights BII Mobile Insights More Featured Business Insider Select Tech Select Tech Chart Of The Day Markets Chart Of The Day 10 Things Before the Opening Bell Instant MBA Business Insider Events BI Intelligence Daily Finance Finance Select Markets Select Monday Scouting Report Your Money Select Financial Advisor Insights Smart Investor CFO Insider Finance Insider Wealth Advisor Select Strategy Strategy Select Advertising Select Retail Select Careers Select 10 Things You Need To Know In Advertising Politics Politics Select Military Select Life Life Select Transportation Select Education Select Entertainment Select Breaking News Tech Enterprise Select Science Select Mobile Chart Of The Day E-Commerce Chart Of The Day Payments Chart Of The Day Digital Media Chart Of The Day IoT Chart of the Day Fintech Briefing Charts of the Day Sports Chart Of The Day Top 10 Things 10 Things In Tech You Need To Know Closing Bell Sports Sports Latest Research Our 25 Top Tech Predictions The Payments Ecosystem Report The Fintech Ecosystem Report The Internet of Things Report Read Business Insider On The Go Available for iPhone, iPad, and Android Find A Job Tech Jobs C-Level Jobs Media Jobs Design Jobs Finance Jobs Sales Jobs See All Jobs » Thanks to our partners * Copyright © 2016 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Stock quotes by finanzen.net Made in NYC International Editions: UKDEAUSIDINMYSG

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Wish Rejects Acquisition Offers? Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Subscribe Subscribe Business The word Business Life The word Life News The word News Reviews The word Reviews Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. 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It often indicates a user profile. Log in Subscribe Subscribe Newsletters World globe An icon of the world globe, indicating different international options." US Edition US INTL Asia Deutschland & Österreich Australia España India Japan México Netherlands Polska South Africa Get the Insider App Click here to learn more A leading-edge research firm focused on digital transformation. See our Research Facebook Icon The letter F. Twitter icon A stylized bird with an open mouth, tweeting. LinkedIn icon The word "in". YouTube icon A play button in the shape of a television screen. Instagram icon A stylized camera. * Copyright © 2022. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy. Sitemap Disclaimer Accessibility Commerce Policy CA Privacy Rights Coupons Made in NYC Jobs Stock quotes by finanzen.net Reprints & Permissions Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Good Subscriber Account active since Shortcuts Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Profile Newsletters FAQs Subscription Log out US Markets Loading... H M S In the news Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE Subscribe Subscribe Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Tech Amazon and Alibaba have approached 5-year-old startup Wish, but the CEO seems to want more than $10 billion Alyson Shontell 2015-11-12T19:52:49Z Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link. It symobilizes a website link url. Copy Link Wish CEO and cofounder Peter Szulczewski. Peter Szulczewski/LinkedIn Maybe you haven't heard of Wish, the five-year-old e-commerce startup.But all the major e-commerce players have. Sources close to the company say that Amazon and Alibaba have talked about buying it in the past year. And the price they're talking about is jaw-dropping. The most interesting rumor is that Amazon recently offered $10 billion in cash for Wish — and Wish walked.$10,000,000,000!So is the $10 billion rumor true?Here's what we've pieced together after talking to a half-dozen people familiar with, and close to, the company. The magic numberWish has been described as the e-commerce company Fab was supposed to be. It sells cheap but stylish products by optimizing social channels like Facebook. Its layout resembles Pinterest, but on Wish everything is for sale, and you'll be hard-pressed to find an item that costs more than $25.The company has reportedly raised close to $600 million and been valued at $3 billion or more by investors. But it hasn't gotten much press because CEO Peter Szulczewski doesn't want or need any. When we first reached out to Szulczewski, in December 2014, he wrote that he was "humbled and a bit surprised" to find himself on Business Insider's radar, since he and the company "try to keep a very low profile." Wish gets merchants to bid on prices so it can bring the lowest-cost items possible to its users. Alibaba uses a similar approach. Wish Everyone we've spoken with agrees. Alibaba and Amazon have had acquisition talks with Wish in the past year.One person close to top players at Wish says Amazon recently offered $10 billion in cash to buy the company, and Wish's CEO walked away. Another person who's friendly with top Wish people said they'd heard the $10 billion rumor as well, but that number may actually reflect a new valuation Wish is raising at, not an acquisition offer. We circled back to the first person who said that the $10 billion rumor was "clearly conveyed" as an all-cash Amazon offer, not a fundraise.The most likely case is that Wish has had "soft" talks with Alibaba and Amazon. But the discussions never resulted in a serious written bid for the startup for two reasons:Szulczewski doesn't want to sell.If he were to sell, he wouldn't budge unless the offer was more than $10 billion.Amazon and Alibaba aren't willing to pay more than $10 billion for Wish, a person with knowledge of the situation says. But Szulczewski thinks he can grow his startup to at least $100 billion in gross sales — or one-quarter the revenue of Walmart — in which case Wish would be worth more than $10 billion. Wish is already on track for annual gross revenues of single-digit billions, people familiar with the company say. And the margins are really good. One person estimated that Wish takes home roughly 11% of gross revenue, so it's possible the company is profitable on net revenue of around $1 billion. Wish is a lean operation — we're talking less than a few hundred employees. LinkedIn says its headcount is between 11 and 50 people.The company gets merchants in China to compete on price so it can offer customers unbelievably cheap items. One person familiar with the business says Wish has about 100 million users across its platform and works with over 100,000 merchants, it's popular in the US and Europe, and it's become masterful at converting customers through social channels. The key to Wish's success seems to be its customer-acquisition strategy and its data-driven approach. Most of Wish's sales are on mobile, not desktop.When reached for comment, Amazon said it doesn't comment on rumors or speculation. Wish and Alibaba did not immediately respond to requests for comment. Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications Newsletter Get the latest tech news & scoops — delivered daily to your inbox. Loading Something is loading. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy. Deal icon An icon in the shape of a lightning bolt. For you NOW WATCH: More: Amazon Alibaba wish Deal icon An icon in the shape of a lightning bolt. For you Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. 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Insurer Travellers Acquires Simply Business for $490 Million Insider logo The word "Insider". Set up later Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. BI Prime Intelligence Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Subscribe Subscribe Business The word Business Life The word Life News The word News Reviews The word Reviews Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. 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It often indicates a user profile. Log in Subscribe Subscribe Newsletters World globe An icon of the world globe, indicating different international options." US Edition US INTL Australia Deutschland & Österreich España France India Italia Japan México Nederland Nordic Polska South Africa A leading-edge research firm focused on digital transformation. See our Research Facebook Icon The letter F. Twitter icon A stylized bird with an open mouth, tweeting. LinkedIn icon The word "in". YouTube icon A play button in the shape of a television screen. Instagram icon A stylized camera. * Copyright © 2021. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy. Sitemap Disclaimer Commerce Policy CA Privacy Rights Coupons Made in NYC Jobs Stock quotes by finanzen.net Reprints & Permissions Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Good Subscriber Account active since Edit my Account Free subscriber-exclusive audiobook! “No Rules Rules: Netflix and the Culture of Reinvention” Get it now on Libro.fm using the button below. Redeem your free audiobook Premium Articles Upgrade Membership Newsletter Preferences My Subscription FAQs Log out US Markets Loading... H M S DOW -0.00% S&P 500 -0.00% NASDAQ 100 -0.00% Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE Subscribe Subscribe Premium Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Finance UK business insurance platform Simply Business is getting bought by US giant Travelers for £400 million Oscar Williams-Grut 2017-03-13T14:14:03Z Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link. It symobilizes a website link url. Copy Link This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Jason Stockwood, CEO Simply Business. Simply Business LONDON — Simply Business, the UK’s largest business insurance broker, is being sold to US insurance giant The Travelers Companies for $490 million (£400 million).Private equity-owned Simply Business, operational since 2005, is the UK's leading online broker for business insurance. The company has over 400,000 customers, many of them tradesmen, made a pre-tax profit of £5 million in 2015, according to accounts filed at Companies House.It works with the likes of Hiscox, Axa, and Zurich, who underwrite the policies its sells.Travelers, which offers home, personal, and car insurance , had revenues of $28 billion (£22.9 billion) last year. The acquisition comes amid a wave of interest in the so-called "InsurTech" —insurance technology — sector and Travelers' CEO Alan Schnitzer says the deal is about improving innovation within the company, which is over 160 years old.Schnitzer says in a release announcing the deal: "With technology and innovation driving customer preferences and expectations, advancing our digital agenda to best serve our customers and the marketplace is a key strategic priority."Simply Business was acquired by Aquiline Capital Partners in April last year for £120 million.Jason Stockwood, CEO of Simply Business, said: "This is a tremendous opportunity for our company and employees, as well as a strong validation of our business model. The company launched its first US office in December and Stockwood says: "I am excited about Simply Business benefiting from Travelers’ extensive knowledge of the US market as we develop our approach there, as well as the resources it has to support potential expansion into additional markets. Our shared values and commitment to innovation make this transaction a perfect fit." Read the original article on Business Insider UK. Copyright 2017. Follow Business Insider UK on Twitter. Was this article valuable for you? Yes No Additional comments Email (optional) Receive a selection of our best stories daily based on your reading preferences. Submit Newsletter An inside look at the billion-dollar deals, big ideas, and personalities dominating Wall Street. Loading Something is loading. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy. NOW WATCH: More: Fintech Insurance Simply Business M&A Deal Travellers BI Prime Archive Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Follow us on: * Copyright © 2021 Insider Inc. All rights reserved. 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Facebook Employees WhatsApp Acquisition - Business Insider Tech BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All × From To You have successfully emailed the post. Here's How Facebook Employees *Really* Feel About The WhatsApp Acquisition Jillian D'Onfro Feb. 24, 2014, 5:34 PM 29,148 6 facebook linkedin twitter email print Wikimedia Commons See Also Five must-know retail trends in mobile and social marketing Here's how Jack Dorsey reacted when asked about Facebook's desire to 'own' live video You could start seeing ads in Facebook Messenger based on the websites you visit When Facebook bought messaging app WhatsApp for $19 billion, our jaws may have dropped at the massive price, but the deal seemed to make sense.  How did it look to insiders, though? A recent Quora post asked Facebook employees how they felt about the big news. Several confessed that they had a moment of envy when they thought about the enormous payout WhatsApp employees would get. Others said it made them reconsider their jobs.  Here are the best answers:  One Facebook employee needed to vent about it with her colleagues: "I had a holy-shit moment when I heard about the deal and thought how rich I would have been if I had worked at WhatsApp instead. Vented steam with some colleagues. Trolled the web for my fill of articles on WhatsApp and on the deal. Towards the evening realized that Facebook compensates me very generously and I am happy with my work. Almost everyone whom I talk to at Facebook feels that the deal is a long term win. I am over it and back full tilt into my work." Another said that it made him reconsider how much his work mattered at FB: "I work at FB. Everyone I have spoken to is excited to have them on board. But I have noticed some employees take a check-in into their own career and impact and had a bit of a light switch go off that maybe a smaller startup may be a better place for them than FB in terms of impact they could be making. I would be lying if I said I didn't feel the same way." REUTERS/Romeo Ranoco A money changer inspects U.S. dollar bills at a currency exchange in Manila January 15, 2014.Ultimately though, employees know that they've got it pretty good: "Hey, by joining Facebook, I took the safe route with guaranteed good money and no possibility of a multi-million dollar payout. I could have instead joined a startup and earned much less money with at least a possibility of hitting it big if the startup was eventually acquired for a huge sum of money, but I didn't want to take that chance. Now I'm pissed off (in an amused sort of way) because I have to work with people who did take that chance and look at how it worked out for them. Do you feel sorry for me? I thought not." The most popular response on the Quora thread is by an anonymous user who doesn't work at Facebook now, but was around for the Instagram acquisition.  He uses a metaphor that compares Facebook and WhatsApp to two hard-working tribes. One day the chief of the larger tribe, which has 6,000 members, announces that it is inviting the smaller tribe, which has only 50 members, to join it–taking 10% of the larger tribe's resources in return for its permanent alliance.  The dwellings that the new tribe members can afford after the deal are much nicer than anyone from the larger tribe (except a few leaders) will ever be able build even after a lifetime of work. He says that the members of the large tribe go through four phases of feeling.  In Phase One they suddenly, starkly see their place in the power structure of the "tribe" (okay, company) more clearly and there is an emotional response. This gets personal and depends on each person's emotional relationship to the company and how much power they think they have or want to have. Engineers can see how loose the connection is between technical accomplishment and business value (they probably couldn't have built the tech, but could they have built the brand?).  In Phase Two, people accept their powerlessness and see that it was just a big business deal done for justifiable business reasons, and that almost nothing will change on a day-to-day basis. The author writes: "Provided the stock doesn't tank (which it didn't), this seems like an affirming indication that the tribe is strong. That's something to generally feel good about. The new team members, usually, are in fact really good. Better to be cooperating than competing. And the theory sort of makes sense, that if this new thing keeps getting more valuable, we all stand to gain. A rising tide lifts all ships." In Phase Three, people may realize that they are already part of one of the most desirable tribes on the planet. They might already be making an absurd amount of money. They realize that they are probably pretty lucky to be in such a great tribe! Cue #firstworldproblems. The fourth and final phase is ironic: "If you're self-aware enough, you may also experience first-world meta-problems, wherein you start feeling bad about yourself for feeling bad in the first place. From there, the important questions are ones for which you can't find answers on a website." SEE ALSO: 11 Quotes From WhatsApp's Billionaire Co-Founders That Show What Makes The Company Unique More: WhatsApp Facebook facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 0 All Comments 6 Apply To Be An "Insider" » Loading Here's How Facebook Employees *Really* Feel About The WhatsApp Acquisition Here's How Facebook Employees *Really* Feel About The WhatsApp Acquisition When Facebook bought messaging app WhatsApp for... 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Analysts Say Twilio Acquiring Segment Can Help It Take on Salesforce Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Subscribe Subscribe Business The word Business Life The word Life News The word News Reviews The word Reviews Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. 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It often indicates a user profile. Log in Subscribe Subscribe Newsletters World globe An icon of the world globe, indicating different international options." US Edition US INTL Asia Deutschland & Österreich Australia España France India Japan México Netherlands Polska South Africa Get the Insider App Click here to learn more A leading-edge research firm focused on digital transformation. See our Research Facebook Icon The letter F. Twitter icon A stylized bird with an open mouth, tweeting. LinkedIn icon The word "in". YouTube icon A play button in the shape of a television screen. Instagram icon A stylized camera. * Copyright © 2021. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy. Sitemap Disclaimer Accessibility Commerce Policy CA Privacy Rights Coupons Made in NYC Jobs Stock quotes by finanzen.net Reprints & Permissions Insider logo The word "Insider". Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Good Subscriber Account active since Shortcuts Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Profile Newsletters FAQs Subscription Log out US Markets Loading... H M S In the news Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE Subscribe Subscribe Premium Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Enterprise Twilio buying Segment for $3.2 billion is a 'transformational' move, according to analysts, who say it could help the ~$50 billion cloud communications firm take on giants like Salesforce and SAP Rosalie Chan 2020-10-14T16:10:00Z Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link. It symobilizes a website link url. Copy Link Twilio co-founder and CEO Jeff Lawson Twilio This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Cloud communications company Twilio announced Monday that it plans to acquire the startup Segment, which builds a platform to collect and analyze customer data. Analysts say this acquisition shows that Twilio wants to become a leader in customer engagement, and this could help it take on competitors like Microsoft, Adobe, SAP, and Salesforce. Twilio's stock price rose 6% on the news, giving it a market cap of about $50 billion, adding to its gains during the pandemic: At the beginning of March its value was about $14 billion.  Visit Business Insider's homepage for more stories. Analysts are crowing about Twilio's plan, announced Monday, to acquire the customer data analytics company Segment for $3.2 billion, because they say it could help the cloud communications company take on giants like Microsoft, Adobe, SAP, and Salesforce.Twilio has long been a hit with developers building apps that allow users to make phone calls or send text messages or emails within the app – for example, Uber and Lyft use Twilio to help drivers and passengers communicate. By buying Segment, the firm is diving into a the customer relationship management space. "This will help Twilio grow further," said Mizuho managing director Siti Panigrahi, who described the deal as "transformational." Overall, analysts agree that the acquisition, expected to close in the fourth quarter of the year, is a smart move for Twilio, because Segment would give it the ability to better understand its customers and make decisions based on this data. This would be Twilio's largest acquisition to-date (it previously acquired the email marketing platform SendGrid for $2 billion) and its stock price rose 6% following the news, giving it a market cap of nearly $50 billion.Segment collects and analyzes customer data from websites, mobile apps, and more to help businesses better understand and target customers. With Segment, Twilio is getting into an area where giants like Salesforce and SAP have long ruled, says Panigrahi."This is a very strategic acquisition," Panigrahi told Business Insider. "It expands Twilio from a communication platform to a customer engagement platform."The acquisition will help Twilio grow over 30% in the next four years as it becomes a "leading customer engagement platform," according to Panigrahi. Segment currently has over 20,000 businesses using its platform, including big name customers like Atlassian, Google, Instacart, and Peloton. Matt Stotler, research analyst at William Blair, agreed that the deal would be beneficial for both companies.  Peter Reinhardt, cofounder and CEO of Segment Segment "We also think that the combination with Twilio will provide Segment with a unique breadth of customer engagement channels, particularly in messaging, which will serve as another differentiating factor relative to potential competitors," Stotler wrote in a note to clients.  Like Twilio, Segment also builds APIs (application program interfaces), which help apps connect with and communicate with each other, although Segment's APIs focus on analyzing customer data. "That strategically really makes sense in terms of a cultural cadence strategy," Panigrahi said. Twilio itself has seen massive growth during the coronavirus pandemic. Its market cap was $14 billion at the beginning of March and had risen to $45 billion even before it announced Segment news. Read more: The CEO of $15 billion Twilio gives his best advice for startups facing a fundraising crunch in a recession: Be frugal, and focus on customers instead of investorsSegment, on the other hand, has had a tougher few months. It laid off 10% of its staff in May in anticipation of a tougher IT spending environment during the coronavirus pandemic.Got a tip? Contact this reporter via email at rmchan@businessinsider.com, Signal at 646.376.6106, Telegram at @rosaliechan, or Twitter DM at @rosaliechan17. (PR pitches by email only, please.) Other types of secure messaging available upon request. Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications Was this article valuable for you? Yes No Additional comments Email (optional) Receive a selection of our best stories daily based on your reading preferences. Submit SEE ALSO: JavaScript, Python, and Java salaries revealed: Here's how much companies like IBM, Costco, and Nike pay developers specializing in the top three programming languages Deal icon An icon in the shape of a lightning bolt. For you NOW WATCH: How billionaires saw their net worth increase by half a trillion dollars during the pandemic More: Enterprise Software Twilio Segment M&A 2020 Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Deal icon An icon in the shape of a lightning bolt. For you Follow us on: * Copyright © 2021 Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service ,  Privacy Policy and Cookies Policy . 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Marissa Mayer Makes 'Historic Win' GIF To Announce Its Official Acquisition Of $1.1 Billion Tumblr http://www.businessinsider.com/marissa-mayer-gif-to-announce-tumblr-acquisition-2013-6/comments en-us Wed, 31 Dec 1969 19:00:00 -0500 Mon, 02 May 2016 21:34:15 -0400 Alyson Shontell http://www.businessinsider.com/c/51c32402eab8ea1426000019 Astropig Thu, 20 Jun 2013 11:47:14 -0400 http://www.businessinsider.com/c/51c32402eab8ea1426000019 Mayer can find a billion plus for this toy but can't get Yahoo Finance to work correctly.Tells us all we need to know about investing in Yahoo.

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Is Facebook On The Brink Of Another Major Acquisition? - Business Insider Tech BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All Continue to Business Insider » You will be redirected in seconds. × From To You have successfully emailed the post. Is Facebook On The Brink Of Another Major Acquisition? Jennifer O'Mahony, The Daily Telegraph Dec. 3, 2012, 7:44 AM 2,978 2 facebook linkedin twitter email print AP See Also Here's why RBS is using Facebook to replace company emails Meet the former Facebook bigwig making sure startups and DC politics get along Find out how today's hottest marketing and advertising execs are shaping their industries at IGNITION 2015 Facebook could bid to acquire WhatsApp, the mobile messaging app, as it aims to extend its mobile reach. The rumoured acquisition, reported by TechCrunch today, comes after CEO Mark Zuckerberg declared last month that the future of his company lay in mobile devices. “The big thing is obviously going to be mobile,” Zuckerberg told BusinessWeek in early October. “There are 5 billion people in the world who have phones.” WhatsApp is an app that allows users to message one another via smartphone over the internet, and aggregates users' contacts from email, chat and social networks. According to WhatsApp developers, their servers handle more than ten billion messages per day, and it has all but replaced text messages for teenagers who resent paying for texts or quickly reach their allotted number on cheap Pay-As-You-Go contracts. The messaging app has users in more than a hundred countries on 750 mobile networks, and its users span operating systems including Apple's iOS, Google's Android, RIM's BlackBerry, Nokia S40, Symbian and Windows Phone platforms. According to TechCrunch, WhatsApp is currently looking for translators in Arabic, Danish, Dutch, Farsi, Filipino, Finnish, French, German, Hebrew, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Norwegian, Polish, Portuguese (Brazil), Russian, Simplified Chinese, Spanish, Swedish, Thai, Traditional Chinese, Turkish, Urdu, “and many more languages.” The Android version of the app has been downloaded more than a hundred million times from Google's Play Store, and is free for the first year of usage. The Apple version from the App store is $0.99 (£0.61). It is thought Mr Zuckerberg was impressed with WhatsApp's ability to raise revenue outside advertising, which has until now been Facebook's main source of income. Read the original article on The Daily Telegraph. Copyright 2012. More: Facebook Mergers And Acquisitions facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 1 All Comments 2 Apply To Be An "Insider" » Loading Is Facebook On The Brink Of Another Major Acquisition? Is Facebook On The Brink Of Another Major Acquisition? Facebook is said to be in talks with popular messaging service WhatsApp. Recommended For You Featured How data is saving the retail industry More "Digital Business Decoded" » 3 types of insurance that can protect your family for years to come More "World 2.0" » Get Tech Emails & Alerts Sign-Up Learn More » Tech Select Tech Chart Of The Day Business Insider Select 10 Things In Tech You Need To Know Mobile Insights BII Mobile Insights More Featured Business Insider Select Tech Select Tech Chart Of The Day Markets Chart Of The Day 10 Things Before the Opening Bell Instant MBA Business Insider Events BI Intelligence Daily Finance Finance Select Markets Select Monday Scouting Report Your Money Select Financial Advisor Insights Smart Investor CFO Insider Prime Finance Strategy Strategy Select Advertising Select Retail Select Careers Select null Politics Politics Select Military Select Life Life Select Transportation Select Education Select Entertainment Select null Tech Enterprise Select Science Select Mobile Chart Of The Day E-Commerce Chart Of The Day Payments Chart Of The Day Digital Media Chart Of The Day IoT Chart of the Day Charts of the Day Sports Chart Of The Day Top 10 Things 10 Things In Tech You Need To Know Closing Bell Sports Sports Latest Deals The Trendsetter Gift Guide Holiday Central Latest Research FREE: Mobile Payments - Everything You Need to Know The Messaging App Report The Internet of Things 2015 Report The Digital Disruption of Retail Banking Read Business Insider On The Go Available for iPhone, iPad, and Android Find A Job Tech Jobs C-Level Jobs Media Jobs Design Jobs Finance Jobs Sales Jobs See All Jobs » Thanks to our partners * Copyright © 2015 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Powered by MongoDB Stock quotes by finanzen.net Made in NYC International Editions: UKDEAUSIDINMYSG

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Yahoo Acquires Snip.It - Business Insider BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All × From To You have successfully emailed the post. Yahoo Is In Talks To Buy A Site We Actually Use, Snip.It Kevin Smith Jan. 22, 2013, 3:01 PM 3,265 5 facebook linkedin twitter email print APNews just broke via AllThingsD that Yahoo is poised to acquire startup Snip.It. Snip.It is a social site that resembles a mash up of Pinterest's collections and Instapaper's ability to save links for consumption later. AllThingsD reports,  Snip.it was founded by Ramy Adeeb, who was formerly a principal at Khosla Ventures, and has funding from Khosla, True Ventures, Charles River Ventures and SV Angel. Yahoo is paying “mid teens” of millions of dollars for the company, according to an AllThingsD source. Snip.ItHere's what my Snip.It profile looks like. Users organize links into collections and followers subscribe to collections based on their interests. Snip.It has a pretty robust analytics feature baked in too so you can see exactly how many people are digesting the content that you curate. I've been using Snip.It for some time now as a way to simply remember links that I want to read later.  Mayer's intent to acquire Snip.It falls in line with her plans for the future of Yahoo. We're not sure what will happen to Snip.It after acquisition but hopefully it won't fade out of existence. Don't Miss: A Source Met With Marissa Mayer's Acquisitions Team, And This Is What They Said They Want To Buy > More: Yahoo Acquisition Start-Up Pinterest Instapaper facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 0 All Comments 5 Apply To Be An "Insider" » Loading Yahoo Is In Talks To Buy A Site We Actually Use, Snip.It Yahoo Is In Talks To Buy A Site We Actually Use, Snip.It A hybrid of Pinterest and Instapaper. Recommended For You Featured Neil deGrasse Tyson and Al Gore on the future of our planet — and everything else More "Innovators" » My husband and I are business partners who just had our first child — here's how we make it work More "What Matters" » Get Business Insider Emails & Alerts Sign-Up Learn More » Business Insider Select More Featured Business Insider Select Tech Select Tech Chart Of The Day Markets Chart Of The Day 10 Things Before the Opening Bell Instant MBA Business Insider Events BI Intelligence Daily Finance Finance Select Markets Select Monday Scouting Report Your Money Select Financial Advisor Insights Smart Investor CFO Insider Finance Insider Wealth Advisor Select Strategy Strategy Select Advertising Select Retail Select Careers Select 10 Things You Need To Know In Advertising Politics Politics Select Military Select Life Life Select Transportation Select Education Select Entertainment Select Breaking News Tech Enterprise Select Science Select Mobile Chart Of The Day E-Commerce Chart Of The Day Payments Chart Of The Day Digital Media Chart Of The Day IoT Chart of the Day Fintech Briefing Charts of the Day Sports Chart Of The Day Top 10 Things 10 Things In Tech You Need To Know Closing Bell Sports Sports Latest Research Our 25 Top Tech Predictions The Payments Ecosystem Report The Fintech Ecosystem Report The Internet of Things Report Read Business Insider On The Go Available for iPhone, iPad, and Android Find A Job Tech Jobs C-Level Jobs Media Jobs Design Jobs Finance Jobs Sales Jobs See All Jobs » Thanks to our partners * Copyright © 2016 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Stock quotes by finanzen.net Made in NYC International Editions: UKDEAUSIDINMYSG

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Check Out The Rap Video Woot Made To Announce Its Amazon Acquisition http://www.businessinsider.com/wowsers-check-out-this-rap-video-woot-made-to-announce-its-amazon-acquisition-2010-6/comments en-us Wed, 31 Dec 1969 19:00:00 -0500 Mon, 02 May 2016 07:04:35 -0400 Jay Yarow http://www.businessinsider.com/c/4c2c68b67f8b9a007eac0400 bodz Thu, 01 Jul 2010 06:06:45 -0400 http://www.businessinsider.com/c/4c2c68b67f8b9a007eac0400 Reading the above title - "Check Out The Rap Video Woot Made To Announce Its Amazon Acquisition", it sounds like Woot acquired Amazon. Also, I like how Business Insider capitalizes every word in a title. It is awkward but it is something that you do if you don't know the capitalization rules for a title. http://www.businessinsider.com/c/4c2be75c7f8b9a454f1e0100 seriously brilliant Wed, 30 Jun 2010 20:54:52 -0400 http://www.businessinsider.com/c/4c2be75c7f8b9a454f1e0100 nothing says "we made it" like a press release by a rapping monkey. Just frigging' brilliant! http://www.businessinsider.com/c/4c2be0867f8b9a1405160200 coolrepublica Wed, 30 Jun 2010 20:25:42 -0400 http://www.businessinsider.com/c/4c2be0867f8b9a1405160200 This the way you put out a press release. This video cracks me up. Never heard of woot. But this video had branding, company culture down in 1:25 minutes. Amazing. Well I wish them luck. Great job on the video guys. A+ work.

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Google Is Close To Acquiring Personalized News Startup Wavii - Business Insider Tech BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All Continue to Business Insider » You will be redirected in seconds. × From To You have successfully emailed the post. Google Is Close To Acquiring Personalized News Startup Wavii Jay Yarow Apr. 19, 2013, 3:33 PM 4,801 facebook linkedin twitter email print ScreenshotWavii See Also Google has an amazing hidden 'Star Wars' joke right in the search engine Alphabet is reportedly going to make its subsidiaries pay for Google's services 'We're all in': Microsoft is committed to taking on Google Google is close to acquiring news reading startup Wavii, according to a source. We have reached out to the company and Google. Both Wavii and Google declined to comment. We don't know the price range. We've been told it's less than $30 million. (TechCrunch followed our report and says it's north of $30 million.) Wavii is a Seattle-based startup. It was founded in March 2009, and was in stealth mode for many years. It raised $2 million in seed funding from a strong list of investors that includes Felicis Investments, SV Angel, CrunchFund, Mitch Kapor, Max Levchin, and others, according to CrunchBase. Wavii seems to be a lot like Summly, the $30 million summarization company Yahoo acquired. Time's tech writer Harry McCracken described Wavii by saying, "Wavii scours the web, finds news, and summarizes it, with links to full articles from an array of sources." It was founded by Adrian Aoun, a former Microsoft employee. A year ago we reported that it was getting acquisition offers from Google and Microsoft before it even launched. The difference between Summly and Wavii, and the reason it's drawn so much interest is that it uses its own natural language summarization technology. In an interview with us last year, Aoun said, "Since a young age, I had been surrounded by the study of language. My father, a linguist who studied under Chomsky at MIT, taught me plenty about how humans learn to speak. I realized I could mimic this learning with a piece of software, and in essence, get a computer to read the web, and thus power the product that I wanted to build." We're not sure what Google is going to do with Wavii, but it seems like something that could fit with Google+ or Google News. More: Google Wavii facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 0 All Comments 0 Apply To Be An "Insider" » Loading Google Is Close To Acquiring Personalized News Startup Wavii Google Is Close To Acquiring Personalized News Startup Wavii Wavii was in stealth for years and has attracted a lot of interest. Recommended For You Featured How data is saving the retail industry More "Digital Business Decoded" » 3 types of insurance that can protect your family for years to come More "World 2.0" » Get Tech Emails & Alerts Sign-Up Learn More » Tech Select Tech Chart Of The Day Business Insider Select 10 Things In Tech You Need To Know Mobile Insights BII Mobile Insights More Featured Business Insider Select Tech Select Tech Chart Of The Day Markets Chart Of The Day 10 Things Before the Opening Bell Instant MBA Business Insider Events BI Intelligence Daily Finance Finance Select Markets Select Monday Scouting Report Your Money Select Financial Advisor Insights Smart Investor CFO Insider Prime Finance Strategy Strategy Select Advertising Select Retail Select Careers Select null Politics Politics Select Military Select Life Life Select Transportation Select Education Select Entertainment Select null Tech Enterprise Select Science Select Mobile Chart Of The Day E-Commerce Chart Of The Day Payments Chart Of The Day Digital Media Chart Of The Day IoT Chart of the Day Charts of the Day Sports Chart Of The Day Top 10 Things 10 Things In Tech You Need To Know Closing Bell Sports Sports Latest Deals The Trendsetter Gift Guide Holiday Central Latest Research FREE: Mobile Payments - Everything You Need to Know The Messaging App Report The Internet of Things 2015 Report The Digital Disruption of Retail Banking Read Business Insider On The Go Available for iPhone, iPad, and Android Find A Job Tech Jobs C-Level Jobs Media Jobs Design Jobs Finance Jobs Sales Jobs See All Jobs » Thanks to our partners * Copyright © 2015 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Powered by MongoDB Stock quotes by finanzen.net Made in NYC International Editions: UKDEAUSIDINMYSG

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Xbox Is in Trouble, and Microsoft May Buy a Company to Fix It Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. 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H M S In the news Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Subscribe Subscribe Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Tech Xbox is in trouble — and Microsoft is considering a major acquisition to fix it Ben Gilbert 2018-01-30T16:13:51Z Save Article Icon A bookmark Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Share icon An curved arrow pointing right. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link. It symobilizes a website link url. Copy Link Download the app Phil Spencer, the head of Microsoft's Xbox division. Kevork Djansezian/Getty Images Microsoft's Xbox One platform is making ambitious moves but remains in second place behind Sony's massively successful PlayStation 4.A comparatively poor lineup of major exclusive games is a key factor in the Xbox One's weaker position.A new report from the gaming site Polygon says Microsoft is looking at a major acquisition to help the Xbox group. Valve, EA, and PUBG Corp. are all cited as potential purchases. Microsoft could buy Valve — the company behind Steam, the world's largest gaming service. Or it may buy EA — the company behind "Madden," "FIFA," and "Need for Speed."That's according to a new report from the gaming site Polygon, which cites "a reliable source close to Microsoft."Apparently, Microsoft is also eyeballing PUBG Corp., the South Korean developer in charge of what is essentially the biggest game in the world right now, "PlayerUnknown's Battlegrounds."It's unclear how far, if anywhere, these talks have gone. Microsoft representatives offered the following statement: "Microsoft does not comment on rumor or speculation." Whether any of these acquisitions make sense is a bit clearer: "Close to zero probability of buying EA," the Wedbush senior analyst Michael Pachter told me in an email. "Madden NFL 18" is the latest entry in EA's long-running football game franchise. EA That's because of what EA is: a major third-party game publisher with a huge stable of games tied directly to licenses.The "Madden" franchise exists because of EA's partnership with the NFL. The "FIFA" franchise exists because of EA's partnership with FIFA International. EA has a lengthy deal with Disney for rights to make "Star Wars" games.Most important of all, EA makes games for everything. That means your Xbox One and your PS4 and whatever else. Every "Madden" comes to PlayStation 4 and Xbox One. EA is what is known as a multiplatform publisher — it benefits from selling its games on whichever console you're playing on, including your phone. If Microsoft were to buy EA, it would do so (presumably) to retain exclusivity rights to EA's large library of games.Simply put: Microsoft would buy EA to make EA's games available only on Xbox One and PC. "Star Wars Battlefront 2" is EA's latest "Star Wars" game. EA It would be a huge blow to Sony's PlayStation 4, but it would also make the acquisition a failure."That would lower EA revenues — by a lot, unlikely to be made up by growth on Xbox — and would make a purchase prohibitively expensive," Pachter said. Though EA has a large library of intellectual property, losing the revenue of selling that IP on competing platforms would hurt too much. Valve or PUBG Corp. would perhaps make a bit more sense, but it's hard to know. Valve is a privately owned company, as is PUBG Corp.'s parent company, Bluehole Studio.Valve's Steam gaming service and storefront is tremendously valuable, as is Valve's stable of game franchises (including "Half-Life," "Portal," "Left 4 Dead," and "DOTA 2"). PUBG Corp. has the one game, "PlayerUnknown's Battlegrounds," but that one game is outrageously popular. And Microsoft has a history of acquiring outrageously popular games with long legs.Whether Valve or PUBG Corp. are even up for sale is another question; representatives for Valve and PUBG Corp. didn't respond as of publishing.Read the full Polygon report right here. Sign up for notifications from Insider! Stay up to date with what you want to know. 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Google Can't Hire Anyone, So It's Going Crazy Acquiring Companies - Business Insider Tech BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All Continue to Business Insider » You will be redirected in seconds. × From To You have successfully emailed the post. Google Can't Hire Anyone, So It's Going Crazy Acquiring Companies Jay Yarow Sep. 10, 2010, 12:10 PM 280,080 21 facebook linkedin twitter email print In the last twelve months, Google has acquired (or planned to acquire) twenty-six different companies. Why is Google going on such a crazy shopping spree? On a basic level, it can afford it, since it has billions in cash. And Google thinks its smart to invest in companies and people to turbo charge the company now for the future. But, below those superficial reasons there seems to lurk a more vexing problem for Google. It's no longer a sexy growth business, and we've heard that's making it harder for Google to attract the best and the brightest in the industry. Facebook wrested that mantle away Google. Facebook is growing like a weed, introducing new products, and most importantly pre-IPO, which means big paydays eventually for employees joining today. Google offered $500,000 to an employee who was leaving for Facebook. He turned it down and joined Facebook anyway. (We've also heard Quora is hiring lots of talent lately. More on that later.) Which, brings us to Google's acquisitions. It bought some big companies, but mostly it's smaller companies filled with industrious, intelligent, entrepreneurs. Google used to be able to just hire those people. Today, if it wants them in the Google Plex it has to buy the company they're working on. View As: One Page Slides Click here to see the companies and people that are joining Google → » More: Startups Features Google Mergers And Acquisitions Deals facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 0 All Comments 21 Apply To Be An "Insider" » Loading Google Can't Hire Anyone, So It's Going Crazy Acquiring Companies Google Can't Hire Anyone, So It's Going Crazy Acquiring Companies Google has purchased 26 companies in the past 12 months. Recommended For You Featured How data is saving the retail industry More "Digital Business Decoded" » 3 types of insurance that can protect your family for years to come More "World 2.0" » Get Tech Emails & Alerts Sign-Up Learn More » Tech Select Tech Chart Of The Day Business Insider Select 10 Things In Tech You Need To Know Mobile Insights BII Mobile Insights More Featured Business Insider Select Tech Select Tech Chart Of The Day Markets Chart Of The Day 10 Things Before the Opening Bell Instant MBA Business Insider Events BI Intelligence Daily Finance Finance Select Markets Select Monday Scouting Report Your Money Select Financial Advisor Insights Smart Investor CFO Insider Prime Finance Strategy Strategy Select Advertising Select Retail Select Careers Select null Politics Politics Select Military Select Life Life Select Transportation Select Education Select Entertainment Select null Tech Enterprise Select Science Select Mobile Chart Of The Day E-Commerce Chart Of The Day Payments Chart Of The Day Digital Media Chart Of The Day IoT Chart of the Day Charts of the Day Sports Chart Of The Day Top 10 Things 10 Things In Tech You Need To Know Closing Bell Sports Sports Latest Deals The Trendsetter Gift Guide Holiday Central Latest Research FREE: Mobile Payments - Everything You Need to Know The Messaging App Report The Internet of Things 2015 Report The Digital Disruption of Retail Banking Read Business Insider On The Go Available for iPhone, iPad, and Android Find A Job Tech Jobs C-Level Jobs Media Jobs Design Jobs Finance Jobs Sales Jobs See All Jobs » Thanks to our partners * Copyright © 2015 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Powered by MongoDB Stock quotes by finanzen.net Made in NYC International Editions: UKDEAUSIDINMYSG

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MOBILE Insider: Yahoo to Acquire Flurry — BlackBerry Hires New COO — Free New York Wi-Fi Developments Menu icon A vertical stack of three evenly spaced horizontal lines. Search icon A magnifying glass. It indicates, "Click to perform a search". Insider logo The word "Insider". 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. 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It indicates a way to close an interaction, or dismiss a notification. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE 0 Newsletters Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log in Subscribe Home Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Insider Intelligence MOBILE INSIDER: Yahoo To Acquire Flurry — BlackBerry's New COO — CIA Chooses Amazon Web Services Tony Danova 2014-07-22T11:00:00Z Save Article Icon A bookmark Facebook Icon The letter F. Email icon An envelope. It indicates the ability to send an email. Share icon An curved arrow pointing right. Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn icon The word "in". LinkedIn Fliboard icon A stylized letter F. Flipboard Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Link icon An image of a chain link. It symobilizes a website link url. Copy Link Download the app Redeem now Mobile Insider is delivered first thing every morning exclusively to BI Intelligence members.YAHOO TO BUY APP ANALYTICS COMPANY FLURRY: Yahoo will make a bid for mobile app analytics and ad platform company Flurry, according to a press release from the company, although there is no official word on the price of the deal. The move is another in a laundry list of mobile-centric companies Yahoo has acquired under CEO Marissa Mayer, including mobile news app Summly and personalized homescreen launcher Aviate.The Flurry acquisition is likely to bolster Yahoo's mobile ad business in light of its falling desktop display ad revenue. In the second quarter, Yahoo's total display ad business (including mobile) fell 7%, according to our estimates (see chart below). Looking at the mobile market more broadly, this is another move toward consolidation in the lucrative app analytics industry. In the past year, Facebook acquired analytics company Onavo last October and app analytics platform App Annie recently made a bid for competitor Distimo. HOW ARE WE DOING? TAKE OUR BI INTELLIGENCE SURVEY: We’d love to hear your thoughts on BI Intelligence. We created a survey that should only take a few minutes to fill out, and your feedback will help us make BI Intelligence even more valuable to you. What do you like? What could be improved? Would you like more or less of certain types of content? Please click here to complete the survey now. Not into surveys? We’d still like to hear from you. Just hit reply and send us your thoughts.HUAWEI HAS SUCCESSFUL FIRST HALF: Chinese smartphone maker Huawei saw its revenue jump nearly 20% year-over-year for the first half of 2014. It also earned a healthy profit margin of 18.3% for the period. Huawei has made its name within its home market of China but has more recently made strong efforts to bolster its global presence. Huawei's flagship A7 phone is now sold in over 70 countries. The vendor plans to ship some 80 million smartphones worldwide this year. In the first quarter, Huawei shipped over 13.5 million phones, giving it nearly 5% market share worldwide and making it the world's third-largest vendor, according to our estimates. THE FUTURE OF PAYMENTS: A wave of tech innovation is driving a dramatic shift in the way we make payments. BII payments analyst John Heggestuen created an in-depth, 80-slide presentation to highlight the industry trends — mobile and mobile apps, e-commerce, and the decline of cash and checks —  that are fueling the shift. The downloadable PowerPoint and PDF versions of this deck — as well as the charts and data in Excel — are available exclusively to BI Intelligence subscribers. Click here to see the future of payments. BLACKBERRY FINALLY HIRES NEW COO: BlackBerry has brought its first COO on since CEO John Chen took over the company last November amid a massive management overhaul, which included the departure of former COO Kristin Tear, reports GigaOm. Assuming the position is Marty Beard, former executive with enterprise cloud software company LiveOps. He was an associate of Chen's at their former company Sybase. The Beard hire further points to BlackBerry's intention to lessen its dependence on hardware and explore building out a revenue stream in cloud services. With its second quarter earnings report, the company announced Project Ion, its Internet of Things (IoT) program in which it will provide back-end cloud services for IoT developers. Last quarter, BlackBerry's smartphone shipments fell 76% year-over-year to just 1.6 million units and have contracted for two consecutive years (see chart below).AMAZON BUILDS CLOUD SERVICES FOR C.I.A.: Amazon Web Services, Amazon's enterprise cloud product, will begin servicing all 17 agencies that make up the U.S. Central Intelligence Agency by the end of the summer, according to The Atlantic. The cloud computing product has a value of over $600 million. Amazon originally won the contract in October 2013 ahead of IBM. This is the first time the agency has used cloud computing services from such a mainstream company. GOOGLE IN THE MIX TO PROVIDE FREE WI-FI HOTSPOTS IN NEW YORK: New York City is in the process of collecting bids from tech companies interested in having exclusive rights to supply New Yorkers with free Wi-Fi. Google is now in that mix, reports TechCrunch. Of course, Google's motive is to get as many people connected to the internet as possible, thereby flowing traffic to its massive search platform and other services. New York would like to enable existing pay phones with Wi-Fi hotspots. Other companies interested include IBM, Samsung, and Cisco. EVERYONE IS WAITING FOR APPLE EARNINGS: Tomorrow, Apple will release its annual earnings report, and analysts and techies alike are bracing to hear about the state of the company for the past three months. All in all, most are not expecting too many surprises from the report. The biggest change this past quarter was the iPhone became available to a number of new international carriers, which likely drove healthy sales. Stock analysts have been quite bullish with their forecasts as of late, notes Business Insider's Jay Yarrow. Additionally, a best-selling device — be it an iPhone 6 or iWatch — is expected to debut sometime during the next quarter, which could mean extremely strong sales this fall. With this, most are expecting an overall good outlook for the company. We'll have more on this once the official numbers are released tomorrow.Here's what else BI Intelligence subscribers are reading…THE FUTURE OF PAYMENTS: 2014 [SLIDE DECK]Google Play Accounts For A Surprising Share Of Google's RevenueGoogle's Ad Revenue Is Up, While Cost-Per-Click Improves Slightly Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications Deal icon An icon in the shape of a lightning bolt. Keep reading Newsletter Get a daily newsletter packed with stats about trends affecting your industry. Sign up for Chart of the Day. Loading Something is loading. 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The HR boss behind Yahoo's acquisition o - Business Insider Tech BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All × From To You have successfully emailed the post. × Apr. 10, 2013, 2:19 PM NC 17 facebook linkedin twitter email print The HR boss behind Yahoo's acquisition of a teenager's startup just got promoted to head of development. -- NC facebook linkedin twitter email print × Recommended For You Powered by Sailthru Comments Comments on this post are now closed. Insiders 0 All Comments 0 Apply To Be An "Insider" » Loading The HR boss behind Yahoo's acquisition o The HR boss behind Yahoo's acquisition o The HR boss behind Yahoo's acquisition of a... Recommended For You Featured These high-tech classes are the coolest thing happening in schools today More "Future Now" » Neil deGrasse Tyson and Al Gore on the future of our planet — and everything else More "Innovators" » Get Tech Emails & Alerts Sign-Up Learn More » Tech Select Tech Chart Of The Day Business Insider Select 10 Things In Tech You Need To Know Mobile Insights BII Mobile Insights More Featured Business Insider Select Tech Select Tech Chart Of The Day Markets Chart Of The Day 10 Things Before the Opening Bell Instant MBA Business Insider Events BI Intelligence Daily Finance Finance Select Markets Select Monday Scouting Report Your Money Select Financial Advisor Insights Smart Investor CFO Insider Finance Insider Wealth Advisor Select Strategy Strategy Select Advertising Select Retail Select Careers Select 10 Things You Need To Know In Advertising Politics Politics Select Military Select Life Life Select Transportation Select Education Select Entertainment Select Breaking News Tech Enterprise Select Science Select Mobile Chart Of The Day E-Commerce Chart Of The Day Payments Chart Of The Day Digital Media Chart Of The Day IoT Chart of the Day Fintech Briefing Charts of the Day Sports Chart Of The Day Top 10 Things 10 Things In Tech You Need To Know Closing Bell Sports Sports Latest Research Our 25 Top Tech Predictions The Payments Ecosystem Report The Fintech Ecosystem Report The Internet of Things Report Read Business Insider On The Go Available for iPhone, iPad, and Android Find A Job Tech Jobs C-Level Jobs Media Jobs Design Jobs Finance Jobs Sales Jobs See All Jobs » Thanks to our partners * Copyright © 2016 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Made in NYC Stock quotes by finanzen.net International Editions: UKDEAUSIDINMYSGPLSE

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CHART OF THE DAY: Tim Armstrong's Wheeling And Dealing At AOL - Business Insider Tech BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All × From To You have successfully emailed the post. CHART OF THE DAY: Tim Armstrong's Wheeling And Dealing At AOL Jay Yarow and Kamelia Angelova Feb. 7, 2011, 4:14 PM 2,837 5 facebook linkedin twitter email print More Charts   Since taking over AOL, Tim Armstrong has been surprisingly active buying and selling assets. By our count, he's spent at least $596 million on 13 properties, and sold five assets for at least $342 million. AOL's acquisition strategy centers on buying premium content sites, or small technology companies. The content feeds AOL's vision of becoming the world's number one digital media company. The technology pick ups are supposed to make that easier. Follow the Chart Of The Day on Twitter: @chartoftheday Follow Tech Chart Of The Day and never miss an update! Get updates in your Facebook news feed. Get updates in your inbox. Privacy Policy Get updates in your inbox Subscribe to Tech Chart Of The Day and never miss an update! Privacy Policy More: Chart Of The Day AOL Mergers And Acquisitions Sales HuffingtonPost facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 0 All Comments 5 Apply To Be An "Insider" » Loading CHART OF THE DAY: Tim Armstrong's Wheeling And Dealing At AOL CHART OF THE DAY: Tim Armstrong's Wheeling And Dealing At AOL Armstrong has picked up over a dozen companies. Recommended For You Featured These high-tech classes are the coolest thing happening in schools today More "Future Now" » Neil deGrasse Tyson and Al Gore on the future of our planet — and everything else More "Innovators" » Get Tech Emails & Alerts Sign-Up Learn More » Tech Select Tech Chart Of The Day Business Insider Select 10 Things In Tech You Need To Know Mobile Insights BII Mobile Insights More Featured Business Insider Select Tech Select Tech Chart Of The Day Markets Chart Of The Day 10 Things Before the Opening Bell Instant MBA Business Insider Events BI Intelligence Daily Finance Finance Select Markets Select Monday Scouting Report Your Money Select Financial Advisor Insights Smart Investor CFO Insider Finance Insider Wealth Advisor Select Strategy Strategy Select Advertising Select Retail Select Careers Select 10 Things You Need To Know In Advertising Politics Politics Select Military Select Life Life Select Transportation Select Education Select Entertainment Select Breaking News Tech Enterprise Select Science Select Mobile Chart Of The Day E-Commerce Chart Of The Day Payments Chart Of The Day Digital Media Chart Of The Day IoT Chart of the Day Fintech Briefing Charts of the Day Sports Chart Of The Day Top 10 Things 10 Things In Tech You Need To Know Closing Bell Sports Sports Latest Research Our 25 Top Tech Predictions The Payments Ecosystem Report The Fintech Ecosystem Report The Internet of Things Report Read Business Insider On The Go Available for iPhone, iPad, and Android Find A Job Tech Jobs C-Level Jobs Media Jobs Design Jobs Finance Jobs Sales Jobs See All Jobs » Thanks to our partners * Copyright © 2016 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Made in NYC Stock quotes by finanzen.net International Editions: UKDEAUSIDINMYSGPLSE

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Google Acquires Wireless Internet Network - Business Insider Tech BI Intelligence Events Trending Tech Finance Politics Strategy Life Sports Video All × From To You have successfully emailed the post. Correction: Google Did Not Buy ICOA Inc.* Kevin Smith Nov. 26, 2012, 10:12 AM 2,278 1 facebook linkedin twitter email print Like many other outlets we were duped by a fake press release saying that Google had acquired wireless Internet network provider ICOA INC for $400 million.  ICOA Inc. provides Wi-Fi to high traffic public locations like airports and restaurants and because of Google's recent pursuits in fiber internet many assumed it to be true. AllThingsD didn't buy the story, it was the first to say the report was fake via Google sources. Don't Miss: FRAUD ALERT: Report That Google Bought A Penny-Stock Company For $400 Million Is Bogus > More: Google Google Fiber facebook linkedin twitter email print Recommended For You Comments Comments on this post are now closed. Insiders 0 All Comments 1 Apply To Be An "Insider" » Loading Correction: Google Did Not Buy ICOA Inc.* Correction: Google Did Not Buy ICOA Inc.* Fraud alert. Recommended For You Featured These high-tech classes are the coolest thing happening in schools today More "Future Now" » Neil deGrasse Tyson and Al Gore on the future of our planet — and everything else More "Innovators" » Get Tech Emails & Alerts Sign-Up Learn More » Tech Select Tech Chart Of The Day Business Insider Select 10 Things In Tech You Need To Know Mobile Insights BII Mobile Insights More Featured Business Insider Select Tech Select Tech Chart Of The Day Markets Chart Of The Day 10 Things Before the Opening Bell Instant MBA Business Insider Events BI Intelligence Daily Finance Finance Select Markets Select Monday Scouting Report Your Money Select Financial Advisor Insights Smart Investor CFO Insider Finance Insider Wealth Advisor Select Strategy Strategy Select Advertising Select Retail Select Careers Select 10 Things You Need To Know In Advertising Politics Politics Select Military Select Life Life Select Transportation Select Education Select Entertainment Select Breaking News Tech Enterprise Select Science Select Mobile Chart Of The Day E-Commerce Chart Of The Day Payments Chart Of The Day Digital Media Chart Of The Day IoT Chart of the Day Fintech Briefing Charts of the Day Sports Chart Of The Day Top 10 Things 10 Things In Tech You Need To Know Closing Bell Sports Sports Latest Research Our 25 Top Tech Predictions The Payments Ecosystem Report The Fintech Ecosystem Report The Internet of Things Report Read Business Insider On The Go Available for iPhone, iPad, and Android Find A Job Tech Jobs C-Level Jobs Media Jobs Design Jobs Finance Jobs Sales Jobs See All Jobs » Thanks to our partners * Copyright © 2016 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Made in NYC Stock quotes by finanzen.net International Editions: UKDEAUSIDINMYSGPLSE

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