J.J. Abrams and Bad Robot sign exclusive deal with WarnerMedia – gpgmail

[ad_1] After being courted by seemingly every major entertainment and streaming company, Bad Robot has signed an exclusive deal with WarnerMedia. While the production company — led by Star Wars director J.J. Abrams and his wife/co-CEO Katie McGrath — was already working with Warner Bros. to create shows like “Castle Rock” and “Westworld,” this new […]

Alibaba acquires NetEase Kaola in deal worth $2 billion – gpgmail

[ad_1] Alibaba Group said today it has acquired NetEase Kaola for $2 billion and will integrate it into Tmall, creating the largest cross-border e-commerce platform in China. The announcement follows weeks of media reports about a potential deal, which was said to have stalled in the middle of August after the companies reportedly disagreed on […]

We Company adds a director, ditches its $5.9 million naming deal with its CEO, remains a governance nightmare – gpgmail

[ad_1] The company formerly known as WeWork, in an amendment to the S-1 that launched dozens of critical headlines, says it has added a new director to its board and unwound the $5.9 million payout to chief executive Adam Neumann over the name “We.”  The new board member is Frances Frei, a professor of technology […]

Alibaba reportedly near finalizing a deal to acquire NetEase’s cross-border e-commerce unit – gpgmail

[ad_1] After weeks of media reports, Alibaba may finally be nearing an agreement to acquire NetEase’s cross-border e-commerce unit, Kaola. Chinese tech news website 36kr reports that a deal may be announced as early as this week and is expected to be worth $2 billion in cash and shares. Kaola will continue to run independently, […]

How UK VCs are managing the risk of a ‘no deal’ Brexit – gpgmail

[ad_1] Grab your economic zombie mask: A Halloween “no deal” Brexit is careening into view. New prime minister Boris Johnson has pledged that the country will leave the European Union on October 31 with or without a deal — “do or die” as he put it. A year earlier as the foreign secretary, he used an […]

Automattic’s bargain-bin Tumblr deal plugs right into the WordPress business model – gpgmail

[ad_1] Tumblr has been an millstone around the neck of its owners, first Yahoo and later Oath and Verizon Media, pretty much since it was acquired in 2013. They never found an answer to the question that new owner Automattic is presumably about to take a crack at: how to make this unruly erstwhile porn […]

How lawyers help bring your acquisition deal to fruition – gpgmail

[ad_1] Last week when Salesforce announced it was buying ClickSoftware for $1.35 billion you might not have realized it, but the law firm Shearman & Sterling was advising Salesforce throughout the deal. In fact, there are lawyers involved in every transaction of this sort, from the initial call to the closing. As you would expect, […]

India’s Reliance Jio inks deal with Microsoft to expand Office 365, Azure to more businesses; unveils broadband, blockchain, and IoT platforms

[ad_1] India’s Reliance Jio, which has disrupted the local telecom and features phone businesses in less than three years of existence, is now ready to aggressively foray into many more businesses with the help of global giants including Microsoft. In a series of announcements, the subsidiary of India’s largest industrial house Reliance Industries today said […]

DoorDash is buying Caviar from Square in a deal worth $410 million – gpgmail

[ad_1] DoorDash has reached an agreement with Square to purchase on-demand food delivery and catering business Caviar . DoorDash has agreed to pay Square $410 million in cash and preferred DoorDash stock. Square bought Caviar about five years ago in a deal worth about $90 million. Now, Caviar has found a new home with DoorDash, […]

Salesforce closes $15.7B Tableau deal – gpgmail

[ad_1] In an amazingly quick turn-around for a deal of this scope, Salesforce announced today that it has closed the $15.7 billion Tableau deal announced in June. The deal is by far the biggest acquisition in Salesforce history, a company known for being highly acquisitive. A deal of this size usually faces a high level […]