Biden says foreign involvement in Elon Musk’s Twitter acquisition ‘worth being looked at’ 

President Joe Biden was slammed as a hypocrite Wednesday night after he suggested Elon Musk’s Twitter acquisition should be investigated — while denying any wrongdoing with his son’s foreign entanglements. The president said at a news conference that the billionaire’s acquisition of Twitter ‘is worthy of being looked at’ after he was asked whether the … Read more

Marketers Are Obsessed With Acquisition. But What About Retention?

Marketers are obsessed with acquisition. So much so that they synonymously refer to it as performance, indicating that to add more is to perform better. We know acquisition is an expensive business, with a cost that’s multiple times higher than retaining existing customers. So if acquisition is more costly than retention, why do we glorify…

Twitter jobs to be slashed by 75% after Musk acquisition – reports

Two reports claims that billionaire Elon Musk plans massive layoffs when he takes ownership of the company. They say that the planned cuts to Twitter jobs amount to 75% of the workforce … The story so far Musk started quietly buying up Twitter shares, was offered and accepted a seat on the company’s board, changed his mind a day … Read more

Twitter acquisition saga continues with federal investigation claims

There’s still no end in sight to the Elon Musk Twitter acquisition saga. Despite the two parties both expressing their intention to complete the deal, the lawsuit between the two is only on hold – and now Musk and Twitter are each claiming that the other side is under federal investigation. Both the Securities and … Read more

Dangote, Kogi fight over validity of land acquisition

At least seven workers at Dangote’s cement plant in Obajana, Kogi State, were reportedly shot on Wednesday during a faceoff between the state’s security outfit and workers at the plant. The incident occurred during what was described as an invasion of the company’s premises at the behest of the state government. According to a statement … Read more

Elon Musk agrees to $44B acquisition of Twitter in hopes of averting trial

Elon Musk agreed to pay $44 billion to buy Twitter if a lawsuit brought by the company in an attempt to force him to follow through with the deal is closed, according to a filing with the Securities and Exchange Commission (SEC) uploaded Tuesday.  Attorneys representing Musk sent a letter to Twitter Monday stating they … Read more

Banijay Completes Acquisition of Sony Pictures Television Germany

ACQUISITION/REBRANDING Banijay‘s planned acquisition of Sony Productions Film und Fernseh Produktions GmbH Germany (Sony Pictures Television Germany) from Sony Pictures is now complete. Following customary closing conditions, Banijay Germany has secured 100% stake in the company. The label, founded in 1995, will now operate as Noisy Pictures GmbH, with Astrid Quentell and Mirek Nitsch remaining … Read more

The CW CEO Mark Pedowitz Out as Nexstar Closes Acquisition

Nexstar is closing its purchase of The CW, but it’s doing it without Mark Pedowitz. On Monday, the media company announced it had completed its purchase of 75% ownership interest in The CW network, with Warner Bros. Discovery and Paramount Global each retaining a 12.5% interest. However, CEO and chairman Mark Pedowitz will not be…

Twitter Shareholders Approve Musk’s $44 Billion Acquisition

Twitter Shareholders Approve Musk's $44 Billion Acquisition

Shareholders of Twitter Inc. approved a $44 billion buyout proposal by billionaire Elon Musk, paving the way for a test next month to determine the fate of the deal. Shareholders of Twitter Inc. approved a $44 billion buyout proposal by billionaire Elon Musk, paving the way for a test next month to determine the fate … Read more

Twitter shareholders vote to approve Elon Musk’s $44 billion acquisition

A majority of Twitter’s shareholders have voted to approve Elon Musk’s $44 billion takeover. During a special meeting of shareholders that lasted about seven minutes, stockholders approved of two proposals: one to adopt the merger agreement with Musk, and one related to how the company’s executives will be compensated as a result of the deal. … Read more

Amazon acquisition of iRobot vacuum cleaners is a surveillance nightmare

On Friday, Politico reported that the Federal Trade Commission is investigating Amazon’s agreement to acquire two companies that would help the tech giant become an even bigger hoarder of people’s personal information.  Specifically, the FTC is investigating Amazon’s recent purchases of One Medical, a subscription-based health care company, and iRobot, which is responsible for artificial … Read more

Former Qualcomm VP charged over $150 million acquisition fraud

Qualcomm was apparently the victim of a sophisticated fraud. The Los Angeles Times reports the federal government revealed charges against former Qualcomm research VP Karim Arabi and three others for allegedly tricking the chip maker into spending $150 million in 2015 to acquire technology that it already had. After Arabi developed a quicker method of … Read more

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