Mergers and Acquisitions

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On Tuesday, a federal judge rejected the FTC’s request for an injunction to stop Meta from buying Within for $400M.
Truth Social launches DMs, Meta will shut down livestreaming platform, TikTok tries horizontal video.
The FTC is trying to block Microsoft’s $69B all-cash acquisition of Activision Blizzard.
This week in Five on Friday, platforms are wrapping things up. Spotify brought back Wrapped, and gave us their own Wrapped as well! Twitter delays
Penske Media has acquired 60-year-old contemporary art magazine, Artforum, growing its stable of magazines.
Ads drive revenue for video, not subscriptions; Post bets big on micropayments; Amazon Alexa set to lose $10B in 2022.
Billionaire Elon Musk is making major waves in week one of his ownership of Twitter. What will be next?
Billionaire Elon Musk has officially taken over Twitter and things are dicey already, with Musk firing 3 top execs.
Elon Musk has until Friday, October 28, 2022 to complete equity and debt financing to avoid a Twitter trial.
The UK’s Competition and Markets Authority ordered Meta to sell off Giphy to avoid antitrust issues.

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