How Facebook Is Changing to Deal With Scrutiny of Its Power – The New York Times

  ImageFacebook, under its chief executive, Mark Zuckerberg, is making changes to deal with antitrust scrutiny.CreditCreditTom Brenner/The New York Times SAN FRANCISCO — Senator Elizabeth Warren has called for the breakup of big tech companies like Facebook. Regulators have opened investigations into Facebook’s power in social networking. Even one of Facebook’s own founders has laid […]

Salesforce’s Tableau Acquisition Won’t Be the Last Big Move in the Cloud Computing Space – Adweek

With its annual Salesforce Connections conference right around the corner, the industry’s leading CRM outfit Salesforce decided to give attendees something to talk about. Last week, the company forked out $15.7 billion to acquire data-visualization company Tableau in a move that comes on the heels of similar mergers in the cloud computing space. The marketing […]

Newsonomics: Let the 2019 Consolidation Games begin! First up: Alden seeks to swallow Gannett » Nieman Journalism Lab

Alden Global Capital, the most reviled newspaper owner in the business, now wants to buy Gannett, the United States’ largest daily newspaper company. As reported Sunday evening by The Wall Street Journal — and then confirmed via early Monday morning press release — Alden, through its Digital First Media/MNG Enterprise ownership, has offered a 23 […]

Newsonomics: McClatchy’s bid has been rejected. So what’s next for Tribune? » Nieman Journalism Lab

What stopped the almost-done McClatchy purchase of Tribune Publishing? Two familiar words: Michael Ferro. Tribune and McClatchy offer competing narratives of what derailed the deal, which had been expected to be announced as early as next Monday. Instead, the Tribune board gave it a thumbs down Thursday afternoon. Was it the threat of an antitrust […]

Hedge-Fund-Backed Media Group Prepares Bid for Gannett – WSJ

A hedge-fund-backed media group known for buying up struggling local papers and cutting costs is planning to make an offer for USA Today publisher Gannett Co. GCI 0.52% , according to people familiar with the matter.   MNG Enterprises Inc., one of the largest newspaper chains in the country, has quietly built a 7.5% position […]

Digital News Site Mic Announces Mass Layoffs Before Bustle Sale

Photo: Getty Mic, the millennial-focused digital news site, laid off most of its editorial staff on Thursday morning as the company’s top brass works to finalize a sale to Bustle Digital Group, Recode first reported. According to the site, the company’s CEO, Chris Altchek, announced the mass layoffs at a staff meeting this morning. Altchek […]

The Real Reason CVS Wants to Buy Aetna? Amazon – WSJ Inc. AMZN -0.05% has struck again. Only this time the internet giant is shaking up an industry it hasn’t yet entered. Amazon’s potential entry into the pharmacy-services industry helped spur CVS HealthCorp.’s CVS -2.94% $66 billion bid for insurance giant Aetna Inc., AET 11.54% according to a person familiar with the matter. An acquisition of a major insurer was among roughly a dozen strategies CVS’s management team […]

Walmart buys digital clothing retailer Bonobos in $310m deal

US retail giant Walmart said on Friday that it was buying digital-focused men’s apparel retailer Bonobos for $310m in cash, as it looks to expand and enhance its ecommerce presence amid fierce competition from the likes of Amazon. Andy Dunn, chief executive and founder of 10-year old Bonobos, will oversee the company’s digitally native vertical […]

Amazon to Buy Whole Foods in $13.4 Billion Deal – The New York Times

close dealbook-branding close story-meta Photo Customers at the Whole Foods Market in Manhattan. Credit John Taggart for The New York Times said on Friday that it had agreed to buy the upscale supermarket chain Whole Foods for $13.4 billion, in the online retailer’s latest push into the grocery business. The deal comes as the high-end […]