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5 Hollywood giants that Big Tech could snap up next in the wake of Amazon's MGM deal

18 days ago   |   By Business Insider

Summary List Placement Amazon's $8.5 billion purchase of movie and TV production company MGM has dealmakers thinking about what cards are left on the poker table.
Now that Big Tech has put its toe in the media industry water, people familiar with conversations say other Silicon Valley players will follow. Expect IP to meet IP in a much bigger way.
The announced MGM purchase, which is subject to regulatory approval, throws attention on a dwindling number of companies that could make a difference to the streaming platforms.
As for tech buyers, think beyond Apple, Amazon, and Netflix. There...
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Facebook's attempt to 'depressurize' Instagram is over. Now, hiding likes will be a 'matter of personal choice.'

Facebook's attempt to 'depressurize' Instagram is over. Now, hiding likes will be a 'matter of personal choice.'

18 days ago   |   By Business Insider

Summary List Placement Hello! This story is from today's edition of Morning Brew, an awesome daily email publication read by 2.5 million next-generation leaders like you. Sign up here to get it!
After years of talking about it, Facebook officially released its likes-hiding option on Facebook and Instagram. Users of both apps can choose to hide the number of likes and reactions for their own posts or others on their feeds.
Let's focus on Insta. Head of Instagram Adam Mosseri said that the hiding likes option was first created to "depressurize the experience" on the platform. But after a...
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Renewable energy and big oil might finally mix as activist investor wins two of four Exxon board seats

Renewable energy and big oil might finally mix as activist investor wins two of four Exxon board seats

18 days ago   |   By Business Insider

Summary List Placement Hello! This story is from today's edition of Morning Brew, an awesome daily email publication read by 2.5 million next-generation leaders like you. Sign up here to get it!
If you thought the beef between Brooks and Bryson was spicy, you should check out the boardroom blowout at ExxonMobil. Following a vote at the company's shareholder meeting yesterday, the activist investment firm Engine No. 1 won at least two of the four board seats it was aiming for. This could mean monumental changes for the US' largest oil producer.
The backstory: In December, Engine No. 1, then...
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Amazon's $8.5 billion blockbuster deal with MGM is about to shake up the streaming wars

Amazon's $8.5 billion blockbuster deal with MGM is about to shake up the streaming wars

18 days ago   |   By Business Insider

Summary List Placement Hello! This story is from today's edition of Morning Brew, an awesome daily email publication read by 2.5 million next-generation leaders like you. Sign up here to get it!
After weeks of rumors, Amazon finally laid its goldfinger on MGM in a deal worth $8.5 billion. It's Amazon's second-largest acquisition after Whole Foods and the first time a tech company has bought a major legacy media firm.
Leo the Lion's roar has a big echo
MGM's iconic mascot reflects the movie studio's blockbuster content catalog -featuring franchises such as Legally Blonde , James Bond...
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