CNET: FTC orders Apple, Google, other tech giants to hand over acquisition info. “The US Federal Trade Commission said Tuesday that it sent special orders to five tech giants — Apple, Amazon, Facebook, Google and Microsoft — requiring them to turn over detailed information about past acquisitions. The FTC said it’ll review the information to ‘examine trends in acquisitions,’ including how firms report transactions and whether companies are making potentially anticompetitive moves.”
Los Angeles Sentinel: Lucas Museum Acquires African American Film History Archive ‘SEPARATE CINEMA’. “The Lucas Museum of Narrative Art, currently under construction in Los Angeles’s Exposition Park, is thrilled to announce its recent acquisition of the Separate Cinema Archive, which documents African American cinema history from 1904 to 2019.”
Recode sees the LinkedIn sale as good news for Twitter. “News that LinkedIn sold to Microsoft on Monday for more than $26 billion has pushed Twitter stock up more than 8 percent in early-morning trading. The reason? If Microsoft is willing to break the bank for LinkedIn, maybe there’s a savior out there for Twitter, too!”
Looks like Verizon is a front runner in a bid for Yahoo. “Verizon Communications will be bidding about US$3 billion for the Internet assets of ailing Yahoo, according to a newspaper report. The communications company will try to beat other potential bidders such as private-equity firm TPG with a deal that would likely aim to combine Yahoo Web properties, with over 1 billion users a month, with Verizon’s growing business in online ads, the Wall Street Journal reported late Monday.” That seems high, but on the other hand it’s less than Verizon paid for AOL.
Snapchat has acquired Seene. “Seene lets you capture 3D models from your phone with a simple smartphone camera. Snapchat could use Seene’s format for a brand new category of selfie lenses, a new 3D photo format, and potentially for future virtual reality projects. According to our sources, Snapchat was interested in Seene’s computer vision technology and its engineering team more than for its consumer product. ”