by admin | May 15, 2020 | News
Facebook acquires a popular GIF search engine, video game sales see major growth and Sorrentino reports promising results for a COVID-19 treatment. Here’s your Daily Crunch for May 15, 2020. 1. Facebook to acquire Giphy in a deal reportedly worth $400 million Facebook...
by admin | May 15, 2020 | News
By March 16, founder Janine Yancey was tired of playing the waiting game. After watching the stock market take yet another unprecedented nosedive due to coronavirus, she called up a potential investor. “If this isn’t going to happen, let’s call it now,” Yancey said,...
by admin | May 15, 2020 | News
2020 is a nightmare year by most metrics, and it’s also a worst-case-scenario emerging out of a best-case-scenario for Joe Biden . After trailing in early primary states, Biden came crashing back on a stunning wave of Super Tuesday support. Now the presumptive...
by admin | May 15, 2020 | News
In a memo titled “The Course Ahead,” Vice Media Group CEO Nancy Dubuc announced a large round of layoffs to staff. The number includes 155 workers — 55 of whom will lose their jobs today. The remaining 100, meanwhile, will be let go in the coming weeks. The figure...
by admin | May 15, 2020 | News
Facebook will acquire Giphy, the web-based animated gif search engine and platform provider, Facebook confirmed today, in a deal worth around $400 million, according to a report by Axios. Facebook said it isn’t disclosing terms of the deal. Giphy has grown to be a...
by admin | May 15, 2020 | News
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. After spending perhaps more time than we should have recently trying to figure out what’s going on with the public markets, let’s return to the...
