According to a new report from The Information, Microsoft is interested in bidding on Warner Bros. Interactive Entertainment, which is currently a division of AT&T. From a report: Warner Bros. Interactive Entertainment, or WB Games, is known for publishing the “Batman: Arkham” series, “Middle-Earth: Shadow of Mordor,” many “Lego” and “Harry Potter” games, “Mortal Kombat,” and “The Witcher 3: Wild Hunt.”…
Tag: acquisition
Dish Buys Prepaid Carrier Boost Mobile For $1.4 Billion
Today, Dish announced the $1.4 billion acquisition of Boost Mobile. With this purchase, Dish secures its place in the retail wireless market and will serve more than nine million customers. Engadget reports: The deal is the result of T-Mobile’s Sprint merger. In order to gain FCC approval and quell fears that the merger would hurt competition, T-Mobile and Sprint agreed to…
Uber’s New Strategy: Buy Unprofitable Companies, ???, Profit
Uber’s new strategy is just like its old one. Make its money-losing business bigger by buying other money-losing businesses like Postmates. From a report: After Uber’s merger talks with food-delivery company Grubhub fell apart, Uber has now set its sights on Postmates, according to the New York Times. Uber Eats, the ride-hailing company’s food-delivery unit, is just as unprofitable as the…
Tim O’Reilly Asks If Venture Capital Is Doing More Harm Than Good
Tim O’Reilly is the founder of O’Reilly Media (formerly O’Reilly & Associates), and is credited by Wikipedia as helping to popularize the term open source. But Techcrunch reveals what he’s learned about venture capital from his work with Bryce Roberts (O’Reilly’s investing partner at early-stage venture firm O’Reilly AlphaTech Ventures). “At a minimum, O’Reilly — who bootstrapped his own company, O’Reilly…