Sheryl Sandberg, Chief Operating Officer of Facebook Inc. David Paul Morris | Bloomberg | Getty Images Facebook CEO Sheryl Sandberg recently argued against two antitrust lawsuits filed this week that could lead to a split between Instagram and WhatsApp, saying Facebook’s 2012 and 2014 acquisitions had already been cleared by …
Read More »Learn 5 things for December 10: Coronavirus, White House Transition, Excitement, Facebook, China
(You can also get “5 Things You Need Today” delivered daily in your inbox box. Sign up here.) 1. Coronavirus 2. White House transition All 50 states and the District of Columbia will now certify the results of their presidential election. The next big step in the electoral college process …
Read More »Facebook could face an anti-state lawsuit next week
Facebook Chairman and CEO Mark Zuckerberg testified at the House Financial Services Committee hearing in Washington on October 23, 2019. Erin Scott | Reuters The state’s attorney general is preparing to file an antitrust case against Facebook next week, sources familiar with the matter told CNBC’s Yalan Mui. At least …
Read More »Salesforce deal to buy Slack, expected to be announced tomorrow
Salesforce deals to buy Slack are expected to be announced on Tuesday after markets close, sources told CNBC’s David Faber. The deal is expected to be about half cash and half stock, sources said. Salesforce is set to report quarterly earnings on Tuesday. As of Monday morning, Slack’s market cap …
Read More »Slake shares rose following reports of a potential salesforce acquisition
Stuart Butterfield (C), Slack’s co-founder and chief executive officer, and Slack’s chief financial officer Alan Shim (2GL), will ring the opening bell of the New York Stock Exchange (NYSE) in New York on June 20, 2019. City. Drew Engerer | Getty Images Shares of Slake rose more than 25% on …
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