Taylor Swift and Travis Kelce's engagement announcement on Instagram surpasses 1M reposts, more than any post ever on the platform; the post has 29M+ Likes
Hannah Dailey / Billboard :
Yahoo plans to acquire the tech behind news app Artifact, started by Instagram co-founders Mike Krieger and Kevin Systrom, for an undisclosed sum
Instagram's co-founders built a powerful and useful tool for recommending news to readers — but could never quite get it to scale.
Automattic plans to acquire Texts, a $15 per month messaging app that works with WhatsApp, Instagram, LinkedIn, Signal, iMessage, and more, for $50M
Automattic, the company that runs WordPress.com, Tumblr, Pocket Casts, and a number of other popular web properties, just made a different kind …
Bluesky raised an $8M seed led by Neo and partners with Namecheap to offer easy custom domain purchasing and management, Bluesky's first paid service
Hours before Meta launches its anticipated Instagram competitor, Threads, another Twitter rival — Bluesky — is announcing additional funding and its first paid service.
Sources: Meta pays BuzzFeed to generate creator content for Facebook and Instagram and to train online creators to grow, as part of a ~$10M deal reached in 2022
Partnership marks latest iteration of yearslong relationship between digital publisher and social-media giant
Parler agrees to be acquired by Ye, formerly Kanye West, to create “an uncancelable ecosystem where all voices are welcome”; the deal is set to close in Q4 2022
and will also sign up to Truth Social Clare Duffy / CNN : Kanye West's biggest challenge with owning Parler may come from Elon Musk Anousha Sakoui / Los Angeles Times : What to know about Parler, the ...
Adobe plans to buy UI design and prototyping tool Figma for ~$20B, half cash and half stock; CEO Dylan Field will continue to lead Figma; ADBE closed down 16.8%
Today, we're announcing that Figma has entered into an agreement to be acquired by Adobe. TechCrunch : After the Figma-Adobe deal, which design startups are acquisition targets? Wall Street Journal : ...
Filing: Elon Musk has secured $46.5B to acquire Twitter, including $25.5B in debt financing via Morgan Stanley and other firms, and is exploring a tender offer
now what? Matt Levine / Bloomberg : Elon Got His Money Kyle Chayka / New Yorker : Why Would Elon Musk Want to Buy Twitter? New York Post : Elon Musk in talks to partner on Twitter bid with buyout firm...
Filing: Elon Musk delivers a non-binding proposal to take Twitter private by acquiring all outstanding stock for $54.20 per share, in a cash deal worth ~$43B
not “cancel culture” — are ruining discourse Eugene Robinson / Washington Post : If Elon Musk wants Twitter, he's welcome to it Financial Times : How Elon Musk could fund his $43bn Twitter takeover Ga...
By acquiring promising VR games and software companies, Facebook seems to be cornering the VR market, reminiscent of its Instagram and WhatsApp acquisitions
A recent shopping spree is giving some folks Instagram-in-2012 vibes — Imagine that, over the past year, Facebook had managed …