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VOICE ARCHIVE

Liz Hoffman

@lizrhoffman
62 posts
2026-02-28
Pivot to nuclear [image]
2026-02-28 View on X
Axios

TMTG says it is in talks to spin off Truth Social into a public company, following the close of its previously announced merger with nuclear fusion startup TAE

2026-02-27
Pivot to nuclear [image]
2026-02-27 View on X
Axios

TMTG says it is in talks to spin off Truth Social into a public company, following the close of its previously announced merger with nuclear fusion startup TAE

Trump Media & Technology Group said Friday it is in talks to spin off Truth Social into a new publicly traded company.

Hostile M&A is always bloodsport, but I can't remember an acquirer coming out of a process this bloody.  Netflix has a shareholder problem (which doesn't understand why it wanted to buy a legacy studio), a Hollywood talent problem (which doesn't trust them on theater releases), and a BIG political problem.
2026-02-27 View on X
CNBC

Netflix walks away from a deal to buy WBD's studio and streaming assets after WBD deemed Paramount's $31/share bid to be superior; NFLX jumps 8%+

Netflix is walking away from a deal to buy Warner Bros. Discovery's studio and streaming assets after the WBD board on Thursday deemed …

2025-12-06
Former CEO of WarnerMedia👇🏼
2025-12-06 View on X
Financial Times

Netflix agrees to acquire WBD's studios and streaming business in an $82.7B cash-and-stock deal, including debt, to close after WBD splits in two in Q3 2026

Netflix announced this week that it had reached … Axios : Netflix to buy Warner Bros. for nearly $83 billion Alex Pigman / Taipei Times : Warner Bros acquisition by Netflix sparks ...

Former CEO of WarnerMedia👇🏼
2025-12-06 View on X
Game Developer

WBD confirms that Warner Bros. Games will be acquired by Netflix along with its wider streaming and television business

A Warner Bros. spokesperson has confirmed the video game division will be acquired by Netflix alongside its wider streaming and television business.

2025-12-05
Former CEO of WarnerMedia👇🏼
2025-12-05 View on X
Financial Times

Netflix agrees to acquire WBD's studios and streaming business in an $82.7B cash-and-stock deal, set to close after WBD splits into two companies in Q3 2026

Deal will transform US tech company into the dominant player in Hollywood  —  Netflix has agreed an $83bn takeover of Warner Bros Discovery …

2025-11-19
Larry Summers in the classroom today at Harvard [video]
2025-11-19 View on X
Axios

Larry Summers and OpenAI say he has resigned from the OpenAI board, after a US House Committee released his emails with Jeffrey Epstein

Former Treasury secretary and Harvard president Larry Summers has resigned from the OpenAI board, he and the company told Axios in separate statements Wednesday …

2025-03-29
Scoop: CoreWeave is planning to downsize its IPO and cut the price — I'm hearing closer to the $23B valuation it had in the private market a year ago than the ~$30B it wanted.
2025-03-29 View on X
CNBC

CoreWeave closes flat at $40 in its Nasdaq debut; CoreWeave's offering is the largest US IPO since UiPath's NYSE debut in 2021

CoreWeave's stock opened at $39 and closed at $40 in its Nasdaq debut on Friday after the company sold shares at $40 a piece, below the expected range.

Scoop: CoreWeave is planning to downsize its IPO and cut the price — I'm hearing closer to the $23B valuation it had in the private market a year ago than the ~$30B it wanted.
2025-03-29 View on X
CNBC

CoreWeave raised $1.5B in its IPO, selling ~37.5M shares at $40 each, down from a planned 49M shares at $47-$55; source: Nvidia anchored with a ~$250M order

but many buzzy tech IPOs remain in the pipeline Thomas Maxwell / Gizmodo : CoreWeave Is at the Center of the AI Revolution, and Its IPO looks Like a House of Cards Helene Braun / C...

2025-03-28
Scoop: CoreWeave is planning to downsize its IPO and cut the price — I'm hearing closer to the $23B valuation it had in the private market a year ago than the ~$30B it wanted.
2025-03-28 View on X
CNBC

CoreWeave raised $1.5B in its IPO, selling ~37.5M shares at $40 each, down from a planned 49M shares at $47-$55; source: Nvidia anchored with a ~$250M order

CoreWeave on Thursday priced shares at $40 in the company's IPO, raising $1.5 billion in the biggest U.S. tech offering since 2021, CNBC has confirmed.

2025-03-27
Scoop: CoreWeave is planning to downsize its IPO and cut the price — I'm hearing closer to the $23B valuation it had in the private market a year ago than the ~$30B it wanted.
2025-03-27 View on X
Bloomberg

Source: CoreWeave plans to cut its IPO from $2.7B to ~$1.5B, offering ~37.5M shares at $40 each, vs. 49M shares at $47 to $55, as market volatility hurts demand

The cloud-computing provider plans to offer investors about 37.5 million shares at $40 apiece, according to the person …

2025-02-07
hard to overstate how freaked out PE and VC people are about this. The last time a president came at carried interest, Blackstone's CEO compared the move to the Nazis' invasion of Poland. This is first thing Trump has done that they outright hate.
2025-02-07 View on X
TechCrunch

In a meeting with GOP lawmakers, Donald Trump proposed taxing carried interest as ordinary income, a policy that could sharply increase the tax bill for VCs

On Thursday, President Trump asked Republican lawmakers to end tax breaks on carried interest.  —  The tax break allows private equity …

2025-01-03
Nick Clegg is leaving Meta, replaced by the company's most prominent Republican, Joel Kaplan. Feels very sign-of-the-times. Scoop on @semafor https://www.semafor.com/...
2025-01-03 View on X
Semafor

Meta appoints Joel Kaplan as Chief Global Affairs Officer, replacing Nick Clegg, who is leaving the company; Kaplan is Meta's most prominent Republican

www.semafor.com/article/01/0...  [embedded post] Sam Jeffers / @worklesshard : Seems a bit backward for Clegg to leave now.  Nothing will happen in the US for years, while EU DSA e...

Nick Clegg is leaving Meta, replaced by the company's most prominent Republican, Joel Kaplan. Feels very sign-of-the-times. Scoop on @semafor https://www.semafor.com/...
2025-01-03 View on X
Bloomberg

Meta required a public statesman like Nick Clegg after the Cambridge Analytica scandal, but now turns to the in-house Republican Joel Kaplan to appease Trump

The former UK politician was a public statesman when Meta required one.  A different approach will be called for under Trump.

2023-07-22
“The 230 customer service representatives at AT&T's call center in Ocean Springs, Miss., watched artificial intelligence arrive over the past year both rapidly and assuredly, like a new manager settling in and kicking up its feet.” Great line, great story https://www.nytimes.com/...
2023-07-22 View on X
New York Times

A US AT&T call center worker details working with AI, which generates call transcripts and provides suggestions, and wonders if she is training her replacement

To many people, chatbots and other technology feel like a ticking time bomb, sure to explode their work.  But to some, the threat is already here. LinkedIn: Stephen Loynd . Bluesky...

2023-03-13
This is true but so is the reverse. *Startups* convinced *SVB* that it was one of them, that the gravitational laws of banking didn't apply, that things like “innovation” and “burn rate” mattered more than things like, you know, capital and mark-to-market accounting https://twitter.com/...
2023-03-13 View on X
U.S. Department of the Treasury

The US Treasury, Federal Reserve, and the FDIC say all Silicon Valley Bank depositors will be “fully” protected, and their money will be available on March 13

WASHINGTON, DC — The following statement was released by Secretary of the Treasury Janet L. Yellen …

2023-03-12
Wall Street's gonna Wall Street. https://twitter.com/...
2023-03-12 View on X
Bloomberg

SVB draws support from 300+ VC firms, including General Catalyst, while 1,200+ founders and CEOs sign a Y Combinator petition asking the US Congress to act

More than 100 venture capital and investing firms have signed a statement supporting Silicon Valley Bank, part of mounting industry calls …

2023-03-10
Emails started landing in tech founders' inboxes today: Get your money out of Silicon Valley Bank. Mounting losses and the beginnings of a bank run at tech-land's favorite lender. Scoop from me and @ReedAlbergotti https://www.semafor.com/...
2023-03-10 View on X
The Information

Some VC firms are encouraging their portfolio companies to pull funds out of Silicon Valley Bank while others are advising startups to keep no more than $250K

Silicon Valley Bank CEO Greg Becker on Thursday told top venture capitalists in Silicon Valley to “stay calm” …

Emails started landing in tech founders' inboxes today: Get your money out of Silicon Valley Bank. Mounting losses and the beginnings of a bank run at tech-land's favorite lender. Scoop from me and @ReedAlbergotti https://www.semafor.com/...
2023-03-10 View on X
Financial Times

Silicon Valley Bank launches a $2.25B share sale after losing ~$1.8B on its ~$21B of US Treasuries and mortgage-backed securities

Technology-focused lender suffered loss on $21bn portfolio of Treasuries and mortgage-backed securities  —  Silicon Valley Bank has launched a $2.25bn share sale …

2023-01-10
This deal is an odd one. Microsoft gets 75% of OpenAI's profits until it gets its $10bn back (unclear whether cloud-computing fees count toward that but would certainly speed things up.) Then it flips to reflect the fact that MSFT would own half this thing https://www.semafor.com/...
2023-01-10 View on X
Semafor

Sources: Microsoft is in talks to invest $10B in OpenAI at a $29B valuation, taking 75% of OpenAI's profits until the investment is recouped and then owning 49%

Microsoft has been in talks to invest $10 billion into the owner of ChatGPT, the wildly popular app that has thrilled casual users …