Group items tagged

Amazon has announced its intention to acquire Rooftop Media, an online service that gives comedy fans access to content produced by professional comedians, for an undisclosed amount.

On this blog, we've discussed the importance of sharpening your elevator pitch. It might seem implausible that you would literally find yourself in an elevator with the executive who will buy your company, but it's likely that you're networking in circles where making the best, briefest case for your firm is important.

Company officials, such as Expedia's CEO Dara Khosrowshahi, explained that it has been interested in expanding its services through integrating alternative accommodations into its existing business structure and believes that buying HomeAway is the most effective step in achieving this goal, according to USA Today.

The Dell-EMC deal has been at the forefront in the minds of many in the tech industry. Not only because of its hefty $67 billion cost, but also because what it will mean for the main three companies this transition will affect.

With two large brands joining forces under one name, this will mean less options for consumers in terms of pricing, amenities and in the preferred guest programs. Both of these companies currently boast impressive loyalty rewards programs, yet Starwood members are wondering how this merger will affect their current rewards they have earned.

Many, after this announcement, are left wondering why was this deal made. Business Insider reports that even though EMC still is profitable in the area of data-storage, it could face perilous waters ahead. Most of this uncertainty is due to the increasing number of companies that are sending their data to the cloud through giants such as Google, Microsoft and Amazon.

DeWolfe denied the offer. Later on, Zuckerberg tried to sell the company once again, this time for $750 million. Yet, to MySpace's modern-day chagrin, this second offer was once again turned down. Many still report that this denial led to MySpace's decline in popularity as it failed to invest heavily in the social media portion of its design and instead channeled its work into its music sharing and listening features.

Meanwhile, one phenomenal acquisition that has the tech industry talking is the merger of computer industry giant Dell with data storage giant EMC. This monumental acquisition, to the tune of $67 billion, has caused tech firms to begin shifting, looking for new ways to expand and succeed in their highly competitive marketplace.

"Our integration philosophy is straightforward," Marriott Chief Financial Officer Carl Berquist said to Forbes. "We expect to choose the best from each company: systems, designs, operations and talent. Our similar organization structures should help to integrate the work more easily."

"The acquisition of TeraLogics and GATR represents powerful next steps in achieving our C4ISR growth strategy as they expand our footprint in the C4ISR and SATCOM markets," said Feldmann. "The transformation of Cubic Global Defense Systems is well under way with these acquisitions, coupled with the excellent performance from DTECH, which we acquired in fiscal year 2015.