These Enterprise Software Firms Are Top Targets for Private Equity Takeovers Read Now

Campbell Brown. Photo by AP.
Exclusive
Facebook

Meta Rethinks News Partnerships as Priorities Shift

Photo: Campbell Brown. Photo by AP.

Meta Platforms is considering reducing the money it gives news organizations as it reevaluates the partnerships it struck over the past few years, according to people familiar with the matter. The reassessment comes as Meta looks to cut costs broadly and rethinks the value of including news in its flagship Facebook app.

Meta’s Facebook and Instagram apps have lately focused on expanding their short-term video offerings so they can compete more effectively with TikTok. At the same time, the social media company has noticed that fewer people have been clicking on links to news articles since President Donald Trump left office, the people said.

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
The Weekend Crypto Apple
Pete Buttigieg Wants Everyone to Buy an EV. Just Not Necessarily From Elon Musk
Pete Buttigieg Wants Everyone to Buy an EV. Just Not Necessarily From Elon Musk
Hi, welcome to your Weekend! This was one of those weeks when I was glad that I follow the Doomscrolling Reminder Bot (@Doomscroll_bot) on Twitter. I needed those hourly reminders—“Hi, are you doomscrolling?”—to close the browser window and catch my breath.  It’s not every week when $200 billion in crypto goes poof! in a 24-hour window (more on the stablecoin implosion...
Latest Briefs
 
Musk Says Twitter’s Legal Team Accused Him of Violating NDA
Twitter CEO Still Expects Musk Deal to Close
Stripe’s Incoming Finance Exec Decides Not to Join
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
GoPuff founders Yakir Gola, left, and Rafael Ilishayev. Photos by Getty, Bloomberg.
Exclusive Venture Capital Startups
Gopuff Founders’ Ambitions Falter as Startup Bleeds Cash
Delivery firm Gopuff emerged as one of the hits of the pandemic shutdowns, fetching a $15 billion valuation thanks to its network of couriers delivering snacks and convenience items like chips, Tylenol and laundry detergent.
IRL CEO and Co-founder Abraham Shafi. Art by Mike Sullivan
Exclusive Startups
SoftBank-Backed Messaging App IRL Says It Has 20 Million Users. Some Employees Have Doubts About That
IRL, a four year old social app, appears to be a fast-growing alternative to Facebook and messaging app Discord.
Applied Materials is a leading maker of machines to make semiconductors, and would be hurt by a potential ban on sales to China. Photo by Bloomberg.
Asia Semiconductors
The U.S. Weighs a Broader Crackdown on Chinese Chipmakers
The U.S. Department of Commerce is weighing a ban on American companies selling advanced chipmaking equipment to Chinese firms, according to two people familiar with the discussions.
Campbell Brown. Photo by AP.
Exclusive Facebook
Meta Rethinks News Partnerships as Priorities Shift
Meta Platforms is considering reducing the money it gives news organizations as it reevaluates the partnerships it struck over the past few years, according to people familiar with the matter.
Photo by Bloomberg. Art by Clark Miller.
The 1:1
‘I Don’t Know How Steve Jobs Would Survive Today in This Environment’: Tony Fadell Has Opinions to Share and Scores to Settle
Within Silicon Valley power circles, being “on the beach” is a euphemism that covers a continuum of unemployment, from “retired rich” to “brief pause between high-powered jobs.” Tony Fadell has been metaphorically on the beach for six years, ever since leaving Google, which paid $3.2 billion for Nest Labs, the maker of smart thermostats he co-founded, in 2016.
Traders on the floor of the New York Stock Exchange. Photo by Bloomberg.
These Enterprise Software Firms Are Top Targets for Private Equity Takeovers
Big deals are on the way. The sharp drop in tech stocks over the past six months, making companies cheaper to buy, is likely to trigger an increase in merger activity, bankers say.