AT&T finally reached a deal to sell off its Japanese animation fans streaming service. This evening the telecom firm announed Sony had acquired the Crunchyroll business for $1.18 billion. Sony will be pairing it with its own anime streaming service, Funimation. The deal has long been expected. We first reported this spring that AT&T was considering selling it off. And it was a somewhat...
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Twilio, Set to Lose Supervoting Protection Next Month, Has Been Meeting With Activist
Activist investor Legion Partners, which owns a stake in Twilio, has met several times with the company’s board of directors and management, urging them to make changes to the board and consider divestitures, among other moves, according to people familiar with the matter. The conversations come at a critical moment for the $11.5 billion communications software company. Its use of...
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