Amazon’s shopping spree continued Friday with the acquisition of iRobot, the company behind the Roomba vacuum. Amazon will acquire the smart-home product maker in an all-cash deal valued at $1.7 billion, or $61 per share. The robot maker’s automated cleaning products have been a mainstay on Amazon’s online marketplace, and are typically featured prominently during sales periods like Prime Day...
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Meta’s Resistance to Sharing Ad Sales Starts to Crumble
For at least a year, one question has hung over Meta Platforms-owned Facebook and Instagram: whether the apps will introduce a way to share a cut of ad revenues with more creators, similar to how YouTube pays video-makers. Our story today by Sylvia and Kaya goes deep into the debate at Meta over introducing ad-revenue sharing, which some staff viewed as a slippery slope, and a parallel argument...
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Meta Insiders Debate Key Issue for Reels: Whether to Share Ad Dollars With Creators