Nexon, a Tokyo-based online videogame maker, has hired Nick van Dyk as president of a new division that will focus on turning Nexon games into film and television entertainment. Van Dyk previously worked for decades at Walt Disney Co. as senior vice president of corporate strategy and business development, working on key deals such as Disney’s acquisitions of Pixar, Marvel and Lucasfilm. More...
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Meta’s M&A Ambitions Curtailed; Will Bret Taylor Be a Chip Off the Old Block?
Anyone working on mergers and acquisitions at Meta Platforms, formerly Facebook, might want to look for a new job. The British antitrust regulator’s decision to force Meta to divest Giphy, the tiny GIF search engine it acquired last year for $315 million, demonstrates that even small acquisitions are off limits to the tech giant. And while this was a decision in Britain, the Federal Trade...
China Will Ban Companies From Listing on Foreign Exchanges Using VIEs
SoftBank Invests $150 Million in South Korean Metaverse App
Allbirds’ Revenue Rose 33% in Q3
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