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Facebook Gave Netflix Access to Private User Messages, Scuttled Video Service for Sweetheart Ads Deal

Newly released court filings in Mark Zuckerberg’s antitrust lawsuit against Meta reveal that Facebook’s short-lived streaming service Watch was allegedly shut down to protect its advertising deal with Netflix. . The heartwarming agreement between the two Silicon Valley giants also includes giving the streaming platform access to Facebook analytics and even private user messages. gizmodo […]

Home Depot bulks up Pro-business with $18.25B deal for building products supplier SRS

National Retail Federation CEO Matt Shea explains how difficult it is to negotiate in an environment of ‘uncertainty’. The Home Depot aims to expand its professional customer base to better address lukewarm demand, buying building materials supplier SRS Distribution for $18.25 billion, the largest deal for a top U.S. home improvement chain. The company plans […]

Capitals, Wizards will stay in D.C. after Virginia arena deal falls apart

WASHINGTON — Late last year, Ted Leonsis told District of Columbia Mayor Muriel Bowser that his teams, the NBA’s Washington Wizards and the NHL’s Washington Capitals, would likely leave Washington for Virginia. When I told her, she said, “No, that’s not true.” In the end, she was proven right. The team remains in the area […]

Yankees acquire Jon Berti, trade Ben Rortvedt in three-way deal

HOUSTON — The Yankees have found some infield insurance. On the eve of Opening Day, the Yankees acquired utility infielder John Barty from the Marlins in a three-way trade, sending catcher Ben Rohrtvedt to the Rays and outfield prospect John Cruz to Miami, the Post reported. Jon Heyman and Joel Sherman confirmed it. Wednesday. Berti, […]