Facebook's $50 Billion Goldman Goldmine: Don't Expect an IPO
Goldman Sachs Investment in Facebook May Draw SEC Scrutiny
At this moment, the must-read stories in technology are scattered across hundreds of news sites and blogs. That's far too much for any reader to follow.
Fortunately, Techmeme arranges all of these links into a single, easy-to-scan page. Our goal is to become your tech news site of record.
Story selection is accomplished via computer algorithm extended with direct human editorial input. Our human editors are: Lidija Davis, Mahendra Palsule, Andre Garrigo, David Connell, Jarrod Cugley, and occasionally Omer Horvitz and Techmeme founder Gabe Rivera. Launched in 2005, Techmeme remains independent, bootstrapped, and privately held.
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David Folkenflik / NPR:
CNN is canceling the weekly media show Reliable Sources, and host Brian Stelter is leaving the network; Reliable Sources' final episode will air on August 21
Michael Smith / Sports Business Journal:
The Big Ten Conference finalizes media rights contracts with CBS, Fox, and NBC totaling $8B+ over seven years, almost 3x more than the previous contract
Alexander Gladstone / Wall Street Journal:
Sources: Cineworld, owner of Regal Cinemas, is preparing to file for bankruptcy in the US after struggling to rebuild attendance since the pandemic
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