Techmeme
November 6, 2017, 8:25 AM

Top News

Bloomberg:
Broadcom offers $105B to buy Qualcomm for $70/share, a 28% premium to Qualcomm's closing price on Thursday, in deal valued at ~$130B including $25B of net debt  —  Broadcom is proposing to buy Qualcomm for $70 per share in a cash and stock deal valued at $130 billion, Bloomberg News reports.
T-Mobile:
The Guardian:
Two Russian state-owned companies, VTB Bank and Gazprom, owned stakes in Yuri Milner's DST Global funds that invested in Facebook and Twitter pre-IPO  —  Institutions with close links to Kremlin financed stakes through business associate of Trump's son-in-law, leaked files reveal
Wall Street Journal:
Billionaire Saudi Prince Alwaleed bin Talal, who holds large stakes in Twitter, Lyft, and Apple, arrested in apparent power consolidation  —  Saudi leadership in recent months has clamped down on any traces of dissent  —  Saudi authorities carried out a new wave of arrests targeting royals …
Laura Stevens / Wall Street Journal:
Amazon quietly rolls out a “Discount provided by Amazon” tag, discounting select items from independent merchants by up to 9%  —  The move allows the retail giant to compete more fiercely with low-cost rivals, but could hurt its relationship with big-name brands, manufacturers and merchants
More: Engadget and FortuneTweets: @matthewstoller
Ted Greenwald / Wall Street Journal:
Source: Intel and AMD are teaming up for a new laptop chip that combines an Intel processor and an AMD graphics unit, in a bid to compete with Nvidia  —  New laptop-computer chip will combine an Intel processor and an AMD graphics unit  —  Intel Corp. INTC -1.61% and Advanced Micro Devices Inc. …
More: CNBC
Elizabeth Grieco / Pew Research Center:
Pew: 26% of US adults get news from two or more social media sites, up from 15% in 2013 and 18% in 2016; 50% of Facebook news users get news via Facebook alone  —  Americans are more likely than ever to get news from multiple social media sites, according to a recent Pew Research Center report.

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Adyen:
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James Vincent / The Verge: