SiriusXM Lays Off 60 After Completion of Pandora Acquisition

In the wake of SiriusXM completing its $ 3.5 billion acquisition of Pandora, 60 people have been let go, according to an internal memo sent to the company’s staff by CEO Jim Meyer. A source noted to Variety that not all of the affected employees were at Pandora; the news was first reported by Billboard. “When […]



Taboola Makes Acquisition to Bolster Its Take on Apple News

Taboola is acquiring an Israeli team to bolster its young news recommendation service for users of Android phones. WSJD


Wall Street Applauds as Disney Nears Finish Line on Fox Acquisition

Wall Street is rooting for Disney as the media giant reaches the finish line this week in its 15-month quest to acquire most of Rupert Murdoch’s film and TV empire. Fox shareholders, on the other hand, are being a little more cautious. Disney is poised to close the $ 71.3 billion deal that took many twists […]



Disney’s Acquisition of 21st Century Fox Set to Close Next Week

Disney’s $ 71.3 billion acquisition of 21st Century Fox is set to close next week.

Announced by Disney and Fox, the acquisition, which was first announced at the end of 2017, is expected to officially close on March 20, 2019, at 12:02am ET.

The news arrived alongside the deadline for holders of 21st Century Fox’s common stock to elect the form of consideration they wish to receive in preparation for closing.

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SoftBank’s Biggest Backers Balk at Planned $16 Billion Acquisition of WeWork

Key investors in SoftBank’s giant tech fund have balked at a planned $ 16 billion investment in co-working startup WeWork, leaving SoftBank Chief Masayoshi Son to find an alternative as his ambitions hit up against the limits of his financial firepower. WSJD


Activist Investor Questions Perry Ellis Acquisition Deal

The battle for Perry Ellis International might be heating up again.
On Thursday, Water Island Capital disclosed a 5.5 percent ownership stake in the company and in a Securities and Exchange Commission filing said it “does not believe that the merger consideration” by Feldenkreis Holdings LLC “represents fair value to the Issuer’s shareholders.” It went on to say that it is “considering various options and remedies to maximize the value of its shares in connection with the merger.”
As reported, in mid-August, the Perry Ellis Special Committee ended discussions with Randa Accessories which had submitted a higher $ 444 million offer for the company and reiterated a commitment to a $ 437 million transaction it inked with former chief executive officer George Feldenkreis to take the company private. Randa had offered $ 28.90 a share to Feldenkreis’ $ 27.50.
The special committee said the decision was a response to news that an inbound licensor would not approve a change in control of the license to Randa should it buy the company. It said the inbound licensor was the company’s largest, leaving speculation that it was Nike Inc., which has a business with Perry Ellis valued at more than $ 100 million.
Randa’s expertise is in accessories while Perry Ellis manufactures

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Comcast Approached 21st Century Fox About an Acquisition

New suitors are circling 21st Century Fox, affirming that the media empire built by Rupert Murdoch is now in play. Comcast has approached the media company to express interest in buying a substantial piece of it. Verizon and Sony are also kicking the tires. US Business


Foundations of Knowledge Acquisition

Foundations of Knowledge Acquisition

One of the most intriguing questions about the new computer technology that has appeared over the past few decades is whether we humans will ever be able to make computers learn. As is painfully obvious to even the most casual computer user, most current computers do not. Yet if we could devise learning techniques that enable computers to routinely improve their performance through experience, the impact would be enormous. The result would be an explosion of new computer applications that would suddenly become economically feasible ( e.g. , personalized computer assistants that automatically tune themselves to the needs of individual users), and a dramatic improvement in the quality of current computer applications ( e.g. , imagine an airline scheduling program that improves its scheduling method based on analyzing past delays). And while the potential economic impact of successful learning methods is sufficient reason to invest in research into machine learning, there is a second significant reason: studying machine learning helps us understand our own human learning abilities and disabilities, leading to the possibility of improved methods in education. While many open questions remain about the methods by which machines and humans might learn, significant progress has been made.

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