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Atlas Holdings Buys MWV's Media Packaging Business

Greenwich, Conn. - MeadWestvaco (MWV), a provider of packaging to many major brands, said on Tuesday it will sell its media and entertainment packaging business to...

WSJ: Blackboard in Advanced Talks to Be Acquired

Washington, DC -- Blackboard, the DC-based developer of educational software, is in advanced talks to be acquired by buyout firm Providence Equity Partners, ...

Starz Warns Subscribers of Looming Drop by Comcast

Variety reports: "Comcast subscribers will have to do without Starz shows like “Power” and “Outlander,” the result of the latest showdown between a major...

Moviefone Sold for Fire-Sale Price of $1 Million to Mystery Buyer

Variety reports: "Hello? Welcome to the new owner of Moviefone — whoever that is. Moviefone, the once-popular movie listing service that was left stranded...

Microsoft acquires cybersecurity firm RiskIQ as the threat of ransomware intensifies

The Verge reports: "Microsoft is officially acquiring RiskIQ, a security software vendor. RiskIQ provides management tools and threat intelligence gathering against a wide range...

iHeartMedia Plans To Host Metaverse Concerts In ‘Fortnite’ Virtual World

The Hollywood Reporter reports: "iHeartMedia has launched its first virtual world on Fortnite, called iHeartLand, as the company extends its marketing investments into the...

Swipely Raises $7.5 Million for Social Shopping Platform

Providence, R.I. - Swipely, the provider of a social media service for consumers, has raised $7.5 million in its first round of venture capital financing, led by...

Facebook Acquires Chai Labs for Reported $10 Million

Palo Alto, Calif. - Facebook has acquired Chai Labs, the provider of a website publishing platform, for around $10 million, All Things D reported. Mountain View,...

Report: Twitter Raises $200 Million at $3.7 Billion Valuation

San Francisco - Twitter has raised a new $200 million round of venture capital financing, in a deal that values the company at $3.7 billion, All...

Walmart Enters The Metaverse With Roblox Experiences Aimed At Younger Shoppers

CNBC reports: "Walmart is entering the metaverse with two experiences premiering Monday on online gaming platform Roblox. The retail giant’s first foray into the...