Fox Bought Roku
Fox has taken control of Roku’s streaming platform, which reaches more than 100 million US households. The acquisition gives Fox a major foothold in streaming distribution. (theverge.com)
Berkshire Hathaway is investing a further $330 million in Bending Spoons, adding to the $600 million it invested when the technology company went public in July 2026. The new private placement covers 10 million ordinary shares priced at $33 each and will bring Berkshire’s ownership to 4%. The transaction remains subject to customary closing conditions; Bending Spoons says further details will be disclosed in a filing with the U.S. Securities and Exchange Commission. Its leaders describe the investment as a sign of confidence in the company and a way to increase its financial flexibility for future acquisitions.
Bending Spoons’ business model centers on buying digital companies, making extensive operational and product changes, and using improved earnings to fund further acquisitions. Its transformations can include reorganizing teams, replacing or upgrading technology, redesigning interfaces, speeding product development, and changing marketing and monetization; the company says artificial intelligence can play a central role. It attributes its approach to a platform of employees, proprietary technology, and data, and says it has pursued the strategy for more than a decade without selling a material business. Its portfolio includes Airtable, AOL, Brightcove, Eventbrite, Evernote, Tractive, Vimeo, and WeTransfer. The additional Berkshire funding is positioned as support for continuing this acquisition-and-improvement cycle.
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Fox has taken control of Roku’s streaming platform, which reaches more than 100 million US households. The acquisition gives Fox a major foothold in streaming distribution. (theverge.com)
The MVP began as a workaround for constraints that no longer exist. The title argues that teams should rethink whether the traditional minimum viable product still makes sense. (research.oguzbilgic.com)
Fox completed its $22 billion acquisition of Roku, combining Roku’s streaming platform with Fox’s sports, news and entertainment businesses. Roku will remain an open platform, and Fox expects $400 million in annual cost savings within two years. (foxcorporation.com)
Anthropic’s prospective IPO valuation has fallen to $1.2 trillion-$1.3 trillion as investors balked at the higher target and markets tumbled. Its revenue is surging, but the company faces large accounting losses and nearly $900 billion in compute commitments. (epyhia.com)
UpCodes is hiring sales development representatives to sell its AI compliance software. The software helps customers address building-code compliance. (up.codes)
Anthropic IPO investors have lowered their valuation expectations after a sharp selloff in AI stocks, with some now discussing $1.2 trillion to $1.3 trillion. Market volatility and concerns about data-center expansion have added pressure, and some investors say a valuation near $1 trillion would be more comfortable. (bloomberg.com)
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