Amazon Buys MGM Studios

MGM Logo

Apple will regret they didn’t snap up MGM. Today Amazon buys MGM Studios for US$9 billion. There are only few other content outlets of this quality, and prices for all others will go up.

Amazon now owns James Bond Photo: Mladen Antonov/AFP (Getty Images)

It’s official folks— Jeff Bezos now owns James Bond . After murmurs earlier this week, Amazon announced today that it had acquired MGM in an $8.45 billion deal that will bolster the e-commerce giant’s Hollywood ambitions.

Gizmodo on Amazon buying MGM

Source: Amazon Buys MGM Studios for $9 Billion

The news also appeared on lots of other channels, like The Verge or TechCrunch.

Fastly went public.

Already on Friday, Fastly, one of the more prominent representatives of the Website acceleration technology business, went public. Despite two days old, still worth mentioning. The San Francisco based company can be found under the label NASDAQ: FSLY. Measured by the initially offered price of 16$/share, the first day of trading close at $24.20 can be considered a successful IPO.

Fastly's Initial Public Offering
Fastly went public

Today, we listed on the New York Stock Exchange, marking our first day of trading as a public company.

Quote from the article.

Source: Fastly’s Initial Public Commit