Comcast have offered a staggering £30.5bn in a bid to purchase Sky, with shareholders receiving 10% more than if they remained with Fox. Fox’s 39% stake in Sky is said to be sold to Disney in compliance with its asset takeover finalised last year. It means that Fox and Disney must decide whether they sell their shares to Comcast for £11.9bn or put their shares up for bid.
— Comcast (@comcast) September 22, 2018
The two men behind Instagram have announced they are leaving the company. It is alleged that, Kevin Systrom and Mike Krieger are unhappy with new features available such as longer video formats which went against their original ideas. Their twitter posts talked of new adventures and rediscovering their creative streaks. The news comes amid a year where Facebook’s shares have dramatically decreased, Mark Zuckerberg has been taken to court over data privacy and the founders of WhatsApp walked out over encryption and security concerns.
Over 8 years ago, Kevin and I started Instagram, hoping to build something that would bring out people’s creativity and spirit for exploration. Now it’s time for the next chapter. A huge thank you to everyone in the community who we’ve met along the way. https://t.co/9Omyj6VHbe
— Mike Krieger (@mikeyk) September 25, 2018
The @instagram journey is one I won't forget. It started by building simple products that solved universal problems. Now eight years we look back and are proud and grateful to have been part of that journey. Thank you to the entire community as we move on for now.
— Kevin S. (@kevin) September 25, 2018
Tiger Woods’ win at the 2018 Tour Championship marked his first title in five years and a resurgence in sponsorship deals. The 14-time major champions sponsorship deal with Nike spans over two decades. Ten years ago, his Nike endorsements alone were valued at an estimated $40 million and while it’s unlikely they will ever reach those numbers again, his sponsorship deals with the likes of Monster Energy, Rolex and Upper deck (to name a few), are worth $42million in 2018. As well as value increasing on all his current deals, it is likely that there will be new found interest from other sponsors looking to make money off his unexpected return to winning ways.
He’s done it again.
— Nike (@Nike) September 24, 2018