When Twitter acquired Vine in 2012 in an attempt to bring video to social media, hopes were high. Twitter was thriving with an ever expanding user base and Vine was all the rage. The $30 million price tag seemed like a steal. Now, Twitter is officially closing vine down. Is this a sign of things to come? Can Twitter be far behind?
Read The Capitalist’s Take Here
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DRAFTKINGS & FANDUEL FINALIZING TERMS OF IMMINENT MERGER
DraftKings and FanDuel, the two dominant players in the daily fantasy sports industry, are finalizing terms of a merger, multiple sources with knowledge of the discussions told ESPN on Friday.
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ARMED OCCUPANTS OF OREGON WILDLIFE REFUGE ACQUITTED
In a surprise verdict, a jury has found all seven defendants not guilty of charges linked to their 41-day, armed occupation of Oregon’s Malheur National Wildlife Refugeearlier this year. The courtroom quickly descended into chaos…
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Closing Bell
-Friday, October 28th
Stocks Close Lower After New Clinton Probe Opens
Big Insider Trades
– Alphabet Inc. (GOOG) CEO Larry Page Sells $27m
– Freeport-McMoRan, Inc. (FCX) Director Courtney Mather Buys $1.6m
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