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Press Releases

TPG Capital Backs RCN’s Acquisition of Wave Broadband for $2.365 Billion

KIRKLAND, Wash.& FORT WORTH, Texas& SAN FRANCISCO---- TPG Capital, the global private equity platform of alternative asset firm TPG, announced today that it is backing RCN Telecom Services, LLC, a nationwide broadband service provider controlled by TPG, to combine with Wave Broadband for $2.365 billion. Currently owned by Oak Hill Capital Partners, Wave management, and...

Source: Business Wire

Early Netflix investor on 15th anniversary of IPO

Mike Schuh, Foundation Capital GP Emeritus, weighs in on the anniversary of Netflix's IPO, streaming competition, growth and the CEO Reed Hastings.


Hedge funds pile into tech stocks as bullish bets surge to post-crisis highs

Hedge funds poured into the biggest tech names and top consumer discretionary picks during the first quarter, according to research from Goldman Sachs.


Analyst: Market is big enough for more than just Netflix

Anthony DiClemente, Instinet senior media & internet analyst, discuss the outlook for Netflix as it celebrates its 15th IPO anniversary.


Facebook leaked documents show types of content it allows -Guardian

May 21- Leaked Facebook Inc documents show how the social media company moderates issues such as hate speech, terrorism, pornography and self-harm on its platform, the Guardian reported, citing internal guidelines seen by the newspaper. New challenges such as "revenge porn" have overwhelmed Facebook's moderators who often have just ten seconds to make a...

Source: Reuters

The man who created Dothraki for 'Game of Thrones' is teaching a college course on it

Attention Game of Thrones fans, David Peterson, the man behind Dothraki is teaching a language invention class at U.C. Berkeley this summer.


When Tony Soprano comes knocking: Why companies shouldn't give in to digital extortion

In an era where data breaches are commonplace, experts said companies that find themselves being blackmailed should take a hard line with ransomers.


We'll have to wait until the end of the summer for Facebook's TV shows

The company is getting ready to jump into the TV market.

Source: Recode

With drama aplenty, Netflix and 'Okja' debut in Cannes

CANNES, France— Netflix's entry into the Cannes Film Festival produced new drama Friday as the first screening of its film "Okja" was met with boos for Netflix and a technical glitch that prompted the festival to restart the film and apologize to the audience. The premiere of the South Korean director's latest film, featuring Tilda Swinton and Jake Gyllenhaal, was...

Source: The Associated Press

Where buyers flock after a sell-off

Jim Cramer says that investors tend to buy growth stocks on the day after a market dip.