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$400 million

FTC Will Not Appeal Decision Allowing Meta To Acquire VR Content Maker Within Unlimited

Daisy Feb 7, 2023

Last Updated: February 07, 2023, 12:52 ISTMeta did not disclose what it was paying for Within but tech publication the Information put the price at about $400 million. The U.S. Federal Trade Commission (FTC) said it will not appeal its…

Technology

Ackman gives up on Netflix, taking $400 million loss as shares tumble

Daisy Apr 21, 2022

Billionaire investor William Ackman liquidated a $1.1 billion bet on Netflix on Wednesday, locking in a loss of more than $400 million as the streaming service's stock plunged following news that it lost subscribers for the first time in a…