Cheddar Morning Business Update 12

This is source I found from another site, main source you can find in last paragraph

Disney is buying a large part of 21st Century Fox for about $52.4 billion in stock. Disney will take over Twentieth Century Fox film and television studios - as well as its cable and international television businesses. Fox will spin off its broadcasting network, and sports and news properties as part of the acquisition. As part of the deal, Disney CEO Bob Iger will extend his tenure until 2021.

The Department of Justice has opened a criminal investigation into an Uber executive's alleged theft of Google's self-driving technology. A federal judge unsealed a letter, which according to the Associated Press, reveals the company used secret communications to hide technology stolen from competitors. Uber denies any allegations of theft.

It's been a record year for Facebook Messenger. the chat app doubled its number of video calls in 2017 to 17 billion - marking its move to take on competitors like Skype and even Facebook-owned Whatsapp. Over seven billion conversations took place on the app each day - with lots of emojis - more than 500 billion were shared.

This is source I found from another site, main source you can find in last paragraph

Source : http://longisland.news12.com/story/37066573/cheddar-morning-business-update-1214-disney-buying-large-part-of-21st-century-fox-in-524b-deal

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