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This is page #2 of the The Write News archives.


Scripps Buys Cracked for $39 Million

Scripps has acquired the humor brand Cracked. The ad-supported Cracked runs a website, apps and a podcast. It also creates original video. Cracked is known for blending humor with satire and social criticism. Read more... May 17, 2016

NBCUniversal to Acquire DreamWorks Animation

NBCUniversal has announced plans to acquire DreamWorks Animation. The $3.8 billion deal is expected to close by the end of 2016. Comcast is the parent company of NBCUniversal. Read more... May 14, 2016

Instagram Unveils New Logo and App Design

Instagram has unveiled a new look for its logo as well as a new app design. The logo is a dramatic change from its previous logo which contained a camera face image. The new logo is just an outline of a camera. It is also very, very bright with yellow, orange, red, purple and other colors. Read more... May 11, 2016



Australian Entrepreneur Craig Wright Claims He Created Bitcoin

Australian entrepreneur Craig Steven Wright claims he is the person behind Bitcoin. Wright says the pseudonym Satoshi Nakamoto is his. Satoshi Nakamoto was the pseudonym used by the Bitcoin creator. Read more... May 2, 2016

Facebook Reportedly Developing a New Camera App

Facebook is reportedly developing a new camera app. This new app will open users directly into a camera. The goal of the app is to get Facebook users to share more photographs. Read more... April 26, 2016

The Verge Launches Gadget Blog Called Circuit Breaker

The Verge has launched a new gadget blog called Circuit Breaker. The blog boasts that it is the "world's best" on its Facebook page. The Verge is owned by Vox Media. Read more... April 25, 2016

PicsArt App Raises $20 Million in Funding

The PicsArt company has raised $20 million in additional funding. The company is looking to increase its user base in China and Japan. The company says its main photo-editing app has been downloaded 250 million times. Read more... April 20, 2016

Verizon and Hearst Enter Agreement to Acquire Complex

Verizon and Hearst announced today that they have entered into an agreement to jointly acquire Complex with a 50/50 ownership structure. Complex is a pop culture entertainment company founded by Marc Ecko in 2002. Complex co-founder and CEO Rich Antoniello will remain CEO of the company after the deal is closed. Read more... April 18, 2016

Ponder Bills Itself as an Anti-Social Network

A new photo and video sharing app called Ponder is billing itself as an anti-social network. Ponder says whether or not your photo will be seen doesn't matter how many followers you have. Ponder also says it lets the user decide what is trending based on the quality of their photos and videos. Read more... April 15, 2016

BuzzFeed Cuts 2016 Revenue Projections After Missing 2015 Target

BuzzFeed is an online media and entertainment company originally known for list-type articles featuring animals and celebrity photos. It has since expanded into original news and content. The company reportedly made $170 million in 2015 according to the Financial Times. This is a very impressive amount but it fell well short of the company's $250 million goal. Read more... April 12, 2016

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