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China’s Ant Financial has ended its $1.2B bid to buy US payments service MoneyGram after the US government rejected it. The Chinese company, an Alibaba affiliate, will pay a $30M breakup fee.
Hoda Kotb will permanently replace Matt Lauer as co-anchor of NBC’s “Today” after he was fired in November over allegations of inappropriate sexual behavior.
Venture capitalist Peter Thiel’s firm purchased roughly $15M of bitcoin last year, an investment now worth hundreds of millions of dollars, The WSJ reports. Thiel is one of the first mainstream investors to make a big bet on the currency.
“A new year is a time for change — no more so than here at Vice.”
-- Vice COO/CFO Sarah Broderick, in a company memo addressing sexual harassment claims against high-level execs
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Animation: Lucy Clinch
Script: Katie Carroll, Lorraine K. Lee
Art: Jacqueline Zaccor
Producer: Florencia Iriondo