Instagram Deal Opened Door to Tumblr Valuation
June 11 (Bloomberg) -- Mark Seneca, corporate partner at Orrick, Herrington & Sutcliffe LLP, talks with Bloomberg Law's Spencer Mazyck about his representation of Instagram Inc. in its $1 billion acquisition by Facebook Inc. last year. Seneca, in this "Rainmakers" episode, also compares the 2012 blockbuster tech deal to Yahoo! Inc.'s recent acquisition of Tumblr Inc.
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Slowest Inflation in Two Years Ratifies Poloz's Pessimism
14:05 - Canada's core inflation rate was the slowest in two years in August, missing even the most bearish forecast, in another blow to the country’s economic outlook. Bloomberg's Greg Quinn reports. (Source: Bloomberg)