Per the Wall Street Journal (paywall), the tech giant invested an unspecified amount of money in Symphony at a valuation of $650 million. Google is to invest in the new messaging start-up, Symphony, a rival to Bloomberg. Though terms of the investment have not been released, the Wall Street Journal says the deal will value Symphony at $650m. The acquisition comes as Facebook and Twitter are under pressure from regulators over their role in spreading fake news on social media.
Google is to invest in the new messaging start-up, Symphony, a rival to Bloomberg. Though terms of the investment have not been released, the Wall Street Journal says the deal will value Symphony at $650m. The acquisition comes as Facebook and Twitter are under pressure from regulators over their role in spreading fake news on social media.