Links 8/3: WalMart reported in buyout talks with Jet.com; Time Warner buys 10% stake in Hulu






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Wal-Mart in talks to buy online retailer Jet.com: WSJ (Reuters)

Jet.com's Founder Has Made a Lot of Money by Annoying Amazon (Fortune)
MentorTech Ventures would stand to do well, although its likely a small stake and Jet has eaten through a large amount of capital.


Time Warner lifts profit forecast, takes stake in Hulu (Reuters)

Time Warner Acquires 10% Stake in Hulu as Cable Drives Profits (Bloomberg)

Time Warner Binges on Hulu (Hulu)

Axial Raises $14M to Scale Online Capital Market (Press Release)
Edison Ventures leads Series C, joined by returning investors including Comcast Ventures and First Round Capital.


Pa. Turnpike plans 550-mile broadband Internet network (Philly.com: Philly Deals)

BlackRock Fund-of-Funds to Get Up to $1 Billion From New Jersey (Bloomberg)


Internet of Things strategies are going from general to specialized and vertical (Recode)














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