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Google Ventures is losing its CEO | Recode Daily: August 11, 2016

Bill Maris, who founded the venture capital unit, is leaving after seven years.

Bill Maris
Bill Maris

.Bill Maris, the web entrepreneur who founded Google's venture capital arm in 2009 and built it into a formidable force in Silicon Valley, is leaving at the end of the week. The GV CEO will be the third high-ranking exec in recent months to leave one of the non-Google units of parent company Alphabet. He's planning on taking a short breather before deciding on his next move.
[Mark Bergen | Recode]

.One of these days, if the Silicon Valley chatter proves true, somebody is going to make a bid for Twitter, which has been disappointing investors with its sluggish growth. The list of major stockholders who could influence such a deal is a short one and includes co-founders Jack Dorsey and Ev Williams and the interesting combination of Steve Ballmer and Saudi Prince Alwaleed Bin Talal.
[Kurt Wagner | Recode]

.In the latest episode of Recode Media, Peter Kafka talks to James Andrew Miller about his new book "Powerhouse," an oral history of the Creative Artists Agency and the immense power it wields behind the scenes in Hollywood.
[Eric Johnson | Recode]

.Keeping the talents of CEO Marc Lore was so important to Walmart that its $3.3 billion acquisition deal requires him to stay at least five years, instead of the more common two or three, to collect a payout estimated at $750 million to $1 billion.
[Jason Del Rey | Recode]

.Condé Nast, which already owns tech sites Wired and Ars Technica, came close to landing profitable tech review site Digital Trends in a $120 million deal, but late-stage talks broke down in the past week or so.
[Peter Kafka | Recode]

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