Walmart buying Jet.com; Twitter slims down; Snapchat, NBC deal

Walmart buying Jet.com; Twitter slims down; Snapchat, NBC deal

Jet.com stakeholders will get $3 billion in cash, a portion of that to be distributed over time, and $300 million in Walmart stock over time, the companies said Monday.

Walmart has key e-commerce offices in San Bruno.

Twitter may be getting some company at its landmark Mid-Market headquarters in San Francisco.

Marketing materials show that the social media company is listing more than 180,000 square feet for sublease at its headquarters as the company continues its efforts to meet investor expectations and increase its number of users.

Twitter is San Francisco’s second-largest tech employer after Salesforce.

Singing is a Snap

series that add to what it broadcasts on the TV network.

will start things off with a five-episode Snapchat series beginning Aug. 22, letting users submit singing videos that will be judged by coaches

The Daily Briefing is compiled from San Francisco Chronicle staff and news services.