President-Elect Donald Trump has never backed down from an argument. The man is known to hold a grudge – just ask Rosie O’Donnell. So it was a surprise when he invited leaders from the tech industry to a meeting at Trump Towers to foster innovation and agree to fair trade deals. But while Trump extended an olive branch to tech leaders who openly campaigned for Hillary Clinton, some big names were absent from the meeting. What can we expect moving forward from Trump and tech?

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RUPERT MURDOCH AND FOX AGREE TO BUY OUT SKY IN $14.6 BILLION DEAL

Rupert Murdoch's Twenty-First Century Fox has struck a $14.6 billion deal to buy European pay-TV firm Sky that unites a media empire across two continents and helps it take on rivals like Netflix in the battle for viewers. Fox said it would pay 10.75 pounds per share – or 11.7 billion pounds – for the 61 percent of Sky it does not already own to control a business with 22 million customers in Britain, Ireland, Italy, Germany and Austria.

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INSTAGRAM DOUBLES IN SIZE IN TWO YEARS; REACHES 600 MILLION ACTIVE MONTHLY USERS

Instagram has reached 600 million monthly active users, adding its latest 100 million users faster than it ever has before, the company said on Thursday. Instagram's user base has doubled in size from 300 million monthly users to 600 million monthly users in two years. Instagram reached 500 million users in June, adding its latest 600 million users in six months. It took the app nine months to grow from 400 million users to 500 million users…

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Closing Bell

– Thursday, December 15th

Markets Close Higher as Financials Lead the Way

Big Insider Trades

– Best Buy Co., Inc. (BBY) Stake Owner Richard Schulze Sells Another $4m

– Viacom, Inc. (VIAB) Director Ronald Nelson Buys $700k