Silver Lake Latest Celebrity News & Gossip

By Patrick Frater

By Patrick Frater

Private-equity firm Silver Lake has struck a deal to invest $750 million in Indian telecom and technology giant Jio Platforms, less than two weeks after Facebook said it would pay $5.7 billion for a holding of about 10 percent in the company. Silver Lake’s investment values Jio at $65 billion, about 12.5 percent more than the valuation implied by Facebook's recent deal.

Private-equity firm Silver Lake has struck a deal to invest $750 million in Indian telecom and technology giant Jio Platforms, less than two weeks after Facebook said it would pay $5.7 billion for a holding of about 10 percent in the company.Silver Lake's investment values Jio at $65 billion, about 12.5 percent more than the valuation implied by Facebook's recent deal.The pair of investments caps off a stunning ascent for the Indian telecom and digital services insurgent.

By Andreas Wiseman

By Patrick Frater

When legendary architect John Lautner moved to Los Angeles in 1939 and completed his first building, architectural critic Henry-Russell Hitchcock hailed it as “the best house in the United States by an architect under 30.” Incredibly, you now have a chance to live in that house. Located in Silver Lake, the 1,244-square-foot residence has three bedrooms, two baths, and a patio extending outside the kitchen & dining area that expands the sense of space, and highlights the spectacular view.

By Mark David

Multiple Grammy Award-winning artist and producer Ben Harper has launched his own record label Mad Bunny Records, Billboard can announce. Harper, who will run the label out of Los Angeles

Olivia Wilde steps out for some fresh air with her younger brother Charlie Cockburn on Wednesday afternoon (March 25) in the Silver Lake neighborhood of Los Angeles.

Twitter has reached a settlement with activist investor Elliott Management that includes tech investor Silver Lake taking a $1 billion stake in the social media giant and co-founder and CEO Jack Dorsey remaining at the helm, at least for now. Twitter also inked a cooperation agreement with Elliott Management that will see Silver Lake’s investment, together with cash on hand, fund a $2 billion share repurchase program.

Jack Dorsey will continue at helm of Twitter after the company reached an agreement with activist investor that had been potentially looking to oust the social network’s co-founder.

By Jill Goldsmith

Festival goers attend the DTLA Proud Festival in 2018 at Pershing Square. Photo: DTLA Proud.

Apair of progressive women — with ties to the entertainment industry — are gunning to unseat L.A.

Photo courtesy Tom of Finland Foundation/Copyright by Peter Berlin

It’s prime horror-movie season, and psychological chiller “The Lodge” does not disappoint. The follow-up to 2014’s “Goodnight Mommy,” from writer-directors Veronika Franz and Severin Fiala, sees Riley Keough (“Under the Silver Lake”) playing an awkward stepmom-to-be marooned in a cabin with two resentful charges — the teen son (Jaeden Martell) and tween daughter (Lia McHugh) of her partner, Richard (Richard Armitage).