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  • 08.16.16

Morning intel: Univision and Ziff Davis bid on Gawker, Google launches Duo

• The DOJ discovered evidence of criminal wrongdoing in its investigation into Volkswagen’s emissions scandal, according to the Wall Street Journal. The automaker could be fined more than $1.2 billion. 

• The bids for Gawker Media are in, which means Univision and Ziff Davis are jockeying to buy the publisher. Gawker is reportedly hoping for a sale price of more than $115 million. 

• Google’s FaceTime competitor Duo has finally launched, entering an already crowded market for video calling apps. 

• Snapchat is reportedly acquiring search and discovery app Vurb for $110 million, possibly to add bot functionality to its chat feature. PM