This week, Yahoo confirmed it would be acquiring visual micro-blogging platform Tumblr in a deal worth $1.1 billion, one of its largest acquisitions to date. The deal is already drawing comparisons to Facebook's $715 million acquisition of Instagram, and it is easy to see why.
Seventy-five days after launching, over-the-top chat application MessageMe reports that its registered userbase already tops 5 million worldwide.
Rival food ordering platforms GrubHub and Seamless have signed a definitive agreement to merge their services. Financial terms were not disclosed.
Sprint Nextel has acquired mobile software development and distribution firm Handmark, along with its social media apps and ad unit, OneLouder. The deal officially closed last month. Financial terms were not disclosed.
Yahoo has completed an agreement to acquire social networking platform Tumblr for $1.1 billion in cash, according to multiple media outlets.
Yahoo is in advanced discussions to acquire social networking platform Tumblr for as much as $1 billion, Adweek reports. AllThingsD first reported on the talks, noting the two firms are also mulling strategic alliance and investment options.
Facebook is on the verge of acquiring crowdsourced location services firm Waze for between $800 million and $1 billion, according to multiple reports in Israeli business journals Calcalist , Ynet , and The Market .
Microsoft is offering $1 billion to acquire the digital assets of Nook Media, its joint venture with bookseller Barnes & Noble, TechCrunch reports.
Yahoo has acquired task management application Astrid. Financial terms of the deal were not disclosed.
Samsung Venture Investment Corporation, Intel Capital and Telefónica Digital are investing in Expect Labs, the San Francisco startup behind intelligent digital assistant technology that processes conversations in real time and shares related information. Funding details were not disclosed.