Shane Schick
Sue Marek
Mike DanoTag:
VC/M&A
Latest Headlines
Latest Headlines
Could Yahoo's Tumblr acquisition be the next Instagram?
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.
MessageMe tops 5M users in first 75 days, closes $10M funding round
Seventy-five days after launching, over-the-top chat application MessageMe reports that its registered userbase already tops 5 million worldwide.
GrubHub, Seamless merge to create food takeout services giant
Rival food ordering platforms GrubHub and Seamless have signed a definitive agreement to merge their services. Financial terms were not disclosed.
Sprint scoops up Handmark, OneLouder to boost mobile ad aspirations
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.
UPDATED: Yahoo buys Tumblr for $1.1B in bid for social media relevance
Yahoo has completed an agreement to acquire social networking platform Tumblr for $1.1 billion in cash, according to multiple media outlets.
Reports: Yahoo in talks to acquire Tumblr for $1B
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.
Rumor Mill: Facebook makes $1B play for social mapping startup Waze
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 .
Report: Microsoft offers Barnes & Noble $1B to acquire Nook Media
Microsoft is offering $1 billion to acquire the digital assets of Nook Media, its joint venture with bookseller Barnes & Noble, TechCrunch reports.
Yahoo continues mobile shopping spree, buys Astrid to-do app
Yahoo has acquired task management application Astrid. Financial terms of the deal were not disclosed.
Samsung, Intel lead strategic investment in Siri alternative Expect Labs
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.
