Some believe that Facebook’s $1-billion purchase of Instagram makes sense, but others argue the dollar value of the deal seems almost unbelievably high. Is it another sign of a tech-startup bubble, or a smart move by Facebook to lock up a potential competitor? Read More »
Tech
Russian web incubator Fast Lane Ventures is developing a reputation for building big businesses fast, with the sale TV channel Shopping Live — its second significant exit inside a couple of months. Read More »
IBM plans to acquire retail data analytics company DemandTec in an all-cash deal valued at $440 million, continuing Big Blue’s buys in big data businesses. DemandTec has two especially compelling elements for IBM: It adds to its big data expertise, and it’s vertically focused. Read More »
The FCC has accepted AT&T’s request to withdraw its T-Mobile merger petition, allowing it to resubmit its application if it can overcome the DOJ’s antitrust lawsuit. But the FCC didn’t let AT&T get off without releasing its report condemning the merger for all to see. Read More »
AT&T’s proposed acquisition of T-Mobile seems all but dead. If the deal falls through mobile operators stand to gain or lose depending on which of side of the battle lines the stand. The biggest losers, however, aren’t necessarily AT&T and T-Mobile. Read More »
Verizon dodged a bullet on Tuesday when the FCC denounced AT&T-Mo. No conditional approval means no new regulations to haunt Verizon’s own consolidation plans in the future. Now Verizon needs its archival AT&T to throw in the towel before it can do any more damage. Read More »
Facebook has acquired friend.ly, a startup that makes a Facebook app for asking and answering questions with your friends. Financial terms of the deal have not been disclosed. Friend.ly was founded in 2010 and has reportedly raised $5 million in venture capital to date. Read More »
So, that personal computer business that HP doesn’t want anymore? The one with the largest market share in the world? Samsung isn’t interested either. The company attempted to put an end to rumors it was considering taking over HP’s laptop and desktop unit on its blog. Read More »
Skype announced that it is acquiring GroupMe, just a year after the group-messaging startup officially launched to the public. While Skype has been focused on adding video calling to its mobile applications, the GroupMe buy gives it expertise in the text-based group-messaging field. Read More »
Google has snapped up The Dealmap, an aggregator of nearby shopping deals, in an acquisition that furthers its Google Offers ambitions. The purchase, whose price was not disclosed, shows that Google is proceeding even without its unsuccessful $6 billion bid for Groupon last year. Read More »
If one thing was expected from Microsoft paying $8.5 billion for Skype, it was the criticism of the deal. I spoke with Steve Ballmer and Tony Bates about the deal and what comes next. Here are my notes from that conversation. Read More »
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