Yahoo officially acquires Tumblr for $1.1 billion
After weeks of speculation and the Yahoo board approving the deal yesterday, Yahoo has officially announced that it will be acquiring the blogging site for a sweet $1.1 billion. Yahoo…
Category Archives: Acquisitions
Yahoo probably buying Tumblr for $1.1 billion
According to the Wall Street Journal, the Yahoo board has approved a $1.1 billion cash deal to purchase blogging site Tumblr. The move will see one of the most unpopular…
Is Twitter Music coming? (Update: Possibly coming tomorrow)
Twitter today confirmed that it has acquired the Aussie startup, We Are Hunted, a music discovery service – further backing up rumours that Twitter is working on its own music…
Why LucasArts shutting down could be a good thing
Over the past few days the internet has held a lot of resent over Disney for closing down LucasArts, which sure, for the loss of jobs it has caused is…
Aussie / UK Kid sells his app to Yahoo for $30m
Nick D’Aloisio, 17, the creator of the mobile news reading app, Summly has just sold the app to Yahoo! for the cool sum of $30 million helping him become one…
Yammer sold to Microsoft for $1 Billion
The Wall Street Journal have confirmed recent rumours of a Microsoft acquisition of Yammer. The price for the private social network for business is reported to be US $1 Billion….
Samsung acquires mSpot Music, may push cloud-based media to devices.
Although Samsung didn’t announce that it would be introducing a cloud-storage service to users at the much-anticipated Samsung Galaxy S-III launch, it has implied that it is certainly interested in exploring such…
Instagram acquired by Facebook, 1 Billion photos/dollars
This morning the world woke to news that Facebook was making its first large-scale, high-priced acquisition, Instagram. The smash hit photography app has garnered serious traction in less than two…
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