Tag: acquisition
5 reasons why Amazon might have bought Twitch
Big news overnight from Amazon, which has bought streaming service Twitch for a cool $970m. Yes – that’s right – Amazon. Twitch had multiple suitors, but it seems that in […]
Google buys Jetpac “Neural Network” firm
Google has been on another shopping spree and has acquired a company called “Jetpac” which is a “neural network” company that has created a city guide app. The Jetpac app […]
Apple buy talk/podcast app Swell?
Rumours are flying around that Apple has been spending its pocket money: Has it just put down $30m to buy talk radio app Swell? According to Recode, Apple has bought […]
Is Google trying to buy Spotify? Here’s why a deal would be great for both companies.
Interesting rumours are doing the rounds suggesting that Google might be attempting to acquire music streaming service Spotify. Such a deal could massively upset the music and tech industries. TechRadar […]
Facebook expands further in mobile, buys Snaptu
Facebook has acquired Snaptu, a company focused on developing and delivering online services for mobiles, the companies have confirmed. Facebook said the deal was "part of our goal to offer people around the world the opportunity to connect and…
Facebook goes for mobile, buys group messaging service Beluga
Facebook has taken another step towards becoming our first point of internet contact by buying messaging group Beluga. Beluga is a developer of mobile applications and web systems, enabling users to send instant group messages via SMS. Founded less…
Disney tucks into social media world by buying pre-teen network Togetherville
The Magic Kingdom is now coming to the world of social media as Disney has bought Togetherville, TechCrunch has confirmed. This is a social network for kids under the age of ten, where parents sign up their children to…
How Facebook nearly bought Twitter
When it comes to Social Networking sites, Facebook is the current undisputed king. When it comes to microblogging and ‘status update’, however, Twitter rules. Facebook knows this, which is why it offered US$500 million’s worth of stock to Twitter, three weeks ago, to buy it.
Fortunately, or unfortunately, depending on your perspective, Twitter rebuffed the offer. There were concerns that $500 million of Facebook stock wasn’t actually worth $500 million, as well as worries over how Facebook would integrate the service into the site.
Lastly, it seems that Twitter wants to have a go at seeing if it can make any actual revenue itself first, before letting someone else try. After all, despite having considerable outgoings in server, SMS and staff costs, Twitter doesn’t actually make any money at all. Yet.
AOL combines Bebo, AIM, ICQ into "People Networks", looks to expand globally
A couple of months from AOL’s announcement of its intentions to buy Bebo, the $850m deal has been sealed.
Though exact details of future plans and money involved isn’t clear, it seems AOL is keen to push Bebo into other countries, particularly those in Europe, as well as creating “People Networks”, a new community platform combining Bebo, AIM, and ICQ…
AOL buys Bebo: ready for more CDs through your letterbox?
Social networking sites are definitely the hot virtual property of the moment, with news today that AOL is buying Bebo for a cool $850m.
Bebo is still the most popular social networking site in the UK and Ireland, and globally has over 40 million members, though in the US it’s in third place behind MySpace and Facebook…
