Google In Final Negotiations To Acquire Digg For “Around $200 Million”

"Google’s on and off negotiations with Digg have been back on in a big way for the last six weeks, we’ve heard from multiple sources inside and outside of Google. The two companies have reportedly signed a letter of intent and are close to a deal that will bring Digg...

Twitter to buy Summize?

The rumors are a flyin'"Twitter may soon be adding search to its functionality, with the acquisition of Summize, according to blogger Josh Chandler. The rumor-mill is a-chirping [ed. note: tweeting?], with a...

Nokia buys social networking site Plazes

" HELSINKI (Reuters) - The world's top cellphone maker Nokia said on Monday it has agreed to buy social networking start-up Plazes as part of its major push into offering Internet services. Plazes (http://www.plazes.com/) provides location-aware services that people...

Yahoo-Microsoft talks fail, Google deal expected

Yahoo Inc and Microsoft Corp failed to reach a deal today, sending Yahoo shares down 13 percent.A deal with Google is now looking to be on the cards."Instead, Yahoo is close to a search advertising deal with Google...

Microsoft plays Pacman: Facebook next?

After failing to gobble up Yahoo, Microsoft turns its face to FaceBook.Whatdaya think the 70,000,000 Facebook members think?"SEATTLE (Reuters) - Microsoft Corp gauged Facebook's interest in a possible acquisition...

Microsoft sets a 3 week ultimatum for a Yahoo decision

""If we have not concluded an agreement within the next three weeks, we will be compelled to take our case directly to your shareholders, including the initiation of a proxy contest to elect an alternative slate of...

AOL to buy Bebo for just under 1 billion

"NEW YORK--(BUSINESS WIRE)--AOL announced today that it has entered into an agreement to acquire Bebo (http://www.bebo.com), a leading global social media network. Together with its AIM and ICQ personal communications network, the acquisition will give...

AOL Buys Bebo for $850 Million

Paying close to a billion dollars cash, wounded Internet giant AOL (itself owned by Time Warner) has bought Bebo, a popular social networking site.This deal bears out the theory that social networking sites' value...

Digg for Sale?

This time around, rumors of Digg's sale may not be exaggerated. The link aggregator is apparently the target of a bidding war between such behemoths as Microsoft and Google, who would both benefit from access to the...

Vancouver Start-up Index - February 2008

For the record, I don't put too much faith in these metrics but it's kind of fun to watch the Brownian motion in action:"The index ranks Vancouver-area start-ups based on an average of Alexa and Compete traffic...

Has Bebo Been Bought for $1 Billion?

TechCrunch is spreading some big buck tech gossip by suggesting that the social network site Bebo.com has been (or is about to be) acquired for a cool billion dollars."Following up to our post last week talking about...

Microsoft proposes acquisition of Yahoo! for $31 per share

"Microsoft's proposal would allow the Yahoo! shareholders to elect to receive cash or a fixed number of shares of Microsoft common stock, with the total consideration payable to Yahoo! shareholders consisting of one-half cash and one-half Microsoft common stock. The offer...

Hughes announces agreement to acquire Helius, Inc.

"Hughes Communications, Inc. (HUGHES), the global leader in broadband satellite network solutions and a leading broadband managed network services provider, announced today that it has entered into a definitive agreement to acquire Helius, Inc., a portfolio company of Canopy...

Avnet, Inc. acquires YEL Electronics Hong Kong Ltd.

"YEL generated approximately US$200 million of revenue in the twelve months ended December 2007 with over 80 per cent coming from IP&E products. With the acquisition, Avnet gains a well established team of talented and knowledgeable employees serving over 2000 customers...

Microsoft buys UK mapping service

"Microsoft has bought online mapping company Multimap to expand its web business, the US firm said. Multimap, which was established in 1996, is among the UK's top 10 visited websites, receiving more than 10 million users each month. Microsoft hopes that the acquisition "will...

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