Dell To Acquire Perot Systems For $3.9 Billion

In an acquisition expected to widen the business sphere of Dell, the company is set to buy Perot Systems for $3.9 billion dollars. Dell makes PCs, but by buying Perot, a new market niche is opening for Dell. Perot Systems is an IT service company, which is a drastic shift for...

MySpace To Acquire Social Music iLike

MySpace, the social-networking giant, is going to acquire the popular social music start-up, iLike, in attempt to turn around its struggling business. While detailed terms of of the deal were not disclosed, it was reported by All Things Digital that that MySpace, a ...

Facebook Acquires FriendFeed

Facebook announced today that it has agreed to acquire FriendFeed, a Mountain View, California-based social networking site focused on contenting sharing. All FriendFeed employees will join Facebook, and FriendFeed's four founders will hold "senior roles on Facebook's...

Liverpool up for sale

Liverpool owners have already begun talks to billionaire entrepreneur Nasser Al-Kharafi. The current owners which promised several things to Liverpool fans, including a new stadium which was projected to cost over...

Vancouver Green Web and Mobile Companies Merge - Press Release

What happens when a happy frog and a pod of whales get together to change the world? Vancouver, Canada-based, green web companies 3rdWhale.com and happyfrog.ca announced an equity merger with plans to grow...

Bank of America is Not Backing Out

"Bank of America Corp. Chief Executive Officer Kenneth Lewis said the bank's takeover of Merrill Lynch & Co. will be completed by the end of the year. "Lewis reaffirms Bank of America is buying Merrill...

Yahoo! is practically begging Microsoft: buy me please!

As the deal between Yahoo! and Google seems to go down along with the credit crisis,Yahoo! is in desperate search for a few friends with deep pockets to buy them out of their misery. Only after their scofting of...

So When Will Banks Give Loans? (Sen. Dodd Warns Banks of Revolution and Hell ...

The overgrown cancerous blood-sucking parasites, I mean the Banks of Corporate America, aren't going to be using the $700 billion bailout to extend credit to American businesses and homeowners going under water; they'll be using it for a merger and acquisitions spree, while...

Google adds click-to-buy feature on YouTube

"Google Inc. added another jewel to its crown nearly two years ago with the $1.65 billion acquisition of online video powerhouse YouTube. It instantly transformed Google into the dominant player in online video,...

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...

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...

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