Update 7/24/14: VentureBeat reports that the deal has finally gone through, though nothing official has been announced by either company just yet. The waiting game continues.
The original post from May 18th continues below.
Google has reportedly succeeded in securing the acquisition of the game streaming service Twitch. If the deal goes through, Twitch will apparently become part of YouTube. The sale price is being reported as an even $1 billion in cash, which works out to exactly one Instagram. Read More
Google has just announced its acquisition of music streaming and curation service Songza. We don't have any details on the value of the deal, but Songza is by no means a heavyweight in the music streaming ecosystem. The deal was rumored a few weeks ago with a possible purchase price for Songza at about $15 million (that's 0.015 Instagrams). Only in the land of Google acquisitions is that a small number. Read More
The rumors surfaced last week, and AT&T made it official yesterday evening. The telecom company has agreed to pay nearly $50 billion in cash and stock for satellite TV provider DirecTV. If approved by regulators, the new AT&T would have control of about 26 million TV subscribers.
Now you see it, now you don't. Just like that, Blink is disappearing in the blink of an eye. Okay, not quite. Current users will gradually see the service shut down on both Android and iOS over the next few weeks, following the app's acquisition by Yahoo.
Blink was a product of Meh Labs (no, not Meth Labs), a company built by two ex-Google employees Kevin Stephens and Michelle Norgan. The app functioned similarly to Snapchat, at least in premise, by allowing users to send messages that automatically disappear. Read More
Diner Dash was one of the first incarnations of the modern casual game: simple mechanics that are easy to learn and hard to master. Wikipedia says that publisher PlayFirst has seen over 550 million downloads of the game in its various versions, to say nothing of sequels and spin-offs. That's probably why Glu Mobile, one of the more visible mobile game publishers, has snatched up the company. Glu's stock priced jumped 8% this morning on the announcement. Read More
Facebook just can't keep its hands on its money these days. First the company tossed $1 billion at the folks behind Instagram in order to acquire the service. Then the company agreed to exchange nineteen times that amount for WhatsApp. After that, it dropped another two billion for the Oculus Rift virtual reality headset. Now it has gone after ProtoGeo, the makers of the Moves activity-tracking app.
ProtoGeo announced the acquisition today in a blog post that's pretty sparse on the details. Read More
The ladies and gents at Dropbox have big dreams - look no further than their recent expansion into email and photo gallery apps for evidence of that fact. And like any company with high aspirations, they're snapping up technology and the associated talent at a fast pace. In the last 18 months the company has bought e-readers, photo tools, and even a Craigslist-style marketplace. Today they've announced the acquisition of two more apps and the companies that make them. Read More
Amazon already owns the most popular brand for ebooks, having debuted the Kindle ages ago and attracted consumers and publishers alike before other big players managed to establish a foothold in the industry. Now the company's going after comics. It could continue to expand its library of Kindle editions, but the speedier approach would be the buy the best competitor out there. So that's what Amazon is doing. The company has just announced plans to acquire comiXology, the makers of a popular digital comics platform, not to mention a couple of great Android comic book reading apps. Read More
Most people rely on Amazon, Google, Barnes and Noble, or some other all-in-one ebook service for their digital literary fix, but there is a thriving community of users who prefer the flexibility and lack of DRM that comes with independent reading apps. This has led to more than a few excellent choices in the space, including Readmill, an ebook app dedicated to simplicity and readability. Apparently Readmill users aren't the only ones who were impressed: Dropbox has acquired the app (or at least hired the employees who made it) and the service is shutting down. Read More
The big news in the wireless business this week has been AT&T's upcoming purchase of Leap Wireless, which the FCC approved yesterday. The deal has been in the works since July of last year. That leaves AT&T in an interesting spot, since it now owns the CDMA-based Cricket Wireless, which directly competes with the budget-focused Aio sub-brand. Apparently AT&T prefers the more established brand, because the company said it will combine the assets of both under the "Cricket" name. Read More