October 31, 2011 : Comments (4)
Google+ Updates Android App, Adds New Design And Other Features
Acquisitions
Salesforce Acquires Radian6 In $326M Cash and Stock Buyout
Cloud computing company Salesforce has signed a definitive agreement to acquire Radian6 for a total amount of $326 million. Salesforce will pay $276 million in cash and $50 million in stock for the social media monitoring company. Radian6 helps its customers track consumer engagement with their brands across social networks like Facebook, YouTube and Twitter to... Read more »
News Corp. In Talks With Vevo.com To Unload Myspace
News Corp. is still looking to unload Myspace on somebody, and Rupert Murdoch thinks he's finally found someone to unload it on - online music video channel Vevo. It sounds like the trade will involve handing over Myspace for a stake in a new venture for Murdoch. This is a very smart move, considering Myspace Music is probably the only portion of Myspace worth any... Read more »
Zynga Acquires Boston-Based Game Developer Floodgate Entertainment
Social gaming company Zynga has added to its roster of talented employees after acquiring Boston-based independent game developer Floodgate Entertainment. The employees of Floodgate will be rolled into Zynga's Boston team, with founder Paul Neurath becoming Creative Director of Zynga Boston. Neurath has more than two decades of experience in game development,... Read more » YouTube To Make Your Videos Better After Acquiring Video Technology Company
Video-sharing service YouTube announced Tuesday that it has acquired video technology company Green Parrot Pictures for an undisclosed sum. Green Parrot Pictures, which was founded in 2004 and is based in Dublin, Ireland, provides cutting-edge video quality quality improvement technology. The company's technology has been used in post-production for major feature... Read more »
Goodreads To Introduce Book Recommendation System After Acquiring Discovereads
Goodreads, the social network for book lovers, has taken a leaf out of the Netflix playbook. Instead of recommending movies, however, Goodreads will suggest new books for users to check out. Goodreads was started in 2006 for people who wanted to discuss books in an online environment. Users have been requesting a recommendation system for some time, but developing... Read more »
Facebook Acquires Mobile Group Messaging App Beluga
With Ning releasing its own app, Mogwee, mobile group messaging is beginning to take off among mainstream social networks. Apps operating in the space allow users to create groups of friends with which they can contact via SMS and share media and other information. However, mobile group messaging startups have a sizable new competitor to worry about as Facebook has... Read more » Facebook Acquires Talent Behind Recruiting Network Pursuit
It appears that three talented developers -- Louis Eisenberg, Russ Heddleston and Nicholas Letourneau -- will soon be plying their trade in a new office environment after it was confirmed that Facebook had picked up the team behind social recruiting service Pursuit. According to TechCrunch, a message on the Pursuit homepage, the trio has “found a new home at... Read more »
Myspace Now on Sale, Again
Remember Myspace? Some big-money players out there certainly do and are willing to see if they can make it great again. According to Reuters, Myspace is on sale and about 20 parties have come forward with interest in buying the now-unpopular website. Myspace has been owned by News Corp since 2005, when it was bought for $580 million, where it saw a continual... Read more »
Kids’ Social Network Togetherville Acquired By Disney
Togetherville, a social network for children aged 10 and under, has reportedly been acquired by Disney. The terms of the takeover have not yet been confirmed, according to TechCrunch, which was informed of the deal by a reader. Togetherville's Terms of Service claims it is part of the Walt Disney Internet Group, but there is no mention of any deal on its blog or... Read more »
Twitter Debunks Rumors of Google Buyout Talks
It looks like the price tag on Twitter was nothing more than a fairy tale - mostly. Twitter's Chief Executive, Dick Costolo, dismissed rumors about Google's $8-$10 billion interest in his company was nothing more than Internet hearsay. “I don’t know where these things come from,” he said via Reuters. However, when asked about reported buyout talks with... Read more »
