October 31, 2011 : Comments (4)
Google+ Updates Android App, Adds New Design And Other Features
Business
Lockerz Acquires AddToAny, Popular Social Sharing Platform
Lockerz, the social commerce network, announced that they've acquired the social sharing platform, AddToAny. AddToAny is a bookmarking service that allows users to bookmark content from social networks, instant messengers, news aggregators and email services. Lockerz's acquisition is part of their initiative to expand the social sharing aspect of their service.... Read more » Zynga Acquires Five Mobile, Toronto-based Mobile App Developers
Social gaming giants Zynga have announced another acquisition. This time, they've snagged the team of the mobile app developing firm Five Mobile, the company's 15th acquisition in the last 14 months. As part of the acquisition, Zynga will acquire certain assets and intellectual property of the Toronto-based firm. Zynga plans to use Five Mobile's team to develop... Read more » REPORT: Twitter Raising $400M In Funding Round, Valued At $8B
Twitter is said to be raising $400 million in a funding round that puts the valuation of the social network at $8 billion. The funding round, which is being split into 2 portions, is being led by Digital Sky Technologies with participation from previous investor Kleiner Perkins. The company was reported on Tuesday to be quietly raising a funding round at a... Read more » Twitter Co-founder Biz Stone Becomes Advisor To Spark Capital
Venture capitalist Bijan Sabet has revealed that Twitter co-founder Biz Stone will be joining Spark Capital as a strategic advisor. He says in a blog post that, from his first meeting with Stone in 2007, he was impressed by Stone's understanding of the social Web and his creativity. Sabet, who is a partner in Spark Capital, adds that Stone will help Spark Capital... Read more » REPORT: Twitter Raises Millions In New Round Of Funding, Valued At $7 Billion
Twitter has been quietly raising money during a private round of funding, and according to reports the figures are enormous -- They've reportedly almost doubled their valuation! According to the Wall Street Journal, Twitter has raised hundreds of millions of dollars in a new round of funding and could be valued as high as $7 billion, though it is unclear which... Read more » Twitter Acquires BackType, A Social Media Aggregator
BackType, a social media aggregator and search engine service, has announced that it has been acquired by Twitter. The terms of the deal have not been disclosed. Both BackType's team and technology will be rolled in to Twitter's platform division. The BackType team -- which is relocating to Twitter's office -- will focus on developing tools for Twitter's publisher... Read more » INFOGRAPHIC: How Zynga Became A Social Gaming Powerhouse, Its Path To IPO
Zynga, the social gaming giants behind the Facebook games "FarmVille" and "Mafia Wars," have just filed for an IPO and are hoping to raise $1 billion dollars through the sale. The company has come a long way since its beginnings and it's hard to imagine at one point in time Facebook existed without the games we've become immensely addicted to. Namesake has put... Read more » Zynga Files For IPO, Aims To Raise $1 Billion
Social gaming company Zynga has filed for its IPO with the U.S. Securities and Exchange Commission. The company is hoping to raise $1 billion through the sale. Zynga says in the filing that its games are played by 232 million monthly active users in 166 countries and more than 38,000 virtual items are created every second. More than 60 million people play Zynga... Read more » Social Gaming Company Lolapps Acquires Fliso Engine To Enhance Flash Game Development
Social gaming company Lolapps has announced that it has acquired the Fliso Engine from Sean Cooper Games. Fliso is acknowledged throughout the gaming industry as a high-performance engine for running and developing Flash games. The engine will now be branded as the Lolapps Fliso Engine. Fliso adopts game programming techniques from the early days of PC gaming so... Read more » Social.com Sells For $2.6M, Sets 2011 Domain Sale Record
The domain for Social.com has just been sold resulting in the new record for reported domain sales in 2011. So, how much could a bunch of words possibly go for? $2.6 million! The hefty sale was co-brokered by NameQuiver, Marksmen Inc.'s domain sale division, at the Moniker premium domain auction held during DOMAINfest Europe. Social.com has been a long anticipated... Read more » 
