
Digg faces an uncertain future as the Washington Post prepares to “acquihire” the aggregation site’s technology team, according to a report by AllThingsD. Insert graveyard pun here.

Digg faces an uncertain future as the Washington Post prepares to “acquihire” the aggregation site’s technology team, according to a report by AllThingsD. Insert graveyard pun here.
Launch a social media campaign that will build your brand and deliver results in our online Social Media Marketing Boot Camp starting June 7. Speakers include Abigail Cusick (Bravo Digital), Gregory Galant (Sawhorse Media), Alex Leo (Thomson Reuters Digital), Jim Tobin (Ignite Social Media), and many more. Read the reviews. 
LivingSocial.com is bringing the deals right to your doorstep. Bloomberg reports that the company has acquired ONOSYS, an online ordering system based in Cleveland, OH that facilitates pizza deliveries and other takeout services.
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Spotify Launches Android Redesign (CBS News / Techtalk)
The new Spotify for Android will be completely redesigned from “top-to-bottom.” Some of the new features include: new “slide-out” navigation, the ability to view profiles and playlists, related artist view, high-resolution imagery and 320kbps listening. Support for Android 4.0 (Ice Cream Sandwich) is also included in the update. PCMag “That’s not the end of it,” Spotify said. “We’re working hard on adding further features, including folders and Last.fm scrobbling, before the app goes live in Google Play.” Computerworld If you can’t wait for it to hit Google Play, Spotify is offering a preview version you can install right now. Cnet Before any Spotify users head to the company’s blog to download the application, though, be aware that it’s only available to Premium subscribers who pay $9.99 per month for that offering. Spotify’s free and Unlimited plans do not include mobile support. Read more

Shortly after Facebook bought Instagram for $1 billion, there was some speculation that Pinterest might be next on its list. I would speculate (wildly) that Path is a better candidate for Facebook than Pinterest. Here’s why.

Facebook has acquired the photo-sharing site Instagram for a reported $1 billion in cash and stock. “This is an important milestone for Facebook because it’s the first time we’ve ever acquired a product and company with so many users,” wrote founder and CEO Mark Zuckerberg in a statement on his Facebook page.

Zynga may be acquiring OMGPOP, the creator of the Pictionary-style game “Draw Something.” TechCrunch reports that the offer could be in the neighborhood of $200 million, and might provoke a bidding war with Japanese companies GREE and DeNA, who have also expressed interest in buying OMGPOP.

Atlassian, a global software company, has acquired HipChat, the hosted private chat service whose customers include Groupon, HubSpot, and WIRED. The terms of the sale were not disclosed, but the HipChat founders were told there would be beer.

Despite recent stock market woes, Zynga is pushing forward with the acquisition of four social and mobile gaming companies. Reuters reports that the buyouts, which have been in the works for the last few months, were confirmed on Wednesday by Zynga mobile executive David Ko, who did not disclose the amount of the sale.

As online social networks and social media become more pervasive and frequently used methods of business communication, M&A professionals must know and understand the ins and outs of using these sites while remaining compliant with SEC and FINRA regulations and guidelines.
Guest blogger Jaime Romero of AxialMarket discusses these compliance issues and offers suggestions applicable to all industries.

Some could say it is an out of the ordinary move for Google+ or others could say it makes sense. I find it rather interesting considering Google+ best feature is its Circles, which are managed by each user rather than as collaborative groups. So how come Google+ acquired Fridge?