Positioned in unregulated airspace, the satellite drones would further Facebook’s goal of bringing Internet access to developing countries.
After being rebuffed by Snapchat, Facebook set its sights on WhatsApp, which it acquired this week for $16 billion.
With this latest acquisition, News Corp is hoping to get ahead o the crowd and become a driver of social news.
AOL has agreed to purchase video advertising platform Adap.tv for $405 million in cash and stock, the company announced today.
Yahoo announced today that it has acquired the mobile advertising startup AdMovate.
Marissa Mayer is not a goddess. She has not managed to turn Yahoo definitively around in the first year of her tenure, according to the company’s earnings report today.
Less than a year after TripAdvisor acquired Wanderfly to boost its social recommendation efforts, the travel inspiration startup has announced its plans to shutter the site. In approximately one week, all user accounts, including profile details and other content, will no longer be available.
San Francisco-based Xobni has been acquired by Yahoo, the company said today. Xobni, which launched its first product in 2007, was co-founded by Adam Smith, who remains as CEO, and Matt Brezina, who is now CEO of Sincerely.
Yahoo has acquired the video-production app Qwiki, the company said today.
Twitter has acquired the startup Spindle, whose namesake app allows users to search for Twitter content created near them.