acquisition

Google Waze acquisition official: team to stay in Israel

Google Waze acquisition official: team to stay in Israel

As it was tipped just days ago by Israeli news sources with the inside line, so too does Google make their acquisition of the Waze team official. This acquisition has Google bringing in a team of creators that've made the Waze app a highly-used collection of real-time travel and traffic information bits, lighting the fire under rumors quite recently that it was more than just Google after their ownership. Google has made clear their intent to keep the Waze community - the users currently making the Waze app work - a part of the system as well as the developers behind the scenes.

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Google Waze acquisition may end tipped Facebook talks

Google Waze acquisition may end tipped Facebook talks

This weekend inside sources have suggested Google to be reaching a deal with the team at Waze, a smart navigation app previously rumored to have been in talks with Facebook for a similar deal. This acquisition has been tipped to be ringing in at $1.3 billion USD while real terms have not yet been revealed. This deal would have Google growing their ability to make Google Maps and Local information both inside and outside the USA an intelligent response environment.

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Zynga’s OMGPOP studio shut down 14 months after acquisition

Zynga’s OMGPOP studio shut down 14 months after acquisition

Remember Draw Something? The fun social game that had you and a friend work together to try and guess each other's drawings was an absolute huge hit, and Zynga went right ahead and just bought the game and its studio who developed it: OMGPOP. However, it doesn't seem to be working out too well for Zynga, as they seem to have shut down the recently-acquired studio and laid off its employees.

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Facebook Waze acquisition negotiations end

Facebook Waze acquisition negotiations end

As talk continues surrounding the possible acquisition of the social mapping company known as Waze, it appears today that Facebook is out of the running. According to sources familiar with the matter speaking with All Things D, a potential acquisition of Waze by Facebook is no longer an option as talks have fallen apart. Facebook was tipped to be considering buying Waze for upwards of $1 billion USD.

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Apple’s Cook: “I’ve never felt like we’ve needed a social network”

Apple’s Cook: “I’ve never felt like we’ve needed a social network”

This week in a chat with Walt Mossberg and Kara Swisher at the conference known as D11, Tim Cook took the stage with chat about what Apple needs - and what it does't need - to push forward in our modern mobile market. Suggesting that Apple may be "missing" social networking as it acquires companies (at a pace of 6 or 7 companies a year, according to Cook), Swisher found Cook mentioning iMessage and Apple's Game Center as "some things that are social" that Apple does.

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Google reportedly considering bid against Facebook to buy Waze

Google reportedly considering bid against Facebook to buy Waze

Waze is a navigational app that offers crowdsourced information on things such as traffic conditions, with the information and map updates coming from users themselves. The app has long been the source of acquisition rumors, with word having surfaced back in January that Apple was looking into buying the company, something that was later denied by sources. This was followed up earlier this month by a new rumor, this time that Facebook is looking into buying the company for $1 billion, and now new sources are saying Google is considering tossing a bid into the mix.

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Yahoo getting into gaming with PlayerScale acquisition

Yahoo getting into gaming with PlayerScale acquisition

Added to the list of many Yahoo acquisitions happening recently, PlayerScale is the latest one to get bought out by Marissa Mayer and company. PlayerScale was founded on 2009 and is a startup that creates software infrastructure for cross-platform gaming. What's perhaps the the greatest news is that the startup won't be shutting down.

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