acquisition

Google buys Appetas, could spell doom for Yelp

Google buys Appetas, could spell doom for Yelp

After purchasing Zagat in 2011, Google’s restaurant review ambitions have floundered. Though they have one of the more powerful properties in the restaurant industry, there was no native way to interact or otherwise provide quick and easy feedback on your favorite eating spot. With their purchase of Appetas, Google is taking an end-around, potentially crippling the troubled Yelp in the process.

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Apple “on the prowl”: 24 acquisitions in 18 months

Apple “on the prowl”: 24 acquisitions in 18 months

Generally the news is that Apple was discovered to have acquired a single company. Today it’s become apparent that Apple has been acquiring companies rather quickly, with Tim Cook himself confirming that they’d acquired 24 companies over the past 18 months. "That shows that we are on the prowl," said Cook.

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Facebook Oculus VR acquisition approved by FTC

Facebook Oculus VR acquisition approved by FTC

It’s time for Facebook to make their move with Oculus VR, the makers of the virtual reality headset Oculus Rift. This acquisition was announced earlier this year not long after GDC 2014, and the introduction of Sony’s Project Morpheus - though there’s no direct evidence linking the two events. Here we’re seeing the Federal Trade Commission (FTC) announcing that Facebook’s acquisition of Oculus VR is A-OK.

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