acquisition

Facebook hires startup Tugboat Yards

Facebook hires startup Tugboat Yards

Facebook has acqui-hired, so to speak, the startup Tugboat Yards, it has been announced. The announcement was made by Tugboat Yards itself, which says that it is feeling both excited and melancholy about the new business deal. Under this deal, Tugboat Yards will be completely shutting down on June 30, with the team then heading on over to Facebook to join the social network’s product team. Says the new Facebook team members, they’ll be working on media products including video and news.

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Time Warner Cable: telecom Altice tipped with acquisition ambitions

Time Warner Cable: telecom Altice tipped with acquisition ambitions

The Comcast and Time Warner Cable merger didn't happen, and many agree that is a good thing. That means Time Warner Cable is back up for grabs, and another telecommunications company is said to be eyeing it with acquisition ambitions. That company is the European telecommunications firm Altice, which is under the control of French investor Patrick Drahi. Altice is also said to be in advanced talks about acquiring Suddenlink, a US cable operator. Neither rumors are official at this point, however.

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Verizon buys AOL for $4.4 billion cash

Verizon buys AOL for $4.4 billion cash

Here’s one we didn’t see coming: Verizon has agreed to purchase AOL. The deal, worth $4.4 billion in cash, gives Verizon something they’ve been wanting for some time — an instantly powerful ad network. AOL’s most recent earnings highlight that; 7% year-over-year growth in revenue, all on the back of third party ad sales, which grew 19% versus last year. As the AOL we knew shrinks from us (you can no longer use it for Apple sign-ins, for instance), the ad network kept them relevant enough for an acquisition.

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Yelp entertaining acquisition, say insiders

Yelp entertaining acquisition, say insiders

Yelp, the app you likely use to see if a restaurant is any good (or maybe even order food from), is reportedly up for grabs. According to a new report, the company — which has a $2.9 billion valuation — is entertaining the idea of an acquisition. Insiders claim the company could see more upwards of $3.5 billion if they sell outright. Though no deal is said to be on the horizon, Yelp has reportedly spoken with potential buyers (who were not named).

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Google acquires Timeful for smart scheduling features

Google acquires Timeful for smart scheduling features

In an effort to better automate your schedule, Google has acquired Timeful. The service, as-is, takes your schedule and finds time for those things you need to do — but don’t quite have scheduled. Exercising, calling your credit card company about a charge; those are sometimes tasks that you do when you can find time. Timeful simply finds that time for you. Timeful’s app, currently iOS-only, is still available for download and use, but the team says their energy will be focussed on Google projects moving forward.

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Microsoft has acquired N-Trig, brings Surface stylus tech in-house

Microsoft has acquired N-Trig, brings Surface stylus tech in-house

Microsoft has announced their acquisition of long-time partner N-Trig, who they’ve leaned on for technology in their Surface 3 and Surface Pro 3 styli. We first heard Microsoft had acquired the Israeli company in February, but nothing official materialized on the acquisition front. Now we have it straight from Microsoft, though that’s really all we do know. There’s been no word of a purchase price or terms, but Microsoft already owned 6% of N-Trig through a 2009 investment.

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GoPro goes virtual with acquisition of VR startup Kolor

GoPro goes virtual with acquisition of VR startup Kolor

There's no stopping the virtual reality revolution, or renaissance to some, and GoPro isn't going to be left out of the trend either. The name that has popularized action cameras of late to deliver immersive footage is now taking immersion to the next level. It has just announced its acquisition of Kolor, a startup that specializes in virtual reality and spherical media, in order to bring that same Virtual Realy experience to GoPro fans, with the help of some new hardware and software products, of course.

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T-Mobile CEO may be hinting a merger is coming their way

T-Mobile CEO may be hinting a merger is coming their way

For quite some time, T-Mobile has been rumored for a merger or buyout. AT&T, Sprint, Dish, Iliad — you name them, T-Mobile has probably been rumored or in talks for a merger or acquisition. While T-Mobile CEO John Legere likes to slap away all talk of T-Mobile falling under the auspice of another company — and has even said he’s tired of talking mergers and acquisitions — he’s now making overtures that’s it’s inevitable, much like his boss has. In fact, Legere thinks it’s precisely how the industry will shake out over time.

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Canon acquires Lifecake, a photos app for parents

Canon acquires Lifecake, a photos app for parents

Canon is among the camera companies feeling the squeeze from the proliferation of smartphone cameras, and so perhaps that is one of the reasons behind its new acquisition of Lifecake, the company behind the photo-sharing app for parents by the same name. This move will give Canon another sliver of the mobile pie, and is designed specifically for parents who want to chronicle their kids' lives and share what they record/photograph with other family and friends.

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Comcast tipped in plan to nix TWC merger

Comcast tipped in plan to nix TWC merger

Last week, word surfaced that the Department of Justice was planning to recommend the Comcast and Time Warner Cable acquisition be blocked, and was collecting evidence to support a case against the merger. This was good news to the (loads of) critics of the plan, and pointed toward a ray of hope that the acquisition wouldn’t go through. Now there’s a bigger sign that the end is near, with sources saying that Comcast is going to withdraw its acquisition plans.

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Google was once $6 billion away from owning Tesla

Google was once $6 billion away from owning Tesla

In May of 2013, we reported Tesla and Google were working together on some sort of self-driving car. It may have been more than that; a new report says in 2013, Tesla CEO Elon Musk and Google boss Larry Page were in talks for Google to buy Tesla for as much as $6 billion. Musk was apparently dictating terms, asking for as much as $5 billion extra to keep Teslas rolling off the line, and that he remain in-charge of his electric car empire.

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Nokia acquiring Alcatel-Lucent: here’s what that means

Nokia acquiring Alcatel-Lucent: here’s what that means

This morning Nokia announced that they'd reached an agreement to acquire Alcatel-Lucent for 15.6 billion Euro worth of stock. Nokia will still be known as Nokia, and the company will continue to do what it had been doing even after the acquisition is complete. Nokia will continue to work with technology development and licensing, telecommunications infrastructures, and online mapping. On the other side of the equation, Alcatel-Lucent had, since 2013 when it became very apparent that their profits were slipping, been working on what they called "The Shift Plan."

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