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One of the more persistent acquisition rumors as of late has come true: Google just confirmed that it bought Waze. As many expected, the deal will see Waze largely operate independently of its new parent while supplying Google Maps with traffic update features. The stand-alone Waze app, meanwhile,

1 year ago 0 Comments
June 11, 2013 at 11:38AM
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Rumors of Sprint's $12 billion acquisition by Softbank weren't exaggerated, they were understated: according to CNBC, the Now Network will announce a $20 billion transaction with the Japanese network on Monday, granting Softbank a 70 percent stake in the company. According to people familiar with

2 years ago 0 Comments
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Twitter has pretty much nailed text-based interaction, so it looks like it's time to diversify into video. According to AllThingsD, the blue birdie has snapped up a three-man outfit called Vine, a video-sharing startup intended specifically for bite-sized clips. You'd be forgiven for not knowing i

2 years ago 0 Comments
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Best Buy founder Richard Schulze may have stepped down as chairman of the board, but he's certainly not out. His plan to buy the turbulent company has reached the next step -- an agreement which pre-empts the formal offer. Schulze now has access to all the private numbers he'll need to put together

2 years ago 0 Comments
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Beats' acquisition of MOG ultimately carved the company into two pieces, if not quite evenly: it left both the blog content as well as a music-oriented ad network that's popular, if without nearly as much cachet for the technology crowd as the streaming audio. Entertainment outlet Townsquare Media

2 years ago 0 Comments
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IBM is becoming serious about enterprise-grade computing in more ways than one. It just struck a deal to acquire Texas Memory Systems, best known these days for its extra-quick RamSan SSD cards. As you'd anticipate, that fast yet lean storage is the focus -- IBM wants servers that aren't limited b

2 years ago 0 Comments