It was back in August of 2011 when CNN acquired Canada-based Zite, developer of the same-named personalized news reader app. The news network apparently couldn’t monetize on its new venture and is now selling it to the competing service – Flipboard. Here’s what Flipboard said in a blog post announcing the acquisition: We acquired Zite…
Intel acquires smart watch maker Basis for $100-$150 million
We know Intel is looking to join the smart watch craze at some point this year. While we don’t have the firm date on when that will happen, we do know they’re working on small, power-efficient chips as we speak. That, apparently, is not enough as they still miss some expertise to create this product.…
Facebook buys WhatsApp for $19 billion!!!
I was wondering how in the world WhatsApp will ever make some serious money despite offering great service. Now we all know. They just made a ton of cash and then some. Facebook acquired these guys for the record-breaking $19 billion! That’s an impressive amount of money for any company, let along the one that’s…
Google acquires sound-based authentication company SlickLogin
Google has acquired SlickLogin, the company behind sound-based authentication technology. The system is made to work with computers, relying on a smartphone as the authenticator. SlickLogin’s tech uses inaudible tones to verify who you are. First, your computer plays a series of sounds that humans can’t hear, but your phone can. The app on the…
Rakuten acquires Viber in a deal worth $900 million!
Japan-based Rakuten is acquiring Viber, a pioneering messaging and VoIP company, for a total consideration of $900 million. In the official press release, Rakuten says that Viber’s rapidly growing global user base of 300 million registered users perfectly complements Rakuten’s strategy in the digital space. As Rakuten aims to become the world’s No.1 Internet services…
Verizon Officially Announces Nexus 7 Availability for February 13th
Mark your calendars folks, February 13th marks the day when you can purchase your very own 2013 LTE enable 32GB Nexus 7 for just $349.99. The Nexus 7 can be purchased online or in stores, and can also be purchased for $249.99 if you’re willing to sign a two-year contract. Owners of the LTE enabled…
Nokia and HTC Settle Patent Disputes
The battle between Nokia and HTC over patents has come to an end. The two companies have settled all patent litigation, and have agreed to enter into a patent and technology collaboration agreement. This news comes just before the acquisition of Nokia by Microsoft is expected to take effect. “We are very pleased to have…
Sony offloads its VAIO PC division to focus on mobile devices
Sony has decided to sell its VAIO PC division in an effort to concentrate on mobile devices. The deal was made with Japan Industrial Partners Inc. (JIP), which is expected to take care of the business in its homeland and then expand to other parts of the world. Following a comprehensive analysis of factors, including…
Microsoft Picks Satya Nadella as New CEO, Bill Gates Assumes Technology Advisor Role
Microsoft has announced its new CEO, Satya Nadella. In addition to the naming of its new Chief Operating Officer, Microsoft also announced that founder Bill Gates will assume the role of Technology Advisor. The immediate timing of Nadella’s appointment as CEO will force former CEO Steve Ballmer to hang up his hat a little earlier…
5 Things to Know About Lenovo’s Acquisition of Motorola
Last week, Lenovo acquired Motorola from Google. Few days later we’ve heard some additional details and here we want to quickly sum it all up. Here are 5 things you should know about this deal. 1. Price Lenovo paid $2.91 billion for Lenovo. 2. Project Ara Project Ara, which envisions a modular phone, is apparently…









