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Intel to Buy ST-Ericsson’s GPS Chip Business

Intel is set to buy ST-Ericsson’s Global Navigation Satellite System (GNSS) which includes personal receivers that interact with GPS technology and GLONASS–a radio-based satellite navigation system operated by the Russian Aerospace Defence Forces. ST-Ericsson is a joint venture between STMicroelectronics and Ericsson was formed in 2008 between Swedish telecom equipment maker Ericsson and French-Italian semiconductor… Read More »

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Yahoo set to buy Tumblr for about $1.1b

On Sunday, the board of Yahoo agreed to buy the popular blogging service Tumblr for about $1.1 billion in cash. The deal, expected to be announced on Monday, would be the largest acquisition of a social networking company in years, surpassing Facebook’s $1 billion purchase of Instagram last year. This is a bold move for… Read More »

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Facebook in advanced talks to buy Israel Startup Waze

Facebook Inc. (Nasdaq: FB) is in advanced talks to buy Israeli navigation and traffic congestion app company Waze Ltd. The price tag has not been confirmed, though sources are pegging it to anything between $800 million and a billion dollars. This is the second time talks of Waze acquisition by Facebook are taking place. In… Read More »

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Facebook acquires Parse

Facebook Inc., which is ramping up its mobile business, has agreed to buy startup Parse, startup with a cloud-based platform of scalable cross-platform services and tools for developers, in a cash-and-stock deal valued at about $85 million, according to people familiar with the matter. Parse is seen as an obvious choice for  Facebook since it… Read More »

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Twitter acquires music service We Are Hunted

Today, We Are Hunted announced it has been acquired by Twitter, confirming a CNET report that the music discovery service was already being integrated with Twitter’s music products. Created by a group of Australian software developers in 2009, We Are Hunted creates a kind of Billboard chart for online music, monitoring popular songs on blogs,… Read More »

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