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MOG founder Hyman sues Beats for $20 million

Beats Electronics, which is close to being sold to Apple Inc for $3.2 billion, has been sued by the founder of a music service Beats bought two years ago claiming he has been cheated out of his share of the company. David Hyman, the founder of the music subscription service MOG Inc, filed a lawsuit… Read More »

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Facebook to Buy Messaging App WhatsApp for $19 Billion

  In what is being termed as the biggest internet acquisition in more than a decade, Facebook Inc. (FB), the world’s largest social network, has agreed to buy the fast-growing mobile-messaging startup WhatsApp for as much as $19 billion in cash and stock. The deal includes $12 billion in stock, $4 billion in cash and… Read More »

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Google acquires Israeli startup SlickLogin, maker of sound-based password systems

Google has acquired SlickLogin, an Israeli startup that develops sound-based password alternatives, in what is being called an “acqui-hiring” deal, which means SlickLogin’s staff and knowledge will be integrated into Google. SlickLogin confirmed the deal on its website Sunday. “Today we’re announcing that the SlickLogin team is joining Google,” Xinhua quoted the three founders of… Read More »

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Facebook buys Indian tech start-up Little Eye Labs

In what marks its’ first acquisition in India, Facebook has acquired Bangalore-based startup, Little Eye Labs. Little Eye Labs builds mobile app analysis tools for developers and testers to help analyze data of the behavior of the app, including how much power, data and memory that an app is using which makes it a major… Read More »

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Apple buys social media analytics firm Topsy Labs

Apple has bought social media data analytics firm, Topsy Labs for a sum that is rumored to be close to $200m. This marks Apple’s second acquisition in weeks after it announced that it had bought Israeli firm PrimeSense, which specialises in making 3-D motion detection technology. Topsy is one of several firms that have been… Read More »

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Apple acquires Israel’s PrimeSense in a $350 million deal: Bloomberg

Apple Inc agreed to buy Israel-based PrimeSense Ltd, a developer of chips that enable three-dimensional machine vision, for about $350 million, Bloomberg reported on Sunday citing a source. PrimeSense’s sensing technology, which gives digital devices the ability to observe a scene in three dimensions, was used to help power Microsoft’s Xbox Kinect. Apple’s interest in… Read More »

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Apple acquires personal assistant app Cue

Apple has reportedly acquired Cue, a personal assistant app that had announced on Wednesday that it was shutting down. According to reports, the deal runs anywhere between $35 million and $60 million. The startup that reportedly obtained funding from both Sequoia Capital and Index Ventures. Backed by SV Angel, Sequoia Capital, Lerer Ventures and Index Ventures… Read More »

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Yahoo set to Acquire Sports Mobile Developer Hitpost

According to reports by TechCrunch, Yahoo is set to acquire Hitpost, the maker of sports mobile apps, in an effort to grow its presence in the sports app space on iOS and Android. San Francisco based Hitpost, known for its Fantasy Football Polls and Sports Bet apps, was co-founded by Aaron Krane in 2009 who… Read More »

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Intel to buy security software startup for $20M

On Monday, Intel confirmed that it has agreed to buy Sensory Networks Inc., a Mountain View, Calif.-based provider of pattern matching and acceleration software technology. Though both companies declined to give financial details of the deal, reports put the cost at $20 million. According to Intel spokesman, Chris Kraeuter, revenue contributions from the acquisition are… Read More »

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StumbleUpon Buys Video Recommendation Startup 5by

Silicon Valley-based Stumble Upon has acquired Montreal-based video curation startup 5by for an undisclosed sum today. This is StumbleUpon’s first acquisition since it was founded in Calgary in 2001. The move comes just eleven months after CEO Greg Isenberg launched the platform. 5by, a shortened version of the old radio term “five-by-five,” curates videos into different categories,… Read More »

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