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Facebook acquires conversation platform Branch Media

On Monday, Facebook acquired the team behind NYC-based social startup Branch Media. Financial details of the deal were not disclosed, but The Verge pegged the price at “around $15 million.” The 10-person team won’t have to relocate as it will be forming a new Conversations group in charge of building Branch “at Facebook scale.” “After… 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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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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Millennial Media Acquires Jumptap: How Will It Affect You?

On August 13th, veteran mobile advertising network Millennial Media acquired privately-held, Boston-based Jumptap in what’s been described as a ‘predominantly stock transaction.’ Both companies share a prominent role in the mobile advertising industry, so now that Jumptap have been snatched up by Millennial Media, what does this actually mean for you? Millennial Media has been… Read More »

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French Startup Vestiaire Collective Raises $20 Million

Paris-based luxury marketplace Vestiaire Collective (née Vestiaire de Copines) raised $20 million Series C funding. The startup, which allows anyone to buy and sell second-hand luxury items, received more than $10 million from magazine publisher Condé Nast best known for publishing Fashion magazine Vogue among many others. Other investors included Idinvest, and previous investors Balderton… Read More »

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Google reveals it spent $966 million in Waze acquisition

Google disclosed Thursday how much it paid for the Israel-based company behind the mapping app Waze: a whopping sum of $966 million. After weeks of speculations about the how much Google had spent on the Waze acquisitions, search engine finally confirmed it had spent $966 million, a price a few million dollars shy of the… Read More »

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