The news broke this morning that Redmond software company would be buying Skype, the popular video, chat and calling service. It has been purchased for $8.5 Billion, making it the largest acquisition in Microsoft s history, made possible by cash from Silver Lake led investor group. …
Google’s purchase of ITA was finally approved by the Department of Justice with certain conditions. The conditions need Google to develop and licence travel software, continue research and development of software and establish firewall procedures internally. The company will also have to, under specific conditions, provide …
Reports have just come in that social networking giant Facebook, has just acquired the Israeli company Snaptu for an amount of around $60-70 million, with some newspapers and reports having listed the price at $40 million. A Snaptu executive has recently confirmed the rumor of the …
AOL has just confirmed that it will lay off a large number of staffers from the company; the news coming only days after the AOL closed its deal with Huffington Post. In a phone interview with the media, a company spokesperson said that 200 people are …
