Whatever the folks over at Waze are doing, they must be doing it right. Earlier this month, we heard that Facebook was looking to acquire the Palo Alto-based startup and its popular crowd-sourced navigation app for a cool $1 billion.
But as it turns out, they're not the only ones interested. According to a new report, a number of tech companies have approached the Waze team over a possible buyout deal, including Google, meaning a bidding war could be afoot...
This is pretty interesting. It appears that OtterBox, a well-known maker of heavy-duty smartphone and tablet cases, has announced this afternoon that it will be acquiring LifeProof. The San Diego-based startup makes durable cases for Apple's iPhone and iPad.
OtterBox, the brand, has become synonymous with device protection in recent years, thanks to hit cases like Armor and Defender. The company claims that it is the #1 selling smartphone case in the US, and that it controls over 20% of the global case market...
Waze must be doing something right. Earlier this year, the popular crowdsourced GPS application was reportedly being courted by Apple for a possible buyout. And today comes a rumor that Facebook is also interested in an acquisition.
How interested? Well according to a new report this morning, the deal could be worth in upwards of $1 Billion. Apparently, the two companies have been in negotiations for the last six months, and are now in advanced due diligence...
Yahoo! announced today that it will be acquiring mobile news start-up Summly. The deal, said to be worth around $30 million, is for both the app and the team, and is expected to close sometime in the next few months.
For those unfamiliar with the company, Summly created and maintains the popular news-summarizing iPhone app of the same name. It uses special algorithms to deliver 'snapshots' of stories that match a users' interests...
That didn't take long. It's only been a few months since we first heard about Mailbox, the fresh new iPhone email client. And it's only been about about a month since it actually launched. But it looks like they're going to be bought out.
Dropbox has announced this morning that it will be acquiring the Mailbox team. There's no word on price yet, but it looks like all 13 team members will be joining Dropbox, and Mailbox will continue to operate as a standalone app...
When word started spreading around yesterday that Pulse was about to be acquired by a "major platform" company, I would have guessed it was either Yahoo or Microsoft. The popular news reader app seems like it would be a great fit for either firm.
But according to the latest reports, the buyer is actually the social networking site for business professionals LinkedIn. The company has allegedly already sealed a deal with Alphonso Labs, the maker of Pulse, worth between $50-$100 million...
The 2013 Mobile World Congress (MWC) officially kicked off in Barcelona this weekend, meaning you should prepare for an onslaught of device announcements and other mobile news over the next few days.
In fact, LG has kicked things off already by dropping a bombshell today. The South Korea-based electronics giant has apparently purchased WebOS from Hewlett Packard, and plans to use it in future products...
AT&T announced this morning that it has reached an agreement with Atlantic Tele-Network to acquire its US retail wireless operations, operated under the Alltel brand, for $780 million. As part of the deal, AT&T will pick up wireless spectrum, licenses, network assets, retail stores and approximately 585,000 subscribers...
Yesterday, news broke that Apple was looking into buying Israeli start-up Waze Mobile, creators of the popular GPS app. Obviously, with all of the trouble Apple's had with its own mapping software, and the fact that the two companies are partners, the deal made sense.
But according to a new report today from the well-connected MG Siegler, there is no deal. The TechCrunch columnist wrote this morning that though there have likely been several meetings between Apple and Waze due to their partnership, there's nothing more going on...
Last month, it was reported that Apple was looking to purchase Color Labs, a struggling Palo Alto-based social startup that allows users to share photos and videos. The story was initially filed away as a rumor, as Apple never commented on it. But the acquisition was confirmed today in a lawsuit filing...
There's been no shortage of talk regarding an Apple-branded TV set this year, as the entire television industry awaits the company's entry into the market. Everyone wants to see if it can do for TVs, what it's done for phones and tablets.
Well AppleInsider is adding more fuel to the fire today, as it's reporting that Apple is in talks to purchase Loewe AG, a German TV manufacturer. Apparently, the iPad-maker has put an offer up of $100+ million for the company...
This is pretty crazy: Facebook's CEO Mark Zuckerberg just announced that the social network has acquired Instagram for a staggering $1 billion in cash and stock.
Instagram, once an iPhone-exclusive photo sharing service, has around 30 million users, that upload around 5 million photos per day. Keep reading for the full press release...