Yahoo Has Closed The Tomfoolery Acquisition

Yahoo Has Closed The Tomfoolery Acquisition

TechCrunch We now have more details about the deal between Yahoo and Tomfoolery, an enterprise app studio co-founded by ex-Yahoo and ex-AOL alums, which we and others have reported is getting acquired by Yahoo. According to a source close to the deal, the acquisition...
Photo-sharing service Snapchat raises $50 million

Photo-sharing service Snapchat raises $50 million

SAN FRANCISCO, Dec 11 (Reuters) – Snapchat, the mobile photo-sharing service beloved by teenagers and twenty-somethings, has raised another $50 million, according to a Securities and Exchange Commission filing made Wednesday. The funding brings the total raised...
Apple buys startup Topsy; gets rich Twitter data

Apple buys startup Topsy; gets rich Twitter data

SAN FRANCISCO, Dec 2 (Reuters) – Apple Inc has acquired social media search and analytics startup Topsy, an unusual purchase for a hardware-focused company that has made few forays into social networking. Apple confirmed the acquisition but would not say why it...