Updated: Report: Facebook Buys Location Sharing App Gowalla?
photo: Robert Scoble
More mobile movements from Facebook today: it has bought the check-in social media service Gowalla, according to a report in CNN. Read more »
Zynga To Raise $1 Billion From IPO
Facebook games maker Zynga plans to raise $1 billion (£630 million) in its initial public offering, valuing the fledgling internet firm at… Read more »
RIM: $485 Million Charge On PlayBook Surplus, Admits It Won't Make Targets
News today from Research In Motion that underscores why, sometimes, the number of shipped devices is not always the best short-term indicati… Read more »
Barnes & Noble Misses Expectations, Though Digital Sales Increase
photo: Flickr / keone
As it enters the holiday season with the new Nook Tablet for sale and hopes to seize on the “$2 billion up for grabs” as a result of Borders… Read more »
AT&T, Deutsche Telekom Down To Brainstorming: How About A Joint Venture?
photo: paidContent
Could AT&T (NYSE: T) want T-Mobile’s spectrum and network assets so badly as to contemplate arranging a joint venture between it and T-Mobil… Read more »
Yes, HP May Finally Have Some News On WebOS — In The Next Two Weeks
After a disastrous wireless turn from HP (NYSE: HPQ) that culminated last week with HP taking a charge of $1.66 billion to wind down its web… Read more »
Adobe's Acquisition Binge Continues With Purchase Of Efficient Frontier
photo: Adobe Systems
Adobe (NSDQ: ADBE) began the month by buying online video ad manager Auditude and now it’s bring November to a close with the acquisition of… Read more »
FCC Disses AT&T, But Lets It Drop Its T-Mobile Merger Application
Call this one a not-so-sweet release for AT&T (NYSE: T). The Federal Communications Commission has said has let AT&T drop its FCC applicatio… Read more »
AT&T's Leap Of Faith: Could Leap Wireless Help It Win T-Mobile?
Facing long odds to get its acquisition of T-Mobile approved by the government, AT&T (NYSE: T) is preparing to offload a significant amount… Read more »
Twitter Buys Mobile Security Firm Whisper Systems: Enterprise Push Coming?
Another step in Twitter’s mobile acquisition trail: the microblogging and messaging service has acquired Whisper Systems, a enterprise mobil… Read more »
Report: Facebook IPO Coming By Next June
photo: Tom Krazit
Facebook expects to become a public company over the next six to eight months, according to a report Monday. And the first step down that pa… Read more »
Trader Media Still Growing On Online, Mobile Take-Up
Just a few days after DMGT said online car classifieds are proving “challenging”, AutoTrader’s operator has reported strong gains in the sam… Read more »
Russia's Yandex Searches For Mobile Growth, Buys SPB Software
Taking a page from its search counterparts in the East and West like Baidu (NSDQ: BIDU) and Google (NSDQ: GOOG), Russia’s Yandex has scooped… Read more »
European Economy, U.S. Rivals Threaten Media Companies, Analyst Says
photo: Flickr / Robert S. Donovan
City analyst Bernstein has cautioned investors to steer clear of public European media companies – citing exposure to the continent’s econom… Read more »
Thanksgiving Turkey: AT&T, T-Mobile Pull Merger Application From The FCC
Today, on a public holiday in the U.S., AT&T (NYSE: T) and Deutsche Telekom (NYSE: DT) issued a statement saying they would be withdrawing t… Read more »
Nokia Delists From Frankfurt Stock Exchange As Trading In Its Stock Shrinks
photo: Corbis / Joel W. Rogers
Nokia (NYSE: NOK) has been working through a massive cost-cutting downsizing program, laying off thousands of employees, closing plants, and… Read more »
Future Aims To Turn U.S. Around With Digital After Swinging To A Loss
Future wants to tackle a worsening U.S. print magazine market by merging its UK and U.S. businesses and by more quickly converting its Ameri… Read more »
Microsoft Appears Closer To Making Formal Yahoo Bid
photo: Flickr/Edgeworks Limited
After weeks of rumors about Microsoft (NSDQ: MSFT) considering another bid for Yahoo (NSDQ: YHOO), Dealbook is reporting that the software g… Read more »
Mail Online Won't Be Profitable Until 2013, As U.S. Investment Drags
Associated Newspapers’ digital operations, comprising Mail Online, Metro’s website and ThisIsMoney, lost £900,000 ($1407127.19) in the year… Read more »
EyeSight Gets Its Hands On $4.2 Million For Gesture Control Technology
If the Kinect and the Wii popularized the idea of gestures controlling machines, the rise of startups working in the area will take the tech… Read more »
FCC Will Not Bless AT&T/T-Mobile, Asks For Hearing On Merger
photo: AP / Harry Hamburg
The U.S. Federal Communications Commission does not like what it sees in the proposed mega-merger between AT&T (NYSE: T) and T-Mobile. It ha… Read more »
Netflix's Global Funding Makes Sense — If It Can Rescue Domestic
photo: AP Images
Netflix (NSDQ: NFLX) shares opened four percent lower Tuesday after Monday’s after-market announcement that it is taking $400 million to fue… Read more »
France Wants To Tax ISPs To Fund Music, Add Streaming To Three-Strikes Law
photo: AP Images
Away from the Eurozone crisis, France’s president Nicolas Sarkozy has come up with one way to raise more funds in his country for one strugg… Read more »
Expedia Buying Out RenRen To Grab More Of Chinese Travel's eLong
photo: Flickr / kossy@finedays
Expedia is buying Chinese social network Renren out of its stake in global travel site eLong. Read more »
Google Has Launched An Incubator In South Africa
Even though the country’s Naspers is a case study in media’s digital reinvention, South Africa is rarely spoken of when it comes to digital… Read more »
The Morning Lowdown 11-18-11
photo: Corbis / Patricia Curi
» Yelp Files to Raise $100 Million in IPO of Consumer-Review Internet Site (Bloomberg)
» Has The Kindle Fire Already… Read more »
Apple Adversary Zuora Raises $36 Million For Subscription Services
Big funding round for the digital content subscription and billing specialist Zuora: the company has raised $36 million in a Series D round… Read more »
45 Carriers Endorse Mobile Payment Standard, But Will It Make A Difference?
Near-field communications (NFC) is far from being a standard in mobile payments, but the wave-and-pay technology may have gotten its biggest… Read more »
Video Ad Networks BrightRoll, YuMe Raise New Millions
As online video’s growth shows no sign of slowing down, broadband video ad network BrightRoll has raised a $30 million third round to extend… Read more »
Ex-Myspace CEO Mike Jones' New Company Is Part VC Firm, Part Digital Studio
Barely two months after slowly exiting Myspace as its last CEO under News Corp. (NSDQ: NWS), Mike Jones is debuting his new company, Science… Read more »
Game Hurt By Worsening Consumer Outlook But Digital Sales Growing
The market for boxed video games is turning down in a troubling consumer economy, according to one retailer’s experience. Read more »
Centaur, RBI Post Modest Growth On Subscriptions Resilience
Two business publishers have reported modest financial growth in interim financial updates, after content and services subscriptions held up… Read more »
Call Of Duty Maker Booms As Vivendi Sells A Stake To Buy EMI
When Vivendi (EPA: VIV) announced it was buying EMI’s recorded music division last week, it cryptically said the deal would see it sell “500… Read more »
Intel Dangles $100 Million To Create Intel-Friendly Mobile Startups
Intel (NSDQ: INTC) has had trouble getting its chips into the types of mobile devices that are transforming the computing experience, and it… Read more »
Mobile Consolidation As Velti Buys MIG For Up To $54 Million
photo: Corbis / James Leynse
Some big consolidation is afoot in mobile marketing and technology services with San Francisco-based Velti buying London’s UK market-leading… Read more »
Johnston Press Reports Eight Percent Fall In Ad Revenues
photo: BBC
Regional newspaper publisher Johnston Press has reported a slightly improved circulation and advertising revenue performance in the 18 weeks… Read more »
USA Today Acquires Mixed-Martial Arts Site MMAjunkie
photo: Flickr/Stefan Tell
USA Today is continuing to try to build up its digital side, as the print business struggles on, with another purchase designed to appeal to… Read more »
WPP Re-Invests In Chinese Video Game Ads Company
photo: Yodel Anecdotal
WPP and Revolution Capital are making a second investment in InGameAdvertising, the Shanghai-based Chinese in-game advertising network. Read more »
EMI Group Split Between UMG And Sony
Four years after the whole label sold to Terra Firma for £4.2 ($6.69) billion, now one half of EMI Group – the record music division, EMI M… Read more »
Why The Share Prices Of Priceline And Expedia Are So Far Apart
photo: Flickr / kossy@finedays
This 10-year price chart comparing shares of Expedia (EXPE) and Priceline (PCLN) essentially shows one of the great growth stocks of the pas… Read more »
