Apple has bought Israel’s Anobit, a maker of flash storage technology, for up to $500 million (£319 million), the Calcalist financial daily reported on Tuesday, following almost a week of speculation surrounding the companies.

Facebook has made one of its biggest moves yet in its strategy to dominate mobile services: the social network has acquired Snaptu, a developer of apps for feature phones, for a sum believed to be up to $70 million. The acquisition is Facebook’s first outside of the U.S. and enhances…

An emotional television interview given by a young Egyptian Google (NSDQ: GOOG) executive who was arrested after playing a key role in using the internet to spark the uprising against Hosni Mubarak is being hailed as a landmark moment in the ongoing revolt after it struck a chord across Egypt…

Google (NSDQ: GOOG) and Twitter have launched a service to allow people in Egypt to send Twitter messages by leaving a voicemail on a specific number after the last internet service provider in the country saw its access cut off late on Monday.

An arm of the U.S Treasury is looking into concerns about AOL’s pending $187.5 million sale of instant messaging service ICQ to Russian investment group Digital Sky Technologies, due to fears that criminal investigations could be compromised, the FT reports (registration req.). ICQ, which was founded and run from Israel,…

As expected, Russian investment group Digital Sky Technologies says it has reached an agreement with AOL (NYSE: AOL) to buy its instant messaging service ICQ for $187.5 million. DST, which has investment in Facebook and Zynga; South African media giant Naspers, which holds a 30 percent stake in China’s Tencent,…

Smartphone ad network Todacell has added another $1 million in funding to an existing $1 million round the Tel Aviv-based company raised back in June. Israeli VC AfterDox, which provided the last $1 million, also ponied up the same amount this time as well. In addition to the $2 million…

With online advertising expected to rise again, more start-ups may try to enter the still-crowded remnant ad network space. The latest entrant is Israeli-based ad optimizer IgnitAd. The company has received an undisclosed seed round from DFJ Tamir Fishman Ventures and JVP, through JVP Media Studio, its incubator. The company…

Advice site LivePerson has acquired web analytics company NuConomy for $3 million, Techcrunch reports, citing an unidentified source and a rumor on an Israeli website. No comment yet from the two companies. Tel Aviv-based NuConomy, which also has a San Francisco office, has raised roughly $3.3 million since launching about…