Facebook may be in the advanced stages of courting Waze for a possible acquisition worth $1 billion, various reports reveal.
According to Israeli publication Calcalist, the crowdsourced traffic and navigation application and the world’s largest social network have already signed a term sheet.
This signifies that Waze and Facebook are in the final stages of negotiations.
The development follows reports that Apple was in talks with the Israeli company for an acquisition worth $400 …
It takes six times more money to acquire new customers than to retain them.
That’s according to this infographic produced by Merchant Warehouse.
So when you are spending all your resources getting more customers, you are doing it wrong. You need to spend some of those resources for keeping the people already buying your product or trusting your services.
According to the data from which this infographic is based on, loyalty programs generated $300 million in 2011. By 2015, that is projected …
In a bid to take on YouTube and at once invest in overseas assets as well, Yahoo Inc. is discussing acquisition of video hosting site Dailymotion.
The news comes from the proverbial “people familiar with the talks” who told The Wall Street Journal of the development.
According to the publication, Yahoo may acquire as much as a 75-percent stake in Dailymotion.
The move will strengthen Yahoo’s position against Google as it gives the once reigning internet search giant a direct competitor …
A former senior software engineer at Apple has come out with a proposal to Apple: it should buy Twitter.
The reason for this, as Patrick B. Gibson says, is that Apple has not been the best at efforts in the internet front.
In a post on Tumblr, Gibson says that “Google is getting better at design faster than Apple is getting better at web services.”
Design, he says, has always been the forte Apple trumps its competition with. However, he says Google is catching up and Apple should be …
Sprint and U.S. Cellular have both announced that nationwide carrier will be buying wireless spectrum and customers from the regional carrier for $480 million.
The deal, which includes about 10 percent of all U.S. Cellular customers and 4G spectrum, is expected to be completed next year.
Nonetheless, even if the companies have both concurred on a “definitive agreement”, the deal is still subject to regulatory approval.
Once the deal is approved, about 585,000 customers and 30MHz of spectrum …
Sprint will become New Sprint next year as the company together with Japanese telecoms giant SoftBank have revealed their plans for an acquisition worth $20.1
Amazon will be buying its headquarters buildings in Seattle from Paul Allen-owned Vulcan Real Estate in a deal valued at $1.16 billion.
“We are truly excited that Amazon is making this long-term commitment to the South Lake Union community,” said Vulcan Inc Vice President of Real Estate Ada Healey in a news release, the Seattle Post-Intelligencer reports.
“We know they will be excellent stewards of this property and will continue to play a vital role in revitalizing South Lake Union and …
International Business Machines (IBM) is interested in the enterprise services unit of Research In Motion (RIM), a new report suggests.
Citing unnamed sources “familiar with the situation”, Bloomberg says that IBM has approached RIM “about possibly acquiring” the struggling Canadian smartphones and tablets maker’s enterprise services
When Research In Motion’s (RIM) BlackBerry 10 (BB10) launches and if it fails, Samsung may buy the company to have a backup OS in its pocket, an analyst believes.
The comments come from a report headed by analyst Peter Misek from investment firm Jefferies. The report reveals that the firm thinks RIM is ready to talk licensing with Samsung for
Google’s acquisition of third-party email application developer Sparrow is worth under $25 million, a new report says.
According to The Verge which cites unnamed “sources familiar with the situation”, the price paid by Google to acquire Sparrow does not exceed $25 million and that there was no other company Google outbid to acquire the email app








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