Startups

  • Facebook acquires social startup Branch, to focus on online forums 14-01-2014 12:21 PM

    New Delhi: Facebook has acquired Branch, a New York-based social network that hosts and publishes invite-only conversations. Branch focuses on providing online forums for in-depth conversations. Terms of the deal have not been disclosed yet, but the acquisition is estimated to be worth around $15 million. The deal was announced...
  • Finland finds life after Nokia in mobile games boom 15-11-2013 02:45 PM

    Helsinki: From mobile phones to mobile games. Finland has found there's life after Nokia in a bustling startup scene that's produced hugely popular game apps from Angry Birds to Clash of Clans. Mobile gaming is fast becoming the Nordic country's new flagship export industry, with revenues expected to double to...
  • Snapchat rejects $3 billion acquisition offer from Facebook: Report 14-11-2013 10:41 AM

    San Francisco: Mobile messaging startup Snapchat rejected an acquisition offer from Facebook Inc that would have valued the company at $3 billion or more, according to a Wall Street Journal report on Wednesday. Facebook representatives reached out to Snapchat in recent weeks to discuss the all-cash deal, which would have...
  • Facebook says it's opening first office in Israel 15-10-2013 10:04 AM

    Jerusalem: Facebook says it is acquiring an Israeli mobile technology startup and opening its first office in Israel. Facebook said in a statement Monday that Israeli mobile utility application developer Onavo would help the social media giant create better mobile products and help connect more people around the world to...
  • Facebook buys Israeli mobile data analytics startup Onavo 14-10-2013 03:11 PM

    Tel Aviv: Facebook has agreed to buy start-up app-maker Onavo, the Israeli company said on its website on Monday, without giving any details of the deal. Facebook is paying between $150 million and $200 million, the Calcalist financial news website said, making it the social media company's biggest acquisition in...
  • Indian startup Chumbak exploits the web to create a niche market 04-07-2013 01:30 PM

    New Delhi: Gone are the days when startups would take years to get visibility and prosper. Today, a startup can easily reach out to hundreds of thousands people and flourish without having to spend a huge sum - but only if it knows how to make the best use of...
  • Google close to buying mapping startup Waze for $1.3 billion: Report 10-06-2013 09:23 AM

    Jerusalem: Google is close to buying Waze for $1.3 billion, an Israeli newspaper reported on Sunday, potentially trumping rival offers for the Israeli mapping start-up. The report on the website of financial newspaper Globes did not cite sources or provide further details. Last month sources told Reuters the Internet search...
  • Google, like Facebook, in talks to buy Waze for about $1 bn: Report 24-05-2013 10:29 AM

    Bangalore: Google Inc is considering buying Israeli mobile satellite navigation start-up Waze Inc, which may lead to a bidding war with Facebook Inc, Bloomberg news reported, citing people familiar with the matter. Waze is seeking more than $1 billion and is fielding expressions of interest from multiple parties, said Bloomberg,...
  • Finnish app store startup Blaast bets on Android in Asia 22-11-2012 11:03 AM

    Helsinki: Finnish technology startup Blaast opened an Android application store hoping to tap into booming demand for affordable smartphones in Indonesia and other emerging markets. The 2010-founded Blaast has built a platform to distribute apps to mid-range cellphones, enabling carriers to sell more data packages bundled with free access to...
  • 11 startups to watch In 2012 02-01-2012 12:09 PM

    PubMatic: When Google announced in June this year it was spending $400 million to acquire AdMeld, the ad platform targeted at digital publishers, the picture only got brighter for PubMatic. Thats because PubMatic immediately would become the largest independent publisher-focussed ad platform. Publishers fear that Google would do to them...
  • IITians started Silicon Valley boom 04-01-2007 04:19 PM

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