San Francisco: Yahoo has agreed to pay $1.1 billion to buy blogging forum Tumblr, ranking it in among the top 10 tech deals announced this year, according to research firm Dealogic. Here's a list of the top 10 tech mergers and acquisitions in 2013. Valuation is based on Dealogic's criteria and includes debt.
1. Dell Inc., to Silver Lake Management LLC (original bid), Feb. 5, 2013, $20.7 billion for 85 percent of company.
2. Dell Inc., to Icahn Enterprises LP and Southeastern Asset Management Inc. (competing bid), March 25, 2013, $18.9 billion for 87 percent of company.
3. BMC Software Inc., to Bain Capital Partners and others, May 6, 2013, $7.2 billion....
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09:35 AM, May 21, 2013
San Francisco: After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online blogging forum Tumblr in a risky acquisition that revolves around the vision and instincts of a 26-year-old entrepreneur who dropped out of high school to pursue his dream of bringing more beauty and...
09:25 AM, May 21, 2013
San Francisco: Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand. The deal, announced on Monday, is a bold bet by Yahoo Chief Executive Marissa Mayer to revitalize the company by co-opting a Web property with strong visitor traffic but little revenue. The combination...
05:25 AM, May 21, 2013
San Francisco: Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times. The deal announced Monday represents Mayer's boldest move yet since she left Google 10 months ago to lead Yahoo's latest comeback attempt. It marks Yahoo's most expensive acquisition since the Sunnyvale, California, company bought Overture for $1.3 billion a decade ago. Tumblr...
05:54 PM, May 20, 2013
New Delhi: Yahoo's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash. This is new Yahoo CEO Marissa Mayer's largest deal since taking the helm of the once-iconic Internet company in July 2012. 10 facts about Tumblr: 1. 26-year-old David Karp is Tumblr's founder and CEO. 2. Tubmlr was launched in February 2007. 3. The company has 175 employees. 4. Tumblr...
07:31 AM, May 20, 2013
Saudi Arabia may try to end anonymity for Twitter users in the country by limiting access to the site to people who register their identification documents, the Arab News daily reported on Saturday. ...
03:32 PM, Mar 30, 2013
Exactly seven years ago, on March 21, 2006, Jack Dorsey, co-founder of Twitter, posted the first ever tweet. ...
05:42 PM, Mar 21, 2013
Under pressure to quicken its growth, the once-red hot question-and-answer startup Quora.com said it will launch a blogging platform to encourage more input from its users, who share everything from intensely personal experiences to deep technical knowledge on the site. ...
11:13 AM, Jan 24, 2013
This was the third year running that the microblogging site published its top Twitter trends, offering a barometer to assess the biggest events in social media. ...
01:40 PM, Dec 12, 2012
Pope Benedict XVI will start tweeting in six languages from his own personal handle @Pontifex on December 12. ...
05:23 PM, Dec 03, 2012
New Delhi: While it was always possible to email a tweet, but not directly from Twitter. Now Twitter has added a new feature that will let users to email tweets directly from the Twitter message stream itself. Twitter also announced improved Android and iPhone apps and also enhancements to Twitter search. The new ability to email a Tweet directly from twitter.com will roll out to all Twitter users in a...
10:57 AM, Nov 16, 2012
Vatican City: He already has a billion followers. Now, Pope Benedict XVI will join the Twitter-sphere, tweeting from a personal account along with the world's celebrities, leaders and ordinary folk. Vatican spokesman the Rev. Federico Lombardi made the announcement Thursday, saying details about Benedict's handle and other information will come when the Vatican officially launches the account, perhaps before the end of the year. The 85-year-old Benedict sent his first...
07:49 AM, Nov 09, 2012
San Francisco: Twitter says it mistakenly reset the passwords of some users as part of a routine security check-up. Thursday's mix-up triggered warnings on technology blogs and in tweets that the online messaging service had been attacked by computer hackers. Twitter sought to clear up the confusion with a post on its website a few hours after it sent out emails alerting some users that their accounts had been compromised....
07:44 AM, Nov 09, 2012
San Francisco: Twitter users flocked to the micro-messaging network this week as Hurricane Sandy swept through the eastern US seaboard, sending more than 20 million tweets about the storm between Saturday and Thursday, the company said. This far exceeds the 13.7 million tweets sent during the Super Bowl in February, typically the largest media event of the year. Founded in 2006, Twitter has sought to position itself as a "second...
02:58 PM, Nov 03, 2012
Shanghai: As China prepares for a generational power shift in the next two weeks, a similar shift is happening online that is testing the limits and displaying the evolution of China's legions of state-directed censors. Since its launch three years ago, Weibo, China's version of Twitter, has become the country's water cooler, a place where nearly 300 million Internet users opine on everything from Korean soap operas to China's latest...
12:21 PM, Nov 01, 2012
San Francisco: Twitter will soon roll out a free tool for users to handpick and publish selections of tweets, reflecting the company's commitment to remain a neutral, interactive platform rather than become a media company, CEO Dick Costolo said on Friday. The new tool will allow users, including journalists, to manually curate and display tweets to accompany breaking news events. "We've known for a long time that for events in...
11:35 AM, Sep 22, 2012
New Delhi: Apparently inspired by the cover image on the Facebook timeline, Twitter has also introduced an header photo to Twitter user profiles. The new header photo will be visible on profiles on the Twitter website as well as the iPad, iPhone and Android apps. On the iPhone, Android and iPad, Twitter has also added the photo stream below the user's most recent tweets. The microblogging leader has also announced...
07:03 AM, Sep 19, 2012
New York: A Turkish couple has shown that they need far less than 140 characters to express eternal love for each other, after exchanging wedding vows via Twitter on their iPads. Cengizhan Celik, the Groom, and his bride Candan Canik got married by tweeting the Turkish word "Evet," or "Yes," on their iPads. Their officiant Mustafa Kara, a local mayor, had prompted them before to say "I do" with a...
03:35 PM, Sep 07, 2012
New York: Twitter Inc will begin allowing advertisers to directly target users based on the interests they reveal in their tweets, the social media company said Thursday. No longer content to be a "dumb" bulletin board, with 400 million micro-messages posted daily, Twitter has moved to a strategy of actively sifting through what each user is reading and tweeting in order to discern every individual's interests. Founded in 2006, Twitter...
02:03 PM, Aug 31, 2012
New Delhi: Even as the Government said there is no attempt to block individual Twitter handle, the micro blogging site is abuzz with comments against the Government. On Twitter, hashtags like #Emergency2012, #GOIBlocks, GOI, #twitter and #news became trending topics. "Ministers don't want to speak in Parliament, They don't want people to speak on Twitter," read a tweet. "They can block my Twitter, my FB, my Blog, my Email BUT...
11:10 PM, Aug 23, 2012
