V3.co.uk: Microsoft is a whisker away from an $8bn deal to buy VoIP firm Skype in its biggest ever foray into the acquisition market, according to a report in The Wall Street Journal. The deal, which would total around $8.5bn when including Skype’s long-term debt, could be signed as early as Tuesday, people familiar with the matter told the paper. ...
TheNextWeb wrote: We’ve received a solid report from a reliable and proven source that Yahoo has sold social bookmarking site Delicious for $5m+. The service was placed on the market in December after a meeting to discuss Yahoo’s future direction. After a heated bidding process, the site has reportedly been sold to a rival bookmarking service – who exactly we’re unsure of but we’ll update once we have confirmation. We do know its been sold to an existing competitor with “strong user base.” ...
Mashable wrote: Google has broken new ground in the personal finance realm with the purchase of UK price comparison website BeatThatQuote for $61.5 million ($37.7 million GBP). BeatThatQuote, launched in 2005, provides price comparisons for UK loans, insurance, legal services, utilities and other financial products. It was named one of the UK’s fastest-growing websites by Nielsen in 2007. ...
New York, December 27th (TradersHuddle.com) – Shares of Red Hat, Inc. (NYSE:RHT) are trading very close to calculated support at $45.27 with current price action closing at just $46.51 places the stock price near levels where traders will start paying attention. Red Hat, Inc. (NYSE:RHT) develops and provides open source software and services, including the Red Hat Linux operating system. ...
Mashable: Windows Phone 7 has been on the market for a little more than a month, but the company still isn’t disclosing how many devices featuring its revamped mobile OS have been sold. Pressed on the issue by The Wall Street Journal’s Walt Mossberg at All Things Digital’s D: Dive Into Mobile conference on Tuesday, Microsoft Corporate VP for Windows Phone Joe Belfiore would say only that “It’s just too soon to talk about numbers,” though he admitted it will likely take years before Microsoft is near the top of the mobile market share discussion. ...
Google has given all of its employees $1,000 cash “holiday bonuses” and 2011 salary increases of at least 10%, a loyal reader tells us. The 10% company-wide raise will take effect on January 1, 2011. In addition, Google will also give each employee an additional raise equivalent to 1X the employee’s target bonus for the year. And employees will be eligible for additional “merit increases” based on their individual performance. ...
Just 5 years after founding Facebook, Mark Zuckerberg is worth more than Apple’s iconic chief Steve Jobs. This year, Zuckerberg, 26, added $4.9 billion to his fortune–vaulting to #35 on the Forbes 400 with an estimated fortune of $6.9 billion. Why the jump? Recent private equity investments in Facebook valued the firm at around $23 billion–more than triple its 2009 value of $7 billion. Illiquid private shares in secondary markets point to an even richer valuation. ...
Mashable: Microsoft CEO Steve Ballmer has sold 12% of his stake in the tech giant in a transaction worth over $1.3 billion. According to a filing with the SEC, Ballmer has sold 49.3 million Microsoft shares over the last three days, bringing his total ownership to 358.9 million shares, or approximately 4.2% of the company. Essentially, he sold 12% of his shares at a price between $26 and $28. ...
SharesPost has valued Farmville developer Zynga Game Network at $5.51 billion, according to Business Week. That means it is now estimated to be bigger than console publisher Electronic Arts, which stands at a market cap of $5.16 billion. It still has a long way to go to beat Activision Blizzard, which has a market cap of $13.9 billion. While making such direct comparisons isn’t completely accurate, nor fair, it gives us a snapshot at how quickly social network gaming is growing. Zynga was founded four years ago and already six of the 10 most popular apps on Facebook belong to it, and it has more than 210 million monthly active users. ...
BusinessWeek and Fortune have both released their annual rankings — the 50 Most Innovative Companies and the Fortune 500, respectively — and Apple has strong showings in both publications. For the sixth consecutive year, Apple ranked number one in BusinessWeek’s 50 Most Innovative Companies report. When you consider that BusinessWeek only started this ranking system in 2005, that statistic becomes even more impressive. James Andrew, senior partner and head of global innovation at Boston Consulting Group (the company that provides the data to BusinessWeek) claims that every year Apple is the “hands down winner,” although Google remains a strong second. Furthermore, when those surveyed were asked what company would replace Apple as the most innovative over the next five years, the most common response was “no one.” ...