All items tagged with "acquisition"

Apple in talks to buy podcast recommendation service Swell for $30 million

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Apple is in talks to buy Swell, a startup described as “Pandora for talk radio,” according to several sources.

Swell’s service compiles different podcasts and sorts them into personalized streams, thereby acting as a sort-of podcast recommendation system. The deal would reportedly set Apple back a cool $30 million.

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Apple’s BookLamp acquisition aims to beat Amazon at its own game

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Is Apple vs. Amazon the next “thermonuclear” tech war?

Perhaps not quite yet, but with Amazon moving into smartphones, and Apple choosing to stock the books Amazon refuses to, competition is certainly heating up. That may go some way toward explaining Apple’s acquisition of BookLamp, a startup described as the “Pandora for books,” which offers personalized book recommendations.

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And the Beats go on: $3.2 billion deal may not be finalized until next week

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Apple’s much-discussed acquisition of Beats Electronics might not be finalised until next week, according to “people familiar with the transaction.”

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‘The first billionaire in hip-hop’: A drunk Dr. Dre seemingly confirms Apple’s Beats buyout

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Reports of Apple’s pending Beats Electronics acquisition has left the vast majority of us scratching our heads, but if you thought this was just another spurious claim from anonymous supply chain blabbermouths, you can think again. Not only did the story come from reputable sources, but it has been all but confirmed by Dr. Dre himself.

In the short video below, a drunk Dre proclaims himself “the first billionaire in hip-hop” as he celebrates with friends.

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Intel Snaps Up Health Tracking Smartwatch Maker Basis For $100M+

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Intel has reportedly acquired wristwatch health tracking company Basis Science for between $100 – $150 million.

Basis — which was allegedly shopping itself around to potential buyers including Apple, Google, and Microsoft –  currently occupies around 7% of the market with its Basis Health Tracker Watch, versus competitor Jawbone’s 21%.

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John Sculley: We Had The Funds To Buy BlackBerry, But We Waited Too Long

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Former Apple CEO John Sculley has confirmed that he and a group of investors were lining up a bid for BlackBerry, but they waited too long and lost out. In an interview on Bloomberg Surveillance, Sculley reveals how he was surprised when the struggling smartphone maker announced a $1 billion investment deal earlier this week.

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Apple Makes ‘Greatest Acquisition Ever’ By Spending $16B On Its Own Shares

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Apple may not be snapping up big companies all over the place like Yahoo!, but it is buying lots of shares in one major corporation — itself. Last quarter, the Cupertino company spent $16 billion on 36 million of its own shares, which cost, on average, just over $444 apiece.

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Three Acquires O2 Ireland For $1.1 Billion

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Hutchison Whampoa, owner of Three U.K., has today acquired O2 Ireland in a deal worth €850 million ($1.1 billion). Telefonica, O2’s parent company, believes the move will “create a new competitive dynamic in the Irish market,” which Three can now claim 37.5% of with 2 million active subscribers.

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Zynga Closes Draw Something Studio Just Over A Month After New Game

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Zynga has reportedly closed down Draw Something studio OMGPOP and laid off all of its staff just 14 months after it was acquired in a $180 million deal. OMGPOP released its Draw Something sequel back in April, but it appears it wasn’t the success the company hoped it would be.Zynga Closes Draw Something Studio Just Over A Month After New Game

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Apple Has Reportedly Purchased Video Sharing Startup Color Labs [Updated]

Apple Has Reportedly Purchased Video Sharing Startup Color Labs [Updated]

Once a photo sharing service, now a video broadcasting cool… How will Apple use the brains behind Color?

You know how some ideas sound really good conceptually but end up not panning out in reality? Color was such an idea. The iPhone app received a ton of hype originally with its $41 million in venture capital funding. The premise was to create a location-based, crowd-sourced photo stream from people’s smartphone cameras that was shared publicly for everyone to see. After that idea failed, Color tried to reinvent itself into a photo sharing service by partnering with Facebook. Now the app is positioned as an internet broadcasting tool.

With recent rumors that Color Labs was considering closing its doors, a surprising report today claims that Apple is in the process of acquiring the startup.

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