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.
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.
As you’ve likely heard, Google recently acquired Sparrow, the popular email app for both the Mac and iPhone. Along with the acquisition, Google made it clear that no further updates or changes would be pushed to the Mac and iPhone, and that the Sparrow team will be merging with the Gmail team.
People never like change, though, and the Google-Sparrow acquisition is no exception. Within just days of the announcement, a petition to keep Sparrow alive has popped up on the web.
Google has announced its acquisition of leading mobile office solution Quickoffice. Quickoffice has proved to be one of the most powerful mobile office suites available and has shared success across multiple mobile platforms including Android and iOS. It’s tough to tell what Google has planned for the office suite but we’re sure it involves Google Docs, Google Drive, and a host of other productivity apps.
There’s no telling what the future will hold for the Quickoffice suite currently on iOS, as well as platforms other than Android — but one has to wonder: will Google simply kill them off or keep them after they integrate its features into their own apps? Details are bit scarce at this point but we’ll keep you updated.
Looks like Google is on another acquisition kick, as they’ve been scooping up companies left and right over the past month. We certainly welcome this latest addition and look forward to the Quickoffice integration.
Source: Google Blog
Just hours after announcing its acquisition of Penultimate, Evernote has released an update to its iOS app that promises to deliver some major improvements to note taking on the iPhone. It has improved the way in which the app handles attachments and checkboxes, added support for Photo Stream, redesigned the audio recorder, and more.
AT&T’s plan to gobble up the fourth largest carrier in America is, for all intents and purposes, dead. After the Department of Justice moved to block the deal, AT&T began to back out of the deal.
So here’s a question. How does one of the biggest companies on Earth, with more lobbyists and politicians in its pocket than you can count, find itself incapable of closing a merger deal with a fourth-rate carrier, even after spending millions on campaign contributions, kickbacks and lobbying?
The simple answer? AT&T done $%!@ed up.
Julius Genachowski, the chairman of the U.S. Federal Communication Commission, has spoken out about AT&T’s proposed acquisition of T-Mobile and deemed the merger to be against the public interest. Genachowski has called for commissioners to vote for an administrative public hearing against the $39 billion, which could prove to be a huge setback for the two carriers.
