Microsoft Corp. is buying Nokia Corp.’s devices and services business, and getting access to the company’s patents, for a total of 5.44 billion euros ($7.2 billion) in an effort to expand its share of the smartphone market, the companies announced late Monday.
Marissa Mayer has made her boldest move to date as chief of Yahoo! with the billion-dollar purchase of Tumblr, a popular blogging platform she vowed not to ruin after protests from youthful users.
Yahoo! announced Monday it would acquire blogging platform Tumblr for $1.1 billion, saying the two companies “share a vision to make the Internet the ultimate creative canvas.”
Yahoo! confirmed Tuesday that it bought Snip.it, a young San Francisco startup that lets people create scrapbooks with pictures, articles, videos and other content found online.
Chinese personal computer maker Lenovo Group says it’s buying small US software company Stoneware as it seeks to gain a foothold in the rapidly growing field of cloud computing.
South Korea’s Samsung Electronics said Tuesday it had signed a deal to buy a mobile technology unit belonging to British firm Cambridge Silicon Radio (CSR) in a bid to improve its handheld devices.
Facebook on Friday confirmed that it bought a San Francisco startup that helps merchants court shoppers with rewards for checking in with smartphones during visits.
WASHINGTON—Journalism Online, a company started two years ago to help newspapers and magazines collect revenue from online readers, was sold on Thursday to Chicago-based printing firm RR Donnelley. Financial details of the transaction were not disclosed. Journalism Online was launched in April 2009 by three veteran US media executives with the goal of helping news [...]