What’s Apple going to do with $97 billion in cash?
During its earnings conference call, Apple confirmed the company is sitting on a treasure chest of US$97.6 billion. This stack of cash is steadily growing, up from $81.6 billion at the end of the September quarter. With all that money in the bank, you...
Walmart acquires iOS development agency Small Society
There have been quite a few strange acquisitions in the world of iOS development lately, but I think this one takes the cake: Walmart, of all places, has picked up an iOS development house named Small Society, in order to strengthen its customers'...
Nuance to acquire rival Vlingo
Nuance, the company behind the Dragon apps and a whole slew of other popular software suites, has decided to acquire its rival Vlingo, another voice-to-text software developer. VentureBeat says it's for an undisclosed sum, but even though the two ...
AT&T stops shopping T-Mobile assets as death of merger seems inevitable
In another sign that AT&T is entering the final stage of grief and preparing for the inevitable death of its $39 billion acquisition bid for T-Mobile, the company has suspended talks with potential buyers of T-Mobile assets....
How AT&T Completely $#!@ed Up The T-Mobile Acquisition
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...Smule acquires Khush, two music-making app companies join forces
Here's an interesting acquisition that completely makes sense in hindsight. Smule, the company behind popular iOS apps like Magic Piano and the original Ocarina for iPhone app, has acquired Khush, an iOS developer that also makes musical apps,...
Rovio reportedly turns down $2.25 billion from Zynga
We're pretty late in the year, but this might be one of the craziest stories of 2011 -- according to sources, Angry Birds developer Rovio turned down a deal with social game company Zynga, to the tune of $2.25 billion. That's right, billion with a...
FCC Chairman: I’m Going To Kill This Anti-Competitive AT&T / T-Mobile Deal
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...An interview with Dag Kittlaus, the man who sold Siri to Apple
It only took one phone call to turn Siri's Dag Kittlaus's life around. Before the call, he was the head of a Silicon Valley startup and afterwards, he was a multimillionaire working with Apple. In an interview with Norwegian publication E24, Dag Kit...
Ubisoft acquires RedLynx, developer of Thousand Heroes and DrawRace 2 for iOS
Game developer Ubisoft, publishers of some of the biggest franchises on HD consoles, has picked up developer RedLynx, makers of XBLA's great Trials HD, as well as a few solid iOS titles, including Thousand Heroes and the excellent DrawRace 2. Ubis...
Apple looks to delay Motorola patent suits
Apple is asking the courts to delay two infringement cases with Motorola. The Cupertino company argues that Motorola has lost control over its patents because of the Google-Motorola deal. Apple's official statement says,
To further its pendin...
