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Yahoo Officially Acquires Tumblr for $1.1 Billion Board approved deal on Sunday

Yahoo’s is spending over a billion to nab Tumblr. The deal received board approval on Sunday, according to Allthingsd.com and The Wall Street Journal. And now Yahoo CEO Marissa Mayer has confirmed…

May 19, 2013, 1:15 PM EDT

Microsoft Would Reportedly Pay $1 Billion for Nook's Digital Assets Company plans to discontinue its Android tablets

Microsoft is willing to pay $1 billion for Nook Media's digital assets, Tech Crunch reported, citing internal company documents. Since the story broke early today, Barnes & Noble shares jumped 18…

May 9, 2013, 1:58 PM EDT

AOL Earnings Solid as Company Tries to Reinvent Itself Advertising sees growth, but investors question reliance on dial-up

AOL posted solid first-quarter earnings today as it continues its turnaround. The media company's brand business is on somewhat shaky footing as AOL continues to profit mostly from a declining dial-up platform. Overall…

May 8, 2013, 2:11 PM EDT

PwC: Digital Consumption Driving Media Dealmaking Demand for spectrum, streaming content at core of investment activity

Companies in the media industry are making investments to keep up with consumers' shift to digital consumption, according to PricewaterhouseCoopers' newly released 2013 U.S. deal insights for the entertainment, media…

April 25, 2013, 12:49 PM EDT

Amazon Reportedly Buys Siri Competitor for $26M Acquisition of Evi adds fuel to rumors of new smartphone

Amazon has purchased Evi, a British startup that builds voice recognition software similar to Siri, for $26 million, TechCrunch reported, crediting unnamed sources as representatives from Amazon, Evi, and venture…

April 18, 2013, 10:19 AM EDT

Dish Network Makes $25.5 Billion Bid for Sprint Combined company would address consumer demand for bundled services

Satellite TV provider Dish Network proposed a $25.5 billion merger with Sprint Nextel this morning in a bid to drive out competition from Japanese carrier Softbank, which in October offered…

April 15, 2013, 12:35 PM EDT

Time Warner Bids $1.4 Billion for Endemol ‘Big Brother’ maker is 'an attractive asset'

Time Warner has made an unsolicited offer of €1 billion ($1.4 billion) for the Dutch TV company behind Big Brother and Deal or No Deal. The Financial Times reports that the…

November 7, 2011, 6:55 AM EST

Adobe Buys Ad Platform Auditude $120m acquisition marks further move into Web advertising

Adobe is buying Auditude, an online video ad platform. The deal lets Adobe monetize its video publishing tools, according to ZDNet, by integrating Auditude’s ad server with its digital marketing. The…

November 2, 2011, 8:07 AM EDT

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