The social network giant, Facebook, just acquired a new small company again as a part of its aggressive growth.
The company is the cloud service firm, Parse, a provider of developer tools for apps in different mobile platforms. Facebook announced this acquisition and confirmed it in their blog today. According to TechCrunch, the deal was closed at around $85 million in cash and stock.
With this move of Facebook, it is not only focusing from being a social network but a business service provider as well.
Parse is responsible for the toolbox . . . → Read More: Facebook Acquires Parse for $85 Million in Cash and Stock
Google continues to be aggressive making their company even bigger. Recently, they acquired Wavii, a company that developed a news app that summarizes news into fewer lines making it more quicker to read.
According to the people knowledgeable about the deal, Wavii, a Seattle-based company was acquired by the tech giant with the amount close to $30 million
Apple Inc. was actually the first who is interested in acquiring Wavii. They want to incorporate the company’s app to Siri. But Google also came interested with Wavii and outbid the Cupertino, California-based company. These came . . . → Read More: Google Acquires Wavii for $30 Million
According to comScore, Google Inc. is continuing to close in at seventy percent on its market share, which moves up by 0.1 percent this month, taking up a record of 67 percent of all search traffic for the month of November.
Yahoo dropped a tenth of its percentage point to 12.1%. Bing’s had increased its share by 0.2 percent, having a total of 16.2%. AOL.com and Ask.com both have dropped their share to 1.7 percent and 3 percent respectively.
The figures for the month of November has marked another new record for both Bing and Google. These numbers reveal explicit . . . → Read More: Google covers 67% of market share, ranks first for November
Yahoo, the internet giant, has been sued for the reason of negligence right after it revealed that there were nearly 450,000 usernames and passwords stolen from a particular website they are holding.
The newly appointed Chief Executive Officer Marissa Meyer remarked that the company is being sued and will be facing court proceedings after one of its users have filed a complaint. According to the complaint filed in court, the login information of this particular user was posted online without his knowledge and permission.
According to the user identified as Jeff Allan, the web portal operator is guilty and should . . . → Read More: Yahoo user complains over security flaws
A couple of news appeared today saying that the social network giant, Facebook, spent aroun $550 million to acquire 650 patents held by Microsoft. The purchase came after what appeared to be and even larger acquisition of IBM for 750 patents for an undisclosed amount.
It appears that the IBM patents that Facebook bought are not really important to the social network giant as the ones once held by AOL that Facebook purchased from Microsoft today.
In the amended S-1 of Facebook, which it filed with the Security and Exchange Commission today, the company stated that they spent . . . → Read More: Facebook Spent $83 Million for IBM Patent Acquisition
Google has enhanced the iPhone application its own social network, Google+. The Google+ iPhone App now has features that are recently revealed on the social network website.
The improved Google+ app now allows you or let you join a “Hangout”, it is a new videoconferencing service in which people can chat with others within their circles. Though it’s possible to join an existing Hangout through the iPhone application, you still need to open your Google+ account in your personal computer to start a new Hangout videoconference.
Huddle, a former group IM feature has been . . . → Read More: Google Improves Google+ iPhone App
Google said that Facebook hit 1-trillion page views for the month of June.
However, that astounding quantity on Facebook’s traffic is just what’s served up by the DoubleClick Ad Planner rankings of Google, which compile data on Web traffic “from a variety of sources including anonymized, aggregated Google Toolbar data” and information from DoubleClick ad management service of Google.
Certainly, there is a Web traffic that takes place without the eyes of Google peering in and it is safe to say that Facebook is past the Google DoubleClick month estimate.
Facebook had . . . → Read More: Google Says Facebook Reaches One Trillion Page Views in June