This morning, CNN announced that it had acquired Beme, YouTube vlogger Casey Neistat's middling, authenticity-obsessed social media app. Neistat, co-founder Matt Hackett and the app's team will all join CNN's ranks, where they will "launch a new media brand dedicated to timely and topical video content powered by bleeding edge mobile technology".
Tagged With acquisitions
Pinterest, the site beloved by wedding planners and doomsday preppers alike, has acquired the original read later service, Instapaper.
At long last, Marissa Mayer's rocky reign at Yahoo appears to be coming to an end. The news comes not with a bang — or an exclamation point — but with something closer to a resigned sigh.
After a few days full of rampant speculation, Verizon finally confirmed yesterday night that it had reached an agreement to purchase Yahoo's core business for $US4.8 billion ($6.4 billion).
According to the Wall Street Journal, Apple is in talks to acquire Tidal, also known as Jay-Z's music streaming service that lets you listen to Kanye's music a little bit earlier.
Well, this is awkward. Mere days after Hot Topic announced its plans to buy ThinkGeek for $US122 million, the nerdy online retailer called the deal off. What's the deal? Well, it turns out GameStop wanted to pay $US18 million more.
Remember Twitter Music? Probably not. The ill-fated recommendation service started as We Are Hunted, which was a great independent service until Twitter bought it, tanked its music ambitions, and killed it. Now there's a rumour Twitter has its roving eye on SoundCloud. We really hope history isn't about to repeat itself.