Subscribe free to our newsletters via your
. GPS News .




INTERNET SPACE
Yahoo buying binge continues with Rockmelt deal
by Staff Writers
San Francisco, California (AFP) Aug 02, 2013


Yahoo on Friday said it bought social web-browsing startup Rockmelt, extending a buying spree started shortly after Marissa Mayer became chief last year.

Yahoo did not disclose the financial terms of the deal, but technology news website AllThingsD valued the purchase at between $60 million and $70 million.

"The team has built a simple and beautiful technology that combines social, personalization and discovery to help you not only find what you're looking for, but also stumble across some cool stuff along the way," Yahoo senior vice president of mobile Adam Cahan said in a blog post.

Rockmelt launched in 2010 with Internet browsing software imbued with social features, such as sharing at Facebook or Twitter.

Buying Rockmelt was seen as a talent acquisition, with Yahoo weaving the startup's technology into its own products.

"The parallels between Yahoo and Rockmelt are obvious," Cahan said in the blog post.

"We can't wait to integrate the Rockmelt technology into our platform."

The Rockmelt buy comes just days after Yahoo snapped up a company specializing in software applications that help small businesses attract and service customers.

It also raises to 21 the total number of acquisitions made by Yahoo since Mayer took the helm a year ago with a mission to revive the withering Internet pioneer.

Yahoo's growing list of acquisitions includes Qwiki, a New York operation behind an application that converts video and pictures on iPhones into sharable movie clips complete with music soundtracks.

Yahoo has also bought Xobni, a startup behind tools for better managing contact lists and email inboxes, and Bignoggins Productions, a one-person operation specializing in fantasy sports applications for iPhones.

Yahoo in June completed a billion-dollar deal taking over the popular blogging platform Tumblr, a move aimed at bringing more youthful users into the company's orbit.

Since former Google executive Mayer became chief at Yahoo, the company has snapped up an array of startups including GhostBird, Alike, Stamped, Snip.it, and a Summly application built by a British teen.

Mayer's plan for reviving Yahoo's fortunes includes making priorities of mobile devices, video, personalized digital content, and elevating the company's popularity outside the United States.

.


Related Links
Satellite-based Internet technologies






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








INTERNET SPACE
MIT claims hands clean in suicide of Internet activist
San Francisco, California (AFP) July 30, 2013
Massachusetts Institute of Technology on Tuesday issued a report clearing itself of wrongdoing in the suicide of an Internet activist who had been under prosecution for plundering academic journal articles from the school. From the time Aaron Swartz was arrested in January of 2011, MIT remained neutral on whether he should be prosecuted and did not try to influence handling of the case, acco ... read more


INTERNET SPACE
Excessive rain in U.S. Southeast causing millions in crop damage

World's first lab-grown burger to be tasted in London

New Zealand dairy giant issues global botulism alert

Top French court lifts ban on growing Monsanto GM corn

INTERNET SPACE
NRL Researchers Discover Novel Material for Cooling of Electronic Devices

Nanotechnology breakthrough is big deal for electronics

Broadband photodetector for polarized light

Intel profits slide as chipmaker repositions

INTERNET SPACE
Airbus delivers first A400M military transport to France

France clips Rafale's wings, hopes for first export order

100th Jet In Final Production; First F-35 Bound For Luke

S. Korea extends bidding for fighter jets

INTERNET SPACE
Car-hacking researchers hope to wake up auto industry

BMW takes 'great leap forward' into electric car market

Hydrogen cars quickened by Copenhagen chemists

Toyota, Ford end hybrid partnership

INTERNET SPACE
Hong Kong billionaire plans huge Australian casino

Netherlands redraws shipping lanes for crowded North Sea

WTO rules against China in US chicken dispute

Small Indian retailer locked in trademark fight with Gap

INTERNET SPACE
Drought making trees more susceptible to dying in forest fires

7 arrested in murder of Costa Rican environmentalist

Tropical Ecosystems Boost Carbon Dioxide as Temperatures Rise

China passes laws to protect country's rare and ancient trees

INTERNET SPACE
GOES-R Satellite Magnetometer Boom Deployment Successful

NASA's Van Allen Probes Discover Particle Accelerator in the Heart of Earth's Radiation Belts

Seeing Photosynthesis from Space: NASA Scientists Use Satellites to Measure Plant Health

First high-resolution national carbon map - Panama

INTERNET SPACE
New NIST nanoscale indenter takes novel approach to measuring surface properties

Desktop printing at the nano level

New nanoscale imaging method finds application in plasmonics

York Nanocentre researchers image individual atoms in a living catalytic reaction




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement