The American mobile telecommunications community was rocked this week by word that AT&T had entered into a definitive agreement to buy German-owned T-Mobile to the tune of $39 billion dollars. When word about the purchase came down this week, we had two questions: First, will Catherine Zeta Jones and Luke Wilson work together, or be forced to battle it out to see who gets to keep the B-list celebrity spokesperson gig after the merger goes through? Second, and more importantly, will T-mobile customers have a chance to get their hands on an iPhone?
It was too awesome a rumor to have been true. After a week of whispered rumors, punditry and the intermittent sound of sighs and facepalms ringing out across the land, it appears that the dream of a Facebook buyout by Apple has been dashed upon the rocks of reality. According to Mashable, who broke the story last week, further information that debunked speculation that Mark Zuckerberg was ready to hand over Facebook's reigns for a whole lotta cold hard cash is nothing but hogwash.
As they happened to have $400 million dollars just kicking around anyway, the Japanese game moguls at DeNA thought they’d, you know, buy ngmoco. Just because they could. Seriously though, the news of DeNA's pricey aquisition is significant, as the $400 million transaction is easily one of the highest ever paid to buy out a company that specializes in iOS application development.
There's no getting around it: Aol has bought out well-known internet tech news site TechCrunch for an undisclosed amount of money. The acquisition encompasses all of TechCrunch's websites including GreenTech, TechCrunchIT, CrunchBase, CrunchGear and yes, the Crunch Empire mother ship itself, TechCrunch. That's a whole lotta website. The buyout was announced at the TechCrunch Disrupt event by TechCrunch founder Michael Arrington and Aol CEO Tim Armstrong. Armstrong told those in attendance that Aol planned to allow TechCrunch's merry band of journalists and editors to maintain editorial independence despite the plans to integrate TechCrunch websites into the Aol Technology Network.
The facial recognition features found in iPhoto and Aperture are pretty popular with users, and make it infinitely easier to sort out and organize a mess of photos in short order--even if your cat is involved. If a recent acquisition made by the Cupertino-based company is any indication, it would appear that Apple may be interested in building upon their success with facial recognition technology. According to CNET, Apple has purchased a small but promising Swedish tech company called Polar Rose, who specialize in--you guessed it--facial recognition applications.
Palm's had a rough year, with lower than expected sales of their handsets, bizarre advertising campaigns, and plummeting profit expectations. They could really use a hug. Don't worry Palm, HTC's here for you buddy. Everything's gonna be OK... shhhhh...