Rumor: Google Secretly Invested Over $100 Million to start Google Games

Rumor: Google Secretly Invested Over $100 Million to start Google Games

According to TechCrunch, Google has secretly invested anywhere between $100 to $200 million in the popular social games development company, Zynga. Apparently, neither Google or Zynga has officially confirmed this news but TechCrunch says that they have confirmed the story from multiple sources.

Facebook Acquires Local Travel Recommendation Service Nextstop

Facebook Acquires Local Travel Recommendation Service Nextstop

Facebook has acquired local travel recommendation service, Nextstop. Nextstop is a service where users can create their own local travel guides or browse through other user’s guides and recommend it to other users.

[ More ] By on Jul 9, 2010 in Business, Social Media | View Comments
Facebook snaps Google Chrome OS Architect and VMware VP

Facebook snaps Google Chrome OS Architect and VMware VP

Facebook has hired one of the key members of Google Chrome OS open source project, Matthew Papakipos  and VMware Vice President Jocelyn Goldfein into its engineering team.

[ More ] By on Jun 28, 2010 in Business, News | View Comments
Zynga raises $147 million from Japanese firm Softbank

Zynga raises $147 million from Japanese firm Softbank

Popular social games developer, Zynga has raised further $147 million from Japanese telecommunication and media conglomerate, Softbank in its second round of funding. With this funding, Zynga plans to spread its user base throughout Asia and will also focus now on bringing its games on mobile devices. In total Zynga has so far raised $366 [...]

Online Gambling Company 888 Holdings acquires Social Gaming Company Mytopia From Real Dice For $18M

Online Gambling Company 888 Holdings acquires Social Gaming Company Mytopia From Real Dice For $18M

Internet gambling company 888 holdings has acquired social games developer Mytopia from Real Dice. Mytopia is a cross-platform social game solution developed by Real Dice co-founded by brother-sister Guy Ben-Artzi and Galia Ben-Artzi.

[ More ] By on Jun 14, 2010 in Business, Social Media | View Comments
Twitter acquires Smallthought Systems for Analytics Tools

Twitter acquires Smallthought Systems for Analytics Tools

To further improve its micro blogging site Twitter has acquired a startup Smallthought Systems which made Dabble DB and Trendly. Dabble DB is an online project management tool to manage databases which twitter since last year while Trendly is a tool that displays trends from Google Analytics data. Twitter said the main reason for acquisition [...]

[ More ] By on Jun 11, 2010 in Business, Social Media | View Comments