Vodafone to buy Germany’s biggest cable operator for $10.1 billion

Vodafone to buy Germanys biggest cable operator for $101 billion

Every summer, the world’s second biggest mobile provider likes to splash out on a broadband company to bolster its cellular offerings. Last year, for instance, Vodafone snapped up Cable & Wireless’ British fiber-optic network for $1.6 billion — but that’s a bargain compared to the $10.1 billion it’s just sealed for Germany’s largest cable company, Kabel Deutschland. Unlike last year’s deal, which concentrated on infrastructure, this move will see Vodafone entering the triple-play market, offering mobile, fixed-line and TV services. Anyone got a German dictionary to hand? We want to look up what “technofreaks” translates to.

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Via: Reuters

Snapjoy photo sharing service shut down following Dropbox aquisition

Snapjoy photo sharing service shut down following Dropbox aquisition

Snapjoy has announced that it’ll be shuttering all of its services a mere six months after being acquired by cloud colossus Dropbox. In a blog post, the company said photos can no longer be imported into Snapjoy and the iPhone app is henceforth unavailable. If you’ve got images stored on the site, you’ll have exactly a month to get them downloaded, since after July 24th, “all photos and data will be permanently deleted.” The same thing happened to Audiogalaxy shortly after its acquisition by Dropbox, and of course other big fish like Google and Twitter are well known for similar behavior after eating smaller fish — though at least we saw the #Music fruits of Twitter’s buyout shortly after it happened. On the other hand, we’ve yet to see Dropbox do anything with Audiogalaxy, so we hope the defunct apps will be resurrected in some form soon.

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Via: CNET

Source: Snapjoy (Blog)

Sprint boosts Clearwire buyout offer to $5 per share, $14 billion valuation

We’re deep into a bona fide bidding war here — Sprint and Dish are both battling for an approximately 50-percent stake in Clearwire, and as of today, that former contestant’s bid makes it the new front runner. To catch you up, last month Dish offered $4.40 per share for Clearwire, following Sprint’s offer of $3.40 per share made way back in December. Now, the carrier has increased its bid to a whopping 5 bucks per share, which values Clearwire at just about $14 billion. (As you can probably imagine, CLWR’s trading price has jumped today to match that new target.) This comes just days after Sprint filed a lawsuit to prevent the other two parties from moving forward. Whether or not CLWR’s spectrum and other assets make it worth that sum is a different story, but Sprint clearly sees some solid value there.

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Source: Sprint (BusinessWire)

Yahoo’s acquisition of Tumblr is now closed, Marissa Mayer rejoices

Yahoo's acquisition of Tumblr is now closed, Marissa Mayer rejoices

That whole Yahoo buying Tumblr thing? That’s a done deal. Yahoo CEO Marissa Mayer took to Yahoo’s Tumblr account — meta! — to announce her excitement at the deal’s close. “Today is an incredibly exciting day for Yahoo! and Tumblr,” Mayer said. She reconfirmed Yahoo’s commitment to running Tumblr as a separate entity, and announced a whole mess of new Tumblrs dedicated to various capacities of Yahoo (Search, Messenger, Mail, Sports, Answers and Flickr). There’s even a GIF containing the fairly amazing image seen above. Head below for the full letter of celebration from Mayer herself.

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Source: Yahoo

Twitter acquires Spindle, a ‘news feed for your neighborhood’

Twitter acquires Spindle, a social network with an emphasis on local updates

Good news for the folks at Spindle came today, as the provider of hyperlocal offers from businesses was acquired by Twitter. Described by the company as, “a tool for tuning into your surroundings,” the service pulls updates from Twitter and Facebook and categorizes offers around themes such as restaurants and shopping. Spindle also includes a social element, with the ability to share check-ins through Facebook and Twitter. The service is currently limited to 11 cities, which includes New York, Los Angeles, San Francisco and Chicago, but according to the company, “By joining forces with Twitter, we can do so much more to help you find interesting, timely, and useful information about what’s happening around you.” As sad news to current users of Spindle, however, the service will shut down effective today, as the team prepares for its transition to the Twitter team in San Francisco. At any rate, it looks like the folks at Lucky Sort won’t be the rookies of Twitter HQ anymore. For a peek at what Spindle entails, just hop the break.

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Via: All Things D

Source: Spindle

Stratasys to acquire 3D printing company MakerBot for $403 million in stock

Stratasys, an Israeli-based 3D printer and additive manufacturer has just agreed to acquire 3D printing company MakerBot for a proposed amount of $403 million in stock. They’ve announced a “definitive merger agreement” where MakerBot would converge with a subsdiary of Stratasys in a stock-for-stock transaction. After selling more than 22,000 3D printers since its inception in 2009, MakerBot is seen as a leader and pioneer in the 3D printing space, and about 11,000 of those sales were due to the Replicator 2 alone. MakerBot will operate as a separate entity with its own branding and marketing as part of the deal, and will provide an affordable 3D printing market for Stratasys. If all goes well with the regulators, it should be done by the third quarter of 2013.

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Microsoft reportedly neared deal for Nokia’s device business, but talks broke down

Microsoft was reportedly near deal for Nokia's device business, but talks broke down

It’s often been rumored that Microsoft had an eye on Nokia’s handset business. It made perfect sense for both companies — one a struggling pioneer of the mobile industry and the other a struggling stalwart from the first wave of smartphones. According to the Wall Street Journal’s sources, the two were actually quite close to striking a deal and were having “advanced talks” in London as recently as this month. But, according to the all-too-familiar “people familiar with the matter,” those talks have broken down. Those same sources say it was Microsoft that walked away from the table over concerns about Nokia’s asking price, especially in light of its continued failure to put a significant dent in Apple and Samsung’s market share. Though it seems like dreams of a Microsoft-Nokia merger are dead for the moment, don’t expect the disagreement to severely affect the duo’s partnership. Nokia is still reliant on Microsoft’s help to stand out in the market and Microsoft needs the Finnish manufacturer to keep pumping out flagship handsets with Windows Phone on them.

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Source: Wall Street Journal

Huawei Nokia acquisition in consideration, says company head

Huawei took to the public today and announced their new Ascend P6 smartphone, which aims to be the thinnest smartphone in town. However, the company is making news in other respects, with the possibility that the Chinese-based company is considering acquiring Nokia, according to Huawei’s chief Richard Yu. Speaking with the Financial Times, Yu says

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Tumblr media director quits, second big departure after Yahoo acquisition

Making this the second big departure for Tumblr in just a few weeks, the company’s media director Mark Coatney (one of the initial employees at Tumblr) has announced that he’s resigning from his role at Tumblr. He didn’t say what his future plans were, other than that he has “a hungry baby to feed,” but

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Yahoo’s spending spree continues: conference call and photo apps, Sky News streaming deal

Yahoos spending spree continues video chat, photo app buys and Sky News streaming deals

After blowing $1.1 billion on Tumblr, we’d assumed that Yahoo would need a lie down in a darkened room while its accountants hunted around for more cash. Turns out that it was just the first in a raft of new deals, including several that the company has made in the last week. First up, the search firm has splashed out on free conference-calling service Rondee, which has been folded into Yahoo’s small business team. Then there’s GhostBird software, makers of iOS photography apps KitCam and PhotoForge, which will now be folded into Flickr’s mobile offerings. Finally, Yahoo has signed up with the UK’s Sky News to broadcast morning show Sunrise online, as well as the main Sky News feed during breaking news events. There’s no word on how much this spending spree has cost, so we’ll keep an ear out for any anguished screams emanating out of 701 1st Ave., Sunnyvale.

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Via: TechCrunch, (2), Yahoo (Twitter)

Source: Rondee, GhostBird, The Guardian