Apple Acquires Public Transit App Developer, Embark

Apple Acquires Public Transit App Developer, Embark

Apple has been making a number of improvements to its Maps iOS application, but ultimately, the service has yet to become as popular as competing services, such as Google Maps. Misinformation and inaccuracies seem to be some of the big issues plaguing Apple’s Maps, but if you’re someone who relies on public transportation, the service has been completely useless to you up until this point. That is until Apple acquired Embark, who just so happens to have developed a public transit application in the past. (more…)

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  • Apple Acquires Public Transit App Developer, Embark original content from Ubergizmo.

        



    Apple acquires Embark, a transit app it recommended during the iOS Maps disaster

    Apple acquires Embark, a transit app company it recommended during the iOS Maps disaster

    Remember that time Apple launched a new iteration of iOS with a godawful mapping app? Shortly after that, it also recommended that users in major metropolitan areas lean on third-party apps for mass transit navigation, given that iOS Maps had no such functionality. As it turns out, Embark was one of those app makers, and it has very much enjoyed the influx of attention that has arrived thanks to Apple’s gaffe. Now, however, the small team will likely not be toiling on future Android apps, as Jessica Lessin is reporting that Embark has been acquired by Apple itself. It’s unclear how much money changed hands, but one could surmise that Apple will be using Embark’s technology to bolster its own mass transit routing — an area where Google currently rules the roost. Will proper integration happen prior to iOS 7’s release this autumn? It’s doubtful, but we’ve sure seen crazier things happen.

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    Source: Jessica Lessin

    Verizon shelves Wind and Mobilicity acquisitions, ponders Canada’s 700MHz auction

    Verizon shelves Wind and Mobilicity acquisitions, ponders Canada's 700MHz auction

    Verizon’s insatiable appetite for spectrum is legendary. The company’s most recently been eyeing Canada’s valuable 700MHz airwaves and even shown interest in acquiring troubled carriers Wind Mobile and Mobilicity. (Especially after the CRTC rejected Telus’s attempt to purchase the latter.) The Globe and Mail now reports that VZW’s chosen to delay its potential acquisitions of the two carriers until after next year’s 700MHz auction and that the US company is considering a bid for the spectrum directly. It’s unclear if Verizon is attempting to buy time, trying to push the price of the struggling operators down or simply losing interest in the Canadian market. One thing’s for sure — if the company bids in the auction it won’t be able to negotiate any deals with other applicants until next year.

    [Image credit: Andrew Currie, Flickr]

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    Via: Reuters

    Source: The Globe and Mail

    Facebook To Acquire Mobile Technologies

    Facebook To Acquire Mobile TechnologiesWhen you are a small company, you are extremely nimble and can navigate yourself through choppy waters with greater ease than behemoths, but somehow do not happen to have the kind of money that the big boys have – which requires you to be more creative in order to keep up with the competition. However, when a small company eventually “grows up” to be the proverbial 800 lbs gorilla, then allocating resources to develop new technologies might be considered counter productive when you can use the very same resources to snap up the up-and-coming small fry that have the technology which you are looking for. This is what Facebook has done, where they intend to move into the future by acquiring Mobile Technologies.

    Mobile Technologies happens to be a company that specializes in speech recognition and translation, which means this acquisition does give some insight into what Facebook intends to do for the future. In fact, Mobile Technologies already has an app known as Jibbigo which is capable of translating text into different languages, while offering pronunciation cues via audio. This app might not have a long shelf life after the acquisition, but the technology could be used by Facebook to augment the social network giant’s future endeavors. [Facebook Post]

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    Apple reportedly acquires video discovery service Matcha.tv

    Apple reportedly acquires video discovery service Matchatv

    It’s time to add another entry on our “Apple television rumors” timeline, as reports tonight indicate the company has acquired the team behind the second screen web / iPad app Matcha.tv. VentureBeat initially posted news of the acquisition at a price of between $1 and $1.5 million, which would appear to explain the aggregator’s sudden disappearance back in May. If you weren’t familiar with it before now, Matcha.tv was one of a number of efforts seeking to enable content discovery from mobile devices. By the time it closed its doors, it included TV listings of what’s on cable / satellite, queues for online streaming from services like Netflix and Hulu, personalized recommendations and social network tie-ins. CEO Guy Piekarz told TechCrunch in May that the company has a “plan to provide something better in the future.” We’ll wait and see if speculation leans towards an IR blaster tie-in for the iPhone similar to the Galaxy S 4 and HTC One, controls for an integrated living room TV experience or something else entirely.

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    Source: VentureBeat, AllThingsD, Matcha.tv

    Facebook acquires Mobile Technologies, maker of Jibbigo translation app

    Facebook has acquired the company behind language translation app Jibbigo, Mobile Technologies, with the social network’s Tom Stocky having first announced the news on his Facebook page. The acquisition scored the social network both Mobile Technologies’ employees and its technologies, both of which will be heading to Menlo Park. Facebook has no plans to shut […]

    Facebook to acquire speech recognition startup Mobile Technologies

    Facebook to acquire speech recognition startup Mobile Technologies

    Facebook may not seem like an obvious match for a machine translation company, but its just agreed to snatch up speech recognition startup Mobile Technologies to strengthen its chops in the area. If you’re not familiar with the outfit, they’re the minds behind the Android and iOS app Jibbigo, which translates your text or dulcet tones into other languages. While Zuckerberg and Co. haven’t revealed precise plans for the freshly-acquired firm, they note that the voice tech factors into their long-term plan for the web and mobile devices. “Voice technology has become an increasingly important way for people to navigate mobile devices and the web, and this technology will help us evolve our products to match that evolution,” said Tom Stocky, Facebook’s Director of Product Management. “We believe this acquisition is an investment in our long-term product roadmap as we continue towards our company’s mission.” There’s no word if Jibiggo will still receive support once Mobile Technologies joins the social network in Menlo Park, but we’ve gotten in touch with the team to find out.

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    Via: TechCrunch

    Source: Tom Stocky (Facebook), Jibbigo

    NBC acquires social video streaming company for user-generated content boost

    Mainstream news outlets heavily rely on user-generated content already, but in a bid to boost it even more, NBC has bought Stringwire, a social video streaming company that allows for real-time sharing of videos recorded with smartphones. NBC thinks it’ll be the next generation of news coverage. When news breaks locally, news crews try to […]

    Jeff Bezos buys The Washington Post for $250 million in cash

    Some big (and surprising) news in the media industry today: The Washington Post has just confirmed that it and its affiliated publications have been acquired by Amazon CEO Jeff Bezos for $250 million in cash. The paper notes that Amazon itself “will have no role in the purchase,” and that Bezos “will buy the news organization and become its sole owner when the sale is completed, probably within 60 days.” It also goes on to explain that the existing Washington Post Company, which owns a number of other businesses (including Slate), “will change to a new, still-undecided name and continue as a publicly traded company without The Post thereafter.”

    In an interview with the paper, the Post Co.’s chief executive, Donald Graham, says that “The Post could have survived under the company’s ownership and been profitable for the foreseeable future. But we wanted to do more than survive,” adding, “I’m not saying this guarantees success but it gives us a much greater chance of success.” In a letter to Post employees, Bezos, who was apparently one of several suitors considered by the company, says that he “won’t be leading The Washington Post day-to-day,” but that “there will of course be change at The Post over the coming years,” and that “we will need to invent, which means we will need to experiment.”

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    Via: @Romenesko (Twitter)

    Source: The Washington Post (1), (2)

    Yahoo acquires Rockmelt: apps close shop on August 31

    In its latest in a long line of acquisitions this year, Yahoo has acquired the web browser technology group Rockmelt. While this news does not affect the way that Rockmelt works right this minute as a web browser up for download on multiple platforms, it does spell trouble for those hoping for Rockmelt-centric development in […]