What does one do after generating billions from an initial public stock offering? Go shopping, of course. After falling short of expectations following its somewhat helter-skelter IPO debut, Facebook simply shook off the whole thing and acquired itself some good Karma… Tweet This Post

The final significant roadblock to Google’s buyout of Motorola has been cleared, as Chinese regulators have just given their rubber stamp. Their approval follows a few months after the simultaneous American and European clearances, and virtually all that’s left now is to formally close the deal and start integrating the two mobile giants… Tweet This [...]

Chinese antitrust and competition authorities have approved Google’s deal to purchase Motorola Mobility for $12.5 billion dollars, The Wall Street Journal reported Saturday. The merger, which was announced nine months ago in August 2011, will likely close next week… Tweet This Post

Last we heard from CollegeBudget, its founder and CEO Mike Moradian was in the process of crowdsourcing a very personal decision — whether or not he should attend Harvard Business School or forgo an MBA in favor of leading his startup to victory (or the deadpool)… Tweet This Post

Digital notebook Evernote has acquired digital handwriting notebook app Penultimate, a move that will bring more handwritten notes to Evernote. Penultimate was developed not long after the first iPad was released and has become the fourth best-selling iPad app of all time… Tweet This Post

We’re guessing the pricetag on this deal was slightly less than the $1 billion it paid for Instagram, but Facebook has indeed bought up Italian startup Glancee. Glancee is an iPhone and Android app that “helps you discover and connect with new interesting people around you… Tweet This Post

You’ve probably heard of both DTS and SRS Labs or seen their logos, but you might not be able to explain exactly what these companies do. To put it simply: both enhance the sound from our electronics, and now, they’ll be doing it together… Tweet This Post

Monday, Twitter purchased social media analytics company and YCombinator alumn Hotspots.io for an unknown amount of money, according to Hotspots.io’s website. According to a statement, Twitter’s revenue engineering team will gain Hotspots… Tweet This Post

Facebook is home to some of the best, brightest hackers in the world. Its brain trust of developers is pretty much legendary, and with today’s Instagram acquisition, some of those developers will be spending time on Instagram now, as well… Tweet This Post

Just two years after launching its incubator for Russian web companies, Moscow-based Fast Lane Ventures is making its second significant exit with the sale of TV and online retail service Shopping Live… Tweet This Post

Megalithic Silicon Valley oldster Oracle just announced its agreement to buy ClearTrial, a cloud-based company in the business of biopharmaceutical and medical trials. The company will be welcomed into the Oracle Health Sciences Suite, where it will become a key part of the company’s comprehensive closed-loop clinical trial management offering, with features guiding the client [...]

SXSW attendees may remember that both Gowalla and Foursquare launched at the aforementioned conference in 2009, and during its 2012 edition, the former is formally saying goodbye. Just three months after we heard that Facebook had picked up (but two months after the shutdown was promised), Gowalla is saying its final words… Tweet This Post