Google has finally closed its much-talked-about $12.5 billion acquisition of Motorola Mobility, Google CEO Larry Page announced today on the company’s blog. “I’m excited to announce today that our Motorola Mobility deal has closed,” Page wrote… Tweet This Post

Google’s acquisition of Motorola Mobility will finally close this week and some of Moto’s staff could be axed in the process, according to a TechCrunch report. Chinese antitrust authorities approved the $12… Tweet This Post

Cull TV, a site that features curated playlist of music videos from indie artists, has been acquired by social video network Twitvid, the companies announced today. Cull TV is sort of what the internet version of Mtv would probably look like if it was still about music instead of godawful teen reality shows staring quasi-famous [...]

The secret details of the $1 billion deal between Facebook and Instagram are more convoluted than anyone thought. VentureBeat has learned that Instagram chief executive and co-founder Kevin Systrom first got an offer and a term sheet from Twitter, then shrewdly doubled the value of his young company by striking a deal with Facebook… Tweet [...]

Facebook’s $1 billion purchase of Instagram was the topic on everyone’s lips at Mega Startup Weekend last Saturday and Sunday. The world’s most expensive “Like” has clearly gotten tech entrepreneurs buzzing about who will be next… Tweet This Post

Let us make you an offer you can’t refuse Good news for all you mobile game developers out there. Zynga, now a public company, has a big chunk of available cash on hand, and says its aggressively looking for the next big thing to spend part of its $1… Tweet This Post

Instagram co-founder Kevin Systrom knew all the right people in Silicon Valley to get take his startup from idea to $1 billion Facebook buyout. But it seems Systrom had connections to the social network throughout his career… Tweet This Post

You’d think that by now, Google’s $12.5 billion purchase of Motorola Mobility (its largest acquisition ever) would be shaping into some sort of brilliant strategy. But you’d be wrong… Tweet This Post

Instagram chief executive Kevin Systrom just netted $400 million for selling his two-year-old startup to Facebook for $1 billion. That’s according to a report by Wired, which cites sources indicating that Systrom holds 40 percent of the company he founded — an impressively large chunk for any entrepreneur at the time of exit, let alone [...]

Republicans in the U.S. government are seeking to limit the Federal Communicatiosn Commission’s power to oversee mergers in the tech and telecommunications arena. The Federal Communications Commission Process Reform Act passed in the House of Representatives last night 274-174 with only 12 Democrats voting in favor of the bill… Tweet This Post

Airbnb has acquired Crashpadder, a London-based company that runs an online marketplace where people can list their homes and apartments to be rented out for short stays (essentially, it was like a smaller Airbnb… Tweet This Post

It’s no secret that 2012 will be a year full of acquisitions in the game industry. Last year, investments grew 96 percent to $2 billion, while the value of acquisitions grew 160 percent to $3.4 billion, according to game-centric investment bank Digi-Capital… Tweet This Post