Deals

Yahoo is reportedly on the brink of acquiring Xoopit, a Firefox extension that lets users share content from their email accounts with social networks, for $20 million. Xoopit works with both Gmail and Yahoo Mail. It can send photos, videos, Web addresses, attachments and links to photo-sharing site...

Microsoft and Yahoo may be close to finalizing details on the elusive search and online advertising deal that the two have been flirting with for more than a year. Microsoft executives reportedly have flown from their Redmond headquarters to Silicon Valley to finalize details relating to the deploym...

On June 10, Antenna Software completed the acquisition of Dexterra for an undisclosed amount, solidifying its position as a key player in the mobile middleware/platform space, with a sharpened focus on field force enablement. This market grab comes on the heels of Antenna's acquisition of Vettro's s...

Blockbuster and Samsung announced Tuesday that they are partnering to bring the movie-rental chain's digital streaming library to the electronics giant's televisions, home theater systems and Blu-ray disc players. The service should be available by this fall. The owners of some existing 2009 model t...

Sprint Nextel and Ericsson startled the telco world with the announcement that Ericsson would take over managing the day-to-day operations of Sprint's CDMA, iDEN and wireline networks. "Network Advantage," as they've termed the seven-year outsourcing deal, is valued between $4.5 billion and $5 billi...

Pandora Radio Founder Tim Westergren had been one of the most vocal critics of the royalty rates that small online radio broadcasters were forced to pay per government edict. However, Tuesday's announcement of an agreement between those webcasters and SoundExchange, the organization tasked by the re...

He was into cloud computing before cloud computing was cool. Before that, he'd given the world its first real Web browser. He's a board member of eBay and Facebook, and he's invested in some must-watch Web 2.0 companies: Digg, Twitter, Ning, etc. So when Marc Andreessen announced on his blog Sunday ...

In what's being hailed as a milestone moment, Intel and Nokia announced they will work together on developing new mobile chipset technologies, as well as new devices to use them. What, exactly, those devices might be or when they might find their way into consumers' hands remains unknown. Neither In...

Nortel Networks has agreed to sell its two advanced wireless technology business units to Nokia Siemens for $650 million. The companies hope to close the sale by Q3 of this year. It is an ignominious end for the telco, which at one time was one of the dominant players in the global marketplace. In J...

EMC's all-cash bid to buy Data Domain is going to be hard to beat, according to Stifel Nicolaus analyst Aaron Rakers. EMC's $1.8 billion bid, announced Monday, is worth $30 per share in cash, a 20 percent premium over a previously accepted bid by NetApp of $25 per share. NetApp may increase its bid,...

Time Warner is officially releasing AOL from its parentage. A year after announcing its intention to separate from the struggling unit, Time Warner said Thursday the time had come. The company, which owns 95 percent of AOL, will buy out the 5 percent stake that Google owns -- and has already said it...

One figure that's drawn much attention in Facebook's $200 million investment deal with Moscow-based Digital Sky Technologies announced Tuesday is the implied valuation of the privately held social networking company: $10 billion. While impressive, the number is off a third from the $15 billion figur...

Google will start field testing its PowerMeter software with over 10 million customers of eight large utility partners in three countries. Google on Wednesday announced it's lining up energy companies so it can enlist the utilities' customers to start using the home energy consumption software. Powe...

Video streaming site Hulu has struck a deal with Disney to make the media conglomerate's programming, including shows from its ABC television network, available online through its channel. In addition to taking a nearly 30 percent stake in Hulu, Disney will put full episodes of its ABC TV subsidiary...

Perhaps not content with successful sales of its own electronic reading device, Amazon on Monday added another chapter to its e-book strategy with the purchase of Portland, Ore.-based Lexcycle, the makers of Stanza, a reading application downloadable onto iPhones and iPod touches. In announcing the ...