Duncan Riley
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Candy Crush Saga maker King Digital Entertainment PLC has acquired Seattle-based mobile game studio Z2Live Inc. (Z2) for $150 million, consisting of $45 million in cash up front, and up to $105 million of additional cash linked to future events. Founded in 2009, …
Market consolidation: Expedia acquires travel rival Orbitz for $1.6 billion
Expedia Inc. has acquired its travel-focused rival Orbitz Worldwide Inc. for $1.6 billion. The deal will see see Expedia acquire Orbitz at $12.00 per share in cash, a premium of approximately 29 percent over the average share price for the five days up to and …
Bill introduced in Utah could see Bitcoin accepted for transactions with State Government
A bill before the Utah State Legislature could eventually see Bitcoin being available for use in everyday transactions with the State Government. H.C.R. 6: Concurrent Resolution on Payment Options for State Services was drafted by Utah State Rep. Mark K. Roberts (R) and proposes …
Absurdity redefined: music companies claim copyright over audio of a cat purring on YouTube
Can you claim copyright over the audio of a cat purring? EMI Music Publishing Ltd. and music rights management company PRS for Music Ltd. seem to think so, with both claiming via YouTube’s Content-ID system that they own the rights for a one hour long …
Twitter acquires social media talent agency Niche for rumored $30 million
Twitter Inc. has acquired social media talent agency The Niche Project Inc. (Niche). Although the price was not officially disclosed, reports suggest that it was $30 million with possible earn-outs and employment contracts taking the price closer to $60 million. New York and …
Official: Microsoft confirms acquisition of calendar app maker Sunrise
Microsoft has officially confirmed that it has acquired Sunrise Atelier Inc., the maker of the Sunrise calendar application. The acquisition price was not disclosed, but was rumored to be around $100 million when news of the acquisition first surfaced February 5th. Sunrise offers …
Fail: Twitter’s CFO has Twitter account hacked
Twitter Inc. Chief Financial Officer Anthony Noto had his Twitter account hacked Tuesday, possibly highlighting once again the microblogging platforms ongoing security issues. Noto’s account, established in 2009, starting tweeting spam messages at mid-morning PST, with targeted messages at users that included …
US Government to set up dedicated cybersecurity agency to co-ordinate cyber threats
The United States Government is setting up a dedicated cybersecurity agency following a year of high profile hacking attacks in 2014. The new agency, to be called the Cyber Threat and Intelligence Integration Center (CTIIC) falls under the control of the Office …
Google adds curated health information to Knowledge Graph search results
Google has extended its Knowledge Graph into health with the search giant to offer curated medical answers in health search results. The feature works like similar results from Google’s Knowledge Graph in where you ask a question and get an immediate result at …
Kenyan Bitcoin exchange BitPesa raises $1.1 million second round
Kenyan Bitcoin exchange BitPesa has raised a $1.1 million in a second round of funding that was led by Pantera Capital and included Crypto Currency Partners, Stephens Investment Management, Bitcoin Opportunity Corp., and Future/Perfect Ventures. As part of the deal Dan Morehead of …