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July 23 2011


Google+ acquires Y-Combinator social groups startup Fridge

Business Insider :: Social group startup Fridge currently has 40,000 monthly uniques. More than 20,000 groups have been formed, where users can share videos, instant messages, pictures, polls and events with close friends, but they were shutting down the product. Why? - As Austin Chang, Fridge's founder told Business Insider, it has been acquired by Google+.

"Right now, Google+ is asymmetric," says Chang. "We're going to help them create shared spaces."

Continue to read Alyson Shontell, www.businessinsider.com

June 14 2011


Is Google's $400 million bet on Admeld a risky decision?

Business Insider :: On Friday, Business Insider received a note from a senior ad industry source warning that Google's decision to pay approximately $400 million for Admeld, an ad optimization company, will be more trouble than its worth. BI decided to do a little more digging on the subject, and ultimately it looks like the deal comes with some risks but it's not significantly worse than any other fairly big acquisition a company is going to make.

Continue to read Jay Yarow, www.businessinsider.com

May 26 2011


Dick Costolo, Iain Dodsworth: "TweetDeck has been acquired by Twitter"

Mashable :: After months of rumors, Twitter has finally announced that it has acquired TweetDeck, one of the most widely used third-party Twitter applications. Dick Costolo, Twitter's CEO and TweetDeck CEO Iain Dodsworth made it clear that TweetDeck development will continue and that it will remain largely independent.

[Iain Dodsworth, Tweetdeck:] Change may well be inevitable, but we remain the same team, staying in London, with the same focus and products, and now with the support and resources to allow us to grow and take on even bigger challenges.

Continue to read Ben Parr, mashable.com

Continue to read Iain Dodsworth, blog.tweetdeck.com

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