News Byte

Yahoo Snags DreamWorks-Incubated Mobile Video App Ptch

Ptch, a mobile photo and video editing app that was created by a team spun out of DreamWorks, is shutting down so it can become part of Yahoo, the company told users today (co-founder Ed Leonard was already back at DreamWorks). Over the years, Yahoo has bought various video editing startups, including Jumpcut and more recently Qwiki. Ptch closes down Jan. 2.

News Byte

Yahoo Completes $1.25 Billion Offering

In a regulatory filing, Yahoo said that it completed its previously announced offering of $1.25 billion in convertible senior notes due in 2018. The Silicon Valley Internet giant said it would use the net proceeds for a number of corporate purposes, including “acquisitions or other strategic transactions, additional repurchases of common stock and working capital.”

Katie Couric Deal to Become Yahoo’s “Global News Anchor” Set to Be Announced Monday

It looks like the deal that AllThingsD wrote about in August is finally happening.
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News Byte

PasswordBox Buys Legacy Locker

PasswordBox, the password management tool that recently raised funding, has acquired Legacy Locker, a five-year-old service that allows people to store an encrypted page of passwords and important documents to share with loved ones when they die. One interesting part of the deal (terms were not disclosed) is that all info from Legacy Locker accounts will be deleted, as it was deemed unwise to port an encrypted database. Users will have the option to reregister for the service as part of PasswordBox.

News Byte

Yahoo Increases Share Buyback Plan to $5 Billion and Announces Debt Deal

Yahoo’s board, which just met, has increased its share buyback authorization by $5 billion, a move which should keep its already Alibaba-lifted stock in place for the short term. The Silicon Valley Internet giant also said it was doing a $1 billion debt offering of convertible senior notes and that it intends to use the money for things like stock buybacks and possible acquisitions. Yahoo has been aggressively purchasing its own stock under the tenure of CEO Marissa Mayer.

Apple Aiming at PrimeSense Acquisition, but Deal Is Not Yet Done

The expected value of the deal would not be a big jump over where investors had recently valued the company, which was at about $250 million.
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AllThingsD Week in Review: Snapchat’s Many Suitors, and Finding the Fastest 4G LTE Signal

The Top 10 stories that powered AllThingsD this week, in one convenient post.
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Lenovo Eyeballing BlackBerry