862 posts and columns on acquisition
News Byteannounced on Thursday morning that it had officially closed its acquisition of Tumblr, the massive blogging network with more than 110 million registered users. Yahoo reiterated that Tumblr will continue to operate as a separate, standalone business led by current CEO David Karp.
News Byteannounced on Monday it acquired Lucky Sort, a startup focused on making “huge document sets easier to analyze, summarize and visualize.” Three team members from the startup will join Twitter’s revenue engineering department in San Francisco, and the company will slowly transition users off of its system before Twitter shutters the startup’s existing products.
News Bytecompany announced on Friday. The staff will join Yahoo’s mobile team to work on unspecified projects — though Loki’s specialty seemed to be in location-based mobile products. Terms of the deal were not disclosed.
News Byteacknowledged that it had acquired We Are Hunted, a startup aimed at tracking the most popular songs on the social network at a given time. As we wrote previously, the team has been working on a yet-to-debut standalone Twitter Music app, which helps Twitter users find the most popular music recommendations across the company’s 200-million-user network. CNET first reported the acquisition news.