Voices

Why Tumblr Won’t Move Yahoo’s Needle

When Yahoo Inc. Chief Executive Marissa Mayer announced that the Internet giant would spend $1.1 billion to acquire blogging site Tumblr, she promised not to “screw it up.” Maybe the young chief should have instead emphasized what the six-year-old fledging startup can do for Yahoo.

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Dish Secures $9 Billion in Committed Financing for Sprint Bid

Dish Network Corp. took one step closer to arranging $9 billion in committed financing for its $25.5 billion bid for Sprint Nextel Corp., according to people familiar with the matter.

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Wary of China, U.S. Steps Into Sprint’s Board

SoftBank Corp. is readying a plan to allow the U.S. government an unusual level of influence over the operations of Sprint Nextel Corp., a concession to ease security concerns raised by the proposed cross-border takeover.

News Byte

Next Up for Google X, Airborne Wind Turbines: Google Acquires Makani Power

Google has acquired Makani Power, which makes wind turbines that fly like kites, for its Google X unit, Bloomberg Businessweek reported and Makani confirmed. Google had previously invested directly in the company, which said it “completed the first ever autonomous all-modes flight with our Wing 7 prototype last week.”

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Microsoft Creates “Yammer North” in Redmond to Learn New Software Tricks

Microsoft has been quietly operating a group inside its Redmond, Wash., headquarters called Yammer North in an effort to integrate Yammer into its vast software business, Venture Capital Dispatch has learned.

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Vista Equity Partners to Buy Websense

Buyout firm Vista Equity Partners agreed to pay about $1 billion to acquire Websense Inc., a maker of software and services designed to help protect companies against cyber attacks and data theft.

John Chambers Says Cisco Systems Is “Tough to Beat”

Slow and steady wins the race.
chambers380

News Byte

@WalmartLabs Goes Shopping, Comes Back With Two Startups

@Walmart Labs, the tech arm of the retail giant’s e-commerce unit, announced a pair of acquisitions today. Now on board are OneOps, which brings its platform-as-a-service technology, and social-software outfit Tasty Labs, along with its founders, Mozilla vet Nick Nguyen, del.icio.us creator Joshua Schachter and HousingMaps creator Paul Rademacher.

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Sprint’s Clearwire Bid Gets Mixed Reviews

Proxy-advisory firms offered differing views of Sprint Nextel Corp.’s contested bid to take over Clearwire Corp., raising the uncertainty around the May 21 shareholder vote on the deal.

News Byte

Twitter Buys Scalable Computing Outfit Ubalo

Twitter announced Thursday it had acquired Ubalo, a Palo Alto, Calif.-based startup that aims to “make large-scale computing easier and more accessible to a technical audience,” according to the company’s site. It’s a full talent and technology acquisition. It’s unclear exactly what Twitter will be doing with the company, but the team looks fairly well versed in scaling and infrastructure issues and has dabbled in Twitter topic analysis.

PayPal Picks Up Iron Pearl

Fusion-io Acquires Software Firm ID7