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News Byte

Yahoo Scoops Up Another Small Startup: Gaming Platform PlayerScale

Kara Swisher in Media on May 23 at 7:58 am PT

Yahoo said it had bought PlayerScale, a small gaming infrastructure startup for cross-platform gaming. Yahoo has been on a bit of a tear in buying up small companies for low prices, to strengthen its talent and expertise in a wide variety of arenas, including mobile, productivity and gaming. Terms of the deal were not disclosed, but PlayerScale said on its blog that it would “continue to support our existing product,” which is Player.IO.

News Byte

Silver Lake Finally Announces New $10.3 Billion Tech-Focused Fund

Kara Swisher in News on April 18 at 12:42 pm PT

Silver Lakes Partners, the high-profile private equity which has been a big player in the tech space, has finally closed a new $10.3 billion large-cap technology investment fund. The firm said its Silver Lake Partners IV Fund was oversubscribed, surpassing a $7.5 billion target. Silver Lake now manages over $23 billion and is involved in a range of digital deals — most prominently of late, in the private takeover of Dell Computer.

News Byte

Mango Health App That Games Taking Meds Launches With Target Partnership

Kara Swisher in Mobile on April 2 at 5:30 am PT

San Francisco-based Mango Health — a new mobile app aimed at allowing people to manage their personal health by tracking medications and nutritional supplements they take — is launching after a 16-week pilot program and a strategic deal with retail giant Target. The app rewards users with gift cards or allows them to make charitable donations for correctly following their medical regimens by using game design principles. Consumers can also check for interactions between medications, supplements and foods, and get dosage reminders. Mango has raised $3.1 million in seed funding from venture firms First Round Capital, Floodgate and Baseline Ventures, as well as angel investors Mark Pincus and Keith Rabois.