News Byte

Wal-Mart Acquires Social Ad Targeting Start-Up OneRiot

OneRiot, which targets mobile advertising based on social data, has been bought by Wal-Mart, or more specifically @WalmartLabs, the Silicon Valley unit founded out of the acquisition of Kosmix. OneRiot will contribute to @WalmartLab’s “Social Genome,” which targets products to customers. OneRiot had been through many iterations, starting as a social browsing plug-in called Medium, and had raised nearly $30 million (most of it way back in 2007) from investors including Commonwealth Capital Ventures, Spark Capital, Appian Ventures, Brad Feld and Elon Musk.

News Byte

CBS Signs On for Netflix Latin America Trip

Another CBS Web video deal: The broadcaster will provide some of its old shows to Netflix streaming customers in Canada and soon in Latin America. The announcement is very similar to the one the two companies announced last February, which brought old shows like “Star Trek” and “Medium” to U.S. Netflix Web streaming subscribers. Which means it’s also quite similar to the one announced last week, which brought old CBS shows to Amazon streaming customers.

Amazon Pulls a Netflix, Adds (Old) CBS Shows

Just about a carbon copy of a deal the network struck with Netflix earlier this year: Old shows like “Medium,” and really old shows like “Cheers,” but nothing that’s on TV now.
norm26cliff380

Dell: Who You Gonna Buy?

Bernstein Research analyst Toni Sacconaghi has a few ideas about what Dell should do with the nearly $11 billion in cash reserves it’s sitting on and they don’t include buying Palm. Sacconaghi believes that Dell isn’t interested in a “transformational” acquisition, though its interest in the handset market might suggest otherwise. Rather, the company is mulling the acquisition of small- to medium-sized enterprise-related companies.
dellguy1-150x150