Voices

Foursquare Joins the Coupon Craze

Foursquare doesn’t want to be another popular — but unprofitable — social network. Its new plan to make money? Personalized coupons.

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The Race: Build the Instagram of Video

Facebook Inc.’s $1 billion acquisition of photo-sharing start-up Instagram has shifted the spotlight to the newest phenomena in mobile apps: uploading personal videos from smartphones.

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In Facebook Deal, Board Was All but Out of Picture

On the morning of Sunday, April 8, Facebook Inc.’s youthful chief executive, Mark Zuckerberg, alerted his board of directors that he intended to buy Instagram, the hot photo-sharing service.

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Riches in Mobile Ads, Just No Profits

Facebook Inc.’s deal for photo-sharing service Instagram and the IPO of advertising network Millennial Media Inc. prove that the smartphone boom can produce billion-dollar valuations for makers of mobile software and services.

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Instagram Close to Raising New Funds

Instagram is poised to raise a new round of financing that will value the popular photo-sharing application at as much as $500 million, people familiar with the matter said, despite some skepticism that the fast-growing company will find a way to make money.

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Phone Deals Dial Up Coverage Problems

AT&T Inc.’s hopes of salvaging its $39 billion acquisition of T-Mobile USA and heading off a long court battle now rest with its ability to come up with a package of divestitures that might convince the Justice Department to drop its objections to the merger.

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IBM Tops Microsoft in Market Value

International Business Machines Inc. topped rival Microsoft Corp. in market valuation for the first time since 1996, the latest sign of the technology industry’s shift in emphasis away from the personal computer.

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Icahn Prods Motorola to Explore Patent Sale

Carl Icahn lit a fire under shares of Motorola Mobility Holdings Inc. and opened up a potential battle with the company’s board, as the activist investor said he has urged the firm to explore options for its patent portfolio, in the wake of the $4.5 billion deal for Nortel Networks Corp.’s patents.

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Hedge-Fund Investors Scout Out Web Firms

Spurred by their appetite for technology companies and seeking higher returns, a growing number of hedge-fund managers have started to invest more in private Internet companies.

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Apple to GetJar: Drop App Store

In Apple Inc.’s latest effort to control its U.S. trademark for the term “App Store,” a law firm representing the company sent a cease-and-desist letter to wireless-application store operator GetJar.