Kara Swisher in News on January 26 at 7:56 am PT
The beat goes on … and on … and on.
Kara Swisher in Media on July 5, 2011 at 12:05 pm PT
Here’s a handy helper for those following the fate of the Hulu premium online video service, whose noisy efforts to sell itself have gotten a lot of attention of late:
“In preliminary talks” = “hawking itself to one of a half dozen big moneybag tech companies who will visit with Hulu’s bankers and management to see its presentation at Morgan Stanley’s office in Century City in Los Angeles.”
Kara Swisher in News on April 4, 2011 at 6:21 am PT
While no one inside or outside Myspace owner News Corp. expects fireworks and giant piles of money, the tire-kicking for the long-troubled social-networking-turned-entertainment site actually starts Wednesday.
That’s when about a dozen interested parties will finally get a walk-through of the books and more by management and the serious talks begin.
But, said several sources, despite a variety of reports of various interested buyers, no deal is imminent with any one of them.
Kara Swisher in News on March 16, 2011 at 12:02 am PT
Flixster–the popular social movie site whose brands include the Rotten Tomatoes premium reviews site, as well as BuddyTV–is in early acquisition talks with several suitors, including Yahoo, said sources close to the situation.
The price being discussed for the San Francisco-based start-up is between $60 million and $90 million, said several sources, in talks that are “substantive.”
News Byte
Voices in News on February 7, 2011 at 10:32 am PT
Google has
begun preliminary talks with European Union regulators in an effort to resolve an antitrust investigation that began in November, according to a source cited by Reuters today. The probe was launched after competitors charged that Google was using its dominant position in search to favor its own services in its result rankings.
Kara Swisher in News on November 19, 2010 at 12:38 am PT
According to multiple sources close to the situation, Google is in discussions with local deals powerhouse Groupon about buying it.
Without making the requisite joke about the deal of the day, sources said the price being considered is certainly no discount–well above the $2 billion to $3 billion that Yahoo offered Groupon in acquisition talks that took place earlier this year.
But sources cautioned that the talks are not complete, and could also end up without any result, as the Yahoo discussions did.
Kara Swisher in News on September 16, 2010 at 1:45 am PT
After what started out as one of Web 2.0′s most frothy deals and soon became a contentious relationship, several sources said that Google and MySpace are moving close to signing a new agreement, in which the search giant would remain the provider of search and online advertising technology for the social networking site.
But, said sources, this deal is a lot different from the one signed four years back, when the News Corp. unit was flying high and Google forked over $900 million in guaranteed payments to stave off a competitive effort from Microsoft.
Kara Swisher in News on June 29, 2010 at 2:45 pm PT
After a very long and decidedly strange funding journey, Foursquare has finally officially landed a new round of $20 million in venture funding, with Silicon Valley’s Andreessen Horowitz leading the new investment.
BoomTown reported last week that the new deal was in the bag, which puts Foursquare at $95 million pre-money valuation.
Interestingly, it is only the New York-based social location start-up’s second round, and includes it current investors.
