Wal-Mart Acquires Kosmix

APRIL 18, 2011 • Wal-Mart Stores Inc. acquired Mountain View, Calif.-based social media company Kosmix for an undisclosed sum. Kosmix’s founders and staff will now operate as @WalmartLabs, [...]

Yobongo Raises 1.35 Million

MARCH 24, 2011 • Yobongo Inc. is a new studio based in San Francisco that just released an iPhone app by the same name. The app enables users to chat randomly with others in the same geographic [...]

Nokia and Microsoft Partner

FEB. 10, 2011 • Finland’s Nokia Corp., the world’s largest mobile phone maker, has partnered with Microsoft Corp. to adopt the Windows Phone 7 operating system for all of its future [...]

Visa Buys PlaySpan

FEB. 10, 2011 • Visa Inc. is acquiring the digital goods transaction firm PlaySpan Inc. in Santa Clara, Calif. PlaySpan is being purchased for around $190 million in cash, plus additional [...]