First, the short version: The Pirate Bay has been acquired by Global Gaming Factory X AB for $7.7 million. Now the even shorter version: WTF?! We don’t know where to start with this one. The ridiculously low acquisition price? The…
A funny thing happened on the way to acquisition. The two largest carriers in the US, Verizon Wireless and AT&T, have commanded and conquered some smaller carriers and are now seemingly sharing the spoils. As already reported, AT&T announced on…
Midway, maker of everyone’s favorite cute and cuddly franchise Mortal Kombat, has not had a smooth run of late. To recap Midway’s recent plight in one sentence: In December, Sumner Redstone sold his 87 percent stake in Midway for all…
Recession be damned — it looks like Oracle will still manage to scrounge up enough cash to take Sun Microsystems off the table. Early last month IBM withdrew its $7.5 billion acquisition offer and as most people presumed, Sun was…
Everyone’s favorite star-crossed lovers — the likes of which haven’t been seen since General Hospital — may be coming back to the bargaining table, yet again, in an effort to unite two of the Internet’s biggest powerhouses. Yep, speculation is…
Verizon Wireless announced on Friday that it has completed its acquisition of Alltel. Verizon paid $5.9 billion for the equity of Alltel and assumed all of Alltel’s approximately $22.2 billion in debt. Verizon will gain an additional 12.9 million customers,…
In what has been completely overshadowed by the announcement of the upcoming Nokia N97, Nokia announced today that it has completed its offer to acquire Symbian Limited. For those who don’t recall, Nokia announced back in June that it would…
As much sense as it would make for Microsoft and Yahoo to come back to the table now that Jerry Yang is out of the way, yesterday’s rush of news may have been a bit premature – if not simply…
After Jerry Yang did a 180 and nearly begged Microsoft to buy Yahoo, the rumor mills have been churning with commentary on the decline of Yahoo and speculation about what a potential Microsoft acquisition would involve. Steve Ballmer, while at…
It’s decided – Yahoo CEO Jerry Yang is schizophrenic.
To this day, I have to say that the best thing for Microsoft to do is to buy Yahoo. I don’t think that is a bad idea at all – at…
In a 5-0 vote, the FCC approved the $28 billion purchase of Alltel by Verizon Wireless. The approval requires Verizon Wireless to end operations in five other small markets neighboring those already required by the Justice Department. It also requires…
Thanks to a deal that has been quite a while in the making, AT&T is now on the verge is getting booted from its position as the nations largest wireless carrier. The Department of Justice approved on Thursday the $28 billion…
So much for that. According to MTV’s Multiplayer blog, this morning’s rumors regarding Google’s intentions to acquire video game company Valve are a “complete fabrication” according to a representative of Valve. Multiplayer sources Valve’s PR guy, Doug Lombardi, who reveals…
