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Zynga Paid $53.3M for Mobile Gamer Newtoy

San Francisco, Calif. — Zynga ended much speculation when its recent IPO filing disclosed the social gaming firm had paid  $53.3 million for Newtoy,...

E-mail Spam Decreases 82.22 Percent, Opens Doors To New Virus

Mountain View, Calif. — Symantec, a security software manufacturer for computers, released a chart June 29 in their blog that outlined the decrease in...

Facebook Partners with Skype

Palo Alto, Calif. — Facebook announced today during a live press conference on their Facebook Live page that they have partnered with Skype to...

Twitter Gets Analytical with BackType

Twitter announced Tuesday that it had acquired analytics startup BackType, a move that AdWeek said will enable the microblogging company to offer more services...

Gaming Revenue to Exceed $74 Billion in 2011

San Francisco, Calif. — Consumer spending on video game software and hardware is expected to hit $74 billion this year, research group Gartner predicted...

Disney's Iger Says Owners "Committed" To Hulu Sale

Sun Valley, Idaho — Weeks after Hulu’s board began to explore a possible sale, Walt Disney CEO Bob Iger announced at the Allen &...

Apple's App Downloads Surpass 15 Billion

San Jose, Calif. — Apple Corp. announced Thursday that over 15 billion apps have been downloaded from its app store from more than 200...

EBay Bets $240M on Mobile Banking

San Jose, Calif. — EBay Inc. announced Thursday that it has agreed to pay $240 million in cash to acquire Zong, a provider in...

Foursquare Signs Half a Million Merchants, Embraces Android

New York — Foursquare announced on its blog Wednesday that the company has surpassed 500,000 merchant accounts, just two weeks after the company reached...

Sprint May Offer iPhone In The Future, Analyst Predicts

New York — The recent news of Verizon Wireless eliminating its unlimited data plan on Thursday could spark Sprint into joining Apple’s iPhone ranks,...