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Twitter Acquires Tweetie iPhone Application Developer Atebits

San Francisco - Twitter announced on Friday that it is acquiring Atebits, the developer of Tweetie, an iPhone application for Twitter. Financial terms of the deal were...

Content Delivery Network EdgeCast Lands $10 Million

Santa Monica, Calif. - EdgeCast Networks, a provider of content delivery network services, announced on Monday that it has raised $10 million in its third round of...

BlackBerry Maker RIM Acquires In-Car Systems Firm QNX

Waterloo, Canada - BlackBerry maker Research in Motion (NASD: RIMM) announced on Friday that it has acquired QNX Software Systems from Harman International. Financial terms of the deal were...

Nokia Acquires Geographic Intelligence Firm MetaCarta

Espoo, Finland - Nokia (NYSE: NOK) announced on Friday that is has acquired MetaCarta, a developer of geosearch and geotagging technology. Financial terms of the transaction were not...

Kontangent Raises $1.25 Million for Social Media Analytics

San Francisco - Kontangent, the provider of a social media analytics platform, announced on Friday that it has raised $1.25 million in funding. The company received...

Exponent Acquires Gorkana Public Relations Database

New York - Gorkana, the provider of a public relations database covering 130,000 journalists, has been acquired by private equity firm Exponent, the Telegraph reported. The purchase price...

MusicMatic Buys Stake in Jamendo Music Service

Luxembourg - European music broadcasting and technology firm MusicMatic has purchased Mangrove Capital Partners' stake in Jamendo, a provider of free song downloads licensed by artists that...

WSJ: Antitrust Regulators May Challenge Google's AdMob Deal

Washington - Antitrust regulators at the Federal Trade Commission (FTC) "appear to be laying the groundwork" for a challenge to Google's (NASD:  GOOG) proposed acquisition of...

AOL to Sell or Shutter Bebo Social Network

New York - Two years after paying $850 million for the social network, AOL (NYSE:  AOL) said that it now plans to either sell or shut...

Report: Veoh Networks Sells Off Remaining Assets

San Diego - Veoh Networks, an online video service that raised $67.5 million in venture capital financing, has sold off its remaining assets to Los Angeles-based...