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Twitter Acquires SMS Infrastructure Firm Cloudhopping

San Francisco - Twitter on Friday announced that it has acquired Cloudhopping, a text messaging infrastructure company, for an undisclosed sum. "Over the last eight months we have...

Foursquare Hits 1 Million Users; Talks With Microsoft, Facebook

New York - Foursquare, the location-based social network, this week surpassed one million users after just over a year in service amid reports the company is...

Alloy Acquires Carnegie Communications

Westford, Mass. - Alloy, a New York-based provider of targeted media and marketing programs, announced today that its Alloy Education division has acquired the operating assets...

News Corp. Buys Stake in Music Start-up Beyond Oblivion

Los Angeles - News Corp. (NYSE: NWS) has acquired a minority stake in Beyond Oblivion, a start-up whose technology helps to pre-load music on various consumer electronics...

MXP4 Nabs $4 Million for Digital Music Marketing, Distribution

Paris - MXP4, a provider of digital music marketing and distribution services, announced on Thursday that it has raised $4 million in a new round of financing,...

XOS Digital Gets New Funding for Sports Content Management

Boston - XOS Digital, a provider of content management and digital media services for collegiate and pro sports organizations, announced on Thursday that it has closed a...

The Trade Desk Lands $2.5 Million for Online Ad Exchange

New York - The Trade Desk, an online ad exchange founded by ex-Microsoft executive Jeff Green, has raised $2.5 million in new financing. Investors included Wider...

Report: Venture-Backed Start-Ups Accelerate Hiring

Arlington, Va. - Venture-backed start-ups accelerated their hiring during the first quarter, according to a new report by the National Venture Capital Association (NVCA) and StartUpHire.com. During...

News Corp. Acquires Social Games Developer Irata Labs

San Francisco - News Corp. (NYSE: NWS) has acquired Irata Labs, a San Francisco-based developer of social games and applications, the Los Angeles Times reports. Financial terms of...

Warner Bros. Acquires Multiplayer Game Developer Turbine

Burbank, Calif. - Time Warner's (NYSE:  TWX) Warner Bros. Home Entertainment Group on Wednesday announced that it has acquired Turbine, the developer of multiplayer online games including...