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NewsGator Acquires Social Computing Firm Tomoye

Denver - NewsGator Technologies, a provider of news content aggregation services, announced on Thursday that it will acquire Tomoye, a developer of social computing technologies. Financial terms of...

Indian Social Network SMS GupShup Raises $12 Million

Cupertino, Calif. - SMS GupShup, an India-based social network, said on Wednesday that it has raised $12 million in a new round of funding, led by Globespan...

Opera Buys Mobile Ad Firm AdMarvel

Oslo, Norway - Opera Software, the Norway-based developer of Web and mobile browser technology, announced on Wednesday that it has acquired AdMarvel, the provider of a...

ESPN Acquires Virtual Ad Insertion Firm Vistas Unlimited

Bristol, Conn. - Disney's (NYSE: DIS) ESPN has acquired Vistas Unlimited, a developer of virtual ad and graphics insertion technology for live sports broadcasts, Broadcasting & Cable reported. Financial...

Virtual Currency Platform gWallet Launches Venture Fund

San Francisco - gWallet, a virtual currency platform for social media developers, is launching a new venture fund, gWallet Ventures, that will invest in social gaming companies,...

Consumer Group: 25K Ask DOJ to Block Ticketmaster-Live Nation

Washington - A consumer advocacy group called TicketDisaster.org announced on Tuesday that nearly 25,000 consumers have directly contacted the U.S. Justice Departent, to urge the antitrust...

Image Space Media Secures $2.9 Million for "In-Picture" Ads

New York - Image Space Media, a provider of "in-picture" online advertising that displays an overlay ad when a user mouses over an online image, has...

Time Inc. Buys StyleFeeder Shopping Engine for InStyle.com

New York - Time Warner's (NYSE:  TWX) Time Inc. announced on Tuesday that it has acquired personal shopping engine StyleFeeder, which will be incorporated into its...

Sway Raises $1.2 Million for Shoutlet Social Media Platform

Madison, Wisc. - Sway, the developer of a social media content distribution and communications platform called Shoutlet, announced on Tuesday that it has closed a $2...

Mobile Payments Firm Boku Lands $25 Million

San Francisco - Boku, a provider of mobile payments technology, announced on Tuesday that it has raised $25 million in its third round of funding, led...