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Social Media Management Firm KnowEm Acquires FriendsCall.Me

Morristown, N.J. - KnowEm, a provider of social media services for businesses, has acquired FriendsCall.Me, a provider of similar services, for an undisclosed sum, TechCrunch reported. FriendsCall.Me was launched...

Social Games Publisher 6 Waves Secures $17.5 Million

Hong Kong - Social games publisher 6 Waves announced on Thursday that it has received a $17.5 million investment from Insight Venture Partners. Hong Kong-based 6 Waves...

Music Discovery, Marketing Site OurStage Gets $2.55 Million

Boston - OurStage, a provider of music discovery and online marketing services for musicians, has raised $2.55 million towards an expected $6 million in second round financing,...

Mobixell Networks Acquires Mobile Internet Firm 724 Solutions

San Jose, Calif. - Mobixell Networks, a provider of mobile multimedia and advertising services, announced on Thursday that it has acquired mobile Internet firm 724 Solutions. Financial terms...

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...