Google Inc. Chairman Eric Schmidt has stated that its purchase of mobile company Motorola Mobility Holdings Inc. in August was for more than just its patents. Rather, the aim of the search engine giant, that bought the company for $12.5 billion, was to acquire Motorola’s product line. “Motorola has some […]
With all the fuss over Groupon’s dubious IPO, there has not been much other news in the public eye in the group buying industry. In South Africa, things have been growing steadily and the arena is going to arch a peak this year and Adam Smith’s little invisible economic hand […]
Group buying is taking off in SA in a big way – the number of group buying websites are still growing every day, and if your site has its foothold already, with all the deals in place, its clearly worth a lot.
If you‘re a South African blogger, then chances are you‘re familiar with the ups and downs that blog aggregator Amatomu has experienced over the past couple of years. Once the darling of the SA blogging community, Amatomu began to show signs of strain after its original creators, Matthew Buckland and […]
This just in – Internet marketer and entrepreneur Randolf Jorberg just blogged the news that eTRAVELi has acquired Cape Town based Travelstart’s Nordic operations ““ this adds just another success story to serial entrepreneur Stephan Ekberghs list of achievements. Travelstart is a South African company and generated sales of approximately […]
MSNBC, the joint venture between Microsoft and NBC, has acquired the Chicago based hyper-local information site EveryBlock in a several million dollar deal. The two year-old experiment in hyper-local news is available in 15 cities (New York, San Francisco, and Seattle to name a few) deeply covers local communities with […]
Google has acquired On2 Technologies in a stock for stock transaction which will see each outstanding share of On2 common stock being converted into $0.60 worth of Google class A common stock. The overall acquisition cost for Google is $106 million and Google has taken this step to thoroughly use […]
Naspers, the largest media company in Africa and owner of popular South African portal 24.com, is offering USD 19.3-million for 100% of the Polish Internet portal Bankier.pl. Bankier.pl offers financial news, market analysis and comparison-shopping information of financial products. According to Corporate Information, Bankier.pl derives its profits mostly from on-line […]