• Walmart set to take on Angry Birds? Not just yet but soon

    Wal-Mart has been taking over the world for a while. It seems the next step for them is the iOS marketplace. There acquisition of an iOS development company named Small Society is a big first step in that direction. Small Society has worked on apps for various companies but notably Starbucks, ZipCar, and Whole Foods.…

  • Who didn’t see that coming? AT&T swallows $4 Billion dollar pill, ends bid for T-Mobile.

    Who didn’t see that coming? AT&T swallows $4 Billion dollar pill, ends bid for T-Mobile.

    AT&T has ended its $39 billion bid to acquire T-Mobile USA from Deutsche Telecom. There was very strong opposition from the Department of Justice, Sprint and other companies which rightly said that such a merger would have a negative impact on the U.S. wireless market. The DOJ saw through the ads and smoke about the…

  • SecondMarket making more money

    For companies that are not yet ready to go public, SecondMarket has become the best place to raise capital. This is the only place where you can buy Facebook stock the Holy Grail of IPOs. The recent series C investment raises its valuation to $200 million, according to the Wall Street Journal. The founder of…