Tim Cook beats a new path. Apple management are reported to be finalising a deal with Beats Electronics to purchase the entire company for $3bn+ [more inside]
Vizify, the service which turns social data into pretty pictures, have been acquired by Yahoo. According to their announcement, "we just couldn’t say no to the opportunity to bring our vision to the hundreds of millions of people who use Yahoo every day." Vizify, operating out of Portland, was 2 years and 9 months old. [more inside]
In this month's issue of Nature, Haruko Obokata and colleagues have made a breakthrough in the field of stem cell research, where they describe a unique cellular reprogramming phenomenon in which skin and blood cells could be converted into stem cells without the need to physically manipulate the nucleus or over-express reprogramming genes. Rather, the researchers subjected them to stress "almost to the point of death", by exposing them to various events including trauma, low oxygen levels and acidic environments. One of these "stressful" situations was simply to bathe the cells in a weak acid solution for about 30 minutes. Within days, the scientists found the cells had not only survived but had also recovered by naturally reverting into a state similar to that of an embryonic stem cell. The research suggests human cells could in future be reprogrammed by the same technique, offering a simpler way to replace damaged cells or grow new organs for sick and injured people. [more inside]
If you follow the usual crop of technology news sites, you will have read yesterday morning that Google had apparently acquired a little-known WiFi hotspot company for $400 million. This story spread with the help of the most popular (and most reputable) sites, like TechCrunch, Engadget, The Verge, The Next Web, and others. Only one small detail: the story wasn't actually true. [more inside]
Fresh on the heels of Lockheed Martin's delivery of the first production F-35 to the USAF, you might be wondering how much it actually costs. It depends on who you ask. Blackfive takes a crack at it, prompting a rather snippy response from Bill Sweetman over at Ares. Throw in additional commentary and a rebuttal, and head down the rabbit hole into the wonderful world of defense acquisition.
Apple Inc. is making a version of its iPhone that Verizon Wireless will sell early next year, according to people familiar with the matter, ending an exclusive deal with AT&T and sharpening the competition with Google Inc.-based phones. [more inside]
MoMA has acquired the @ symbol into its collection, and provides a short history on @ to accompany the announcement. [more inside]
Oracle to acquire Sun for $7.4 billion. This gives Oracle, among other things, Solaris, MySQL, Java and OpenOffice, and means that Oracle is now a hardware manufacturer rather than a reseller. [more inside]
...The rumors are true. Yahoo has made a definitive agreement to acquire Flickr & Ludicorp. What does this mean? Well, Flickr will continue to be a seperate entity, but Yahoo! Photos will be getting those shiny Flickr geegaws. AND "Pro account holders will get super mega bonuses, to be announced soon." (i can't wait!) The Flickr community's reactions seem positive.
Introducing Monday? Apparently not. PricewaterhouseCoopers Consulting, whose grand plan to change their company name to Monday were previously discussed, came to their senses and sold themselves to IBM. Goodbye new "identity". Goodbye IPO as well. They were planning on spending $110 million to promote the new name -- wonder how much of that went down the toilet?
HP shareholders vote to acquire Compaq... or not? Stop me if you've heard this one before: One side has already declared victory while the other won't concede defeat until all the votes are counted. The margin appears to be less than one half of one percent, and a manual count is in the works.