For the past couple of days there have been reports of a potential Tumblr acquisition by Yahoo. Citing sources with close knowledge of the deal, AllThingsD is now reporting that Yahoo’s board of directors has approved a $1.1 billion acquisition of the blogging platform. (more…)Google+

Ever since Marissa Mayer was appointed as the new CEO for Yahoo! back in July, the company has been steadily acquiring smaller companies and also revamping its website and email clients. After acquiring Snip.It in January, Yahoo! today announced that it had acquired another startup company called Summly. (more…)Google+

Research In Motion is currently weighing every single option it can think of in an effort to reverse a negative trend that is approaching a boiling point for investors. Reports that RIM is currently in talks to license its software to other vendors are accurate according to our trusted sources, though we have been told that RIM is most likely leaning toward an outright sale of one or more divisions, or even the whole company. The front runner, we have been told by a trusted source with knowledge of the situ...

Samsung will purchase Sony’s 50% share of S-LCD, a joint venture created by both companies in 2004, for $939.6 million. Both companies will continue to cooperate on the development of new LCD panel technology, however, and Sony says it hopes to “secure a flexible and steady supply” of LCD panels from Samsung moving forward. “With whole ownership of S-LCD, Samsung anticipates heightened flexibility, speed and efficiency in both panel production and business operations,” Samsung sa...

Nuance announced on Tuesday that it plans to acquire Vlingo, a voice-to-text and voice recognition technology firm that was once the subject of a Nuance lawsuit. Nuance senior manager Mike Thompson said the decision was made after his company realized there’s a $5 billion market opportunity as demand increases for voice engine products such as Apple’s Siri voice engine, which is powered in part by Nuance technology. “Inspired by the introduction of services such as Apple’s Siri and our own Dr...

Apple has reportedly completed its acquisition of Israel-based flash memory firm Anobit in a deal worth up to $500 million. Hebrew-language financial newspaper Calcalist on Tuesday claimed that a deal had been reached after reporting earlier this month that Apple was in late-stage talks to buy the fabless chip maker. Apple has not confirmed the acquisition. Anobit’s website says its proprietary technology “significantly improves endurance, performance and cost of flash storage products and systems,&#...

Rumors again surfaced on Wednesday suggesting that Nokia plans to sell its smartphone business to Microsoft. Danske Bank, Denmark’s largest bank, issued a report to clients Wednesday morning that said Nokia will sell its smartphone division to Microsoft during the first half of 2012. Danske raised its rating on Nokia stock to Buy from Hold, and shares rose more than 3% on the news. Similar rumors first surfaced in May when an industry insider said Nokia and Microsoft were about to enter negotiationsÂ...

Broadcom announced on Monday that it will acquire NetLogic Microsystems for $3.7 billion and current NetLogic shareholders will receive $50 per share owned. “This transaction delivers on all fronts for Broadcom’s shareholders — strategic fit, leading-edge technology and significant financial update,” Broadcom president and CEO Scott McGregor, said. “With NetLogic Microsystems, Broadcom is acquiring a leading multi-core embedded processor solution, market leading knowledge-based proce...

Following recent rumblings surrounding discontent atop Yahoo’s executive chain, the struggling Internet company fired its CEO Carol Bartz. In the same stroke, Yahoo! also revealed that it is for sale. News broke Tuesday night that former chief executive Carol Bartz sent an email to the entire Yahoo organization. In her brief note, she stated that Yahoo’s chairman of the board had fired her — over the phone, no less. Yahoo confirmed the news, stating that Chief Financial Officer Tim Morse would...

Following rumors that Samsung was considering a purchase of Hewlett-Packard’s PC business — rumors that Samsung would later deny — DigiTimes is having another go at this potential unholy union. This time around, however, the site claims Samsung is eying HP’s webOS platform instead of its PC business. DigiTimes on Monday reported that Samsung has hired HP’s ex-vice president of PSG marketing Raymond Wah to head up Samsung’s PC business. The report goes on to claim that Samsung is al...

While Michael Dell laughs it up on Twitter, a new report suggests that Samsung could be preparing to purchase Hewlett-Packard’s PC business, which the company revealed it may soon spin off. According to a new report from DigiTimes, Samsung may be eyeing a purchase of HP’s PC division, which would catapult the South Korea-based electronics giant past Dell and into the No. 1 PC vendor spot globally. The report states that Samsung is currently meeting with various leading manufacturers including Qu...

Woh. HP on Thursday announced that it is putting an abrupt end to its efforts with webOS. The company says it will “discontinue operations for webOS devices, specifically the TouchPad and webOS phones. HP will continue to explore options to optimize the value of webOS software going forward.” The news comes just ahead of the company’s third-quarter earnings report. HP also confirmed that it may spin off its PC business and that it is currently in talks with Autonomy regarding “a possib...