Tag | million
Yahoo has agreed to sell its core business to Verizon for $4.83 billion. As part of the deal, Verizon will acquire Yahoo‘s search, mail, instant messaging services, ad platform, and a few real estate holdings. The move puts Verizon behind Google and Facebook in the U.S. digital ad segment, with a total share of 4.5%
Predixion Software, a predictive analytics startup, has raised $20 million in funding the company released earlier this month.
Earlier this month, Samsung announced that their Galaxy S Android phone line had exceed more than 9 million units globally. In South Korea, they have sold more than 2 million units – making the Galaxy S more popular than the iPhone (only sold 1.8 million units). Analysts are stating that the Galaxy S is the most popular Android line in the world today.
It’s being reported that Twitter has just completed the final round of investor funding, with sources familiar to the situation sharing that the company raised over $200 million on a $3.7 billion valuation. Twitter later confirmed this report. (via AllThingsD)