Gifts.com, a site providing gift ideas and owned by IAC announced the acquisition of GiveFun.com, an online gift certificate provider.
Google acquired Jaiku.com for an undisclosed amount. Jaiku is a micro-blogging websites that has been a part of the recent Web 2.0 revolution. Jaiku’s site is an activity stream and presence sharing service that works from the Web and mobile phones.
MSNBC.com acquires Newsvine. Newsvine is a site that pioneered the social media and participatory news space. Offerings include contributor columns, user profiles, group commenting and conversation tracking.
Discovery Communications, parent company of the Discovery Channel, acquired the “green blog” TreeHugger.com for a reported $10 million. The site reaches approximately 1.7 million uniques a month and is ranked around 7000 by Alexa. The site has about a dozen staffers and it’s content is contributed by over 40 writers around the world.
Disney acquires Club Penguin, in a deal that could total $700 million. Disney said it would pay $350 million for Club Penguin, a virtual community that has soared in popularity since its founding in late 2005. More than 700,000 users now pay $5.95 a month to customize penguin characters and then chat and play games with other “penguins.”… Read More »
R.H. Donnelley Corporation, a leading Yellow Pages and online local commercial search company, announced that it has signed a definitive agreement to acquire Business.com, a business search engine and directory and pay-per-click advertising network. Under the terms of the agreement, Business.com would be acquired for $345 million in cash and deferred purchase consideration. The deal is expected to… Read More »