The Internet giant purchased the startup -- and, perhaps as importantly, its personnel -- from DreamWorks Animation in CEO Marissa Mayer's latest 'acquire-hire' move.
By Jim Probasco
Mayer has made a number of such "acquire-hire" moves since she took over leadership at Yahoo. Her goal has been beef up the company with personnel who can help Yahoo compete with companies like Google (GOOG) and Facebook (FB) -- especially in mobile.
Ptch is described as a mobile video app, launched about a year ago, that lets users remix videos and pictures into clips or montages. The clips can be shared with others -- who can then add their own photos and clips. DreamWorks CTO Ed Leonard led the team that created Ptch.
The iPhone maker may not have made any blockbuster deals, but it has been quietly scooping up startups throughout the year that could help improve its products.
By Tim Parker
Here's a brief rundown of each:
WiFiSLAM (March 23)
The Wall Street Journal reported that Apple purchased WiFiSLAM for $20 million. The small startup developed technology that allows mobile apps to pinpoint a person's location based on a Wi-Fi signal. The most notable use is in retail stores where deals and other information are pushed to a person's mobile device based on where they are in the store.
Locationary (July 19)
Apple purchased this Canadian startup in July for an undisclosed amount, likely in an effort to shore up some of the shortcomings of its mapping app. Think of Locationary as the Wikipedia of mapping apps. It uses crowdsourcing as a way to provide real-time information while working with maps.
CEO Jeff Bezos unveiled plans for Amazon Prime Air, a service that would offer automated airborne delivery to your doorstep in less than 30 minutes.
By Chris Ciaccia
In what is an attempt to disrupt the businesses of UPS (UPS) and FedEx (FDX), Amazon CEO Jeff Bezos unveiled Amazon Prime Air on CBS' (CBS) "60 Minutes" Sunday -- a new drone delivery service Amazon hopes will allow it to get packages into the hands of customers in 30 minutes or less.
"I know this looks like science fiction," Bezos said during the interview, while unveiling the automated delivery drones. "It's not."
The normally secretive Amazon unveiled the drones to interviewer Charlie Rose, who promptly responded with "Oh my God!" when seeing the technology at work.
How the Internet is helping to sell cars through social collaboration.
It's kind of like a bridal registry for cars and car parts – and it's not just for car enthusiasts, but a growing business tool and social media device that helps would-be drivers into a new set of wheels.
The New York Times has a lengthy report on the rise of a new line of Internet shopping tools where mostly younger car buyers – along with their friends and family – can work together online, in real-time, to make a down payment, choose car details and make other decisions that ultimately end up with them picking up their new ride at a car dealership.
The report highlights a new venture by Toyota (TM) and Google (GOOG), called the Toyota Collaborator. Using the Google+ Hangout feature, the Collaborator lets people get together to not only help customers customize their vehicles, but also take it out on a virtual test drive.
Not looking to take part in a strip-mall stampede? Stay out of the fray and try the world's largest online retailer for bargains.
No one dives deeper into Black Friday than Amazon (AMZN).
The online retail giant is currently hosting a massive Black Friday Deals Week, a period when the company promises to add new deals as frequently as every 10 minutes.
There are so many ways to save that one consumer is unlikely to cash in on every sale. This is why the retailer has a "Missed Deals" section on its Black Friday page -- to show consumers all the ways they failed to save.
As of this writing, Amazon is offering a plethora of older PlayStation 3, Xbox 360, Wii U and Nintendo 3DS games at 30 percent (or more) off.
Copyright © 2013 Microsoft. All rights reserved.
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[BRIEFING.COM] The S&P 500 shed 0.1%, registering its fourth consecutive decline. Today's session proved to be a bit of a roller coaster ride for stocks as the S&P 500 opened in the red, rallied into positive territory, fell to fresh lows, and regained the bulk of its losses into the close.
For the second day in a row, the early weakness coincided with heavy selling in Europe. In addition, bonds and risk assets were pressured by a better-than-expected ADP Employment report, which ... More
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