Twitter acquires TweetDeck for $40 million

By on May 24, 2011 at 11:59 PM.

Twitter acquires TweetDeck for $40 million

Earlier this month we heard reports from TechCrunch that TweetDeck had been acquired by Twitter for $50 million. CNN now says that Twitter has finalized its purchase of TweetDeck in a $40 million cash and stock deal, and that the paperwork was signed on Monday. Neither Twitter nor TweetDeck have confirmed the purchase, and Twitter’s PR team tweeted: “For all those who might be curious, we continue to not comment on rumors.” More →

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Twitter acquires TweetDeck for $50 million

By on May 2, 2011 at 6:20 PM.

Twitter acquires TweetDeck for $50 million

According to source speaking to TechCrunch, Twitter purchased the popular third-party client TweetDeck for between $40 and $50 million on Monday. The Wall Street Journal originally reported that Twitter was in “advanced talks” to purchase TweetDeck – a 15 person company – back in April. Sources speaking to TechCrunch said that Twitter made the purchase in an effort to stop Uber Media, another third party company with a handful of Twitter applications across multiple platforms, from buying TweetDeck first. Neither company has officially announced the acquisition, yet. More →

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Optimism: firm predicts 45 million iPads sold in 2011

By on April 15, 2011 at 6:00 AM.

Optimism: firm predicts 45 million iPads sold in 2011

The proverbial — and literal — stock of Apple, Inc. is sky high at the moment, which could be clouding the better judgement of some analysts. And this next prediction may fall into that category: 45 million iPads to be sold in 2011. The prognostication comes courtesy of intel acquired by Ticonderoga Securities from various component suppliers in China and Taiwan. “During our visit to Asia last fall, we indicated that our checks were pointing to expectations for up to 45 million iPad unit sales by Apple,” writes Brian White, an analyst with Ticonderoga. “At the time, this number was difficult for many investors and some in the media to get their heads around. However, this week’s meetings are again pointing to expectations for iPad unit sales of 40 million to 45 million units in CY11, well above our estimate of 30.9 million.” Digital Daily‘s John Paczkowski writes that the estimates do seem “a tad optimistic,” and notes that we should have a better gauge on 2011 iPad sales next week when the company reports its second-quarter earnings.

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