Sunday, March 20, 2011

Facebook Buys "Apps for Feature Phones" Firm

Snaptu, which develops mobile applications that can be run on feature phones, is being acquired by Facebook. Snaptu had launched a Facebook mobile app in early 2011. Snaptu provides a solution for developing, deploying and maintaining online services, particularly on mobile phones. Aside from acquiring talented personnel, the deal gives Facebook more control over the ways its features and apps can be used by people who are using feature phones, not smart phones.

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Directv-Dish Merger Fails

Directv’’s termination of its deal to merge with EchoStar, apparently because EchoStar bondholders did not approve, means EchoStar continue...