Microsoft Acquires Enterprise Social Network Yammer

Wednesday, June 27th, 2012
 
Microsoft announced last Monday that it has officially acquired enterprise social network Yammer to the tune of $1.2 billion. Yammer–including its executives and employees–will become part of Microsoft Office division, led by Kurt DelBene. Team Yammer will continue to report to their current CEO David Sacks. “The acquisition of Yammer underscores our commitment to deliver technology that business
 

YouTube Celebrates 7th Birthday

Tuesday, May 22nd, 2012
 
YouTube has indeed come a long way. From a simple garage where it was developed, YouTube has risen up the Internet echelon to become the premiere social video resource whether for comedy, politics, entertainment, and education. And now YouTube is celebrating its seventh year in existence, the Google-acquired company reports that it now uploads an average of 72 hours of video every minute, while users (both registe
 

Twitter Denies $10B Offer From Google

Tuesday, February 15th, 2011
 
Twitter CEO Dick Costolo shuts down the allegations that search engine giant Google is acquiring the social media startup for US$10 billion, adding that it is “just a rumor.” “People write that stuff all the time. I don’t know where these things come from,” Costolo said during the Mobile World Congress in Barcelona. He, however, did not completely deny the issue. Costolo also added