Saturday, 22 January 2011

Weekly Report (17-22 Jan 2011)

From the Google space we got to hear this week that co-founder Larry Page will be replacing Eric Schmidt as CEO of Google on April 4. Eric is going to be advisor to Larry and Sergey as well as focus on external affairs.Big change queued up. The Social Network movie has won four Golden Globe awards. Wish them luck for Oscars!

Lets talk about the mergers and acquisitions of this week. Amazon acquires LOVEFiLM, which provides online video rental and on-demand video streaming over internet of movies in UK, Germany and Scandinavia. Adobe buys Demdex, the behavioral data management platform. It fetches demographic information about the customers' consuming behavior and makes inferences about it. RightNow gets stronger in customer experience by acquiring Q-go. Appcelerator buys Aptana which provides Eclipse-based web development suite. This strengthens Appcelerator's open source product Titanium development framework for mobile.

Google Venture invests in LawPivot, which is a legal advice type of Quora especially for startups. Qualcomm invests heavily in ChaCha- a web and mobile Q & A website. Kabam, a social games company may plan expansion/acquisition with new funds. Scribd raises a few million with the aim of bringing social reading to every device.

Have a look at what new has come on product releases front. Facebook recently announced the launch of a new application for feature phones that was developed in conjunction with Snaptu, a world of free apps on any phones. Mobile photo sharing app PicPlz gets polished up for Android and begins accepting beta version of API applications.

Did we get to hear any future plans this week? Google Voice will be providing number porting at mere $20. Once this takes off you don't have to change your phone number. We also got to hear that Google is going to launch a Groupon clone Google Offers. Zynga which has numerous games prepares for launching new loyalty program RewardVille. Wow, earning rewards for playing games!

Huffington Post continues with its popularity this week too in Chrome Webstore. -Breaking News and Opinion on the Huffington Post.

Stay tuned for coming weekly reports!

1 comment:

  1. RewardVille is going to be another mega hit after FarmVille and CityVille!