Yahoo! has also reportedly made a successful grab for web services, Tumblr, GhostBird, and Astrid.
Citing “sources close to the company,” the website claims that Yahoo is considering purchasing Qwiki for $50 million, and states that the two companies are in “advanced stages of discussion over the acquisition.”
While all that pivoting seems unusual, the company recently settled on its mobile-only focus, which is just what Yahoo CEO Marissa Mayer has been aiming Yahoo’s efforts at, looking to create a series of daily apps and services to reinvigorate its offerings. Read the remainder of this entry »