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Answers.com Sells For $127 Million

Over the next few days, onlookers shouldn’t be surprised if the mix of questions on Answers.com begins to favor inquiries of the "what kind of ____ should I buy?" variety.  Fans may have some extra money coming to them, as Answers.com announced this morning that it’s being acquired for $127 million. AFCV Holdings, which is […]

Smaato Raises $7 million from Singapore’s EDBI and more

Smaato, a mobile advertising start-up that helps publishers to monetize their content through mobile applications has just raised $7 million of fresh funds. The $7 million round of funding was led by Singapore’s EDBI, together with existing shareholders including Aeries Capital. The new funds will help Smaato’s expand internationally, in particular to extend its presence […]

Yahoo Beats Q4 Estimates, But Held Back By Forecast

The fourth quarter of 2010 could have gone much worse for Yahoo, judging from the earnings report the company released this afternoon.  Yahoo’s numbers were generally higher than what analysts expected, perhaps earning Carol Bartz a few points in unhappy shareholders’ eyes.  A low Q1 forecast threw a long shadow, however. To first cover the […]

Rumor Ties Facebook, Twitter To SEC Inquiry

Don’t look for employees at these companies to break out shredders – or even break a sweat – quite yet, but the Securities and Exchange Commission might be curious about certain details related to Facebook, LinkedIn, Twitter, and Zynga.  Unconfirmed rumors indicate the SEC is looking into their privately traded stock. Peter Lattman reported, "The […]