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Report: Google to Acquire Israeli Mapping Startup for $1.3B, Facebook Also Interested

Report: Google to Acquire Israeli Mapping Startup for $1.3B, Facebook Also Interested

Google Inc. could acquire Israeli mapping startup Waze for $1.3 billion amid competing bids for the company, Reuters reported Monday. Citing an Israeli newspaper, Ari Rabinovitch writes Facebook Inc. also wants to buy Waze and has offered $1 billion as the social media aims to grow its customer base. Google negotiated with the startup in [...]

Facebook Rolling Out Updated News Feed

Facebook CEO Mark Zuckerberg has unveiled a redesigned news feed intended to give users an interface he termed a personalized newspaper, Information Week reports. Zuckerberg said the social networking site is also aiming to open new opportunities to offer different kinds of ads as well, Thomas Claburn writes. Chris Cox, Facebook vice president of products, [...]

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Facebook helped the FBI bring down an international criminal enterprise that infected nearly 11 million computers with malicious software, accounting for more than $850 million in losses. Reuters reports the social networking site helped identify the responsible parties and provide security systems for detecting infected accounts. Facebook also provided tools for removing the threats, Edwin [...]

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In 2011, Google acquired 25 companies or 79 total if you count the startups it bought for intellectual property rights or patents, according to The Verge.   Not only does Google rapidly buy smaller tech firms but it has an astounding track record of integrating employees of former startups into the company according to the [...]

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Google has acquired a Redwood City, Calif.-based social media marketing company with the goal of expanding opportunities for customers to engage on all platforms, Computerworld reports. According to John Ribiero’s article, Google’s buy of Wildfire is one of several transactions in the technology industry targeted towards social media. Within the last three months, Oracle has [...]

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The National Security Agency held a cyber competition last week to test service academy students’ skills in defending computer networks from simulated threats, Bloomberg reports.  Students from the Army, Navy, Merchant Marine and Coast Guard academies participated in the event held at Lockheed Martin Corp.’s Hanover, Md. facility. During the three-day competition, military service members and [...]

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NASA Administrator Charles Bolden joined thousands of teachers, students, and executives in a pep rally last week to show support of President Obama’s engineering campaign, Bolden wrote on the White House blog. The Day of Engineering pep rally occurred at Georgia Tech and promoted education and careers in science, technology, engineering, and mathematics. The White [...]

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China is in the cyberspace spotlight again for an alleged plot to gather contact information of U.S. and British military leaders by setting up a fake Facebook page for one of NATO’s top officials, Government Computer News reports. The Facebook scam involved fooling U.S. and British leaders into accepting a friend request from a fake profile [...]

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The U.S. has closed its embassy in Syria but could still use social media to communicate with Syrians, NextGov reports. Experts told NextGov that State Department officials could still interact with Syrian activists and citizens on Facebook or Twitter. The department has not confirmed plans to conduct a virtual embassy, similar to what was done [...]

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Last week, Salesforce.com announced a social networking acquisition that has been long in the making, according to John Wookey, executive vice president of advanced applications.  The company said it will acquire Rypple, a cloud-based performance management services provider, and bring on all of Rypple’s staff and offerings. Wookey will run Rypple’s operations, which Salesforce will rename [...]

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