deals

Is Slide worth half a billion? Only if Facebook buys them

Jordan Golson · 03/24/08 12:40PM

In January a pair of money managers, Fidelity and T. Rowe Price, bought 9.1 percent of Slide for $50 million. Fortune asks, "Are these widgets worth half a billion?" The mag doesn't come up with anything more than "maybe," but I'm willing to go a little further. Slide worth $550 million? No, despite its huge traffic numbers. While it's true that advertisers are desperate to reach the 18-24 market, I hardly think SuperPoke is what they had in mind.

Stuff White People Like: Ridiculous Book Deals

Pareene · 03/20/08 04:19PM

We give up! 'Stuff White People Like' Book Sold to Random House For At Least $350,000. You win, Internet! Great work, Random House! Oh hey, Spy legend and man white people love Kurt Andersen "has taken an active interest in it and will play a role in its development." Thanks, Kurt! The press release says the book will cover "Whole Foods, Wes Anderson, Starbucks, graduate school, kitchen gadgets, Barack Obama, Apple products, the movie Juno, expensive sandwiches, and vintage t-shirts, to name a few." Looks like white people like New York Magazine! (ALSO: Gotham Books is apparently publishing a book based on "Barack Obama is your new bicycle." Maybe some joker should make a whole album of hilarious Rick Astley songs!) [NYO]

Natali Del Conte even hotter when she speaks Spanish

Owen Thomas · 03/17/08 03:00PM

Really, we didn't think it was possible, but CNET editor Natali Del Conte is even more adorable en español. The bilingual TV personality is anchoring a deal between CNET and Univision, the Hispanic TV channel. "My Spanish-speaking family is WAY more impressed with this than anything else I've ever done," Del Conte told me. "Univision is all they've got so it's a big deal. My mom called me all weepy after she saw it and went, 'Oh my baby! She's speaking Spanish on TV!' My sister said, 'You would think we don't have English-speaking parents!' :)" 32 million U.S. residents speak Spanish at home. Somehow, I don't think they're tuning in to Michael Arrington for the latest on technology.

TheStreet.com's having trouble negotiating with Jim Cramer?

Nicholas Carlson · 02/22/08 05:40PM

As Silicon Alley Insider points out, both parties have much to lose. Cramer still owns 14 percent of the company, a stake worth around $42 million. CNBC, where Cramer yells a lot on air, has less of a Web audience than TheStreet.com. And try this pop quiz: Name someone who writes for TheStreet.com besides Cramer.

Jordan Golson · 02/19/08 04:50PM

Intel is reviving ClearWire andSprint's failed WiMax partnership with a much-needed $2 billion investment. Intel has always been WiMax's biggest proponent, spending a ton of money on development and including the technology in its next laptop chip design. This is on top of the $5 billion that Sprint has promised to invest in WiMax over the next three years. [Gizmodo]

Jordan Golson · 02/19/08 04:30PM

Microsoft and Netflix may partner to offer movie downloads over Xbox Live. An announcement would likely come tomorrow, at the Game Developer's Conference. Netflix CEO Reed Hastings is a member of Microsoft's board of directors. [MSNBC]

Jordan Golson · 02/19/08 04:10PM

BBC and Apple have partnered up to sell BBC programming through the UK iTunes store. [Reuters]

Martha And Emeril Combine To Control All American Food

Hamilton Nolan · 02/19/08 01:27PM

The celebrity foodies among you will be pleased and scared to know that homebot Martha Stewart is "poised for multi-platform expansion opportunities" now that she has acquired Emeril Lagasse's New Orleans-based food empire for a cool $50 million. BAM!, we say predictably. The only losers in the deal? Those Penn students who were complaining a few weeks ago about a false rumor that the entertaining multimillionaire Emeril would be their commencement speaker this year. Instead, they got stuck with boring multibillionaire Mike Bloomberg. Enjoy the following clip involving Emeril and bologna, back before he totally sold out:

The 7-Eleven deal: Could Yahoo Japan buy Yahoo?

Owen Thomas · 02/18/08 03:20PM

In the Yahoo-Microsoft takeover battle, Yahoo's 40 percent stake in Yahoo Japan is treated as an afterthought: Spare goods to be sold off to boost shareholder returns. But Yahoo Japan, in its home country, is Google, eBay, and Yahoo rolled into one. It's worth $29 billion — more than Yahoo itself was worth before the Microsoft bid. Which raises the question: Why isn't Yahoo Japan the one buying Yahoo? Before you dismiss it, consider the precedents.

Video startup Revver sells to unpredictable ex-MySpace boss

Owen Thomas · 02/14/08 08:00PM

Last we heard, Revver, the YouTube wannabe which promised a cut of revenues to video creators, was on the ropes. LiveUniverse, the Internet vehicle of former MySpace boss Brad Greenspan, had walked away from a deal, reports had it. That left Revver grasping for a lifeline and willing to sell itself for as little as $1.5 million. Now, NewTeeVee tells us LiveUniverse has bought Revver for less than $5 million.

Linux-hating SCO not dead yet

Jordan Golson · 02/14/08 05:10PM

Unix vendor cum software shakedown artists SCO got a $100 million shot in the arm from Stephen Norris Capital Partners. The investment will give SNCP a controlling stake in SCO and allow the company to emerge from Chapter 11 bankruptcy and pursue its legal claims against IBM, Novell, and anyone who ever shook Linus Torvalds's hand. [Internetnews.com]

The 15 biggest tech acquisitions since 1998

Jordan Golson · 02/13/08 07:43PM

Click to viewSo Microsoft buying Yahoo for $44.6 billion is a big deal. No, it's a massive deal. Before Microsoft's share price dropped, it was to be the second-largest tech deal made in the past decade after AOL/Time Warner. Even more impressive? Like the AOL deal, this is a merger you can explain to your mom. Most people have never heard of the big tech companies. Hell, I've never heard of some of them. SDL? JDS Uniphase? Veritas? Aspect Development? I have no idea what they do. But you don't need to be a household name to be worth billions. Here are the 15 biggest tech deals since 1998.

Owen Thomas · 02/13/08 03:17PM

Rupert Murdoch is interested in blocking the Microsoft-Yahoo deal, the Wall Street Journal confirms. One hitch: News Corp. and Yahoo can't agree over what MySpace is worth. [WSJ]

Double your money

Owen Thomas · 02/12/08 06:50PM

Microsoft paid $500 million for Danger Research, maker of the popular Sidekick smartphone. Which sounds impressive, until you learn that investors poured $225 million into the company. 2x returns are not the kind of deals that line Sand Hill Road with Beemers. [GigaOm]

Could Murdoch block the Microsoft-Yahoo deal?

Owen Thomas · 02/12/08 06:04PM

Rupert Murdoch loves to make trouble for other moguls. Could he stop Microsoft's bid for Yahoo? Wall Street analysts have been asking Murdoch if he would buy Yahoo outright. Never mind that the News Corp. chief doesn't have the cash to outbid Microsoft. Such a straightforward deal would be far too boring for Murdoch to contemplate. Instead, here's a scenario bruited about by Silicon Alley Insider.

Plaxo torn between two lovers?

Owen Thomas · 02/07/08 08:39PM

Is Plaxo going to Google, as some rumors have it? Possibly. We hear Joe Kraus, a Google executive knee-deep in its effort to catch up in social networking, skipped the company trip to Disneyland this week so he could finish a deal. But other insiders say Google's not doing a deal with Plaxo. Another plausible bidder: Comcast.

Bebo execs, lawyers throw down in London

Owen Thomas · 02/07/08 04:19PM

Why is Jordy Mont-Reynaud, the 24-year-old "mobile guy" for social network Bebo, partying in London with strategy director Evan Cohen, marketing VP Ziv Navoth, and two lawyers? Bebo is rumored to be exploring a sale or investment. Did Bebo just score some dollars from a big wireless company?

Google to buy Plaxo — and a new pal — for $200 million?

Owen Thomas · 02/07/08 03:50PM

Plaxo, the contact-sharing service trying to reinvent itself as a social network, may have sold itself to Google for something close to $200 million. And if the rumor's true, I think the companies may be doing it out of friendship. One could bloviate endlessly here about industry consolidation, user-data portability, and so on — and I'm sure you'll read plenty of that. I think the real reason is much simpler. Brad Fitzpatrick, the LiveJournal founder now leading Google's social-network strategy, wants to work with Joseph Smarr, Plaxo's chief platform architect. I sat with the two at lunch at the Web 2.0 Summit last year, and they got along famously.