IBM confirmed that it has acquired video conferencing service UStream this morning. With several cloud video acquisitions in tow, the company also announced it was forming a new cloud video services unit. Fortune first reported the UStream purchase and reports peg the purchase price at $130 million. IBM would not confirm that amount. The new unit will be comprised of four acquisitions: UStream, Cl
[tc_aol_on code=”518823507″] After months of rumors, Facebook today unveiled “Instant Articles”, a program that natively hosts publishers’ content in its app’s News Feed so users don’t have to click out and wait for websites to load. Instant Articles debuts today with rich-media stories from The New York Times, BuzzFeed, National Geographic, and six other outlets that will be globally visible from
Yahoo has been busy rebuilding its business around mobile under CEO Marissa Mayer, and soon it could make one of its biggest bets yet on the platform. We have heard perennially that the company has been looking to buy Foursquare, the New York startup behind the eponymous local search app and location-based social “check-in” app Swarm. The latest rumor we are hearing is giving the deal a price tag
When you chat with friends about settling debts or splitting the bill, Facebook doesn’t want you to have to open another app like PayPal or Venmo to send them money. So today it unveiled a new payments feature for Facebook Messenger that lets you connect your Visa or Mastercard debit card and tap a “$” button to send friends money on iOS, Android, and desktop with zero fees. Facebook Messenger pay
On the heels of closing a $10 million Series A funding, previously stealthy open source DevOps toolkit provider, HashiCorp, unveiled its new commercial offering that connects all of their open source products. Called Atlas, the new service provides a single place for developing, building, deploying and monitoring distributed applications. The funding was led by Mayfield with participation from GGV
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