- Skype confirm $8.5 billion acquisition by Microsoft Tony Bates, CEO of Skype, has confirmed in a blog post on the Skype website that Microsoft will acquire the internet voice and video phone service for $8.5 billion. When the acquisition is complete, Skype will become a new business division of Microsoft.
- YouTube founders acquire social bookmarking site Delicious from Yahoo! Yahoo!’s once seemingly ill-fated social bookmarking service Delicious has been sold to YouTube founders Chad Hurley and Steve Chen for an undisclosed sum. Delicious will now fold into a newly created internet company AVOS.
- Google acquires Irish digital video technology company Green Parrot Pictures Google has acquired Irish digital video technology company Green Parrot Pictures with the intention of using their innovations to improve the quality of videos uploaded to YouTube. Green Parrot’s technology has been employed post-production on several blockbuster movies including The Lord of the Rings and Spider-Man.
- AOL to acquire The Huffington Post for $315 million American news website and content aggregator The Huffington Post will be acquired by AOL for $315 million US dollars, in a deal expected to close in the coming months. Huffington Post co-founder Arianna Huffington will become president and editor-in-chief of a new Huffington Post Media Group, which will include The Huffington Post and other AOL content properties, including recently acquired TechCrunch, gadget blog Endadget, and micro-local news service Patch.