Industry News

Adobe said on Tuesday that it has reached a deal to acquire Web analytics firm Omniture for $1.8 billion, or $21.50 per share.

That represents a 45 percent premium to Omniture's average closing price for the last 30 days, Adobe noted in its press release. Omniture, which was started in 1996, has about...

Facebook just announced it has crossed the 300 million user mark and that it became cash-flow positive last quarter.

"This is important to us because it sets Facebook up to be a strong independent service for the long term," said Mark Zuckerberg in a statement.

A reminder: that doesn't mean Facebook...

Some Bing search results pages will now show pictures instead of text.

The new feature is called "visual search" and uses Microsoft's Silverlight technology.

The AP:

Microsoft Corp. is testing a way to display some search results as galleries of moveable images instead of text links. That's...

Many upgrades to Microsoft's forthcoming Windows 7 will take one to three hours -- a reasonable amount of time. But some upgrades could take more than 20 hours, Microsoft employee Chris Hernandez says on a company blog.

Exmple: For a Super User -- a system that has 650 GB of data, 40 applications...

Yahoo (YHOO) is selling its 1.1% stake in Alibaba.com for close to $150 million.

Alibaba.com shares nearly quadrupled in the last year, so big Purple looks smart here.

Alibaba.com is a publicly traded subsidiary to Alibaba Group Holding Ltd. Yahoo will retain its 40% stake in the parent company.

Google's economist Hal Varian says Google's search patterns show that the economy is recovering:

Cecilia Kang, WaPo: In March, the number of Google users searching for information about unemployment benefits or employment centers began to drop, Varian said. Overall unemployment has continued to climb,...

What a market leader and major dealer in capital does publicly with their money is revealing. One of the things I admire about Microsoft is that through their Labs and Research initiatives, they’ve done a lot of good work in fields only tangentially connected with Microsoft markets. Google has some initiatives...

So, we now have Facebook Lite in the U.S., a slimmed down, sexier version of Facebook. It’s been said for a while that Facebook may have a long term problem with Twitter because it was too bloated, while Twitter was so light and simple — talk of that should die down now.

So how will Twitter respond?...

Facebook just added a new feature that let's users make Twitter-like @replies with their status updates.

Still don't believe Facebook is working as hard as it can to copy-and-kill Twitter?

Facebook engineer Tom Occhino explains the new feature in a post:

Now, when you are writing a status update...