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Qwiki was a New York City–based startup automated video production company acquired by Yahoo! on July 2, 2013 for a reported $50 million. [1] Qwiki released an iPhone app that automatically turns the pictures and videos from a user's camera roll into movies to share.
Yahoo's first acquisition was the purchase of Net Controls, a web search engine company, in September 1997 for US$1.4 million. As of April 2008, the company's largest acquisition is the purchase of Broadcast.com , an Internet radio company, for $5.7 billion, making Broadcast.com co-founder Mark Cuban a billionaire.
For the second time in as many days, acquisitive Internet giant Yahoo! has announced that it has bought a small tech company. The company revealed -- in a post on another recent purchase, Tumblr ...
In July 2013, Yahoo Inc acquired Qwiki for $50 million. [109] On August 2, 2013, Yahoo Inc announced the acquisition of social web browser concern RockMelt. With the acquisition, the RockMelt team, including the concern's CEO Eric Vishria and CTO Tim Howes became part of Yahoo team.
Emmanuel Dunand, AFP/Getty ImagesYahoo CEO Marissa Mayer By Avik Das Yahoo has agreed to buy Qwiki, a mobile app for creating videos on Apple's (AAPL) iPhone, as the Internet company tries to ...
Since Marissa Mayer became the chief executive officer of Yahoo! a year ago, the company has gone on a much-publicized buying binge. The nagging question is whether the splashy headlines have done ...
Qwiki won the TechCrunch Disrupt Award in 2010 [3] and was sold to Yahoo in 2013. [4] In 2014, Yahoo shuttered Qwiki. Monier received a Ph.D. in Mathematics and Computer Science from the University of Paris XI , France [ 5 ] in 1980 and worked at Carnegie Mellon University , Xerox PARC , and DEC 's Western Research Laboratory.
Yahoo!, once one of the most popular web sites in the United States, is as of September 2021 a content sub-division of the namesake company Yahoo Inc., owned by Apollo Global Management (90%) and Verizon Communications (10%). It has offered a wide range of online sites and services since its inception in 1994, a majority of which are now defunct.