It's official: The once-controversial social scoring startup has been scooped up.
FORTUNE -- Social score startup Klout has been acquired by Lithium Technologies, a provider of social customer experience solutions for the enterprise, in a deal valued at nearly $200 million, Fortune has learned.
According to two sources familiar with the matter, the deal is a mix of cash and Lithium private stock. (Lithium is gearing up for an IPO, which could MOREJP Mangalindan, Writer - Mar 26, 2014 6:04 PM ET
The social networking company is reportedly in talks to buy the drone manufacturer.
By Clay Dillow
FORTUNE -- Google isn't the only web giant buying its way into the robotics game, or the ubiquitous global Internet game, for that matter. According to TechCrunch, Facebook is in talks to buy Titan Aerospace, a maker of high-flying, solar powered drone aircraft capable of staying aloft for up to five years without ever having MOREMar 4, 2014 2:16 PM ET
The business-focused social network opens its publishing platform to its members, raising lots of questions.
FORTUNE -- Ryan Roslansky, head of content products for the company, strenuously rejects LinkedIn's media ambitions. Or at least he refuses to address them head on. "We are not approaching this from a publishing or media-company perspective," he told me last week.
The "this" in question is LinkedIn's announcement that it is opening its "publishing platform" to MOREAdam Lashinsky, Sr. Editor at Large - Feb 26, 2014 9:16 AM ET
The microblogging service has built a successful following, but it needs to rethink its longer-term strategy.
By Sanjay Sanghoee
FORTUNE -- Twitter (TWTR) was initially derided for its strange and non-intuitive format, but as most of us have seen, the micro-blogging service confounded expectations; it has become a wildly popular medium for sharing information and creating buzz, and its 140-character limit is perfect for the short attention span of modern society.
Yet, MOREFeb 21, 2014 5:00 AM ET
You know what's cool? $19 billion
FORTUNE -- Remember back in 2012 when a billion dollars seemed like a lot of money to pay for a fast-growing photosharing app called Instagram? Turns out, that's nothing. Facebook (FB) has just announced plans to purchase mobile messaging service WhatsApp for at least 16 times that. The company will pay an additional $3 billion in restricted stock units to be granted to WhatsApp employees MOREJessi Hempel, writer - Feb 19, 2014 6:14 PM ET
Fortune meets with CEO Jan Rezab on the morning that his Czech social analytics company raises $26 million.
FORTUNE -- Jan Rezab takes a sip of his tea and wrinkles his nose. "This isn't right," he mutters. "This isn't English breakfast."
"Maybe it just hasn't steeped enough yet," a colleague offers. Rezab sets it down, sighs, and bounces his knee impatiently.
It's a quiet winter's morning in Manhattan's Meatpacking district, where snowflakes are piling into modest MOREAndrew Nusca - Feb 18, 2014 10:29 AM ET
Fueled's Rameet Chawla built a hack for others to "like" their way to Internet fame and real-life fortune.
FORTUNE -- Whether or not anyone admits it, we, the people of the Internet, love virtual validation. It comes in many forms: Facebook likes, Instagram hearts, Twitter favorites, Pinterest pins. The more we post, the more likes, hearts, and favorites we get. The more we get, the more we crave. This is no MOREErin Griffith - Feb 14, 2014 10:45 AM ET
Swipe right for love ... or money
By Paula Froelich
FORTUNE -- Sarah Kunst was in San Francisco on business last year when she went on the dating app Tinder and "liked" a guy with whom the app said she had several mutual friends. "We started talking. He used to run a hedge fund and now runs his family's private fund and since we have mutual friends, I asked them about MOREFeb 13, 2014 5:00 AM ET
Gnip's ability to sift through big data is a big business, even if everyone working in the field hates the term.
FORTUNE -- A spate of acquisitions of big data startups has drawn attention to an already hot category. In December, Apple (AAPL) bought Topsy, a social data analytics company, for $200 million. Last week Google (GOOG) outbid Facebook (FB) for DeepMind Technologies, an artificial intelligence and big data company, paying $400 million, MOREErin Griffith - Feb 7, 2014 11:41 AM ET
To attract more users, "We simply need to make Twitter a better Twitter," says CEO Dick Costolo.
FORTUNE -- In its first quarterly earnings report as a public company, Twitter's (TWTR) CEO Dick Costolo was on the defensive. The company, which has not yet turned a profit, reported strong top line revenue growth with widening losses.
Twitter Wednesday reported fourth-quarter earnings of $243 million, an increase of 116% over the same period last MOREErin Griffith - Feb 5, 2014 6:48 PM ET
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