Internet, Acquisition | featured news

Flixster just announced that it has acquired Rotten Tomatoes, the popular movie review site, from IGN Entertainment. IGN is a division of Rupert Murdoch's News Corporation.

Well that didn't take long. Just four days in 2010 and we already have an acquisition. Social networking application Seesmic has acquired the social status updater Ping.fm.

The move positions the various Seesmic applications (web, desktop, and mobile) to be able to update some 50 social networks very easily.

Is Google simply buying its way into the mobile advertising market via its $750 million acquisition of AdMob? That’s what two consumer groups allege in a letter sent to the FTC today, as the organization continues to review the deal.

Search giant's reported plans to acquire the local-listings service may face difficulties, with regulators attuned to its established dominance of the Internet-search and advertising markets, observers say.

Last month Skype was in talks to acquire VoIP startup Gizmo5. It was a perfect backup plan in case all that IP litigation didn't work out.

Lots more details are coming in on the Photobucket fire sale by MySpace/News Corp. The sale is all but complete, say new sources.

Bloomberg is buying BusinessWeek in a deal that brings together a financial news service specializing in rapid-fire updates with a print publication struggling to adapt to the Internet.