wordpress blog stats
Connect with us

Hi, what are you looking for?

Facebook Acquires Snaptu; Snaptu’s Other Platforms?

Social networking giant Facebook has acquired Snaptu, a mobile app solutions company that has a product by the same name. Both companies have confirmed the acquisition, although details about the amount Facebook paid for the deal has not been specified, there are unconfirmed reports in Israeli newspapers, that it amounts to $70 million. In India, Snaptu had, last year, inked a deal with Mid-Day Infomedia for their news content. It also features cricket content from CricInfo, news and finance content from IBN Live and Money Control, and has tie-ups with Indian telcos Airtel, Vodafone and Reliance, and handset makers Micromax and Lemon Mobile. Snaptu's app has been amongsthe top 3 apps on Airtel's app store. On its blog, Snaptu acknowledged the acquisition with a post titled "We've Agreed to be Acquired by Facebook". It says "working as part of the Facebook team offered the best opportunity to keep accelerating the pace of our product development. And joining Facebook means we can make an even bigger impact on the world." What About Other Platforms? Snaptu is an application platform that offers small Java apps for feature phones, which integrate social networking services like Facebook, Twitter, Orkut, LinkedIn and other news and information based services among others. It even has an app store that offers other web services, which can be added to the app. It essentially converts web content into a feature phone-friendly app format. The question now remains that now that Snaptu has been acquired by Facebook, how will it treat other…

Please subscribe/login to read the full story.
Written By

Free Reads

News

With GPS in every car, India's toll collection is going high-tech.

News

Google is currently undergoing the necessary procedures for the leasehold land, which is presently under the ownership of the Maharashtra Industrial Development Corporation.

News

The pilot project for which is being launched in 19 cities this year, with a plan to launch a full-fledged rollout next year.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ