Twitter confirmed that it has bought TweetDeck, a popular third-party software application that organizes tweets, the short messages delivered through the online social network. Terms were not disclosed but a source told Reuters earlier this month that a deal for up to $50 million was imminent.
Facebook and Google are separately considering a tie-up with Skype after the Web video conferencing service delayed its initial public offering, two sources with direct knowledge of the discussions told Reuters. A Skype deal could be valued at $3 billion to $4 billion, the first source said. The discussions are in early stages, and it is not clear which option the companies favor, the first two sources said.
The official start of the 2009 Consumer Electronics Show in Las Vegas saw PDA pioneer Palm unveiling its answer to the popular iPhone smartphone and a new, Web-oriented operating system. Investors pushed the stock up 30 percent for two consecutive days and bloggers affirmed their optimism in early hands-on reviews.