Loopt Acquired by Green Dot
Green Dot acquires location-based services company Loopt for $43.4 million in cash. “We believe that mobile phones have the potential to change the way people interact with their bank, control their money and pay for goods and services,” said Steve Streit, Chairman and CEO of Green Dot. “Loopt, as a service, will be winding down over the next several months, but we plan to provide an easy way to export…
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Twitter Acquires Summify
Twitter acquires Summify which gives Summary of your social news feeds. Summify condenses content in people’s Google, Facebook and Twitter social media feeds and delivers a daily digest via email, on a website or to a user’s iPhone. As a result of the Twitter acquisition, Summify has stopped accepting new account sign-ups and eliminated several features. Press Release “You’ve probably noticed we’ve been quiet lately. Well, we’re extremely excited to…
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