Tumblr had only $16.6 million in cash when Yahoo bought them for a staggering $1.1 billion! US Airways And American Airlines To Merge. Google is close to buying Israeli mapping start-up Waze for $1.3 billion. BC Partners Acquires Mergermarket. Mark Walter owner of the LA Dodgers buying the LA Times?
Facebook Joins S&P 500. Twitter currently valued at $12.8 Billion. Facebook stock goes from buy to hold after disappointing quarter. Facebook had the highest closing in the Nasdaq since its debut! Twitter Filed IPO Trading Under Moniker "TWTR."