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Acacia Research Corporation, known for its 200+ technology patent portfolios, announced that it has acquired ADAPTIX, a 4G wireless technology company. The company is paying $160 million for the acquisition. ADAPTIX, which is having its 230 issued and pending patents portfolio in 13 countries, is recognized well in the industry as one of its first developers of cutting...

I Can Has Cheezburger, the website best known for its power as one of the World’s largest comedy networks, turn five last week, sharing exactly 14,683 lolz, after launching in 2007. “Reaching our fifth anniversary means that we’re not just seen as a cat website company,” Cheezburger editor in chief Emily Huh mentioned. She also added that, “It’s amazing...

Bill Gates, the man who is currently working as a chairman of Microsoft, the software company he founded with Paul Allen in mid nineteen-seventies. Being known by the whole world, Bill gates made another mark, through donations to numbers of global health causes; he has saved an estimated 5.8 million lives. Frugal Dad detailed the impact that Bill Gates’ philanthropic...

According to an estimate from Gregory Lyons, iCrossing, if Facebook continues at the same rate, it will hit a billion users mark by August 2012. The company claimed that it has 800 million users in September, so it’s not surprising that the world’s largest social network achieve the billion marks. Using a process of linear regression on the data from the end of...

International Game Technology confirmed that it has reached a definitive agreement to acquire Double Down Interactive LLC, a leading online social gaming company and developer of the popular Facebook’s DoubleDown casino. DoubleDown Casino currently has 4.7 million monthly active users, up from 3.3 million it is having in October 2011. It is considered as world’s...

A survey of 714 Japanese who either owned or were interested in portable gaming device, confirmed that their maximum interest is in PlayStation Vita gaming device. The survey was a private internet-based questionnaire that was conducted between 22nd and 26th December 2011 by the members of the CLUB BBQ, located in Japan. The audience surveyed was 57.0% male, with 30.0% in their twenties, 49.9% in their thirties, and 20.2% in their forties. Over 83% of them said they owned a Nintendo DS, and 48.9% said they owned a PSP. Slightly over 16%...

Microsoft Corporation has signed a patent agreement with LG Electronics over LG’s tablets, mobile phones and other consumer devices running the Android or Chrome based OS platform. The deal marks their 11th agreement together with Android and Chrome OS device manufacturers, including HTC, Samsung and Acer. With the LG deal, Microsoft will cover more than 70 percent...

Intel has teamed up with NCIIA to offer young entrepreneurs an opportunity to take home a whooping amount of $100,000 for their technology idea. The company has launched “Intel Innovators” – Intel built up the platform with their Facebook community allowing young entrepreneurs (of age group mainly 18 to 24 year olds in U.S.) to share their business ideas. This...

Hulu’s CEO Jason Kilar, on thursday posted the company 2011 revenue on the company blog. Kilar revealed that company’s revenue grew 60% from previous year, 2010, that is approximately to $420 million. The company made huge investments in innovation last year. Hulu Plus now has more than 1.5 million paying subscribers and this number keep on increasing, on...

Hewlett-Packard Co. complained that Oracle Corp. used discriminatory practices of its licensing and support for products based on Intel Corp. systems. Oracle is currently under investigation by France’s competition regulator on the basis of the complaint. The competition authority said that it opened a probe against Oracle on HP’s July complaint, on Oracle’s...