Roundup: MySpace buys iLike, Tom Tom’s $100 app
Tom Tom GPS app for the iPhone draws a $100 price – Engadget rounds up early reviews and finds that it’s well liked … by guys who just spent a hundred bucks on it.
IBM says DNA could become part of microchips — Future generations of semiconductors may use artificial DNA as part of their basic structures.
MySpace buys music-centric social network iLike — Two months after laying off a third of the company, MySpace CEO Owen van Natta is said to be in talks to buy music-centric social network iLike for a rumored $20 million. It’s a meh exit for early investors Ali Partovi and others, but a sensible deal for Ticketmaster, which put $13.3 million into the company as a front-end to funnel fans into its ticket selling system. Mike Arrington went kind of crazy at TechCrunch listing every possible use for iLike, but we’re skeptical whenever a company tries to build out a perfectly good Web thingy into an all-purpose platform. If MySpace only connects band pages to concert tickets, that seems a good enough business by itself.
MSNBC.com acquires EveryBlock — Microsoft’s web site buys EveryBlock, which covers local news intensely.
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About the Author, Paul Boutin
Paul (paul@venturebeat.com) covers Apple & the iPhone, social networks & social media, digital music & video, and any crazy Internet story. Paul wrote and edited for Valleywag from 2006-2008, after several years with Wired magazine and Slate. He writes regularly for The New York Times' technology section and sometimes for Wired and The Wall Street Journal. He studied computer science at MIT in the early 1980s, and worked as a software developer and network administrator for 15 years before becoming a professional writer. Follow him on Twitter at @paulboutin, and follow VentureBeat on Twitter at @venturebeat.
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