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A recent study by Ground Truth, a mobile measurement firm, revealed that approximately 60% of the time spent on the mobile Internet is spent on social networking sites and apps. Users spent only about 14% of mobile Internet time on portals, the second most popular category.
Broadband video platform provider, Brightcove, says that its platform will provide support for the Open Graph and new set of Social Plug-ins that were announced by social networking giant, Facebook, at its f8 Conference in San Francisco, Wednesday (note: an explanation of the Open Graph and the new plug-ins can be found here).
A low-profile software company in Cambridge may be worth $1 billion to Internet search giant Google Inc. ITA Software Inc. makes sophisticated software for major online travel services such as Orbitz.com and Kayak.com and airlines such as Continental Airlines Inc. and Air Canada. They depend on ITA software, which allows them to organize complex airfare information for online shoppers.
Google is in talks to acquire ITA Software, an airline I.T. and services provider, in a deal that could end up costing the search giant $1 billion, Bloomberg News reported, citing three people familiar with the matter. ITA Software, based in Cambridge, Mass., may seek about $1 billion, Bloomberg said, but added that the talks may not lead to a transaction.