Yahoo Buys Maktoob.com

4:00 PM -- Today on Contentinople:
— The Staff, Contentinople
- Yahoo announced its acquisition of Maktoob.com, which will enable it to make its products, including Messenger and Mail, more accessible to the Arabic-speaking world. The cost of the acquisition, which is reportedly around $75 million, could be a small price to pay for increased presence in the booming Middle Eastern market, Contentinople editor Ryan Lawler reports.
- Local broadcasting company Raycom is expanding its relationship with VMIX, increasing the number of member stations that use VMIX's platform to 19.
— The Staff, Contentinople