It looks like the rumors of Sony wanting to take the Ericsson out of Sony Ericsson were indeed accurate. The details are coming by way of a press release that was just recently dropped on the Sony website. In short, Sony is buying Ericsson’s 50 percent ownership in Sony Ericsson for a cash payment of more »

Sony isn’t sitting around anymore as the likes of Apple and Google continue to take bigger shares of the integrated device market. The Wall Street Journal reports Sony wants to buy out Sony Ericsson in an attempt to give it more leverage in the mobile phone industry. Monetary figures haven’t been disclosed because nothing is official yet.

Yesterday, Google announced it was trying to purchase Motorola Mobility for $12.5 billion. I try “trying” because the deal is not done yet. With acquisitions this massive, the two companies must get the approval of regulatory committees and stockholders. If for any reason the deal falls through, Google will owe Motorola Mobility $2.5 billion.

Google has been throwing its money around lately. Last month, Google acquired a facial recognition company called PittPatt and a company that specializes in creating social networking groups called Fridge. This week, Google has purchased a daily deals site named The Dealmap for an undisclosed amount.

It was initially reported at the beginning of May that Twitter was buying TweetDeck and now it has been confirmed by several sources. Twitter has acquired Tweetdeck for $40 million in cash and stock. According to CNN Money, the paperwork for making the deal official was signed on Monday. An official announcement is expected to be announced very soon.

There have been many reactions to the news that AT&T plans to pick up T-Mobile USA assets. Many tech pundits, like Om Malik, see the carrier combination as a bad thing that will stifle innovation and be a bad thing for consumers. CWA, a union for T-Mobile workers is thrilled for both US and German more »

With everything in order from an investor standpoint, the acquisition of Palm by HP has completed with a transaction price of $1.2 billion. The announcement of HP acquiring Palm first occurred a couple of months ago and that is when speculation of what the two companies could create started. The future of HP and Palm more »

CNBC suggested Lenovo has been overheard thinking about buying out struggling Palm. The news sent Palms lagging stock up as investors figured out how a takeover might play out. Many questions remain, including if this rumor is even credible, but the constant remains: webOS has tons of potential – most of it wasted on the more »

Welcome back to this week’s Who’s on Crack, the Interwebs only column brave enough to suggest illegal narcotics fuel many of the moves in the tech world. It’s either that or Gadgetell is nuts for giving me a platform to spout off about stuff that bugs me or is just outright dumb. This week, I more »

SanDisk saw their stocks take a huge leap recently as a result of rumors of a possible buyout from either Samsung or Toshiba. Their shares jumped 12.5 percent and as of this morning were over $10. Samsung has had a long standing interest in the company and tried to obtain it last year unsuccessfully. Their more »