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Report: Yahoo Acquires Mobile Recommendations App Maker, Stamped

     
6:19 pm on Oct 25, 2012 (gmt 0)

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Yahoo has acquired the company behind one-year-old mobile recommendations app Stamped, its first since ex-Google exec Marissa Mayer became CEO of the company in July.

The acquisition was purely for talent: Stampedís nine-person team ó of which five are ex-Google employees ó will be joining a new mobile product team to be established in New York under the leadership of Stampedís three co-founders, Iím told. Stampedís iPhone and web app will both be discontinued by the end of the year.

Report: Yahoo Acquires Mobile Recommendations App Maker, Stamped [mashable.com]
7:10 pm on Oct 25, 2012 (gmt 0)

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Good move. Shows that Yahoo gets it that Mobile is the future.