Yahoo buys Alike app, terms not disclosed
NEW YORK (AP) - Yahoo says it has bought the startup Alike, the creator of a mobile app that helps people find nearby restaurants and places they'll like.
Financial terms of the deal, which was also posted on Alike's blog, was not disclosed. Yahoo Inc said on Tuesday that Alike's team will join Yahoo's mobile organisation in San Francisco and Sunnyvale, California.
Alike says on its blog that it will stop supporting the Alike Nearby iPhone and Web applications.
Yahoo is acquiring Alike as Internet companies' mobile strategies are becoming increasingly important as more and more of their users are using smartphones and tablets to access content.