- TechCrunch reports Yahoo (YHOO) is acquiring Hitpost, a developer of iOS/Android apps aimed at sports enthusiasts. The company's most popular app, Sports Bet, allows users to make virtual currency bets related to sporting events. The startup also offers a fantasy football polling app.
- No word on whether Yahoo, which (per Marissa Mayer) wants to limit the number of apps it offers to 12-15, plans to shut Hitpost's apps down and/or integrate its features with other Yahoo sports apps (of which there are plenty). The report comes three months after Yahoo bought fantasy sports app developer Bignoggins.
Yahoo reportedly acquiring sports app developer
Oct 1 2013, 18:00 ET