Google (GOOG -1.1%) roundup: 1) Wavii confirms it has been acquired by Google (previous). The...

|By:, SA News Editor

Google (GOOG -1.1%) roundup: 1) Wavii confirms it has been acquired by Google (previous). The startup's news/social media summarization app will be shuttered as its team and technology bolster Google's natural language-processing R&D. 2) YouTube is reportedly restructuring its video ad pricing for upfront season to allow advertisers to make smaller commitments (and thus hopefully reel in more of them). YouTube is also selling "media packs" focused on genres such as sports, music, and comedy, as it tries to use itsĀ  unmatched reach to take a bigger bite out of TV ad budgets.