Wednesday, July 27, 2005

Yahoo Buys Maker of 'Widget' Applications

Yahoo Buys Maker of 'Widget' Applications: "Hoping to pave a new path to its popular Web site, Yahoo Inc. has acquired Konfabulator, a tiny software maker that provides a computer platform for monitoring the weather, stock prices and a wealth of other customized information without opening a Web browser.

The deal, finalized late last week for an undisclosed price, gives Yahoo access to a toolbox of mini-applications -- known as widgets -- that have built a cult following since Palo Alto-based Konfabulator first introduced them for Apple Computer Inc.'s Macintosh in 2002."

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