Cellphone Deal : Nokia Buys Twango

After the success of Youtube and Flickr, a veritable ton of new video slash picture sharing websites have been emerging from the every corner of the Earth. And they all seem to share one thing in common: a really annoying, pointless name like Boingo or Whammy or whatnot. Nokia acquired Twango in a deal for an undisclosed sum of money. One of these sites, code-named "Twango", was acquired by none other than Nokia. Twango, I suppose, is a little different from your average video-sharing site: it allows users to share almost anything, from Powerpoint documents to ZIP files and almost every type of image under the sun. So it's basically a file-sharing site, kind of like XDrive.

One of the nicer features let you upload files through e-mail attachments which is slick. And of course it's free. There are some limitations like only being able to upload 250 megabytes a month, and also restrictions on what files you can upload. Unfortunately, Nokia did not release exactly how much it paid for the site, which was formed by a group of former Microsoft employees. They are, of course, all rich now.