Qwiki

Yahoo purchases iPhone video app Qwiki for close to $50 million

Just as rumours hinted last month, Yahoo has added to its acquisition spree by snapping up startup Qwiki.

Yahoo! considering buying Qwiki for $50 million

Yahoo! is "considering" a $50 million deal to acquire Qwiki, the maker of the recent Qwiki iPhone app that turns images and videos from your camera roll into brief movies that can be shared.