Yesterday Apple (AAPL) hired Paul Deneve, the former CEO of fancy fashion house Yves Saint Laurent. The company didn’t reveal what his exact role is aside from working on “special projects.” [AllThingsD]
Yahoo must love racking up frequent flyer miles: They purchased video creating app Qwiki for $50 million. [Bloomberg]
Google-owned YouTube has not only renewed its deal with VEVO, which will keep its videos exclusively on the site, but purchased a 7 percent stake in the music video company. [Billboard]
It’s great news that Facebook is bringing its goofy stickers to its Web chat, but it’s sad news that the initiative’s creator has reportedly left the company. [TechCrunch]
The U.S. State Department spent nearly $700,000 on buying Facebook likes in a desperate attempt to sit at the popular table. [Gizmodo]
