NEW YORK (

TheStreet

) --

Salesforce

(CRM) - Get Report

shares increased 0.5% in pre-market trading Wednesday to $128 after the cloud computing giant announced it had acquired social media monitoring company

Radian6

for about $340 million in cash and stock.

Radian6 captures what is being said about businesses and products across websites like

Facebook

,

Twitter

and

YouTube

.

News Corp

(NWSA) - Get Report

is said to be in talks with online music video network

Vevo

about potentially acquiring struggling social network

MySpace

, according to

Bloomberg

. As part of the deal, News Corp would exchange MySpace for a stake in a new venture, the report said.

Shares of News Corp rose 1.3% in pre-market trading Wednesday to $17.49.

The global smartphone market is expected to grow almost 50% this year, as mobile users upgrade from feature phones, market research firm IDC said in a new report Tuesday.

Google's

(GOOG) - Get Report

Android operating system is poised to become the most popular platform with almost 40% market share, followed by

Nokia's

(NOK) - Get Report

Symbian system.

Google shares increased 0.4% to $584 in pre-market trading Wednesday, while Nokia shares slipped 0.4% to $8.65.

Meg Whitman, the former

eBay

(EBAY) - Get Report

exec and California gubernatorial candidate, has joined top Silicon Valley venture firm Kleiner Perkins Caufield & Byers as a part-time strategic advisor. Whitman will advise entrepreneurs and help evaluate new digital investments, the firm said.

Local Offer Network

, which provides technology and services to the group buying industry, has raised $1.5 million in Series A funding led by investors IllinoisVentures and Matthew Pritzker Company. Founded in early 2010, the company aggregates more than 2,000 daily deal offers from websites in 97 markets worldwide.

--Written by Olivia Oran in New York.

>To follow the writer on Twitter, go to

http://twitter.com/Ozoran

.

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.