The war for your handheld device

With the news that Priceline is buying OpenTable for a whopping $2.6 billion in cash, Jim Cramer explains in the video below how this fits into the war for your handheld device. Apps like OpenTable with its huge user base are incredibly powerful, and for Priceline it fits in beautifully following last year’s acquisition of Kayak. Now the next obvious step when you’re booking travel is making restaurant reservations.

This consolidation is very interesting and we’ll see how companies like Google respond. Google owns Zagat.

  

OpenTable seats its 2 millionth table

OpenTable logo.If you live in any major metropolitan area, you’re probably familiar with OpenTable. The restaurant reservation service seated its millionth reservation this past October, a year since the iPhone application launched. The company has since branched out to other smartphone platforms and seated another million restaurant-goers – quite a feat for four and a half months.

The news came alongside an earnings report, which showed $19.2 million in revenue for Q4 2009. Those are some damn fine numbers for an internet startup. The company is about more than just reservations, though. It also offers management software to restaurants for a monthly subscription. The company increased its number of participating restaurants by 17% this past year and estimates it has helped generate more than $100 million in sales for the restaurant it serves.

  

WebOS Gets One Good App, One Boring App

Palm's App Catalog Beta.At least they’re new, right? Right. I’ve been waiting to see Palm’s App Catalog update for some time and now it has finally happened. Today Palm announced two new apps on their official blog. The updates come several weeks after the release of the WebOS SDK, and no doubt has Pre users salivating for more.

The first app, OpenTable, is what I consider the boring app. It provides you with real-time integration with the website, giving the user access to reservation data near your location and calendar integration. A whole lot of meh if you ask me.

The other, called Fliq Bookmarks, is an application that works with The Missing Sync to provide sync capabilities from your Mac’s Safari bookmarks to your Pre. For now it is Mac only, though PC should be coming soon. Maybe they’ll toss the Firefox users a bone, too? We can always hope.