Jyri Engestrom: in the money. Photograph by Richard Moross used under CC license
A post on the front page of Jaiku, an "activity stream" manager based in Finland, has announced that the startup is being bought by Google.
Jaiku's a more fully-featured competitor to Twitter (which Jemima wrote about on Monday) that allows people to microblog and conduct conversations across their phone and computers. It possibly plays into Google's long-term mobile ambitions - however, it's worth noting that another service which wasn't a million miles away, Dodgeball, ended up being bought and shelved by the company.
I'd heard a rumour that Google was going to buy a European blogging service, but thrown off the scent because Jaiku's not *quite* about blogging. I should clearly have a wider imagination.
Terms of the deal have not been announced - and Kevin has more details over at our digital content blog, PDA.
