BUSINESS
May 5, 2012 | By Tiffany Hsu, Los Angeles Times
Google Inc., with its free meals, high monthly pay and relaxed work environment, was rated by interns as the best place to work in a report released just ahead of the peak summer internship season. A software engineering intern at the search engine giant can expect an average monthly pay of $6,463, according to career website Glassdoor. Google interns, who voted the company as the most satisfying place to work, also reported additional perks such as face time with managers and opportunities to sit in on meetings.
BUSINESS
May 1, 2012 | By Dawn C. Chmielewski, Los Angeles Times
NEW YORK - Yahoo Inc.staged its glitzy presentation for advertisers in a theater near Central Park, with appearances by Katie Couric, "CSI" creator Anthony E. Zuiker and, via video, Tom Hanks. AOL Inc.rented out a three-story production studio in the gentrified Meatpacking District, which it filled with pounding dance tracks as gym-sculpted servers carried trays of beverages and snacks. A series of celebrity-studded presentations concluded with 1970s TV star Marlo Thomas taking the stage as AOL awarded prizes, including a new Ford Mustang convertible.
BUSINESS
May 1, 2012 | By Andrea Chang and David Sarno, Los Angeles Times
Barnes & Noble Inc.'s prospects against rivals Amazon.com Inc. and Apple Inc. in the fast-growing digital reader business just got a big lift thanks to a $605-million investment from Microsoft Corp. For the nation's No. 1 bookstore chain, the infusion will help its Nook business better compete against the top-selling Kindle e-reader and iPad tablet computer and relieves some of the pressure on Barnes & Noble to turn a profit on the Nook. It's also a good deal for Microsoft, which is spending barely 1% of its $60-billion cash reserve to gain a bigger presence in the e-reader and tablet markets ahead of the widely anticipated launch of its Windows 8 operating software later this year.
BUSINESS
April 26, 2012 | By Jessica Guynn, Los Angeles Times
SAN FRANCISCO — As it closes in on 1 billion users, Facebook Inc. has formed partnerships with five security software outfits to crack down on pfishing schemes. Facebook said Wednesday that Microsoft Corp., McAfee Inc., Trend Micro Inc., Sophos Ltd. and Symantec Corp. will join the fight to keep its users from sharing links to sites that install malware. Facebook also has its own tools in its arsenal and a vast database of malicious URLs. Facebook users, who number more than 900 million, post a ton of links, some from blacklisted sites.
BUSINESS
April 23, 2012 | By Jessica Guynn
SAN FRANCISCO -- Microsoft, which just bought patents from AOL for more than $1 billion, is now selling most of them to Facebook for $550 million. The two companies said Monday that Facebook is buying about 650 of the 925 patents and patent applications. Facebook will get a license to use the rest of the patents. Microsoft will also get a license to use the patents that Facebook is buying. “Today's agreement with Microsoft represents an important acquisition for Facebook,” said Ted Ullyot, Facebook's general counsel, in a written statement.
BUSINESS
April 23, 2012 | By Michelle Maltais
It seems patents have been playing an increasingly crucial role in the business ecosystem. Microsoft just flipped to Facebook for $550 million a portion of its recent $1-billion bundle buy of patents from AOL. The companies said Facebook is buying about 650 of the 925 patents and patent applications. "It is interesting to see that Microsoft paid $1.14 million per patent property while Facebook paid $850,000 for part of the...