May 17, 2013 |
Yahoo is set to hold a news conference Monday, and many believe the company might announce it is acquiring Tumblr. Rumors began swirling Friday about the possible acquisition, saying Yahoo is interested in buying Tumblr, a social network whose popularity has soared recently, especially among teens and young adults. According to reports , the deal could be worth as much as $1 billion. Since Marissa Mayer took became chief executive of Yahoo last year, the company has been buying small start-ups, including one by a 17-year-old British entrepreneur for $30 million.
June 18, 2013 |
Yahoo became the fourth major tech company to disclose how much government data requests it gets, following a report that alleged the tech companies are involved in a government surveillance program known as PRISM. Chief Executive Marissa Mayer said Yahoo received between 12,000 and 13,000 government requests between December 2012 and the end of May. The bulk of these requests were for criminal investigations, including homicides and kidnappings. "Like all companies, Yahoo! cannot lawfully break out FISA (Foreign Intelligence Surveillance Act)
May 20, 2013 |
After the coffee. Before going through two weeks' worth of mail. The Skinny: Well, I didn't win the Powerball lottery, which means I'll be heading back to the office today after a long trip to New York. Ask me around Thursday if it's good to be home. Monday's headlines include a recap of the weekend box office, Yahoo's purchase of Tumblr and the question of whether there are clouds over Warner Bros. movie chief Jeff Robinov. If you are so eager for the Morning Fix that you must know exactly when it is available online, please send me a note . Daily Dose: Now that the upfronts are over, everyone around town will start scrambling to see the pilots for all the new shows.
March 3, 2013 |
When the first modern office buildings sprung up in America at the end of the 19th century, it was an unquestioned expectation that employees would show up for work there every day. Like the factory workers who came before them, office workers usually clocked in and out, and they sat at their desks - most arranged in highly regimented rows - from morning until early evening, under constant supervision. Even trips to the water cooler were often monitored. With the development of computers and more advanced telecommunications in the 1970s, some employees began to imagine a day when it might be possible to work from home, free from oversight and more in control of their work day. Today, working from home is becoming so common that the idea of making every employee come into the office five days a week seems almost tyrannical.
November 7, 2008 |
Microsoft Corp. isn't interested in acquiring Yahoo Inc., even after Yahoo Chief Executive Jerry Yang said the Internet company was willing to sell. There are no talks between the firms, a Microsoft spokesperson said. The software maker said it still stood by a statement last month that it "has no interest in acquiring Yahoo."
November 1, 2011 |
Yahoo Inc. agreed to buy Interclick Inc. for $270 million in cash to help advertisers reach online users with more targeted messages. Yahoo, which has been exploring its strategic options, may use the purchase to revive sales of display advertising, such as banner ads, which stalled last quarter. The deal comes as Yahoo is seeking a chief executive after it fired Carol Bartz in September. The Sunnyvale, Calif., company also has embarked on a strategy review as it grapples with competition from Google Inc. and Facebook Inc. Yahoo is leaning toward selling Asian assets and redistributing the proceeds to shareholders, rather than selling itself to a group of buyers, people familiar with the situation said.
April 4, 2012 |
This morning, 2,000 Yahoo employees will get word they're being laid off. The layoffs “are an important next step toward a bold, new Yahoo - smaller, nimbler, more profitable and better equipped to innovate as fast as our customers and our industry require,” Yahoo Chief Executive Scott Thompson said in a statement. The cuts at the Sunnyvale, Calif.-based company to its 14,100 workforce represents about a 14% reduction that the company estimates will save about $375 million annually after being completed later this year.
September 12, 2008 |
For the first time since it fought off an unsolicited takeover bid from Microsoft Corp., Yahoo Inc. on Thursday threw open its doors to give the media a glimpse of what it has planned to improve its waning fortunes. The event at its Sunnyvale, Calif., headquarters was all about Yahoo's new mantra: Be open. It featured a lineup of executives who showed off how they plan to redesign popular parts of Yahoo to include more content from elsewhere on the Web. Executives say the changes are designed to enhance the Yahoo experience for the company's more than 500 million users worldwide and for its advertisers.
September 10, 2008 |
Yahoo Inc. investors wanted action. So here's something to whet their appetite: The company has replaced its top U.S. advertising sales executive with well-known former Microsoft Corp. executive Joanne Bradford. Bradford comes to Yahoo via Los Angeles company Spot Runner Inc., which she joined in May to run national ad sales. Her title will be senior vice president of U.S. revenue and market development, reporting to Hillary Schneider, executive vice president of Yahoo's U.S. operations.
March 29, 2000 |
Electronic Arts Inc., Nintendo Co. and Sega Enterprises Ltd. sued Yahoo Inc. over the sale of counterfeit video game software sold through the Internet directory's Web site. The suit, filed in U.S. District Court in San Francisco, alleges that Yahoo is aware of the sales of pirated software, makes money because of them and has the ability to halt the sales. It seeks compensatory damages and an injunction halting the sales. Yahoo officials weren't immediately available to comment.