New Delhi: Yahoo's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash.
This is new Yahoo CEO Marissa Mayer's largest deal since taking the helm of the once-iconic Internet company in July 2012.
10 facts about Tumblr:
1. 26-year-old David Karp is Tumblr's founder and CEO....
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07:31 AM, May 20, 2013
San Francisco: Yahoo's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday. Such an acquisition would be Marissa Mayer's largest deal since taking the helm of the once-iconic Internet company in July 2012. Yahoo is keen on fast-growing Tumblr because its younger user base would bolster the...
06:55 AM, May 20, 2013
New York: Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she tries to attract more traffic and advertisers to the Internet company's website and mobile applications. The Sunnyvale, Calif, company's board of directors will meet on Sunday evening to consider approving a $1.1 billion acquisition of online content-sharing site Tumblr in a deal Mayer negotiated, according to the...
11:50 PM, May 19, 2013
Bangalore: Yahoo Japan Corp said on Friday night it suspected that up to 22 million of its user IDs may have been "leaked" and it detected an unauthorised attempt to access the administrative system of its web portal Yahoo Japan, the Kyodo news agency reported. The leaked information does not include passwords and data necessary for identity verification to reset passwords, the agency said. The company detected the access attempt...
02:51 PM, May 18, 2013
New York: Yahoo CEO Marissa Mayer is promising to unveil "something special" on Monday in New York as she tries to attract more traffic and advertising to the Internet company. The Sunnyvale, California, company gave no further details Friday other than that Mayer will be discussing a product. Reporters are being invited to attend the 5 p.m. event at a lounge located in New York's Times Square. Mayer has been...
11:10 AM, May 18, 2013
New York: Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she tries to attract more traffic and advertisers to the Internet company's website and mobile applications. The Sunnyvale, California, company's board of directors will meet Sunday evening to consider approving a $1.1 billion acquisition of online content-sharing site Tumblr in a deal Mayer negotiated, according to the technology...
10:43 AM, May 18, 2013
New Delhi: The Ministry of Home Affairs told a Delhi court that the US authorities are unable to "execute" the request for assistance in serving summons to 11 US-based websites, including Facebook and Google, accused of promoting class enmity and undermining national integrity. The MHA told Metropolitan Magistrate Jay Thareja that they have received a communication dated March 20, 2013 from the US Department of Justice according to which they...
07:29 PM, May 03, 2013
San Francisco: Yahoo Inc has increased the amount of paid leave new parents can take, bringing the Internet company closer to the policies of some of its Silicon Valley peers from which it hopes to lure engineers. The new policy marks the latest move by Chief Executive Marissa Mayer, who had her first child two months after taking over in July, to revamp the struggling Internet company. The 37-year old...
10:10 AM, May 01, 2013
New York: Yahoo's latest slate of original programming is led by Ed Helms as a 4-inch-tall crime fighter. "Tiny Commando," created by the "The Office" star, was unveiled Monday night in a presentation by Yahoo to advertisers in New York. It stars Helms, along with Zachary Levi, of "Chuck," and Gillian Jacobs, of "Community." Following in Netflix's footsteps, Yahoo will simultaneously release all episodes of "Tiny Commando" and other comedy...
10:38 AM, Apr 30, 2013
Yahoo Inc Chairman Fred Amoroso is resigning effective immediately, the struggling Internet company announced on Thursday. Amoroso will be replaced in the chairman role by director Maynard Webb Jr on an interim basis until the company's annual shareholder meeting on June 25. Amoroso, a former IBM Corp executive, will remain on the board of directors until the meeting, Yahoo said. In a statement on Thursday, Amoroso said he had informed...
04:26 AM, Apr 26, 2013
San Francisco: Google Inc has acquired Wavii, the Seattle-based startup behind a news summarisation app, for roughly $30 million in cash, a person with knowledge of the matter said Tuesday. Google's successful bid came after Apple Inc had expressed interest in buying Wavii to incorporate the startup's natural language technology into Siri, Apple's voice-activated personal assistant feature, said the person, who declined to be named because the deal has not...
08:25 AM, Apr 24, 2013
San Francisco: Yahoo's email service in China will close this summer as part of an arrangement worked out with its partner in that country, Alibaba Group. The service is scheduled to close August 19. Yahoo is recommending users of its free email service in China transfer their accounts to another provider such as Aliyun, an email alternative offered by Alibaba. Yahoo Inc., based in Sunnyvale, California, has been phasing out...
10:04 AM, Apr 23, 2013
San Francisco: Yahoo is taking the next step in its effort to make some of its most popular services more appealing and accessible to the growing audience connecting to the Internet on smartphones and tablet computers. The mobile push being orchestrated by CEO Marissa Mayer has hatched Yahoo's first email application for Apple's iPad and other tablet computers running on Google's Android software. Yahoo also has created a new weather...
06:51 AM, Apr 19, 2013
Yahoo Inc has snapped up mobile news aggregator Summly, the latest in a string of small acquisitions intended to bolster the Web portal's mobile services. ...
10:17 AM, Mar 26, 2013
Yahoo Inc acquired a small mobile start-up company that was founded by former employees of the struggling Web portal two years ago. ...
11:33 AM, Mar 21, 2013
Yahoo Inc is in talks to acquire a controlling stake in Dailymotion, one of the world's most popular online video websites, in what would be Yahoo CEO Marissa Mayer's largest deal since taking the reins in July, the Wall Street Journal reported on Tuesday. ...
09:53 AM, Mar 20, 2013
The decision by Yahoo CEO Marissa Mayer to ban work from home plans has set off a debate. ...
12:43 PM, Mar 06, 2013
Yahoo Inc is shutting down seven products, including its mobile app for Blackberry smartphones, as new Chief Executive Marissa Mayer takes a page from Google Inc's play book by eliminating unsuccessful products en-masse. ...
11:46 AM, Mar 02, 2013
An internal memo at Yahoo introducing a ban on working from home has sparked a debate on whether remote working leads to greater productivity and job satisfaction or kills creativity and is just a chance to slack off. ...
07:36 AM, Feb 27, 2013
The new look Yahoo will roll out to US users over the next few days. ...
07:35 PM, Feb 20, 2013
