Posts Tagged ‘yahoo’

Bitcoin, Schmitcoin — Tech Stocks Also on a Frothy Run

November 29, 2013  |  All Things Digital  |  No Comments

While the stock market was only open a half-day today, it was still a solid one for Internet stocks as the market enters its final month of 2013. Most showed gains yesterday, with Apple, Amazon and Twitter all up almost two percent. But that does not tell the story of how well shares of tech companies have been doing throughout the year — most are up significantly, seeing big jumps. For the year-to-date, most well-known issues are up, including: LinkedIn, up more that 95 percent; Facebook, up over 76.5 percent; Yahoo, up 83 percent; Amazon, up 57 percent; Google, up close to 50 percent; and even perpetually stagnant Microsoft, up close to 43 percent. Apple lagged, up only 4.5 percent, and Twitter remains below its November IPO price, down 7.4 percent. Even suffering Groupon and Zynga did well, up more than 86 percent and 84 percent respectively. The past three months have not been as strong, though, with Amazon leading the pack with a 38.6 percent rise. It was followed by Yahoo, up 35.3 percent; Google, up close to 34 percent; Facebook and Microsoft, up close to 14 percent; and Apple, up just over 13 percent. LinkedIn declined just over seven percent in the period, not a surprise, given its spectacular rise since it went public in mid-2011. What the rest of the year and 2014 will bring is anyone’s guess, of course, but there are expected to be a spate of IPOs in the first half of the new year, most notably China’s Alibaba Group, whose stellar performance should continue to boost Yahoo’s stock.

Read More

I Shot the Serif — Why Didn’t Anyone Notice the Tumblr Logo Change?

November 26, 2013  |  All Things Digital  |  No Comments

While everyone was riveted to the change in Yahoo’s logo earlier this fall — mostly due to a monthlong Cecil B. DeMille rollout of the logos not used, followed by the I-made-it-myself grand unveiling by CEO Marissa Mayer — no one seems to have noticed a subtle but significant change to the look of the logo of another of the Silicon Valley Internet giant’s properties. That would be Tumblr, the high-profile New York-based blogging network that Yahoo bought for more than $1 billion in late May . And though it was not touted, the logo changed in mid-October, during an update of Tumblr’s dashboard. Along with making it more clean, several of the logo’s letters had their serifs squared up, in a move not dissimilar to the Yahoo logo change. In other words, some new sharp and straight lines, versus softer ones — mostly all-serif, but some sans-serif thrown in at the same time. Here’s the old Tumblr logo: And here’s the new one: I like this change a lot, almost as much as I did not like the new Yahoo logo. Then again, I am no font expert, and there’s no accounting for taste.

Read More

Katie Couric Bolts to Yahoo

November 25, 2013  |  Media Week  |  No Comments

Confirming what may have been the worst-kept secret in recent memory, Yahoo CEO Marissa Mayer on Monday officially announced that Katie Couric is joining the company as global anchor. In a Yahoo Tumblr post titled

Read More

Katie Couric Deal to Become Yahoo’s "Global News Anchor" Set to Be Announced Monday

November 23, 2013  |  All Things Digital  |  No Comments

As AllThingsD had first reported in August that it was working on, Yahoo is poised to announce a deal with well-known television news star Katie Couric to do a high-profile online interview show on its home page. The deal is set to be announced on Monday, said multiple sources at the company, which could designate Couric as “global news anchor” of the Silicon Valley Internet giant. That title could change, of course. So could the deal or its timing, although it seems set now after months of negotiations with ABC News, which is both Yahoo’s online news partner and Couric’s current home network. It’s not clear when the show itself will debut, though. It is likely to center on exclusive interviews with a range of high-profile celebrities, business execs and more, done by Couric specifically for the Web and prominently featured on Yahoo’s heavily trafficked main page. There have been negotiations among the trio over many months, since Disney-owned ABC apparently holds rights to Couric’s digital output for the term of her ongoing contract. Some news outlets are reporting that Couric will leave her special correspondent job at ABC, where she has not actually appeared much. She also has a syndicated talk show that runs through the end of the season. It’s the latest flashy move by CEO Marissa Mayer to try to goose the staid image of Yahoo and provide users with unique reasons to come to Yahoo. Couric and other content initiatives are part of a larger plan to differentiate the site. Mayer has spearheaded the latest efforts herself, using her own tech celeb status, including hiring the New York Times’ tech reviewer David Pogue for a new tech site and also engaging in talks with well-known TV personality and producer Ryan Seacrest about possible ideas. As I noted in a previous post: This has been tried by the Silicon Valley Internet giant many times before, mostly without a lot of groundbreaking

Read More

Yahoo Increases Share Buyback Plan to $5 Billion and Announces Debt Deal

November 19, 2013  |  All Things Digital  |  No Comments

Yahoo’s board, which just met, has increased its shares buyback authorization by $5 billion, a move which should keep its already Alibaba-lifted stock in place for the short-term. The Silicon Valley Internet giant also it was doing a $1 billion debt offering of convertible senior notes and said it intends to use the money for things like stock buybacks and possible acquisitions. Yahoo has been aggressively purchasing its own stock under the tenure of CEO Marissa Mayer.

Read More

Could Google or Tencent Beat Facebook to Buying Snapchat?

November 15, 2013  |  All Things Digital  |  No Comments

Right now, Snapchat is having its “belle of the ball” moment. The mobile messaging service — which lets users exchange photos and video that disappear after a few seconds — is being courted by Facebook . It has long been an app that CEO Mark Zuckerberg lusted after. Thursday afternoon brought another turn of the screw. Valleywag reported that Google could also possibly be considering taking a run at Snapchat, matching Facebook’s $3 billion to $3.5 billion offer. Google and Facebook aren’t commenting, but sources said that Google has indeed expressed some interest in a deal. Tencent, the Chinese consumer Internet company, has also been eyeballing the company, according to sources. I don’t know Snapchat’s fate, and from what I’ve been told, Snapchat CEO Evan Spiegel himself is unsure of it. But it got me thinking — whether they’re in the running or not, which companies are most likely to go after the fast-growing Snapchat? Let’s go down the list. Facebook : Zuckerberg wants Snapchat bad . So bad, in fact, that he tried — and failed — to clone the app outright . Sources familiar with the matter have described the Facebook CEO as “obsessed” with Snapchat and the idea of ephemeral messaging.

Read More

The Marissa Mayer Show Needs a Rewrite

November 13, 2013  |  Variety  |  No Comments

Now that she’s been booked for a keynote address the  Consumer Electronics Show in January, Yahoo CEO Marissa Mayer should look to it as an opportunity to present a different side to her than what she’s shown the public lately. Take last week, when “Hunger Games” star Jennifer Lawrence did a whirlwind tour of Silicon... Read more

Read More

Yahoo’s Mayer, Cisco’s Chambers Join Lineup of CES 2014 Keynote Speakers

November 13, 2013  |  All Things Digital  |  No Comments

The Consumer Electronics Association said Tuesday that Cisco CEO John Chambers and Yahoo CEO Marissa Mayer will be among the keynote speakers at CES 2014 in Las Vegas next January. Chambers and Mayer join Intel CEO Brian Krzanich, Audi Chairman Rupert Stadler and Sony CEO Kaz Hirai.

Read More

Seven Questions for Lance Crosby, CEO of SoftLayer, IBM’s New Cloud Company

November 11, 2013  |  All Things Digital  |  No Comments

Computing giant IBM has been promising to become a significant player in the cloud computing services business for several years. But, for most of the time it has been saying that, it has been something considerably less than a significant player. That was before June, when IBM paid about $2 billion for SoftLayer the Dallas-based cloud computing services player, a distant rival to the industry’s 800-pound gorilla, Amazon Web Services. (SoftLayer had been privately held, and the actual price IBM paid was never disclosed.) Since then, IBM has started reminding the world about its aims in the cloud space. On a recent earnings call, CFO Mark Loughridge (who just announced plans to retire ) reiterated Big Blue’s goal that it expects to book $7 billion in cloud revenue by 2015. And there are hints that it will get there. When it last reported earnings , IBM said it had achieved more than $1 billion in cloud-related sales: About $460 million from cloud services, and about $610 million from IBM hardware, software and services to setting up cloud operations for IBM customers. SoftLayer is turning out to be the central thrust of those cloud efforts. Since the deal was done in June, it has added 1,000 new customers — it already had more than 20,000 — with companies as varied as Yahoo’s social blogging unit Tumblr, local-review site Yelp, and social photo-sharing site Twitpic among them. In fact, Big Blue is feeling so sure of its newfound cloud cred that it has started to run uncharacteristically aggressive ads taking shots at Amazon. In the ads, it claims that its cloud technology is behind 270,000 more websites than Amazon’s. Yet even with that new cred, IBM recently lost out on a high-profile bid to run cloud computing services for the U.S. Central Intelligence Agency , a deal worth $600 million. As Amazon gets its big re:Invent conference under way this week — I spoke to AWS head Andy Jassy in an interview published on Friday — it seemed a good moment to check in with SoftLayer CEO Lance Crosby. My first question was about his view on the state of competition. AllThingsD: Since SoftLayer has become part of IBM, the competitive map has obviously changed. How do you see it now? Crosby : Obviously, Amazon and SoftLayer competed head to head for some time prior to the acquisition. It was our fiercest competitor. Part of the reason that we looked at doing the deal was to address one of the problems we had, which was that we didn’t have the brand-name recognition

Read More