Posts Tagged ‘yahoo’

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.

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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

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Realities of Performance Appraisal

November 9, 2013  |  All Things Digital  |  No Comments

Much has been written recently about performance ratings and management at some large and successful companies. Amazon has surfaced as a company implementing OLRs, organization and leadership reviews, which target the least effective 10% of an organization for appropriate action. Yahoo recently implemented QPRs, quarterly performance reviews, which rates people as “misses” or “occasionally misses” among other ratings. And just so we don’t think this is something unique to tech, every year about this time Wall St firms begin the annual bonus process which is filled with any number of legendary dysfunctions given the massive sums of money in play. Even the Air Force has a legendary process for feedback and appraisal. Read the rest of this post on the original site »

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Realities of Performance Appraisal

November 9, 2013  |  All Things Digital  |  No Comments

Much has been written recently about performance ratings and management at some large and successful companies. Amazon has surfaced as a company implementing OLRs, organization and leadership reviews, which target the least effective 10% of an organization for appropriate action. Yahoo recently implemented QPRs, quarterly performance reviews, which rates people as “misses” or “occasionally misses” among other ratings. And just so we don’t think this is something unique to tech, every year about this time Wall St firms begin the annual bonus process which is filled with any number of legendary dysfunctions given the massive sums of money in play. Even the Air Force has a legendary process for feedback and appraisal. Read the rest of this post on the original site »

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AllThingsD Week in Review: Twitter’s Product Problem and Ballmer Keeps His Microsoft Shares

November 9, 2013  |  All Things Digital  |  No Comments

In case you missed anything, here’s a quick roundup of some of the news that powered AllThingsD this week: It’s official: Twitter is now a publicly traded company, with its IPO pricing Wednesday at $26 per share, hitting the NYSE on Thursday with a first-day pop up to $45 a share , before closing the week at $42.50. Even at $26, Twitter still raised quite a bit of money , giving a hefty paper net worth to its top executives. But is Twitter agile enough to fix its product problem , now that it’s answering to both users and public investors? As of Monday, BlackBerry is no longer trying to sell itself and is in the process of replacing CEO Thorstein Heins. The buyout bid’s failure sent BBRY shares into the floor , while Heins’s exit package adds up to between $7 million and $22 million . Despite its recent struggles, BlackBerry will not shut down its mobile handset business, according to interim CEO John Chen. Google’s Nexus 5 is the first Android phone to run the latest version of the mobile operating system, KitKat. But are the phone and the OS any sweeter? Walt Mossberg writes, “ I like both, though neither is an especially bold leap forward in features.” “Our business does not depend on collecting personal data ,” Apple writes in a formal report on federal government data requests — the first such report published by a tech company in the wake of the Snowden/NSA scandal

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Yahoo’s Mayer Now Chit-Chatting With Ryan Seacrest About Content Ideas

November 5, 2013  |  All Things Digital  |  No Comments

Yahoo CEO Marissa Mayer is tearing her way through the content celebrities, it seems. First, news star Katie Couric . Then, prominent tech reviewer David Pogue . Now, it seems, she has engaged herself in preliminary discussions with Ryan Seacrest’s multi-pronged entertainment production company about what one source called “interesting business opportunities.” Oooh, I like interesting! Maybe a singing competition? Nope, he’s been there. Maybe a radio show? Yipes, he’s done that

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A Blueprint for a Massive Mobile Company

November 5, 2013  |  All Things Digital  |  No Comments

Image copyright Abraham Williams It sounds cliche, but mobile is the single-biggest secular technology platform shift of our time. It’s so big, it bears repeating, and for entrepreneurs (and investors like me), presents edge-of-our-seats opportunities waiting to be unlocked. This is no surprise, of course, as every big company and small startup is trying to focus on mobile. With so much competition in the mobile world, entrepreneurs could benefit by knowing a secret, and in this post, I will share one secret I’ve uncovered through my years of being a mobile entrepreneur and working on the “Facebook Home” team at the social network. This secret, I believe, could unlock an ever-lasting, durable, mobile technology company, not just an app someone launches on their phones and forgets about. I’ll cut to the chase: The secret is that there’s an opportunity for a mobile-focused startup to build the equivalent of Google’s Chrome Browser

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Lockerz, Though Not Quite Dead, Raises $9 Million to Shift Focus to New Shopping Site Ador

October 31, 2013  |  All Things Digital  |  No Comments

In the spring, reports surfaced that social commerce and photo-sharing service Lockerz was behind a new shoppable digital magazine called Ador . Now, a new filing with the SEC published online today sheds more light. Lockerz has rebranded its corporate name to Ador, and has raised $9 million of a possible $25 million round, the filing said. Despite the document’s wording, Lockerz.com is still operational. In an interview, Q Shay, who identified himself as Ador’s chief operating officer, said that the company had considered shutting Lockerz.com completely, but that it currently has enough repeat visitors to justify keeping it up and running. At the same time, the vast majority of spending will be invested into Ador.com going forward, not Lockerz, he said. Shay described the funding as a rights offering to its existing shareholders, which have included Kleiner Perkins and DAG Ventures. The Ador site pulls in images of celebrities and models from fashion blogs and then surfaces either the exact clothes and accessories worn in the photos or ones similar to them. Ador users can then click through to the site where the product is sold to purchase the item, with Ador getting a cut through affiliate networks. The service joins a crowded field of startups focused on creating a browsable shopping experience for the digital age. “In our case, we are taking a far different approach and really focusing on a specific audience … those primarily interested in fashion,” said product chief Max Ciccotosto. Shay acknowledged that there were layoffs earlier this year, but said the company has been hiring recently as it readied for Ador’s public launch earlier this month

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Tech Veteran Katie Mitic Joins Restoration Hardware Board

October 31, 2013  |  All Things Digital  |  No Comments

Katie Mitic, a veteran of Facebook, Yahoo and Palm who is now CEO of Three Koi Labs, is joining Restoration Hardware’s board of directors , the company announced today. Mitic, who also serves on eBay’s board of directors, joins Restoration Hardware several years into a turnaround effort that has seen it rebrand as RH and move its focus toward higher-end furnishings.

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Departing Skype Exec Gillett to Become Head of "Value Creation" at Silver Lake

October 28, 2013  |  All Things Digital  |  No Comments

Earlier today, I broke the news that top Skype exec Mark Gillett was leaving the Microsoft-owned telephony unit. The internal memo I referenced did not say, where he was headed, but apparently it is back to a place he has worked before: Private equity giant Silver Lake. (Mystery managed , as the British Gillett might say!) He will become head of value creation there in December, replacing Charles Giancarlo, who will transition into a senior advisor role. Until today, Gillett was corporate VP at Skype and Lync at Microsoft, in charge of its product, engineering and operations globally and managed 2,500 developers. He had been at Skype since before Microsoft bought it in 2011. He had previously led Silver Lake value creation team in Europe, with the deal for Skype being his most prominent effort. “Mark’s accomplishments at Skype have transformed the company,” said Silver Lake managing partner Egon Durban in a statement. “He is poised to make a significant contribution to our portfolio companies going forward.” At Silver Lake, according to a press release, Gillett will “lead the firm’s value creation activities as Silver Lake professionals continue to partner with the senior management of portfolio companies to refine and evolve business and technology strategy, enhance operational performance and accelerate business transformation.” (I have no idea what that means, but it sounds important.) Giancarlo, who is a well-known tech exec, is expected to eventually move to a top operational job at a company. His name had been raised as a possible CEO of Yahoo, for example, among others. He will remain at Silver Lake through the end of the year, before taking up his advisory role.

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