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Jan 16, 2014

Latest perk on Google buses: security guards

SAN FRANCISCO (Reuters) – First, San Francisco-based commuters to Google Inc got buses with plush seats and free WiFi. Now, they are getting security.

In recent days, men with earpieces have closely monitored passengers boarding Google commuter buses at the site of at least one bus stop in San Francisco’s Mission District. Their presence comes a few weeks after Google buses were targeted by protesters who blame tech-industry employees for rising city rents.

Jan 16, 2014

Yahoo COO de Castro departs; no reason given

SAN FRANCISCO (Reuters) – Yahoo Inc chief operating officer Henrique de Castro, the high-profile recruit Chief Executive Officer Marissa Mayer poached from Google Inc shortly after she took the helm, will leave on Thursday after about a year on the job.

Yahoo did not give a reason for his departure in a Wednesday filing, but in an unusually blunt memo to Yahoo staff obtained by the Recode technology blog Mayer said she had fired him.

Jan 14, 2014

Google gains entry to home and prized team with $3.2 bln Nest deal

SAN FRANCISCO, Jan 13 (Reuters) – Google Inc took
its biggest step to go deeper into consumers’ homes, announcing
a $3.2 billion deal to buy smart thermostat and smoke
alarm-maker Nest Labs Inc, scooping up a promising line of
products and a prized design team led by the “godfather” of the
iPod.

Nest will continue to operate as its own distinct brand
after the all-cash deal closes, Google said on Monday.

Jan 13, 2014

Google to acquire Nest for $3.2 billion in cash

SAN FRANCISCO (Reuters) – Google Inc on Monday announced plans to acquire Nest Labs Inc, a maker of smart thermostats and smoke alarms, for $3.2 billion, signaling the Internet company’s intention to expand into a broader array of devices and bringing valuable hardware design expertise in-house.

Nest, which was co-founded by one of the creators of Apple Inc’s iconic iPod music player, will continue to operate as its own distinct brand after the all-cash deal closes, Google said.

Jan 9, 2014

Google linking of social network contacts to email raises concerns

SAN FRANCISCO (Reuters) – A new feature in Google Inc’s Gmail will result in some users receiving messages from people with whom they have not shared their email addresses, raising concerns among some privacy advocates.

The change, which Google announced on Thursday, broadens the list of contacts available to Gmail users so it includes both the email addresses of their existing contacts, as well as the names of people on the Google+ social network. As a result, a person can send an email directly to friends, and strangers, who use Google+.

Jan 7, 2014

Yahoo CEO unveils handful of new products to big CES crowd

LAS VEGAS/SAN FRANCISCO, Jan 7 (Reuters) – Yahoo Inc
Chief Executive Marissa Mayer unveiled a handful of new
products, including a competitor to Google Inc’s
predictive search technology for smartphones, in a debut
appearance at the Consumer Electronics Show that drew a big
crowd.

The former Google executive who took the reins at Yahoo in
the summer of 2012, has moved aggressively to revamp the
struggling Internet company’s business with product makeovers,
acquisitions and a renewed focus on its media offerings.

Jan 7, 2014

Twitter co-founder puts social twist on search with new mobile service

SAN FRANCISCO, Jan 7 (Reuters) – One of the creators of
Twitter Inc unveiled a new mobile service called Jelly
on Tuesday, hoping for another hit product in what has become an
increasingly crowded field of social and mobile products.

The Jelly smartphone app seeks to improve the way people
search for and find information, by querying people instead of
Internet search engines.

Dec 29, 2013

Analysis: After Web stocks boom, investors wary but rout unlikely

SAN FRANCISCO/NEW YORK (Reuters) – For investors in internet stocks, it was a banner year: shares of many companies doubled as revenue climbed and on forecasts for rip-roaring growth in earnings. But the gains haven’t been anxiety-free, thanks to uncomfortable memories of the 1999 Internet bubble and subsequent bust.

Market strategists and tech experts say the comparison is overblown. While there is the potential for a decline in some Web company stock prices that are out of line with their earnings outlook, they say there is little chance of a bloody retreat.

Dec 29, 2013

After Web stocks boom, investors wary but rout unlikely

SAN FRANCISCO/NEW YORK, Dec 29 (Reuters) – For investors in
internet stocks, it was a banner year: shares of many companies
doubled as revenue climbed and on forecasts for rip-roaring
growth in earnings. But the gains haven’t been anxiety-free,
thanks to uncomfortable memories of the 1999 Internet bubble and
subsequent bust.

Market strategists and tech experts say the comparison is
overblown. While there is the potential for a decline in some
Web company stock prices that are out of line with their
earnings outlook, they say there is little chance of a bloody
retreat.

Dec 20, 2013

Protesters block Apple, Google buses in San Francisco area

SAN FRANCISCO, Dec 20 (Reuters) – Protesters blocked buses
said to be operated by Google Inc and Apple Inc
in San Francisco and Oakland on Friday, the latest sign
of a growing backlash against the booming tech industry’s
impact, especially on access to affordable housing in the
region.

About 40 protesters surrounded a corporate bus in the
Mission district as it was picking up employees for the morning
commute, preventing it from leaving for about 30 minutes.

    • About Alexei

      "I write about Internet companies including Google, Yahoo and Facebook. I’ve covered technology and business for more than ten years at publications including TheStreet.com, CNET and The Industry Standard magazine."
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