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May 7, 2013

Microsoft extends Yahoo’s U.S. search revenue guarantee

SAN FRANCISCO, May 7 (Reuters) – Microsoft Corp
extended the revenue guarantee it provides to Yahoo Inc
in the companies’ underperforming search partnership, Yahoo said
on Tuesday.

The U.S. revenue-per-search guarantee, which had expired on
March 31, will be extended for one year, and took effect on
April 1, Yahoo said in its 10Q filing with the Securities and
Exchange Commission on Tuesday.

May 2, 2013

LinkedIn second-quarter revenue forecast falls short of targets

SAN FRANCISCO (Reuters) – LinkedIn Corp shares fell 10 percent on Thursday as its revenue forecast missed the high bar that Wall Street had set for the fast-growing social media company.

The online social network for professionals said current-quarter revenue would range from $342 million to $347 million, below the $359.3 million expected on average by analysts, according to Thomson Reuters I/B/E/S.

May 2, 2013

LinkedIn Q2 revenue forecast falls short of targets

SAN FRANCISCO, May 2 (Reuters) – LinkedIn Corp
shares fell 10 percent on Thursday as its revenue forecast
missed the high bar that Wall Street had set for the
fast-growing social media company.

The online social network for professionals said
current-quarter revenue would range from $342 million to $347
million, below the $359.3 million expected on average by
analysts, according to Thomson Reuters I/B/E/S.

May 1, 2013

Facebook’s mobile business expands in first quarter

By Alexei Oreskovic

(Reuters) – Facebook Inc’s mobile advertising business continued to expand in the first three months of the year, but the social network’s rising spending restrained profit growth.

Shares of Facebook were up 11 cents at $27.54 in after-hours trading on Wednesday.

May 1, 2013

Yahoo scraps Dailymotion bid after French government concerns: reports

SAN FRANCISCO (Reuters) – Yahoo Inc has abandoned an effort to acquire a majority stake in online video website Dailymotion due to objections by the French government, according to media reports, scrapping what would have been the biggest deal in the 10-month tenure of Yahoo CEO Marissa Mayer.

Yahoo had been in talks to buy a 75 percent stake in Dailymotion, owned by telecommunications company France-Telecom Orange, in a deal that would have valued the video website at $300 million.

May 1, 2013

Yahoo scraps Dailymotion bid after French govt concerns -reports

SAN FRANCISCO, April 30 (Reuters) – Yahoo Inc has
abandoned an effort to acquire a majority stake in online video
website Dailymotion due to objections by the French government,
according to media reports, scrapping what would have been the
biggest deal in the 10-month tenure of Yahoo CEO Marissa Mayer.

Yahoo had been in talks to buy a 75 percent stake in
Dailymotion, owned by telecommunications company France-Telecom
Orange, in a deal that would have valued the video website at
$300 million.

Apr 30, 2013

Yahoo expands paid maternity, paternity benefits

SAN FRANCISCO, April 30 (Reuters) – 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 executive has been under a public spotlight that has
placed her at the center of a growing debate about gender
equality in the workplace.

Apr 30, 2013

Jawbone acquires BodyMedia for more than $100 million: source

SAN FRANCISCO (Reuters) – Jawbone acquired BodyMedia Inc, the maker of weight-monitoring arm bands, for more than $100 million, according to a person familiar with the matter.

The deal will help Jawbone’s efforts to bolster its position in the wearable technology market, with nearly 300 pending and issued patents, the company said on Tuesday. Pittsburgh-based BodyMedia’s 60 employees will join Jawbone as part of the deal.

Apr 29, 2013

Google Now comes to iPhone, challenging Siri

SAN FRANCISCO (Reuters) – Google Inc (GOOG.O: Quote, Profile, Research) is bringing its Google Now technology to the iPhone, where it will compete head-on with Apple Inc’s (AAPL.O: Quote, Profile, Research) Siri to serve as the primary service that smartphone users rely on to get everything from weather updates to traffic forecasts.

Google Now, which made its debut last year on mobile devices powered by Google’s Android operating system, will be available as a feature in the new version of the Google Search app for iPhones and iPads starting on Monday.

Apr 29, 2013

Google Now comes to iPhone, challenging Apple’s Siri

SAN FRANCISCO, April 29 (Reuters) – Google Inc is
bringing its Google Now technology to the iPhone, where it will
compete head-on with Apple Inc’s Siri to serve as the
primary service that smartphone users rely on to get everything
from weather updates to traffic forecasts.

Google Now, which made its debut last year on mobile devices
powered by Google’s Android operating system, will be available
as a feature in the new version of the Google Search app for
iPhones and iPads starting on Monday.

    • 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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