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Mar 12, 2013

Yahoo’s Mayer gets internal flak for more rigorous hiring

SAN FRANCISCO, March 12 (Reuters) – Yahoo Inc Chief
Executive Marissa Mayer was asked at an all-staff meeting
several weeks ago whether her rigorous hiring practices had
caused the company to miss out on top engineering talent in
Silicon Valley’s hyper-competitive job market.

Mayer dismissed the complaint that she had refused good
candidates because they did not have degrees from prestigious
universities, and instead she challenged her staff to get better
at recruiting, according to an employee who was at the meeting.

Mar 12, 2013

Pinterest offers new tool, lays base for money-making features

SAN FRANCISCO, March 12 (Reuters) – Online scrapbook
Pinterest is rolling out new tools that will show businesses the
number of visitors it delivers to their websites, part of the
fast-growing start-up’s efforts to build a base for the
introduction of money-making features.

Pinterest does not currently display any revenue-generating
advertising on its website, but retailers and large brands such
as The Gap, Patagonia and Dell are increasingly using the site
to promote their products.

Mar 8, 2013

Google nears $7 million settlement with U.S. states over Wifi incident: source

SAN FRANCISCO (Reuters) – Google Inc is nearing a $7 million settlement with some 30 U.S. states over a 2010 incident in which its Street View mapping cars collected passwords and other personal data from home wireless networks, according to a person familiar with the matter.

The announcement of the settlement is expected to be made by the states early next week, according to the person, though some of the final details of the deal were still being hammered out on Friday. Google has said the incident was a mistake.

Mar 8, 2013

Google nears $7 mln settlement with U.S. states over Wifi incident-source

SAN FRANCISCO, March 8 (Reuters) – Google Inc is
nearing a $7 million settlement with some 30 U.S. states over a
2010 incident in which its Street View mapping cars collected
passwords and other personal data from home wireless networks,
according to a person familiar with the matter.

The announcement of the settlement is expected to be made by
the states early next week, according to the person, though some
of the final details of the deal were still being hammered out
on Friday. Google has said the incident was a mistake.

Mar 8, 2013

Facebook puts focus on photos in new look; may boost ads

MENLO PARK, California (Reuters) – Facebook Inc introduced the biggest change in years to its popular newsfeed on Thursday, with a new look and focus on photos that is expected to make the social network more ad-friendly and may entice users to spend more time on the website.

The changes to the newsfeed, whose look and feel had remained largely unchanged since Facebook’s inception, include a division into several sections, with separate areas for photographs and music.

Mar 7, 2013

Facebook facelift feeds mobile appetite

MENLO PARK, California (Reuters) – Facebook Inc (FB.O: Quote, Profile, Research) introduced a visually richer, mobile device-oriented “newsfeed” on Thursday, in the most significant changes to date for the social network’s most recognizable feature.

The changes to the newsfeed, whose look and feel has remained largely unchanged since its inception, include a division into several sections, with separate areas for photographs and music. They will begin rolling out in limited fashion from Thursday.

Mar 7, 2013

Facebook facelift feeds mobile appetite, may appeal to advertisers

MENLO PARK, California (Reuters) – Facebook Inc introduced a visually richer, mobile device-oriented “newsfeed” on Thursday, in the most significant changes to date for the social network’s most recognizable feature.

The changes to the newsfeed, whose look and feel has remained largely unchanged since its inception, include a division into several sections, with separate areas for photographs and music. They will begin rolling out in limited fashion from Thursday.

Mar 6, 2013

Facebook taps Genentech veteran for board

SAN FRANCISCO, March 6 (Reuters) – Facebook Inc
appointed a former Genentech executive to its board of directors
on Wednesday, the social networking company’s latest move to
expand its boardroom following its initial public offering last
May.

Susan Desmond-Hellman, the Chancellor of the University of
California, San Francisco, becomes Facebook’s ninth director and
the second woman on its board.

Mar 5, 2013

Ex-Yahoo executive says company tried to “cheat” him – lawsuit

SAN FRANCISCO, March 4 (Reuters) – The founder of a company
acquired by Yahoo Inc for $270 million said in a
lawsuit filed on Monday that Yahoo tried to “cheat” and
“humiliate” him by firing him at a bar weeks before his first
retention bonus was due.

The plaintiff, Michael Katz, said he was promised several
annual payments of $1.35 million, as well as other compensation,
when his online advertising company Interclick was acquired by
Yahoo in December 2011, according to the lawsuit filed in New
York state court.

Mar 2, 2013

Yahoo to shut down seven products, including Blackberry app

SAN FRANCISCO, March 1 (Reuters) – 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.

The product shutdowns, which Yahoo announced on its official
company blog on Friday, are part of what the company said are
regular efforts to evaluate and review its product line-up.

    • 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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