Yahoo to weigh deals for Asian assets: sources
NEW YORK/SAN FRANCISCO (Reuters) – Yahoo Inc is considering a plan to unload most of its prized Asian assets in a complex deal valued at roughly $17 billion, sources familiar with the matter said on Wednesday, winning nods of approval from Wall Street and driving its shares higher.
The offer – the latest among proposals put forth in recent months to resuscitate the once high-flying Internet company – is expected to be considered by Yahoo’s board on Thursday, sources said.
Glimpses of Carol Bartz legacy in Yahoo’s rollout of expanded Facebook integration
Yahoo is expanding its Facebook “frictionless sharing” capabilities, letting users of its entertainment websites automatically broadcast their reading habits across Facebook’s social network.
Yahoo websites including Yahoo Movies, Yahoo TV and omg! – Yahoo’s celebrity gossip site – will now offer the type of Facebook integration that Yahoo introduced for Yahoo News earlier this year.
The value of Google’s Firefox browser deal
Google has thrown the creators of the Firefox Web browser a lifeline.
On Tuesday, Firefox-maker Mozilla announced that it had renewed a “mutually beneficial revenue agreement” with Google for at least three more years.
The deal basically means that Google remains the default search engine built-in to the Firefox Web browser, a privilege for which Google pays Mozilla an unspecified fee.
Facebook: home (at last) for the holidays
Courtesy: Facebook
Since it was created in a Harvard dorm room in 2004, Facebook has moved its homebase around many times, relocating to the West coast and bouncing from building to building in Silicon Valley as its ranks have grown.
Now the company has finally settled down. Facebook said it had completed the move into its new corporate headquarters in Menlo Park, with the final wave of employees reporting for duty at the new office Monday morning.
Google CEO’s inner circle: Meet the L Team
SAN FRANCISCO, Dec 16 (Reuters) – The most powerful group at
Google Inc (GOOG.O: Quote, Profile, Research) used to be known simply as “The OC,” short
for operating committee. Now, it goes by a more telling name: “L
Team,” short for Larry’s Team.
The change is more than a mere rebranding after Google
co-founder Larry Page became chief executive nine months ago,
reclaiming a title he last held in 2001. Page has moved quickly
to remake the company in his image, and this influential group
is responsible for plotting strategic priorities, such as social
networking and mobile computing.
Exclusive: Google CEO’s inner circle: Meet the L Team
SAN FRANCISCO (Reuters) – The most powerful group at Google Inc used to be known simply as “The OC,” short for operating committee. Now, it goes by a more telling name: “L Team,” short for Larry’s Team.
The change is more than a mere rebranding after Google co-founder Larry Page became chief executive nine months ago, reclaiming a title he last held in 2001. Page has moved quickly to remake the company in his image, and this influential group is responsible for plotting strategic priorities, such as social networking and mobile computing.
Glam Media moves closer to IPO, filing seen in Q2
SAN FRANCISCO (Reuters) – Glam Media, the women’s lifestyle online publishing and advertising company, is close to selecting bankers to lead an initial stock offering slated for 2012, according to people familiar with the matter.
Investment banks Goldman Sachs and Morgan Stanley are in the running to lead Glam Media’s IPO, the people said, following a selection process that involved presentations from roughly a dozen firms.
Will Google fight Apple’s Siri with Alfred?
Apple has Siri, and now Google has Alfred.
On Tuesday Google said it had acquired the tech company that has developed Alfred, a smartphone app that acts as a “personal assistant” to make recommendations based on your interests and your “context,” such as location, time of day, intent and social information.
According to Clever Sense, the company that created Alfred and that is now part of Google, the app uses artificial intelligence technology to sift through the Web’s vast amount of data and to recommend restaurants, bars and other real-world places that you might like.
Marc Andreessen not interested in Yahoo CEO job
Dec 9 (Reuters) – Venture capitalist Marc Andreessen said he is not interested in becoming chief executive of Internet pioneer Yahoo Inc, whose struggle to compete with the likes of Google and Facebook have forced it to explore proposals to revamp its business.
Yahoo fired CEO Carol Bartz in September, and its board of directors launched a strategic review of the company.
Facebook IPO sparks dreams of riches, adventure
SAN FRANCISCO (Reuters) – Traveling to space or embarking on an expedition to excavate lost Mayan ruins are normally the stuff of adventure novels.
But for employees of Facebook, these and other lavish dreams are moving closer to reality as the world’s No. 1 online social network prepares for a blockbuster initial public offering that could create at least a thousand millionaires.
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