Alexei's Feed
Sep 26, 2014

Activist investor takes stake in Yahoo, urges AOL merger

SAN FRANCISCO (Reuters) – Activist investor Starboard Value LP said on Friday it has acquired a “significant” stake in Yahoo Inc (YHOO.O: Quote, Profile, Research, Stock Buzz) and urged the Internet company to explore a merger with AOL Inc (AOL.N: Quote, Profile, Research, Stock Buzz).

Shares of Yahoo Inc rose about 4 percent to $40.54 early Friday afternoon, while shares of AOL jumped 2.77 percent to $44.16.

Sep 25, 2014

Google fires back at News Corp; defends search, piracy practices

SAN FRANCISCO (Reuters) – Google Inc hit back at News Corp on Thursday for calling it a platform for piracy and an “unaccountable bureaucracy,” in a point-by-point rebuttal that stressed the Internet search company’s commitment to fighting online crime.

In Google’s official blog, Rachel Whetstone, head of global communications, defended the company’s practices while taking a jab at News Corp-owned British tabloid The Sun.

Sep 25, 2014

Google fires back at News Corp; defends search, piracy practices

SAN FRANCISCO, Sept 25 (Reuters) – Google Inc hit
back at News Corp on Thursday for calling it a platform
for piracy and an “unaccountable bureaucracy,” in a
point-by-point rebuttal that stressed the Internet search
company’s commitment to fighting online crime.

In Google’s official blog, Rachel Whetstone, head of global
communications, defended the company’s practices while taking a
jab at News Corp-owned British tabloid The Sun.

Sep 20, 2014

New smartphone app gives sight to the blind

SAN FRANCISCO, Sept 20 (Reuters) – Jonathan Mosen, who has
been blind since birth, spent his evening snapping photos of
packages in the mail, his son’s school report and labels on
bottles in the fridge. In seconds, he was listening to audio of
the printed words the camera captured, courtesy of a new app on
his Apple Inc iPhone.

“I couldn’t believe how accurate it was,” said Mosen, an
assistive technology consultant from New Zealand.

Sep 18, 2014

Alibaba cash could fund small spending spree at Yahoo

SAN FRANCISCO/BOSTON (Reuters) – Alibaba Group Holding Ltd’s upcoming public offering will give Yahoo Inc billions of dollars for a potential shopping spree that investors hope will jumpstart its comeback.

But with numerous holes to fill and soaring tech company valuations, Yahoo will have to make tough choices with any acquisitions.

Sep 13, 2014

Islamic State’s Twitter silence raises questions

SAN FRANCISCO/WASHINGTON (Reuters) – Islamic State’s Twitter users, which have trumpeted the group’s violent acts and world view on the social media service, have gone abruptly quiet in past days.

Several accounts affiliated with the militant group appear to have gone dormant, according to U.S. government sources, raising questions about whether the government has pressured Twitter to clamp down more aggressively or whether the group has moved to other social media channels.

Sep 9, 2014

Apple kicks off star-studded event with larger iPhones

By Christina Farr and Alexei Oreskovic

CUPERTINO Calif. (Reuters) – Apple Inc unveiled two new iPhones on Tuesday with sharper and larger displays, moving into a market segment dominated by arch-rival Samsung Electronics.

The 4.7-inch iPhone 6 and 5.5-inch iPhone 6 Plus will support more than 200 telecoms carriers worldwide, including all three in China – a key growth market for the company.

Sep 4, 2014

Photo-sharing service Twitpic says shutting down after Twitter threats

SAN FRANCISCO (Reuters) – Twitpic, an early online service that allows Internet users to share photos on the Twitter Inc social network, is shutting down due to what it said were legal threats from Twitter.

The dispute revolves around Twitpic’s effort to have its name approved as a trademark, which Twitter appears to believe violates its own trademark.

Sep 4, 2014

AirBnB partners with Nest to equip some homes with thermostats

SAN FRANCISCO (Reuters) – Home rental service AirBnB will offer free smart thermostats from Google Inc-owned (GOOGL.O: Quote, Profile, Research, Stock Buzz) (GOOGL.O: Quote, Profile, Research, Stock Buzz) Nest to 500 of its hosts in the United States, the first step in a partnership that could lead to broader cooperation between the two technology companies.

AirBnB said it is offering the Nest thermostats as part of its effort to help users of its service conserve energy. Nest’s thermostats can detect when a person is at home or away, and automatically set heating and cooling temperatures accordingly.

Aug 29, 2014

Google tests airborne drones to deliver goods

SAN FRANCISCO (Reuters) – Google Inc is developing airborne drones capable of flying on their own and delivering anything from candy to medicine, the Internet company said on Thursday.

The effort, which Google calls Project Wing, marks the company’s latest expansion beyond its Web-based origins and could help Google break into lucrative markets such as commerce and package delivery, ratcheting up the competition with Amazon.com Inc.

    • 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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