Roundup: Layoffs hit Flickr, Apple’s 3D desktop, and more
Here’s the latest action:
Yahoo troubles hit Flickr — George Oates, one of the Yahoo-owned photo site’s early employees, is among the latest layoffs.
Apple to build 3D desktop? — It’s exploring the possibility, according to patent filings published by MacRumors.
Palm may unveil new operating system at Consumer Electronics… Continue Reading
Roundup: Yahoo flushes its “poison pill,” Crain’s goes out of print, WordPress goes 2.7 and more
Here’s the latest action:
Yahoo flushes its “poison pill” — One of the reasons Microsoft decided not to go hostile in its bid to buy Yahoo was that the company had a so-called “poison pill” plan in place in which hundreds of millions of dollars would have… Continue Reading
Tech news site CNET gets a major redesign, to make our eyes bleed less
CNET, a large online tech news and reviews media company that we compete with, is getting a significantly altered new look. I’m happy about the changes, for the sake of my eyes. I read a lot of the publication’s articles, and until now I’ve had… Continue Reading
Semantic search startup TextDigger unearths a business model, and some venture funding
TextDigger, a semantic search startup that launched early last year at DEMO, has been much quieter in the interim than other companies in the space like Hakia, Powerset and Radar Networks / Twine. But now the company has come back to light, at least for… Continue Reading
Watch out folks, CBS Interactive is hungry for more
Vator.tv’s Bambi Francisco interviewed CBS Interactive mergers and acquisitions head Mike Marquez following the company’s $1.8 billion purchase of CNET. Marquez notes that this deal will open up the door to even more acquisitions as the company looks to expand its interactive empire.
So what is… Continue Reading
CBS to buy CNET Networks for $1.8 billion
In a marriage between old media and new, CBS has agreed to buy online news site CNET Networks for $1.8 billion in a deal that should end the recent struggle to control the board of CNET.
The move comes after CNET’s management had come under attack… Continue Reading
Roundup: More earnings reports, accelerating emissions, Russian censorship and more
Here’s the latest action:
More earnings info — While we wrote earlier about Microsoft’s earnings, plenty of other companies are posting theirs, too. Motorola disclosed that its market share is down to 9.5 percent, while Qualcomm’s profit is up. Amazon’s Q1 profits rose 30 percent, Nintendo… Continue Reading
Roundup: FCC turns down Skype appeal, PG&E asks for more renewables, and more
FCC chair rejects opening existing wireless networks — A petition from Skype failed to convince FCC chairman Kevin Martin to force wireless carriers to open up their existing networks to outside devices and software, leaving the newly-auctioned 700Mhz airwaves as the only network opened by… Continue Reading
Online publisher CNET lays off ten percent of workforce in face of hostile takeover
CNET, one of the largest and oldest publishers of online technology news, is laying off ten percent of its workforce, or 120 employees.
The move, announced this afternoon in an internal memo obtained by PaidContent, is most likely intended to show that the company is serious… Continue Reading
Roundup: Google moves ‘Sky’ into the browser, Harvard grad server gets hacked and more
Here’s the latest action:
Google moves ‘Sky’ into the browser — Google has a layer for Google Earth that is known as ‘Sky.’ Now the company has created a version for web browsers as well according to the Google Lat Long Blog. This browser-based ‘Sky’ features three… Continue Reading
Court decides hedge fund can nominate CNET board
A Delaware court today ruled in favor of allowing Jana Partners, a hedge fund, to nominate candidates to replace current CNET board members. With this power, Jana can take the next steps to stage a takeover of the online media company.
Back in January, Jana led… Continue Reading
Roundup: Farber takes over at CNET, Mozilla’s new email subsidiary, Scribd iPaper, and more
Here’s the latest action:
1) Dan Farber takes the helm at CNET
2) Mozilla launches email-focused subsidiary
3) Scribd creates iPaper, an Acrobat competitor
4) Hewlett-Packard has great first quarter
5) Tesla Motors pulls in another $40M
6) Verizon, AT&T unveil new unlimited wireless plans
7) Oligarchs, proletariat run amok in Silicon… Continue Reading
Roundup: Apple’s new ultra-portable notebook, Zynga launch, CNET’s poison pill, and more
Here’s the latest action:
1) Apple releases the Air, Twitter left gasping
2) Facebook-based gaming site Zynga launches
3) CNET defies Spark / Jana alliance with poison pill
4) Grayboxx rolls out local search nationally
5) Overlay.tv gets $4.5M for in-video ad links
6) Portfolio magazine cozies up to Open Social
7)… Continue Reading
Roundup: CNET sells Webshots, Comcast not alone, fundings and more
Here’s the day’s action:
1) CNET sells its photo-sharing site Webshots at loss, may be ready to try again
2) Comcast isn’t the only ISP manipulating traffic
3) Apple may lose Warner Music, too
4) Yahoo’s Cammie Dunaway goes to Nintendo
5) Trusted Opinion, social recommendations, raises $1.3 million
6) JackBe,… Continue Reading
Roundup: Sprint’s WiMax bet, Twitku, VMware’s $750M mistake, Bolt-dead and more
Here’s the latest action:
Sprint doubles bet on WiMAX –- Sprint doubles its investment pledge on the untested WiMAX technology (WSJ, subscription required), which Sprint will use to provide widespread broadband over its network. It now plans to spend $5 billion by 2010.
Twitku, the Meebo for twittering —… Continue Reading