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Tag - Carol Bartz
Yahoo is reportedly out of the increasingly uncertain bidding process for Hulu, a claimed leak said late Sunday. The search engine has allegedly been identified by the WSJ sources as the original mystery bidder but also to have exited entirely. The internal turmoil following Carol Bartz' firing and the possibility of a sell-off were attributed to the departure.
Yahoo! co-founder Jerry Yang has admitted that the company is up for sale. A leaked internal memo has obtained by Business Insider reveals that Yahoo’s board has engaged Allen & Company to field enquiries from ‘multiple parties that have already expressed interest in a number of potential options.’ Yang also advised that the company was also now deep in the process of hiring a permanent CEO to replace Carol Bartz, following her recent sacking.
In the wake of Yahoo CEO Carol Bartz’s sacking, a report has suggested that Yahoo is still open to a sell-off, but also remains interested in bidding on Hulu. Citing people ‘familiar with the matter,’ the Wall Street Journal reports that the ousting of Bartz came after a review of Yahoo’s performance by independent directors. A change in leadership was considered to be the only way forward. The same review also kept the option of selling the company on the table as well.
Several major US technology executives have been officially photographed with President Obama at a dinner meeting on Thursday night. As expected, three people on the guest list included Apple CEO Steve Jobs, Google's Eric Schmidt, and Facebook CEO Mark Zuckerberg. Jobs and Zuckerberg were notably given the most prominent positions during the dinner, seated directly to the left and right of the President.
Now AAPL Stock: 93.99 ( + 0.29 )
Apple to open R&D center in India
A new report says that Apple will be opening a new technology center in Hyderabad, India, helping to boost the city's growing reputation as a tech center. The facility would operate within the WaveRock facility, and create 4,500 new jobs at a cost of around $25 million. In 2015, India surpassed the $1 billion in yearly sales milestone, and Apple has recently received permission to open retail stores in the country under its own control, an exception to rules that usually block foreign ownership. http://zd.net/1SMBVu4
Google killing Picasa starting May 1
Google Photos head Anil Sabharwal confirmed in a blog post today that the search engine giant will be shutting down acquisition Picasa. Support and downloads for the desktop application will terminate on March 15 with the application continuing to work for the time being. The transition to Google Photos truly commences on May 1, with deprecation of some Picasa API calls happening shortly thereafter. Users that have Google Photos access will find their photos already migrated. A mass-download tool for users not wishing to use Google Photos will be available sometime after May 1. http://bit.ly/1SmV2KH
Rogue Amoeba Piezo updated, departing App Store
In order to continue working on audio capture tool Piezo, developer Rogue Amoeba has simultaneously updated the app to version 1.5, and announced that it will pull version 1.2.6 from the Mac App Store. Customers who own the Mac App Store version have a one-time migration process to the Rogue Amoeba-served version. The company notes that the sandboxing restriction placed on Mac App Store versions "effectively stopped our ability to upgrade Piezo in any meaningful way." [8.80MB] http://bit.ly/1PIjz7l
FCC spectrum auction will happen without Google
After throwing its hat in earlier, Google (and associated companies) has declared that it is not participating in this year's FCC spectrum auction. A company spokeswoman said of the auction that "like all those interested in improved connectivity and equitable access, we'll be following the upcoming spectrum auction closely. That said, we have not filed to participate." http://on.recode.net/1oy5LWk
iPad Air 3, iPhone 5se sold Friday after launch?
Reverting the way products are actually released by Apple after an announcement to the way it was a decade ago, reports are circulating that new products revealed at a March announcement will go on sale the Friday immediately following the unveil. Slated to appear at a conjectural Tuesday, March 15 event are a new Apple four-inch phone with more up to date internals currently referred to as the iPhone 5se, and a new iPad Air 3 model with Smart Connector and other enhancements. http://bit.ly/1o7mqiY
Lexmark prevails in toner import appeal
Printer manufacturer Lexmark has won an appeal on the third-party US resale of its printer cartridges originally destined for markets outside North America. The appeals court ruled in a 10-2 vote in favor of Lexmark's demand to stop the sale and against Impression Products, both on the toner cartridge resale matter, as well as a related matter regarding overturning the reseller's refilling one-use cartridges and selling those in the US market. The ruling has ramifications in the tech industry, as well as the pharmaceutical and medical technology markets. Impression Products promises an appeal before the supreme court. http://reut.rs/1SLVmmG
AT&T expands BOGO promo to iPhone 6s
Beginning today, new and existing AT&T customers can purchase a new iPhone 6s and get another one free when adding a second line. Over the weekend, customers must purchase two phones through AT&T Next (one can be an existing number), and add both phones to a qualified plan. AT&T notes that "after three bill cycles or less" the account will start to receive up to $650 spread out over 30 monthly bill credits to offset the cost of the installment plan for the phone. Taxes are due at time of sale. http://soc.att.com/1SLUP4k