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Tag - Jerry Yang
Entrepreneur Richard Branson has invested in a large Bitcoin payment service. Along with Yahoo founder Jerry Yang, Branson and compatriots have put $30 million into the Bitpay exchange, giving the service the biggest venture capital investment in crypto-currency's short life.
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.
A somewhat predicted conclusion to Yahoo's recent rough ride sees company co-founder Jerry Yang leaving his post as CEO after a suitable replacement is found to take Yahoo to "the next level." CNN Money reveals that chairman Roy Bostock is conducting interviews internally and externally, which will then place Yang back in his former position of "Chief Yahoo," remaining on the company's board of directors.
Yahoo's top executive, CEO Jerry Yang, could resign to avoid a forced departure ahead of a decisive shareholders meeting on August 1st, according to new
Investor Carl Icahn on Wednesday issued a letter addressed to Yahoo chairman Roy Bostock, claiming that the actions of CEO Jerry Yang and other members of the board went out of their way to sabotage a potential deal with Microsoft. Silicon Alley Insider reports that the letter sets up a villainous scenario related to the show-stopping severance plan a state judge revealed on Monday. The plan would have a potential cost of $2.1 billion to Microsoft, had the unlikely scenario occurred where all employees quit upon a takeover.
With Microsoft retracting its bid Saturday, Yahoo CEO Jerry Yang today announced it would listen to any interested bidding parties, including Microsoft, despite explicitly saying the company is for sale.Bloomberg reports that Yahoo is currently evaluating revenue-generating relationships with companies such as Google and AOL to raise the company's value, but is leaving the door open "should somebody else come back someday and want to buy the company", said Yang.
Yahoo's board of directors is torn between those seeking profit and others who would make an emotional decision to reject Microsoft's buyout attempt, according to sources cited by a report from the New York Post online. Yahoo chief Jerry Yang and several followers are allegedly seeking an alternative to Microsoft's takeover bid of $44.6 million, and could act out of emotion rather than their fiduciary duty to the company's shareholders. "The emotional part of Yang would rather do anything but sell to Microsoft, but he doesn't have the cards to come up with a value-creating, competitive alternative for shareholders," said one source.
Yahoo CEO Jerry Yang today sent a letter to the company's stockholders in an attempt to reassure investors of its stance on the Microsoft deal. Yang claims that Yahoo is positioned to increase its value by around 60-percent by 2010, by emphasizing on its current business model. Citing the company's Panama search marketing system, Right Media buyer/seller meet-up service, and Blue Lithium marketing system, Yahoo is poised to grow its $2 billion in cash reserves to the double-digits by 2009.
Now AAPL Stock: 94.99 ( -0.02 )
Sonos now works with Apple Music
Wireless music system manufacturer Sonos has announced that its systems worldwide will gain compatibility for streaming the paid Apple Music subscription service starting today, February 10. "Music fans worldwide will have access to Apple Music features like For You, New, Radio, and My Music, and will also be able to stream the entire Apple Music catalog through Sonos smart speakers tuned for great sound in every room of their homes," the company said in an email to journalists. Apple Music's streaming service costs $10 per month, with a free three-month trial. http://bit.ly/1Wdi2Ko
Apple want ads hint at future Watch faces
An Apple job listing for a dedicated clock face team may suggest future fashion-brand partnerships, possibly in time for the updated watchOS updates that are likely to be revealed at this spring's Worldwide Developer Conference. Since the introduction of watchOS 2, there has only been four new watch faces, but three of them were left over from the first release, with only one truly new one -- the co-branded HermÃ©s face exclusive to that edition. There is a rumored March 15 event, but if that takes place it will likely focus on new band options as regards the Apple Watch. http://apple.co/1O1TbTI
Microsoft may end Office Support Professional prog
Microsoft appears to be either ending or seriously revamping its "Accredited Support Professional Program" for training on Microsoft Office for Mac and iOS it has offered at MacTech conferences since 2013. The program is not on offer at the upcoming MacTech tour, which begins on March 16 in San Francisco and includes a number of other cities. Microsoft has released a statement that it is "evaluating options for 2016, but don't have anything to share at this time." http://bit.ly/1KDz3MQ
Office for Mac v15.18 released
Microsoft has issued an update for the Mac version of its productivity suite, Office 2016. The v15.18 update offers improvements for all of the included apps, such as bringing full screen support to Outlook and allowing Word to save PDF files to flash drives. In addition, a new selection pane has been added to PowerPoint and Excel for keeping track of objects, and shapes can now be added to OneNote notebook pages. The update is free for all users, but requires a Mac running OS X 10.10 or later and a valid Microsoft Office 365 subscription. http://bit.ly/1Q7pAzW
Apple to open new south Florida mall store
According to real estate trade papers in south Florida, Apple has signed a lease for a new retail space in Miami, at the forthcoming Brickell City Centre (yes, the UK spelling is used) open-air mall, which is set to open later this year. The center will feature a five-story shopping area, condominiums, a hotel and office buildings, along with a "climate ribbon" in the shopping area to keep visitors cool, eschewing traditional air conditioning. The exact location of the Apple Store within the plan is not yet clear, but the destination already boasts 75 confirmed stores. http://bit.ly/1Q7n7Wd
Filemaker provides free custom app guide
FileMaker announced today the release of the first in a three-part series of free how-to guides that will lead teams through the process of building a custom app using the FileMaker Platform. FileMaker's new how-to guides provide a step-by-step process that starts with a planning cycle covering goals, requirements, functionality and usability, and run all the way through identifying user scenarios, defining requirements, addressing integration, providing security, and deployment of the final product. http://bit.ly/1o08wQh
OCZ Trion 150 SSD shifts to 15nm TLC NAND
SSD manufacturer OCZ has updated its entry-level 2.5-inch Trion 100 SSD. The new Trion 150 has similar performance to the now replaced model, and now utilizes 15nm TLC NAND. Sequential read speeds top out at 550MB/S, with 4KB random write speeds running from 25K IOPS in the 120GB model, to 64K IOPS in the 960GB version of the drive. Endurance is limited to 30TB in the 120GB, and peaks at 240TB in the 960GB version. Retail prices vary between $46 for 120GB, to $270 for the 960GB version. http://bit.ly/1nVmlyL