Tag - Yahoo
Yahoo is continuing to find life difficult, reporting weak earnings in its first quarter results while being scrutinized for a possible acquisition by a number of parties. The former web giant's CEO Marissa Mayer claims the quarterly financials are "in line with our expectations," despite the company managing to endure a net loss of $99 million, a year-on-year swing of $122 million from the same quarter last year.
Yahoo may be putting parts of itself up for sale, the company has seemingly suggested in its latest quarterly results. Among major changes in the web property's structure, including a 15-percent reduction in workforce and the closure of five offices, CEO Marissa Mayer and the board at the troubled company are apparently "exploring additional strategic alternatives" to its ongoing turnaround attempts, which could lead to others acquiring parts of the business.
The NFL will host three exhibition games in London in 2016 -- a country that associates the world "football" with something quite different -- and the league plans to stream on the web, and technology companies -- including Apple, Google, Amazon, and presumably the firm that streamed last year's sole exhibition match, Yahoo -- are in talks with the NFL to buy the rights to the streaming. Live-streaming of sports events is seen as key to encouraging more people to "cut the cord" of traditional cable TV, which would benefit companies that can bridge the gap in sports coverage.
Yahoo today announced Yahoo Livetext, a new app for one-to-one live video texting on iPhone and Android phones. Yahoo Livetext blends texting with the immediacy of live video -- but without the audio. The service allows chatters to watch each other on live video, while entering the responses back and forth. Yahoo calls the service "non-intrusive, quick and real-time -- yet also fleeting, just like real-life conversations."
European carriers are allegedly working on blocking mobile advertising from major advertising networks, including those from Google, Microsoft, and Yahoo. A report claims the current plans to remove the online advertising from smartphone browsers in order to save on bandwidth costs, though it will also apparently have the ulterior motive of trying to force the advertising networks to share some of their revenue with the carriers themselves.
Yahoo's quarterly financial results reveal it has marginally missed market estimates, but it still managed to improve on the last quarter, bringing in $1.18 billion in revenue after traffic acquisition costs (TAC), with a $0.30 non-GAAP earnings per share. The company also revealed it's intentions to spin out the last of its Alibaba stake, a move designed to prevent it from paying out a large amount of tax.
Mozilla has released Firefox 34, the latest version of its multi-platform web browser. As promised last month, the update makes Yahoo the default search engine. People upgrading from a previous version, however, are only being prompted to switch engines in a pop-up message; clicking "Later" leaves Google search in place.
This week has been a busy one for Europe's "right to be forgotten" stricture. Not only have Yahoo and Microsoft's Bing launched the mandated efforts for users, but the European Commission has also issued guidance to the search engines on how to handle requests. The guidance is similar to what Google has implemented, but there may be some issues ahead, as the document published by the commission takes issues to search engines warning site operators when a page with information is delisted, potentially stirring up old issues and bringing more attention to the deleted content.
Yahoo and Microsoft are courting Apple in hopes of becoming the default search provider for the Safari web browser next year, a report says. Apple renewed a mapping and search partnership with Google in 2010, but that contract is set to expire next year, which could give other companies an entry point. Both Yahoo and Microsoft executives are said to have approached Eddy Cue -- Apple's senior VP for Internet Software and Services -- about a potential deal. So far, though, there's no sign that Apple has made a decision, and indeed it could choose to remain with Google.
Another acquisition by Yahoo was announced late last week, building on a long string of pick-ups under the leadership of CEO Marissa Mayer. The newest company coming into the Yahoo fold is Cooliris, a developer known for its mobile photo-aggregator application Cooliris for Mobile and the recently launched BeamIt Messenger.
Now AAPL Stock: 93.4 ( -2.7 )
WhatsApp now handles over 100M calls daily
WhatsApp is celebrating that it is being used for over 100 million calls every day. In a brief notice, the Facebook-owned messaging platform advises the voice-calling feature it rolled out to its users last year now deals with an average of over 1,100 calls initiated per second. Earlier this year, it increased the security of its calls and other messages, by introducing end-to-end encryption on all platforms. http://bit.ly/292HqCX
Adele's '25' album now streaming
Recording artist Adele has "pulled a Kanye" after saying that her current album "25" would not be available for streaming. The seven-month-old record, which has yielded a number of hit singles, is now available for streaming on all the major streaming services, such as Apple Music and Spotify, as of today in most major markets, with worldwide distribution to come. Reportedly, the singer had demanded streaming be limited to paid subscribers -- a condition that has hurt some streamers with artists, who aren't paid royalties for free or trial listens . Apple pays performers its normal royalty rates during its free trial, avoiding the issue -- and having repeated success in both signing up exclusives and placing those exclusives into the top of the charts. http://ti.me/28U7NOu
SanDisk iXpand case has battery, storage
A new iPhone 6 and iPhone 6s case from SanDisk appears to be the "holy grail" of accessories: a stylish and protective case that offers both extra storage as well as the option of extra battery power as well. The iXpand Memory case offers either 32GB, 64GB, or 128GB of additional storage incorporated into the case, and an optional add-on battery pack (sold separately) adds up to an extra day or more of charge. Through the associated iXpand app, camera photos and videos can be automatically stored on the extra storage, optionally password-protected, The cost for the case is (in order of storage capacity) $60, $100, and $130. The battery pack's release data has not yet been announced, but the add-on should retail for an additional $30. http://bit.ly/291epHu
Fifth Hong Kong store to open June 30
The 46th official Apple store in what the company calls the "Greater China" region will open at 10AM local time in Hong Kong's New Town Plaza in the Sha Tin district on Thursday, June 30, according to a new page on Apple's retail website. Despite slowing growth due to economic turmoil in China, the country is still Apple's fastest-growing market. The new story will be the fifth for Hong Kong, a lucrative market for Apple thanks to the high concentration of wealth there and a thriving "gray" market. Normal store hours for the new store will be 10AM to 10PM every day. http://apple.co/291diaT
Apple Music bug bites very short songs
There appears to be a reproducible bug in the current version of iTunes -- version 12.4.1, running on OS X 10.11.5, both the current non-beta versions of the respective software -- that causes a streamed song to become "stuck" in endless buffering if the streamed item just before this happened was 60 seconds or less in length. The problem appears to stem from code in iTunes that signals the next track to start downloading one minute before the currently-playing track is done, and thus songs shorter than one minute don't trigger the download. Locally-stored music is unaffected by the bug, and the problem does not appear to exist in either the macOS Sierra developer beta or versions of iTunes earlier than 12.4, and does not affect the iOS Music app at all. http://bit.ly/291cN0l
Walmart Pay expands to 15 states
Walmart, one of the key progenitors of the failed CurrentC mobile payment system that was distinguished from Apple Pay by its ability to collect and share customer financial and buying data among its participants, has expanded the soft rollout of its alternative solution "Walmart Pay" to an additional 15 US states following a pilot program in Arkansas and Texas last month. Walmart continues to resist adding Apple Pay. The system, built into the Walmart app for iOS and Android, works with a complicated system of the camera scanning a purchase code at the register, then generating a QR code which is then scanned by the register. The system is available now in Alabama, Georgia, Indiana, Iowa, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Nebraska, North Carolina, North Dakota, South Carolina, South Dakota, Tennessee, Virginia, and Washington, DC. http://apple.co/28SqZfu
Amazon refreshes entry-level Kindle
Amazon has added a new Kindle to its ebook reader range, one that is thinner and lighter than the previous entry-level model. Offering a six-inch 167-dpi touchscreen display, a doubled 4GB of storage, and an option for a white casing, the new model also adds in the ability to export highlights and notes to an email account as a PDF. Two versions of the all-new Kindle are available, priced at $80 including "Special Offers" and $100 without. http://amzn.to/28Q4c3R