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: 93.24 ( -0.95 )
Netflix iOS app now offers cell-data controls
In a new update to its iOS app on Thursday, subscription entertainment service Netflix has introduced new user controls for streaming over cellular networks to prevent overages, throttling, or other usage issues caused by the high data rate of streamed HD video. Users can choose from a given amount of streaming video that "costs" 1GB of cellular data, which lowers video quality to allow as much as four hours of video per GB (the "automatic" setting provides three hours, while higher quality settings reduce the time to two hours, or one hour at the best setting). In addition, the updated app now offers more 3D Touch options from the app icon, beyond the "peek and pop" previews for video. http://apple.co/24AD1vR
Bentley launches app for Apple Watch
Carmaker Bentley now offers an Apple Watch app for its Bentayga SUV -- a vehicle with a starting price of $229,000 -- that offers some advanced automotive functions not previously seen in other car apps for Apple's wearable. The app allows Watch wearers to control various seat adjustments, environmental controls (including seat massage), and the entertainment system. In addition, various vehicle stats are available at a glance, including distance traveled and vehicle speed. The app is available free on the App Store. http://apple.co/24AyXvs
Lunch with Cook auction nets $515K
The Charitybuzz auction that offered lunch with Apple CEO Tim Cook at Apple HQ and a pair of passes to a future Apple event (winner's pick) has ended with a high bid of $515,000, the highest amount the annual auction has fetched since 2013. Proceeds of the auction will benefit Cook's preferred charity, the Robert F. Kennedy Human Rights organization, where Cook was recently named to the board of directors. The winner, who was unnamed, will be responsible for their own transportation and accommodation, and Cook has up to a year to schedule the meeting -- making it possible that the winner will be among the first to dine with Cook in the new Campus 2 cafeteria, which is set to open along with the rest of the new facility early next year. http://bit.ly/236Wf9N
Free Windows 10 upgrade program ends July 29
Ending speculation, Microsoft has officially announced that it will end free Windows 10 upgrades on July 29, the one-year anniversary of the rollout of the OS. Following the 29th, Microsoft's ubiquitous OS will retail for $119 and up. http://bit.ly/1O0a7kA
US tech giants to candidates: support TPP
Tech giants including Apple, Facebook, Amazon and Uber are among thirteen major US corporations who have written an open letter to Donald Trump and Hillary Clinton urging them to support the Trans-Pacific Partnership (TPP) deal, reports Reuters. Although not yet made public, the letter also asks the candidates to make it easier for the companies to hire tech workers from overseas. Both are not happy with the TPP deal, although Trump is sterner in his opposition to any kind of trade deals between countries. Trump has not rejected outright the idea of importing high-tech talent from overseas, while Clinton has already voiced her support for the idea. http://reut.rs/1Wb0Zwq
Apple mandates June 1 app IPv6 support
Apple has set the deadline for IPv6 support for App Store-supplied software. On June 1, apps thast use a custom networking stack and that are submitted to the app store must support IPv6-only networks. The rule, announced last year as coming soon, will only affect a small portion of submitted applications that do not use the NSURLSession and CFNetwork APIs. http://apple.co/24yBTIY
YouTube Unplugged OTT service coming 2017?
As part of the continuing YouTube evolution, the video streaming service is reportedly considering a paid subscription service that would provide users "over the top" cable TV service. According to sources familiar with the matter, the service has been in the works since 2012, has already made changes to accommodate the live video feeds, and could debut the offering as soon as 2017. http://bloom.bg/1rvx8BW