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sunnyvale

Yahoo posts revenue growth for first time in four years

www.geekwire.com
Marissa Mayer continues to make her mark at Yahoo. The company today reported revenue of $1.3 billion for the fourth quarter, a two percent increase and the first revenue growth in four years. Revenue for the full year came in at $4.986 billion — a slight increase over the $4.984...
Yahoo posts revenue growth for first time in four years

Motorola to cut its workforce by 20 percent, shutter a third of its offices worldwide

www.engadget.com
When Google acquired Motorola Mobility, Larry Page said the move would help "supercharge the Android ecosystem," but first, the firm needs to reorganize. That seems to be starting -- the company just announced that it will be closing a third of its 94 offices and laying off 20 percent...
Motorola to cut its workforce by 20 percent, shutter a third of its offices worldwide

Yahoo Chairman Fred Amoroso to Step Down in Late June

allthingsd.com
Yahoo announced today that board Chairman Fred Amoroso had decided not to seek reelection and will leave the board on June 25. Former LiveOps CEO Maynard Webb will serve as interim chairman. Here’s the Yahoo news release: Fred Amoroso Not to Seek Reelection to Yahoo! Board of Directors April 25,...
Yahoo Chairman Fred Amoroso to Step Down in Late June

Re-engineering AMD

tech.fortune.cnn.com
Incoming AMD CEO Dirk Meyer is known as a top-notch chip designer. Image: AMD SUNNYVALE, Calif. - Dirk Meyer was six months out of college and working as an engineer for Intel when he ran into Bob Noyce, the company's legendary co-founder and co-inventor of the integrated circuit, at the...
Re-engineering AMD

10 Things You Need To Know This Morning

www.businessinsider.com
Good morning! Here's the news: Starbucks just invested $25 million in Square. Howard Schultz, the CEO of Starbucks, will join the board.  Even after the crash, Facebook is still trading at more than twice the price of the average hot tech stock. Marissa Mayer just announced that Yahoo employees in...
10 Things You Need To Know This Morning
Grokr wants to get to know you, like really get to know you

Hands on with Nokia's HERE, a cross-platform mapping tool that takes on Microsoft, Google, and Apple

thenextweb.com
Welcome to the mapping wars, it would seem. As Microsoft burnishes Bing, Google cements its market advantage with its own tool, Apple works to right its own ship, Nokia is diving into the ring, taking its maps product everywhere all at once through a new effort called HERE. TNW’s first...
Hands on with Nokia's HERE, a cross-platform mapping tool that takes on Microsoft, Google, and Apple
Yahoo Buys Propeld, Its Third Mobile Startup In Four Months (YHOO)

SAP Is Buying Cloud Commerce Company Ariba In A $4.3 Billion Deal (SAP, ARBA)

www.businessinsider.com
SAP has made another massive acquisition. This time it snapped up cloud-based ecommerce company Ariba. SAP paid $45 a share in a deal valued at $4.3 billion Ariba is headquartered in Sunnyvale, and has approximately 2,600 employees. SAP is dead serious about turning itself from an old-school enterprise software company...
SAP Is Buying Cloud Commerce Company Ariba In A $4.3 Billion Deal (SAP, ARBA)

Apple leases another 69,031 sq ft of office space in Cupertino and Santa Clara

9to5mac.com
According to a report from the Silicon Valley BizBlog, Apple has picked up more real estate in and around Cupertino after scooping up over 315,000 square ft of office space in Sunnyvale back in January. Apple has signed leases for two new buildings, one a 57,479-square-foot building at 5425 Stevens...
Apple leases another 69,031 sq ft of office space in Cupertino and Santa Clara
33Across raises $13.1M to power the most complete social graph ever

New Yahoo CEO Mayer's First Moves Emulate Google

marketingland.com
According to AllThingsD freshly minted Yahoo CEO is making some initial changes at the Sunnyvale company intended to boost morale and inject new energy into the place. Among the changes being implemented are a Friday afternoon “all-hands” meeting, free food and forthcoming reworking of... Please visit Marketing Land for the...
New Yahoo CEO Mayer's First Moves Emulate Google

Grokr Raises Another $2.4 Million in Quest to Bring Google Now-like Service to iOS

allthingsd.com
For the past couple of years, Srivats Sampath has quietly been trying to redefine search for the mobile device. “Traditional web search makes you work hard for your information,” the former McAfee.com CEO told AllThingsD in an interview this week. “It’s almost like the DOS prompt.” That’s a luxury people...
Grokr Raises Another $2.4 Million in Quest to Bring Google Now-like Service to iOS

With Growth Surging, Torbit Moves Towards Free To Help Web Businesses Turn Speed Into Revenue

techcrunch.com
In today’s digital world, website performance and speedy load times are critical. This is now common knowledge. However, until recently, it’s been tough to quantify the extent to which speed and performance actually affect day-to-day operations. The problem is that site performance has generally been viewed as a technical metric...
With Growth Surging, Torbit Moves Towards Free To Help Web Businesses Turn Speed Into Revenue

WeVideo Raises $19.1M For Cloud-Based Collaborative Video Editing Platform

techcrunch.com
WeVideo has just secured $19.1 million for its cloud-based collaborative video editing platform, in a round led by Crest Capital Ventures of Houston, Texas. The company says it plans to use the funding to further ramp up its B2B focused development team. Unlike desktop editing software, which is restricted by...
WeVideo Raises $19.1M For Cloud-Based Collaborative Video Editing Platform

Yahoo product division hardest hit, report says

www.washingtonpost.com
With 2,000 layoffs set to go at Yahoo, the company’s new chief executive, Scott Thompson, is clearly taking his promise to change things in Sunnyvale, Calif., seriously. In a statement announcing the elimination of 14 percent of the tech giant’s work force, Thompson said that the moves reflect the goal...
Yahoo product division hardest hit, report says

Yahoo Insider: 'Ross Is The Answer' (YHOO)

www.businessinsider.com
Yahoo hasn't officially made Ross Levinsohn permanent CEO, but Yahoos have their way, he'll get the job. We asked a current Yahoo how things are going and this is the answer we got: "Ross is the answer. No question." This Yahoo says things are better than they've been in the...
Yahoo Insider: 'Ross Is The Answer' (YHOO)

AMD Completes Sale, Leaseback of Texas Campus

allthingsd.com
AMD CEO Rory ReadShares of the troubled chipmaker Advanced Micro Devices inched upward today on word that the company has executed a deal to sell its Austin, Texas campus and lease it back from the new owner, in a deal expected to generate $164 million in cash. Rumors of the...
AMD Completes Sale, Leaseback of Texas Campus

Yahoo password breach reveals 400K passwords #thecircuit

www.washingtonpost.com
Yahoo password breach: Yahoo is looking into a major hack that slurped up the usernames and passwords of 435,000 accounts Thursday. According to the security firm TrustedSec, a hacking group known as D33Ds picked up the passwords from Yahoo Voices, the Sunnyvale, Calif.-based company's crowd-sourced publishing platform. Yahoo Voices,...
Yahoo password breach reveals 400K passwords #thecircuit

AMD teases next-gen Steamroller CPU, aims to Bulldoze the competition

www.engadget.com
AMD's Bulldozer CPUs remind us of Betamax (or MiniDisc), in that its superlative design hasn't been embraced thanks to one or two humbling limitations. However, Mark Papermaster, Sunnyvale's new CTO, took to the stage at Hot Chips to show how he's changing the situation with the third-generation Steamroller architecture....
AMD teases next-gen Steamroller CPU, aims to Bulldoze the competition

Here's the Do-Not-Forward Mayer Memo Bidding Goodbye to Ross "The Hair" Levinsohn

allthingsd.com
As I just reported, Ross Levinsohn is leaving Yahoo. Here is the memo that CEO Marissa Mayer just sent out to the troops, which is a very classy one. Subject: Thank You to Ross Levinsohn Do Not Forward I am writing to let you know that Ross Levinsohn will be...
Here's the Do-Not-Forward Mayer Memo Bidding Goodbye to Ross "The Hair" Levinsohn

Yahoo Buys Tumblr and Promises "Not to Screw It Up"

allthingsd.com
You already know all the details, but here’s the official word from Yahoo on its $1.1 billion Tumblr deal. Note the touches of Tumblr-like whimsy in the release, and Yahoo’s tacit acknowledgment that this sort of thing is easy for a big company to botch. Yahoo! to Acquire Tumblr Promises...
Yahoo Buys Tumblr and Promises "Not to Screw It Up"

No Free Food For Yahoos In New York And Santa Monica (YHOO)

www.businessinsider.com
New Yahoo CEO Marissa Mayer has bought one of her favorite Google traditions to her new company: free food for employees. There's only one hitch, though. Only employees in Yahoo's Sunnyvale headquarters will get the free stuff. One Yahoo employee estimates that about 75% of the company's 12,000-strong workforce is...
No Free Food For Yahoos In New York And Santa Monica (YHOO)
Facebook, Yahoo resolve patent spat

Chinese Mobile Browser Maker UCWeb Aims for a Billion Users

allthingsd.com
Chinese mobile browser maker UCWeb has 50 percent of the Chinese market and 20 percent share in India. That’s 300 million people, but CEO Yu Yongfu isn’t satisfied. He wants to have a billion customers in five years. And, its not just about eyeballs. Yu says the company is also...
Chinese Mobile Browser Maker UCWeb Aims for a Billion Users
Here's The Confidential Memo Yahoo Sent Employees About Working From Home (YHOO)

Yahoo's EMEA Chief Riley Quits Geneva, For Sunnyvale?

paidcontent.org
The man helping Yahoo’s new CEO plot the company’s rejuvenation has told his staff he is leaving his role as SVP of the Europe, the Middle East and Africa region. Rich Riley said he is leaving the London- and Geneva-based role after four years this summer to be closer...
Yahoo's EMEA Chief Riley Quits Geneva, For Sunnyvale?

Plug and Play Tech Center hits the European startup scene via Spain

thenextweb.com
Plug and Play Tech Center is officially expanding to Spain with its first local call for applications, the Silicon Valley accelerator has announced. Known as Plug and Play Spain, its new offices are based in Valencia and will serve as its European base. According to its president Canice Wu, who was a...
Plug and Play Tech Center hits the European startup scene via Spain

Yahoo Will Spend $62 Million On Its COO (YHOO)

www.businessinsider.com
As Yahoo's CEO, Marissa Mayer is spending a massive amount to pry her former colleague, Henrique de Castro, away from Google and install him as COO. According to our reading of de Castro's employment letter, which Yahoo just filed with the SEC, the total over four years comes to about...
Yahoo Will Spend $62 Million On Its COO (YHOO)

VMware Buys Startup Virsto To Fend Off Microsoft (VMW)

www.businessinsider.com
VMware bought Sunnyvale storage startup Virsto today for an undisclosed sum. The acquisition of Virsto, which is 50-people strong, is significant because it helps VMware fend off Microsoft. Virsto allows a company's storage to be managed like it's one big hard drive, even if the company is using different types...
VMware Buys Startup Virsto To Fend Off Microsoft (VMW)
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