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AP News in Brief at 5:58 a.m. EDT
Crews search through the night after tornado slams Oklahoma City suburb, killing at least 51 MOORE, Okla. (AP) — Spotlights bore down on massive piles of shredded cinder block, insulation and metal as crews worked through the night early Tuesday...Tags: The Washington Post, Acupuncture, Politics, Nouri Maliki, Israel
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Yahoo's challenge to be building Tumblr's advertising business
SAN FRANCISCO — To punctuate his company's $1.1-billion purchase by Yahoo Inc., Tumblr co-founder and Chief Executive David Karp let loose in a blog post with a celebratory expletive. It was classic Karp, a 26-year-old high school dropout who...
Tags: Rentals, New York City, Facebook, Media Industry, YouTube
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Yahoo takes big leap with $1.1B deal for Tumblr
SAN FRANCISCO (AP) — Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet pioneer that had fallen behind the times. The deal announced Monday is Mayer's boldest move since she left...
Tags: Media Industry, Microsoft Corporation, Forrester Research Incorporated, Culture, Sergey Brin
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Small company stocks are a bright spot as Russell 2000 index climbs above 1,000 for first time
AP Markets WriterNEW YORK (AP) — Small-company stocks were a bright spot in a subdued start to the week for Wall Street. The Russell 2000, an index of small-company stocks, climbed above 1,000 points for the first time and ended higher Monday, even as the Dow Jones...Tags: Chemical Industry, Economic Stimulus Plan, U.S. Congress, Federal Reserve, Mutual Funds
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Yahoo buying Tumblr for $1.1 billion
Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times. The deal announced today represents Mayer’s boldest move yet since she left Google 10...Tags: Culture, Larry Page, Sergey Brin, Marissa Mayer, Social Media
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The Internet likes Kanye; not such a big fan of the Tumblr purchase
Yahoo has added another major property to its portfolio, Kanye West went dark and political for his SNL gig, and France is buying military equipment. Welcome to your post-weekend trends report for May 20, 2013. With the exception of television show...Tags: Justin Bieber, Lotteries, Corrections Corporation of America, Social Media, Google Inc.
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E-mail address locked in limbo
Star Tribune (Minneapolis)A company that overpromises what it can deliver should never deal with a lawyer. That's what Comcast did with Minneapolis attorneys Richard Fuller and Charles Horowitz, who recently opened a new two-person law firm. They ordered Comcast's business-...Tags: Lawyers, Legal Service, Business Enterprises, Computing and Information Technology Industry, Crime, Law and Justice
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Yahoo seeks turnaround with $1.1-billion deal to buy Tumblr
SAN FRANCISCO — Yahoo Inc. Chief Executive Marissa Mayer is attempting a bold — and risky — strategy to turn around the struggling Internet giant with the $1.1-billion acquisition of Tumblr, a trendy social blogging service popular...
Tags: Mark Zuckerberg, Business Enterprises, Media Industry, Startups, Online Advertising
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Yahoo's board is said to OK buying Tumblr for $1.1 billion in cash
SAN FRANCISCO -- Yahoo's board of directors has approved a $1.1-billion cash acquisition of blogging site Tumblr. A deal could be announced as soon as Monday, the Wall Street Journal reported Sunday. It's the biggest -- and riskiest -- deal yet for...Tags: Business Enterprises, Media Industry, Marissa Mayer, Social Media, Google Inc.
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A year after IPO, stock still stagnant, Facebook looks to become an advertising giant
AP Technology WriterNEW YORK (AP) — It was supposed to be our IPO, the people's public offering. Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, was going to be bigger than Amazon, bigger than McDonald's, bigger than Coca-...Tags: Mark Zuckerberg, Media Industry, Online Advertising, Initial Public Offerings, Microsoft Corporation
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Will Yahoo splurge on $1-billion acquisition of Tumblr?
SAN FRANCISCO -- Will Yahoo buy Tumblr? That's the $1-billion question du jour courtesy of All Things D. The struggling Internet giant is reportedly in serious talks to buy the blogging service in a deal that could be worth as much as $1 billion....Tags: Media Industry, Marissa Mayer, Social Media, Google Inc., Computing and Information Technology Industry
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Rupert Murdoch warns about Facebook, sees echo of 'crappy' Myspace
Today marks the one-year anniversary of Facebook's initial public offering, a milestone that often prompts reflection and introspection. And in the case of Rupert Murdoch, the occasion provided an opportunity for a nanny-nanny-nah-nah tweet: "Look out...Tags: Viacom Inc., Media Industry, Social Media, MySpace, News Corp.
May 21, 2013
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May 21, 2013
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May 20, 2013
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May 17, 2013
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May 17, 2013
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