The Yahoo purchase of the app Summly and the technology therein have had one rather important effect on those users out there that've been using the system thus far - they're fresh out of luck. As the 17-year-old creator of the Summly ecosystem has become a millionaire overnight, he'll soon be working for Yahoo full time, and the Summly app will no longer be available to the public. Such is the nature of this takeover.
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‘yahoo’ Stories
Summly app no longer functional soon: tech to return in Yahoo
Yahoo buys Summly news app for $30m
Yahoo has just purchased the mobile news reader app, Summly, in an attempt to make Yahoo a more mobile-centric service. Sources have told All Things D that Yahoo paid $30 million to buy out the iOS app. They paid 90% in cash, and the other 10% in stock. They have also enlisted Nick D'Aloisio, the 17-year old who developed the app, to work with the company for at least 18 months.
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Yahoo considering Dailymotion video service acquisition, says sources
Yahoo is considering acquiring video website Dailymotion, says sources. Such an acquisition would give Yahoo a popular piece of online video real estate, but nothing is guaranteed. The alleged acquisition is still in talks, and nothing may come of it. Dailymotion is owned by France Telecom-Orange, a telecommunications company.
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Woman fails to prove Google’s liable for unfortunate search results
It looks like if you're one of those people who unfortunately have names associated with negative products, events, or descriptions, you're out of luck. A woman in Wisconsin has found that out again and again as she tries to make several search companies liable for negative search results related to her name. Beverly Stayart, CFO and Director of Business Development at Stayart Law Offices, has tried to sue various search engines like Alta Vista, Yahoo, and Google because of these results.
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Best Buy follows Yahoo and cancels work-from-home program
For some reason, Best Buy believes that it's a good idea to follow Yahoo's example and forbid its workers from working from home. Considering all of the angry feedback Yahoo received from its employees as well as all of the negative press written about its structure change, you would think Best Buy would stay away from the idea. But no, it's decided to cancel its flexible work plan, entitled ROWE (Results-Only Work Environment).
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Yahoo preparing to shut down 7 services
It looks like the work-at-home program isn't the only program Yahoo is shutting down. Yahoo is also planning on shutting down 7 other products that aren't bringing in the kind of success Yahoo needs right now. Along with these products, Yahoo also plans on reducing their number of mobile apps from 60-75 to a measly 12-15 apps. Jay Rossiter, Yahoo's executive VP of Platforms, stated, "The most critical question we ask is whether the experience is truly a daily habit that still resonates for all of you today."
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Yahoo no longer allows workers to work from home
It looks like Yahoo's homepage isn't the only thing getting a revamp. Yahoo is also gearing up to revamp its entire working structure. In a memo released out to all of the employees who work for Yahoo, working from home will no longer be an option. That's right, those who work full-time from home and those who only work a few days from home will all have to work straight from various Yahoo offices starting in June.
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Yahoo co-founder joins Lenovo’s board of directors
Jerry Yang, one of the co-founders of Yahoo Inc., is now part of Lenovo’s board of directors. His new position is called the “plum” position, because the only thing he has to do is sit in on the meetings and offer his views. He has no voting rights, or any rights at all. For just being on the board and offering his two cents, he will be paid nearly $200,000. He will be paid $61,875 in cash and be given $135,000 in equity rights.
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Yahoo gets personal with homepage revamp
Yahoo! has launched a new, refreshed homepage, with a greater emphasis on personalization together with aggregation of news, entertainment, Facebook recommendations, and more. Designed for both desktop and mobile browsers, whether on tablet or smartphone, the new Yahoo! experience includes an updated set of applications, including pulling Facebook birthdays in if you log in with your account, and fitting recommended news articles from friends into an infinite scroll feed.
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Microsoft search deal fails to deliver according to Yahoo CEO
Microsoft has provided the default search results for Yahoo for the last several years. This deal predates Yahoo's new CEO Marissa Mayer significantly. Recently Mayer said that the search partnership between Microsoft and Yahoo was not delivering the sort of gains in market share or the type of revenue that the partnership should deliver. Mayer specifically said that Yahoo wants collective growth rather than just trading share with Microsoft.
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Yahoo! pens deal to allow Google ads on its web properties
Yahoo! announced earlier today that it has penned a deal with Google that will allow the Internet giant to display advertisements on its Web properties. The particularities of the deal weren't revealed, but nonetheless it's a big move for both companies, and both are sure to benefit from it. Under the deal, Google's ads will show up on Yahoo's various websites.
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Yahoo CEO Mayer: Lack of hardware, software allows for “strong partnerships”
Yahoo CEO Marissa Mayer took the reigns of the company back in July, and it's been a busy time for her and the company so far. Mayer has made quite a bit of changes, including hiring a new head for Yahoo's Flickr division, as well as giving all employees a new company smartphone. The CEO also just did her first television interview with Bloomberg, and she revealed some details about the company and reflected on her time so far as CEO.
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