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Yahoo CEO gets resume grilling

, May 4th 2012 Discuss [8]

Scott Thompson, CEO of Yahoo! and former president of Paypal, has come under fire recently after it was discovered that he doesn’t have the computer science degree that he claimed to have earned on his résumé. It was revealed that Thompson has a degree in accounting from Stonehill College, but not a degree in “accounting and computer science” as had previously been thought. Read The Full Story

Facebook’s patent purchases simplified

, Apr 23rd 2012 Discuss [2]

It was revealed today by Facebook that they'd be picking up nearly 1,000 patents, patent applications, and licenses for patents from Microsoft, the latter company having purchased these and more from AOL last year. Facebook's renewed search and purchase mission this spring, it should be no secret, comes amid their current spat with Yahoo over patents both companies say the other has infringed. Facebook's purchase of patents today from Microsoft is said to be a continuation of a deal that was forged last year when it was Microsoft who picked up an "all or nothing" package from AOL for $1 billion USD. Read The Full Story

Facebook earnings turn to Instagram and Yahoo

, Apr 23rd 2012 Discuss [0]

There's something to be said about a company as seemingly fantastically successful as Facebook in regards to earnings which show growth over the year, but not over the quarter. That appears to be the case with Facebook here in their Q1 earnings report which has them at $1.06 billion revenues here in the first fiscal quarter of 2012, this up from $731 million during the same quarter last year but down from $1.131 billion the last quarter of 2011. That said, Facebook's earnings call has many similar shows of ups and downs, including how it's about to deal with Instagram. Read The Full Story

Yahoo CEO says the company has been doing “way too much”

, Apr 18th 2012 Discuss [2]

Yahoo has been taking a beating for a long time now as the company loses market share and key employees. Yahoo's CEO Scott Thompson spoke recently at the company's earnings call after his first full quarter as CEO and talked about shedding some of the things Yahoo has been doing. According to Thompson, Yahoo has been doing too much. Read The Full Story

Yahoo Chief Product Officer resigns

, Apr 6th 2012 Discuss [1]

Things have been rough at Yahoo for a long time now. Yesterday the company announced massive layoffs with 2000 workers feeling the axe. The brunt of those cuts came within divisions that were overseen by Yahoo Chief Product Officer Blake Irving. Sources close to Yahoo claim that Irving has turned in his resignation. Read The Full Story

Yahoo expected to lay off 2000 workers today [Update: Confirmed]

, Apr 4th 2012 Discuss [2]

Last week word of pending layoffs at Yahoo surfaced. At the time there were no specific number placed on the layoffs, speculation places them in the thousands. Yesterday reports surfaced that Yahoo would be laying off up to 2000 employees today as the first step of even more layoffs to come the future. Given the very dire circumstances at Yahoo, layoffs come as no surprise. Read The Full Story

Facebook fires back at Yahoo with 10 patent countersuit

, Apr 4th 2012 Discuss [5]

It's a tit-for-tat world in patent lawsuits, and Facebook has fired back at Yahoo with a countersuit arguing the aging search company violates its tech in advertising, photo sharing and more. The response comes on the heels of Yahoo's case against Facebook last month, in which it was claimed the social network infringed on multiple patents and refused to pay license fees; Facebook described the suit as "puzzling" and embarked on a patent shopping spree, picking up 750 to bolster its defense. Ten patents are cited in the counter-claim. Read The Full Story

Yahoo to begin massive layoffs next week

, Mar 30th 2012 Discuss [4]

Yahoo is planning to announce layoffs next week followed by a major restructuring plan the week after, reported AllThingsD citing multiple sources. Under new CEO Scott Thompson, Yahoo is trying to refocus its products and drastically slim down its operations. The job cuts are expected to be in the thousands. Read The Full Story

Yahoo starts ‘Do Not Track’ this summer

, Mar 29th 2012 Discuss [1]

This week Yahoo Inc has announced that they'll offer their own "Do Not Track" feature on all of their associated websites by this summer. What we've learned over the past few weeks about how much and how often search engines, web browsers, and other web giants track us has been shocking, to say the least, and Yahoo appears to be joining the fray of groups attempting to win back customers turned off by such allegations. This feature will provide customers with a peace of mind, Yahoo hopes, that at this moment will come from nothing else but those three words: Do Not Track. Read The Full Story

Facebook buys 750 IBM patents for defense against Yahoo

, Mar 22nd 2012 Discuss [1]

In cased you missed the news regarding Yahoo's desperate attempts to sue Facebook for patent infringement, that is exactly what they are doing. Yahoo's social network and advertising patents have been heading up this attempt but according to Bloomberg Facebook just purchased some solid defense. Read The Full Story

What the Facebook Yahoo lawsuit means for you

, Mar 13th 2012 Discuss [2]

The short answer to the question of what this newest litigation will mean for you, the Facebook or Yahoo user, is "absolutely nothing." There've been countless cases like the one going on right this second going on for many years now back and forth between tech companies, and they will be continuing throughout the vast expanse of the business-driven industry. How it will affect the "good name" of either company in the short run is a different issue entirely - starting with Facebook's admission that they had no idea they were being sued by Yahoo until after the media reported it. Read The Full Story

Yahoo sues Facebook for patent infringement

, Mar 12th 2012 Discuss [1]

Yahoo has filed a patent infringement lawsuit against Facebook, a first in the realms of social media and an extension of the patent feuds already blistering in Silicon Valley between smartphone and tablet makers such as Apple, Microsoft, and Motorola. Yahoo pulled the trigger today following reports last month that the company had been threatening legal action against the social network, proving it wasn't bluffing. Read The Full Story
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