SAN FRANCISCO (AP) — After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online blogging forum Tumblr in a risky acquisition that revolves around the vision and instincts of a 26-year-old entrepreneur who dropped out of high school to pursue his dream of bringing more beauty and creativity to the Internet.
NEW YORK (AP) — As a teenager, Tumblr CEO David Karp would canvass the streets of New York City’s Upper West Side, offering to build websites for local businesses. After his freshman year of high school, the precocious, computer-savvy kid decided to drop out altogether to devote more time to his passion for technology.
SAN DIEGO (AP) — Manti Te’o isn’t hiding out. He’s just not talking to the media.
BOISE, Idaho (AP) — An Internet entrepreneur and former Wall Street derivatives analyst contends central Idaho’s Sun Valley resort and the Twitter Inc. social media site heisted his handle.
May 20
As GOP weighs how best to profit from Obama’s problems, Democrats hope it overplays its hand