Posts Tagged Social networking

Yahoo takes big leap with $1.1B deal for Tumblr

May 20

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Yahoo CEO Marissa Mayer speaks during a news conference Monday, May 20, 2013, in New York. Yahoo edged up 31 cents, or 1.2 percent, to $26.83 after the Internet company said it was buying online blogging forum Tumblr for $1.1 billion. (AP Photo/Frank Franklin II)

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.

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Tags: Business, By MICHAEL LIEDTKE, Corporate news, Corporate stock, General news, Industries, Information technology, Lifestyle, Media, Media and entertainment industry, Mobile media, Online media, Ownership changes, Professional services, Relationships, Social media, Social networking, Technology

A year after IPO, Facebook aims to be ad colossus

May 19

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In this May 18, 2012, file photo, provided by Facebook, Facebook founder, Chairman and CEO Mark Zuckerberg, center, rings the opening bell of the Nasdaq stock market, from Facebook headquarters in Menlo Park, Calif. Amid the hype and excitement surrounding Facebook's initial public offering, there were looming doubts. Potential investors wondered whether the social network could continue growing its advertising revenue without alienating users. One year later, much has changed at Facebook in a year, including the addition of mobile advertisements, the launch of a search feature and the unveiling of a branded smartphone. (AP Photo/Nasdaq via Facebook, Zef Nikolla, File)

NEW YORK (AP) — It was supposed to be our IPO, the people’s public offering.

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Tags: Business, By BARBARA ORTUTAY, Consumer products and services, Corporate news, Corporate stock, Industries, Information technology, Lifestyle, Marketing and advertising, Media, Media and entertainment industry, North America, Online media, Personal finance, Products and services, Relationships, Social media, Social networking, Technology, Telecommunications, United States

A year after IPO, Facebook aims to be ad colossus

May 17

Posted by admin in Business | Comments off

In this May 18, 2012, file photo, provided by Facebook, Facebook founder, Chairman and CEO Mark Zuckerberg, center, rings the opening bell of the Nasdaq stock market, from Facebook headquarters in Menlo Park, Calif. Amid the hype and excitement surrounding Facebook's initial public offering, there were looming doubts. Potential investors wondered whether the social network could continue growing its advertising revenue without alienating users. One year later, much has changed at Facebook in a year, including the addition of mobile advertisements, the launch of a search feature and the unveiling of a branded smartphone. (AP Photo/Nasdaq via Facebook, Zef Nikolla, File)

NEW YORK (AP) — It was supposed to be our IPO, the people’s public offering.

Read the rest of this entry »

Tags: Business, By BARBARA ORTUTAY, Consumer products and services, Corporate news, Corporate stock, General news, Industries, Information technology, Lifestyle, Marketing and advertising, Media, Media and entertainment industry, North America, Online media, Products and services, Relationships, Social media, Social networking, Technology, Telecommunications, United States