Posts Tagged Technology

Forum to focus on developing C. Ind. as sports hub

INDIANAPOLIS (AP) — Two athletic-oriented groups will hold a public forum next week to discuss ways to turn central Indiana into a hub for sports innovation.

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Yahoo takes big leap with $1.1B deal for Tumblr

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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Tumblr CEO’s mom gushes over billion-dollar baby

In this Oct. 1, 2012 file photo, Tumblr founder David Karp participates in the "Bloomberg Leadership Summit" seminar in New York. In a deal announced Monday, May 20, 2013, Yahoo is buying New York-based Tumblr, the online blogging forum, for $1.1 billion. About $275 million will go to Karp, 26, who dropped out of high school to concentrate on computer programming and started Tumblr six years ago. (AP Photo/Charles Sykes/Invision for Advertising Week)

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.

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Idaho couple and Sun Valley land in Twitter tussle

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.

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Daft Punk goes outside comfort zone for new album

In this April 17, 2013 photo, Thomas Bangalter, left, and Guy-Manuel de Homem-Christo, from the music group, Daft Punk, pose for a portrait in Los Angeles.  The electronic duo's new studio album, "Random Access Memories" releases in the US on May 21, 2013. (Photo by Matt Sayles/Invision/AP)

LOS ANGELES (AP) — It’s tempting to say Daft Punk has gone Hollywood.

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