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Tumblr Founder a High School Drop-Out

How David Karp left school, found success

(Newser) - At 14, David Karp—who would one day found Tumblr—was already obsessed with computers and bored with school. So his mom, a science teacher, suggested he drop out. "It became very clear that David needed the space to live his passion. Which was computers," Barbara Ackerman tells...

Yahoo Promises Not to 'Screw Up' Tumblr

Tumblr CEO David Karp echoes that: 'We're not turning purple'

(Newser) - As Marissa Mayer puts it , "Tumblr. + Yahoo! = !!" As Tumblr CEO David Karp puts it , "F--- yeah." The two companies this morning announced that a definitive agreement has been reached and that Yahoo will indeed acquire Tumblr for $1.1 billion, a transaction that Mayer...

Yahoo to Buy Tumblr for $1.1B
 Yahoo to Buy 
 Tumblr for $1.1B 
May 19, 2013 11:50 AM CDT

Yahoo to Buy Tumblr for $1.1B

Board approves cash deal in 'foregone conclusion'

(Newser) - The rumors were apparently pretty accurate : Yahoo will indeed acquire Tumblr, and its board has approved a $1.1 billion cash deal for the blogging site. The board met today and unanimously OKed the deal, in what AllThingsD 's Kara Swisher reports was "a foregone conclusion." It'...

Coming Soon: Caffeine-Infused ...Toothbrush?

Colgate applies for chemical-releasing brush patent

(Newser) - Who needs a morning coffee when your toothbrush releases a dose of caffeine? Colgate has applied for a patent on a brush that could do just that. The application describes "a toothbrush that releases a chemical into the mouth during use," but it won't stop at caffeine,...

Report: Yahoo In 'Serious' Talks to Buy Tumblr

...but Facebook, Microsoft may be interested too

(Newser) - The tech world is abuzz today over reports that Yahoo is in talks to invest in, partner with, or just plain buy Tumblr, in an attempt to, to quote Yahoo CFO Ken Goldman, make the company "cool again." Goldman uttered those words earlier this week, saying that the...

Mayer Beefs Up Yahoo's Maternity Policy

Move follows controversy over telecommute ban

(Newser) - Yahoo stirred up controversy when CEO Marissa Mayer banned working from home ; now, Mayer is reaching out to fellow parents by way of a beefed-up maternity policy. Moms will now get 16 weeks of paid leave, with new dads getting eight, NBC Bay Area reports. That's double the new...

17-Year-Old Millions Richer Thanks to App

Nick D'Aloisio sells Summly to Yahoo

(Newser) - It's hard not to be a little bit wowed by the latest tale of tech riches: A 17-year-old Brit has sold news app Summly to Yahoo, reports AllThingsD , whose Kara Swisher was told by sources that the purchase price was $30 million. Not too shabby for an app with...

Sheryl Sandberg Has Marissa Mayer's Back

A male CEO would never have been attacked with the same intensity, she says

(Newser) - In an extensive interview with Time focusing on her new book, part memoir/part "feminist manifesto" Lean In, Facebook COO Sheryl Sandberg takes a moment to support her friend, Yahoo CEO Marissa Mayer. Mayer, who was jumped on for ending Yahoo's work-at-home policy and was particularly criticized by work-at-home...

Yahoo Gave Marissa Mayer $1.1M Bonus After 6 Months

Plus restricted stock worth $13.3M

(Newser) - Marissa Mayer got a pretty sweet six-month anniversary gift from Yahoo: She spent just half of 2012 as CEO, and got a $1.12 million cash bonus for her troubles, CNNMoney reports. She also received restricted stock worth $13.3 million, according to company filings. This year Mayer, who started...

Best Buy Kills Freewheeling Work-From-Home Program

Now, you'll need a manager's permission to telecommute

(Newser) - First Yahoo sparked a backlash by telling workers they had to come into the office; now Best Buy—which has had one of the most progressive telecommuting policies going—is doing much the same thing. Ever since 2005, Best Buy has had a "Results Only Work Environment," meaning...

Why Working at Home Can Be a Bad Idea

Slate's Katie Roiphe thinks a clear separation helps creativity

(Newser) - Marissa Mayer's decree requiring that Yahoo employees stop working from home and instead schlep to the office has set off a wave of pro and con arguments. Count Katie Roiphe of Slate , who has experience in both worlds, in Mayer's camp. When you work from home, you're...

Yahoo Defends Work-at-Home Ban

Move 'is about what is right for Yahoo right now'

(Newser) - Marissa Mayer's recently announced ban on telecommuting at Yahoo has caused quite a brouhaha ; now, the company is responding. "This isn’t a broad industry view on working from home," the firm says in a statement issued yesterday, per the New York Times . "This is about...

Yahoo Bans Telecommuting, Outrage Ensues

Marissa Mayer's new policy inspires a flurry of reactions

(Newser) - Marissa Mayer is making huge waves at Yahoo by banning telecommuting at the company—employees aren't happy, and most pundits are on their side. A sample of the reactions to Mayer's new policy, which AllThingsD revealed last week:
  • "Mayer is trying to put together a 21st century
...

Report: Online Pirates Take Advantage of Google, Yahoo

They're among top ad providers to piracy sites: study

(Newser) - Online piracy may come mostly through a seemingly neverending supply of torrent sites, but a new study is shining a light on the role mainstream online companies—namely, giants Google and Yahoo—have in supporting piracy. After all, even torrent sites need ads to survive, and many of their ads...

It's a Baby Boy for Yahoo CEO Marissa Mayer

Husband Zachary Bogue reveals the news on Twitter

(Newser) - Now the multi-tasking really begins: New Yahoo CEO Marissa Mayer has given birth to a baby boy and still plans to keep working from home, reports the Wall Street Journal . "Baby boy Bogue born last night," husband Zachary Bogue tweeted . "Mom ... and baby are doing great—we...

Mayer Gives Yahoo Workers Free iPhones

New CEO offers iPhone 5, Galaxy S3 ... you name it

(Newser) - Marissa Mayer's quest to boost morale at Yahoo doesn't stop at free food and office makeovers . The new CEO is also offering employees a brand-new smartphone with free data and phone service, Business Insider reports. Workers in 22 countries must ditch their Blackberry—Yahoo's current corporate phone—...

Yahoo Fires Reporter for Romney Slam

Said Romneys 'happy to party with black people drowning'

(Newser) - Remember when Hurricane Katrina spurred Kanye West to say that George W. Bush didn't care about black people ? Well, this is kinda like that—except it involves a reporter, not a celebrity. Seems a hot mic caught Yahoo News Washington bureau chief David Chalian saying today, during a...

German Official: Mayer's Maternity Leave Too Short

Female Cabinet member criticizes Yahoo exec's decision

(Newser) - New Yahoo CEO Marissa Mayer says she plans to take a few weeks off for maternity leave and even work from home when she has her baby . This has suddenly become a political issue—in Germany. The nation's minister of family affairs tells Der Spiegel that Mayer is setting...

Marissa Mayer Gives Yahoo a 'Cool' Makeover

Free lunches, new layout aimed at happier workplace

(Newser) - With Marissa Mayer at the helm for just two weeks, Yahoo is already looking more and more like her old workplace, Google: more "collaborative and cool," writes Kara Swisher at AllThingsD . That means some fresh perks for workers, most notable among them, free food in the company's...

Mayer&#39;s Job: Figure Out What Yahoo Is

 Mayer's Job: 
 Figure Out 
 What Yahoo Is 
david carr
Jul 23, 2012 11:32 AM CDT

Mayer's Job: Figure Out What Yahoo Is

David Carr's guess: It's all about news

(Newser) - Yahoo is so unsure of its own goals that David Carr wonders "whether the frothy trademark Yahoo! should be replaced with Yahoo?," he writes in the New York Times . Now that Marissa Mayer is onboard as CEO, it's time for the company to define itself. And Carr...

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