Results see increased migration to mobile, decreasing price per ad
Yahoo has released its first quarter earnings report, with mixed successes. The company posted revenue of $1.13 billion for the first quarter of 2014, a one percent decrease from the first quarter of 2013. Net earnings for the first quarter of 2014 was $312 million, a 20 percent decrease compared to $390 million in the first quarter of 2013. However, search revenue climbed to $445 million from $425 million in the year-ago quarter. Paid clicks increased six percent, with an eight percent increase in price per click.
TransferWise money transfer app now available for Android
London-based startup TransferWise has launched a native Android app, allowing users to transfer money between currencies. A peer-to-peer service, TransferWise facilitates direct money transfers to users in other countries. Six months earlier, TransferWise had released an iOS native app, with the "app" for Android users available on Google Play until today being only a shortcut to its website. Free to download, TransferWise for Android is compatible with Android 2.3 or later.
eBay, Amazon, HP, Oracle near bottom of major corporations
In terms of datacenters, Apple has scored the top position on a new Greenpeace list of the most environmentally-friendly high-tech businesses. The company is the only one with a 100 percent figure on Greenpeace's "clean energy index," since its datacenters are completely free of any dependence on coal, nuclear power, or natural gas. It also has an "A" score under categories of Energy Transparency, Commitment & Siting Policy, and Deployment & Accuracy. It achieved a B in terms of Energy Efficiency & Mitigation.
Acquisition could lead to YouTube competitor from Yahoo
Yahoo could be looking to acquire video service News Distribution Network for $300 million, according to a report. The acquisition, which is said to be in preliminary talks at the moment, could lead to Yahoo CEO Marissa Mayer taking on her previous employer by creating its own video sharing service similar to the currently-dominant YouTube.
First migration related to NCAA basketball tourney bracket selection
Adding to the list of substantive changes by the new CEO, Yahoo will stop the practice of letting users access Yahoo services by signing in with Google or Facebook login information. The migration will happen gradually, with the ultimate goal of 100 percent of services requiring a Yahoo account over the next year.
Automated facial recognition performed on webcam stills by UK security agency
The British security intelligence agency GCHQ secured millions of photographs from webcams used with Yahoo's chat services, a report alleges. The agency is claimed to have captured and stored images from more than 1.8 million users in one six month period in 2008 alone, with the surveillance activities said to have continued from 2008 to 2010, though it is possible the program continued for years afterward.
Companies want easier time recouping legal fees
A collection of companies -- including Apple, Google, Yahoo, Intel, Cisco, and Facebook -- are asking the US Supreme Court for measures to help deter frivolous patent lawsuits, Bloomberg reports. In particular, the companies are seeking to change the language used to determine when a defendant can claim coverage of legal fees from a plaintiff. The current standard allows coverage only if a suit is ruled "objectively baseless" and filed in bad faith.
FISA requests detailed in agreement with US government
A group of tech companies have released more information about government requests from the NSA and other agencies for user information, as part of their transparency reporting programs. Google, Facebook, LinkedIn, Yahoo, and Microsoft have all posted more statistics online for these Foreign Intelligence Surveillance Act (FISA) requests, following an agreement between the companies and the US Department of Justice (DoJ).
Affected users notified by e-mail, SMS to change password
Yahoo email users seem to be the most recent victim of mass data theft. The search engine, in a security update posted today, claims to have "identified a coordinated effort to gain unauthorized access to Yahoo Mail accounts." The company then took action on behalf of its users, prompting them to reset passwords on the breached accounts.
iOS app soon to become unavailable
Donna developer Incredible Labs has been acquired by Yahoo, according to an official announcement. Most of the company's seven workers will be taking jobs at Yahoo. The Donna iPhone app, however, will soon be pulled from the iOS App Store.
Despite drop, income climbs year-over-year to $348.2 million
Yahoo's quarterly financial results once again suffered from decreasing online advertising prices. For the fourth consecutive quarter, Yahoo revenue fell -- dropping six percent to $1.266 billion. Net income rose to $348.2 million, up from the $272.3 million in the same quarter a year ago.
No comment by Yahoo or De Castro on reasons behind premature exit
Early Marissa Mayer Yahoo hire Henrique de Castro is leaving the search engine's employ after 15 months on the job. A memo to Yahoo staff claims that Mayer has fired the executive and restructured the upper management of the company. Neither Yahoo nor de Castro have commented on the reasons behind the departure.
Up to six different malware packages installed by merely viewing an ad
Users visiting Yahoo's homepage over the last several days have been exposed to Java-based malware through the Yahoo advertising network. Researchers have claimed that advertisements holding the malicious code were displayed nearly 300,000 times per hour. No click was required to trigger the code -- merely visiting the site displaying the malware-laden ad was sufficient for attack on machines with active Java plug-ins installed.
Yahoo developing natural language digital assistant
Yahoo is working on its own voice-controlled digital assistant to rival that of Google Now and Apple's Siri, according to a new report. Android Police revealed on Wednesday a video that appears to show a Yahoo-branded personal assistant app running on an Android device. Sources familiar with Yahoo's plans say that the web giant will leverage its massive existing user base and various services to push out a service comparable to Apple and Google's offerings.
On the agenda are NSA surveillance, Obamacare, income inequality
President Obama is spending part of December 17 in conference with an assortment of Silicon Valley executives in order to "address national security and the economic impacts of unauthorized intelligence disclosures." On tap to meet at the White House are Apple CEO Tim Cook, Yahoo President and CEO Marissa Mayer, Google Executive Chairman Eric Schmidt, AT&T Chairman and CEO Randall Stephenson, and 11 others.
Yahoo Mail issue claimed to be harder to fix than initially believed
Yahoo has acknowledged that a number of users were not able to access Yahoo Mail for part of this week, with the company apologizing for the outage on the official blog. The mail downtime commenced on Monday, with the company claiming to have fixed the issue for the majority of affected users last night, though support teams are apparently still working on some loose ends.
Yahoo snaps up another app team for video features
Internet giant Yahoo has acquired yet another small company, this time QuikIO, which provided cross-platform video streaming services, as well as an app for Apple's iOS platform. Pando Daily confirmed the acquisition this week, pointing out that the service will be shutting down by December 31 of this year. The acquisition is the latest in a string that has seen Yahoo snapping up smaller companies as it attempts to retool for a push to regain mindshare in the coming months.
Agents infiltrate World of Warcraft
Eight tech giants, including industry competitors Apple, Google and Microsoft, have joined forces to demand reforms to the US government's surveillance tactics. In an open letter sent to President Barack Obama and members of Congress, the companies argue that current surveillance practices, as detailed in ongoing leaks from former National Security Agency staffer Edward Snowden, have created an imbalance "too far in favor of the state and away from the rights of the individual-rights that are enshrined in our Constitution."
Four-member startup joins Yahoo Labs team for language processing work
Yahoo is continuing its trend of buying companies, and has announced possibly its last acquisition for this year. The search company has confirmed its purchase of SkyPhrase, a startup that is working on processing natural language requests, for an undisclosed amount, with the company's small team of four employees being integrated into the Yahoo Labs team in New York.
Yahoo Screen includes news, music, various TV shows
Apple has silently added two new app channels to the Apple TV interface. The first, PBS, grants access to some of the public broadcaster's TV shows. Yahoo Screen incorporates live news, events, and music, as well as original Yahoo programs, and content from third parties like The Daily Show, ABC News, and Saturday Night Live.
Users will have more encryption options in Q1
Yahoo has announced plans to encrypt all information that moves between its data centers, in an attempt to prevent unauthorized access by the National Security Agency or other government agencies. The company is also preparing to add new encryption options for users, enabling all data to be encrypted on its way to and from Yahoo's servers.
Google, Microsoft, Facebook, Yahoo, Twitter memo over spying concerns
A group of technology companies has asked members of the UK government that there needs to be a debate about Internet surveillance. Facebook, Microsoft, Google, Yahoo, and Twitter have jointly written a memo to Members of Parliament (MPs) calling for more transparency in requests for information by government-controlled organizations, such as GCHQ.
Yahoo recovery progressing despite challenging online advertising market
Yahoo today reported results for the quarter ended September 30. The company posted $1.139 billion for the third quarter of 2013, a five percent decrease from the third quarter of 2012. Revenue, excluding traffic acquisition costs, was $1.081 billion -- a one percent decrease compared to the year-ago quarter.
Apps get conversation views, 1TB of free storage
Yahoo is launching redesigned web, iOS, and Android versions of its Mail app, according to an announcement. The most immediately obvious addition is a more striking visual theme, which pulls from curated Flickr photos. This allows a theme to be picked on one device but propagate to the Mail app on several devices simultaneously.
Laws would only offer more precision in reporting gov't. requests
Apple, Google, Microsoft, Facebook, and Yahoo are among the companies that have signed a new Center for Democracy and Technology letter asking the US Congress to pass Rep. Zoe Lofgren's (D-CA) Surveillance Order Reporting Act of 2013, and Sen. Al Franken's (D-MN) Surveillance Transparency Act of 2013. The bills were first introduced in August, and would let companies be more precise about when and how often they receive national security-related requests and hand data over to the government.
2010 slideshow identifies 38 different ways of tracking iPhone users
A National Security Agency presentation from 2010, leaked to Germany's Der Spiegel by Edward Snowden, calls former Apple CEO Steve Jobs "Big Brother" and iPhone customers his "zombies." The presentation is titled Exploring Current Trends, Targets and Techniques, and as a whole discusses NSA efforts to hack into iOS, Android, and BlackBerry devices. Slides on iPhone location services make reference to Apple's own famous "1984" Macintosh ad, and by extension George Orwell's novel warning about government surveillance and the manipulation of history.
App facilitates slide show presenting via iOS
Boinx Software today released its latest product, PhotoPresenter for iOS. Suitable for impromptu 'show-and-tell' situations, PhotoPresenter lets users display a device's photo library by connecting their iPhone, iPad or iPod to an HDTV set or a projector through HDMI, VGA or AirPlay. The audience of the images sees only what is selected to be displayed, and presenters can jump freely between media files. Available for $1, PhotoPresenter can be purchased via the iTunes App Store.
Company highlights its FISA challenge
Yahoo has published its first global transparency report, outlining raw statistics surrounding government requests for user data in the first half of the year. In an accompanying blog post, Yahoo general counsel Ron Bell criticized the US government and highlighted the company's two-year legal challenge against the 2008 amendments to the Foreign Intelligence Surveillance Act (FISA).
Yahoo starts offering username expiry monitoring for $2
Yahoo is starting to offer older disused usernames up for reuse, and allowing potential owners to pay $2 for alerts when a username expires. The new Watchlist will allow a user to monitor up to 5 usernames, with e-mails automatically sent when any names on the list become dormant in a three-year period. Usernames will also be held for 14 days, giving the Watchlist user time to register without added competition from other potential username owners.
IQ Engines API to close in next 30 days
Yahoo has continued its buying spree by acquiring an image recognition startup. IQ Engines, a startup specializing in recognizing items in photographs and cataloging such items, has been purchased for an undisclosed amount by Yahoo, with the team behind it shuttering its API in the next 30 days and moving over to work with Yahoo employees working on Flickr.
Nokia commences rollout of Amber update to Lumia phones
Nokia has started to roll out the Amber update for Lumia devices running on Windows Phone 8. The rollout, set to occur throughout August until the end of September according to Nokia Conversations, will introduce the Smart Camera app, improved image processing, the Nokia Pro Camera for Lumia 920, 925, and 928; Nokia Glance Screen for when phones are inactive, faster map updates, changes to Xbox Music and Internet Explorer, and a new FM radio app.
Hiring of Bernardo Hernandez latest Google-Yahoo tansfer
Yahoo has installed a new leader for Flickr, with Google's managing director of product management for Zagat transferring to the company. The addition of Bernardo Hernandez to Yahoo to replace the resigned Brett Wayn is the latest ex-Google employee to take a prominent position in the company under the leadership of Yahoo CEO and early Googler Marissa Mayer.
Social discovery browser purchased, team moves to Yahoo
Yahoo has acquired Rockmelt, a content discovery app that started life as a web browser build with heavy social network integration. The latest purchase by Yahoo, speculated to be in the region of $60 million and $70 million, means that all of its apps and the web service will be shuttering at the end of the month, with users being encouraged to export their data before closure.
Yahoo-owned blogging service will not police content hosted on servers
Tumblr has clarified its policy for users posting adult content on their blogs. While the company seemingly does not want to police such content on its service, it will be blocking blogs dedicated to porn and other similar topics from its own internal search, as well as preventing them from being indexed by third-party search engines, such as Google or Bing.
New product launches cited for quarterly results
Yahoo has posted its quarterly earnings report results, seeing little actual improvement to its bottom line. The search engine posted revenue at $1.135 billion for the second quarter of 2013, a seven percent decrease from the second quarter of 2012. Income at $137 million for the quarter is claimed to be 150 percent of the second quarter of 2012, but the second quarter of 2012 included a restructuring charge of $129 million. Not including the restructuring charge, income actually fell 26 percent from the second quarter of 2012.
AltaVista, Yahoo Axis, RSS Alerts hit by closure announcement
Yahoo has listed off another 12 products that the search company will be shuttering over the summer. AltaVista, a search engine bought by Yahoo in 2013, is the most notable from the list, with the shutdown of a number of services part of "an ongoing effort to sharpen our focus and deliver experiences that enhance your daily lives," according to the company blog.
iOS versions of the developers apps no longer available
PhotoForge 2 developer GhostBird Software has announced that it is joining Yahoo's Flickr team. The company will be bringing its entire team and intellectual property involved with iOS apps KitCam and PhotoForge 2 to the rejuvenated photo storage locker. Effective immediately, users who purchased the apps from the iOS app store will no longer be able to re-download the apps.
Some IDs have been unused for more than a decade
In a first-of-its-kind purge for the search engine, Yahoo is freeing up old IDs that have been inactive for at least 12 months. In mid-July, users can stake a claim on what Yahoo IDs they want to claim that have been in use. Yahoo will award the credentials in mid-August.
Charges of widespread monitoring follow discovery of Verizon NSA data collection
Just a day after respected UK newspaper The Guardian reported that a leaked secret US court order showed that the National Security Agency (NSA) was harvesting millions of phone records and "telephony metadata" from Verizon customers, a new report from The Guardian and the Washington Post has charged that the NSA is further using a secret program called PRISM to harvest usage data from the internal servers of most of America's major tech companies -- including Apple, Google, Microsoft and many others.
Yahoo redesigns search page, improves loading times
Yahoo has redesigned its search page with a more streamlined appearance. The update, which will roll out to US-based users today, uses a much flatter design than before, pushes the search results higher up the page, and also introduces a navigation bar to other Yahoo services at the top. Aside from changing the design to something that seemingly borrows from the Google design playbook, the Yahoo blog claims that some behind-the-scenes work has also led to improved loading times for results.
Web giant continues makeover by acquisitions
Yahoo has reportedly entered a bid to buy Internet television service Hulu, according to reports. The web giant submitted a bid for Hulu on Friday, sources tell AllThingsD, though the dollar figure for Yahoo's bid was unknown. Should Yahoo win the bidding process, Hulu would mark the second large acquisition the company has made since CEO Marissa Mayer came to the helm of the firm.
Large tech companies hide funds in Cayman Islands, Switzerland
Large tech firms are coming under scrutiny over their tax avoidance measures, following the testimony of Apple executives to a US Senate Permanent Subcommittee. Google, Yahoo, Cisco, and other multinational corporations have been found to be using an assortment of tax loopholes and off-shoring in order to avoid paying governments in the US and Europe at least $100 billion.
Pro users retain all the previous benefits as long as account is kept current
Flickr Pro users have been informed by Yahoo about the future of the once-premium accounts. As long as the user's account is kept in good standing, customers paying $25 per year for unlimited storage will be allowed to keep the plan indefinitely, with no plans for the Pro benefits to be purged.
Capacity revealed at NYC presser
Speaking at tonight's Yahoo press event in New York City, Marissa Mayer and Yahoo's Mobile Engineering Senior Vice President and Flickr product manager Adam Cahan revealed the new Flickr and accompanying new Android app, offering users 1TB of photo storage in a "very metro" user interface.
Number of blog transfers to Wordpress spikes after Board approval
Yahoo has confirmed it has bought Tumblr, in a deal noted yesterday to be in the region of $1.1 billion. The search company has already moved its company blog over to the blogging platform, and despite CEO Marissa Mayer saying "We promise not to screw it up," there is reportedly a large jump in the number of users moving from Tumblr to Wordpress.
Stagnant Internet giant buys popular young property
In the latest step of CEO Marissa Mayer's plan to turn around popular but stagnating Internet giant Yahoo, the company's board has reportedly approved a $1.1 billion acquisition of the social sharing site Tumblr. The board met on Sunday to discuss the acquisition, which appears to have been a foregone conclusion due to the fact that Yahoo had already scheduled a Monday event on Friday. The company is expected to announce the acquisition at that event.
Suspected topics Tumblr acquisition, Flickr update
Yahoo is holding a "product-related" event on May 20. The New York City event will see CEO Marissa Mayer speaking on an undisclosed topic for about an hour at 5PM EST, which the company calls in an mass email "something special."
Offer for blogging platform claimed could top $1 billion
Yahoo is in discussions to acquire or work with blogging service Tumblr, according to reports. The talks between the two companies are, depending on the report, concerning a possible strategic alliance between the two or an outright purchase of Tumblr, with the search engine said to be offering as much as $1 billion.
Trial centers on failure of Yellow Pages service
The Superior Court of Mexico has overturned a lower court ruling that found Yahoo liable for $2.75 billion in damages. Plaintiffs Ideas Interactivas and holding company Worldwide Directories sued Yahoo over breach of contract and lost profits on a yellow pages service.
Analyst increases Yahoo gross revenue estimate by $60M
Microsoft has extended its revenue guarantee with Yahoo, according to an SEC filing. The revenue-per-search guarantee, part of the ten-year deal the two companies struck in 2009, will be extended by one additional year, allowing Yahoo to earn more revenue than it otherwise would have if the guarantee fully elapsed.