Thursday, July 19, 2012

Yahoo CEO Mayer's pay package worth more than $59M

Yahoo CEO Mayer's pay package worth more than $59M


Yahoo CEO Mayer's pay package worth more than $59M

Posted: 19 Jul 2012 07:20 PM PDT

FILE- In this Monday, April 19, 2010 file photo, Google vice president of search products and user experience, Marissa Mayer, attends the 2010 Matrix Awards presented by the New York Women in Communications at the Waldorf-Astoria Hotel in New York. Yahoo announced Monday, July 16, 2012, that it is hiring longtime Google executive Marissa Mayer to be its next CEO, the fifth in five years as the company struggles to rebound from years of financial malaise and internal turmoil. Mayer, who starts at Yahoo Inc. on Tuesday, was one of Google's earliest employees and was most recently responsible for its mapping, local and location services. (AP Photo/Evan Agostini)Yahoo is giving its new chief executive Marissa Mayer a compensation package worth more than $59 million over the next several years.


Google's 2Q earnings rise as clicks on ads soar

Posted: 19 Jul 2012 05:53 PM PDT

FILE- In this Thursday, April 12, 2012, photo, a Google logo is displayed at the headquarters in Mountain View, Calif. Google Inc. reports quarterly financial results after the market closes on Thursday, July 19, 2012. (AP Photo/Paul Sakuma, File)Google is getting even better at showing online ads to the right people at the right time. That enabled the Internet search leader to hit analysts' earnings target for the second quarter and reassure investors about the company's moneymaking prowess.


Microsoft reports first loss as public company

Posted: 19 Jul 2012 06:08 PM PDT

FILE- In this Monday, June 18, 2012, file photo, Microsoft CEO Steve Ballmer comments on the Windows 8 operating system before unveiling its new Surface, a tablet computer to compete with Apple's iPad at Hollywood's Milk Studios in Los Angeles. Microsoft Corp. reports quarterly financial results after the market closes on Thursday, July 19, 2012. (AP Photo/Damian Dovarganes, File)Microsoft posted its first quarterly loss in its 26 years as a public company on Thursday as it declared a struggling online ad business a bust and prepared for one of the biggest product updates in its history.


Watch five volunteers withstand a 1957 nuclear bomb test

Posted: 19 Jul 2012 02:20 PM PDT

Though we know a lot about how dangerous nuclear radiation is today, back in the earliest days of the Atomic Age, people were simply oblivious to the cancer risks. Ignorance is really the only excuse for this July 1957 footage … Continue reading →

Lay’s offering $1 million via Facebook to the best new potato chip recipe

Posted: 19 Jul 2012 02:16 PM PDT

Lay's is offering a cash prize to the person who creates the best new idea for a potato chip with its "Do Us a Flavor" contest. Three finalists will see their inventions realized, then the public will decide on the … Continue reading →

Chick-Fil-A Faces Gay Marriage Backlash on Twitter, Facebook

Posted: 19 Jul 2012 02:44 PM PDT

Chick-Fil-A Faces Gay Marriage Backlash on Twitter, FacebookChick-Fil-A president Dan Cathy sparked a firestorm among supporters and opponents after taking a public stance on the divisive issue this week.


Microsoft reports first loss as public company

Posted: 19 Jul 2012 06:08 PM PDT

FILE- In this Monday, June 18, 2012, file photo, Microsoft CEO Steve Ballmer comments on the Windows 8 operating system before unveiling its new Surface, a tablet computer to compete with Apple's iPad at Hollywood's Milk Studios in Los Angeles. Microsoft Corp. reports quarterly financial results after the market closes on Thursday, July 19, 2012. (AP Photo/Damian Dovarganes, File)Microsoft posted its first quarterly loss in its 26 years as a public company on Thursday as it declared a struggling online ad business a bust and prepared for one of the biggest product updates in its history.


New iPad goes on sale in China after suit settled

Posted: 19 Jul 2012 08:08 PM PDT

Apple released its newest iPad in China on Friday after settling a lawsuit over ownership of its name and requiring buyers to place orders in advance to control crowds.

Venture funding falls 12 percent in 2Q to $7B

Posted: 19 Jul 2012 09:03 PM PDT

Funding for startups fell 12 percent in the April-June period as venture capitalists poured less money into fewer deals than a year earlier. But the number of companies getting funded in the earliest stages of development reached the highest level in more than a decade — a hopeful sign for the broader economy and an indication that investors are willing to wait for returns.

Verizon's wireless glows, broadband hits wall

Posted: 19 Jul 2012 02:30 PM PDT

FILE- In this Tuesday, June 12, 2012, file photo, the Verizon logo is seen at Verizon store in Mountain View, Calif. Verizon Communications Inc., parent of the country's largest cellphone carrier, on Thursday, July 19, 2012, said its net income rose 13 percent in the second quarter as its wireless arm pulled in record profits. (AP Photo/Paul Sakuma, File)Verizon Communications Inc., parent of the country's largest cellphone carrier, on Thursday said its net income rose 13 percent in the second quarter as its wireless arm pulled in record profits.


Live Nation tops Android Apps of the Week

Posted: 19 Jul 2012 04:30 PM PDT

Better late than never, Live Nation finally made its way to the Android platform, connecting music fans with concerts and live performances across the country. Also hot this week was the premium launch of the popular Minecraft companion app, PocketInvEditor Pro, and Tivoli Radio, with a curated selection of customer-approved tunes. Here are this week's top Android apps.

At a Glance: Top-funded startups in 2Q

Posted: 19 Jul 2012 09:03 PM PDT

Funding for startups fell 12 percent in the second quarter as venture capitalists poured less money into fewer deals than a year earlier. A total of 898 deals were completed, reaping $7 billion, according to a study due out Friday.

Venture funding falls 12 percent in 2Q to $7B

Posted: 19 Jul 2012 09:03 PM PDT

Funding for startups fell 12 percent in the April-June period as venture capitalists poured less money into fewer deals than a year earlier. But the number of companies getting funded in the earliest stages of development reached the highest level in more than a decade — a hopeful sign for the broader economy and an indication that investors are willing to wait for returns.

Venture funding heats up in 2Q, hitting $7 billion

Posted: 19 Jul 2012 09:02 PM PDT

Funding for startups fell 12 percent in the April-June period as venture capitalists poured less money into fewer deals than a year earlier.

Apple's latest iPad makes low-key debut in China

Posted: 19 Jul 2012 08:41 PM PDT

A customer displays his new iPad during its China launch at the Shanghai Apple storeSHANGHAI (Reuters) - Apple Inc staged a low-key launch of its latest iPad in China on Friday, free of the chaotic scenes that plagued the tech darling's previous product debuts in its most promising growth market. The calm, orderly queues in Shanghai and Beijing came as a surprise to many Apple fans in China, who are used to standing overnight in snaking queues with scalpers to get their hands on the latest product. "I'm very surprised that there is no line. ...


New iPad goes on sale in China after suit settled

Posted: 19 Jul 2012 08:08 PM PDT

Apple released its newest iPad in China on Friday after settling a lawsuit over ownership of its name and requiring buyers to place orders in advance to control crowds.

U.S. Senator tells DOJ to drop Apple’s eBook price-fixing suit

Posted: 19 Jul 2012 07:30 PM PDT

U.S. Senator tells DOJ to drop Apple's eBook price-fixing suitUnited States Senator Charles Schumer (D-NY) has written an open letter to the Department of Justice, which was published by The Wall Street Journal, telling the agency to drop the eBook price-fixing lawsuit against Apple (AAPL) and two other major book publishers. Schumer warns that the suit could "wipe out the publishing industry as we know it, making it much harder for young authors to get published." The senator also notes that "the suit will restore Amazon to the dominant position atop the e-books market, if that happens, consumers will be forced to accept whatever prices Amazon sets." Schumer believes Amazon's "monopoly in digital publishing" is not in the best interest of publishers and authors, who are forced to make a


Apple's new iPad makes uneventful China debut

Posted: 19 Jul 2012 07:28 PM PDT

The latest iPad has received an uneventful launch in China after Apple Inc. settled a lawsuit with a local company over ownership of the popular tablet computer's name.

Online woes spark first ever loss for Microsoft

Posted: 19 Jul 2012 07:26 PM PDT

Microsoft has shown a profit of 73 cents a share, well ahead of Wall Street expectations of 62 centsMicrosoft posted its first ever loss, shedding $492 million in the fourth quarter due to a massive $6.2 billion write-down to reflect the slump in value of its online operations.


Yahoo CEO Mayer's pay package worth more than $59M

Posted: 19 Jul 2012 07:20 PM PDT

FILE- In this Monday, April 19, 2010 file photo, Google vice president of search products and user experience, Marissa Mayer, attends the 2010 Matrix Awards presented by the New York Women in Communications at the Waldorf-Astoria Hotel in New York. Yahoo announced Monday, July 16, 2012, that it is hiring longtime Google executive Marissa Mayer to be its next CEO, the fifth in five years as the company struggles to rebound from years of financial malaise and internal turmoil. Mayer, who starts at Yahoo Inc. on Tuesday, was one of Google's earliest employees and was most recently responsible for its mapping, local and location services. (AP Photo/Evan Agostini)Yahoo is giving its new chief executive Marissa Mayer a compensation package worth more than $59 million over the next several years.


EU orders Google to change mobile services: report

Posted: 19 Jul 2012 06:23 PM PDT

LONDON (Reuters) - EU regulators are demanding that Google makes broad changes to its mobile services as talks to settle an antitrust investigation enter their final days, the Financial Times reported on Friday. EU Competition Commissioner Joaquin Almunia favors reaching a settlement with the world's most popular search engine, which may face formal charges if concessions about its business practices are not made. The newspaper cited people briefed on the case in Brussels as saying the talks are on a "knife-edge" and Almunia is expected to decide next week whether they are worth continuing. ...

Hacker claims to have accessed 50,000 accounts from Wall Street IT recruiting firm

Posted: 19 Jul 2012 06:15 PM PDT

Hacker claims to have accessed 50,000 accounts from Wall Street IT recruiting firmAn Internet hacker belonging to a group called TeamGhostShell broke into recruiting website ITWallStreet.com, Computer World reported. The information compromised, which includes full names, mailing addresses, email addresses, usernames, hashed passwords and phone numbers, was posted online on Thursday, and thousands of hashed passwords have reportedly already been decrypted. The leaked data also includes details such as salary and bonus expectations of the potential employees and even feedback on specific candidates. Another file contained email conversations and thousands of phone call records between recruiters and potential candidates. The hacker behind the breach, known only as Masakaki, suggested the attack was meant as a sign of support for the Occupy Wall Street movement. Andiamo Partners, the New York-based recruiting firm that


Microsoft reports first loss as public company

Posted: 19 Jul 2012 06:08 PM PDT

FILE- In this Monday, June 18, 2012, file photo, Microsoft CEO Steve Ballmer comments on the Windows 8 operating system before unveiling its new Surface, a tablet computer to compete with Apple's iPad at Hollywood's Milk Studios in Los Angeles. Microsoft Corp. reports quarterly financial results after the market closes on Thursday, July 19, 2012. (AP Photo/Damian Dovarganes, File)Microsoft posted its first quarterly loss in its 26 years as a public company on Thursday as it declared a struggling online ad business a bust and prepared for one of the biggest product updates in its history.


Google's 2Q earnings rise as clicks on ads soar

Posted: 19 Jul 2012 05:53 PM PDT

FILE- In this Thursday, April 12, 2012, photo, a Google logo is displayed at the headquarters in Mountain View, Calif. Google Inc. reports quarterly financial results after the market closes on Thursday, July 19, 2012. (AP Photo/Paul Sakuma, File)Google is getting even better at showing online ads to the right people at the right time. That enabled the Internet search leader to hit analysts' earnings target for the second quarter and reassure investors about the company's moneymaking prowess.


Google profits surge on growing ad revenue

Posted: 19 Jul 2012 05:48 PM PDT

Google on Thursday reported a surge in quarterly profit to $2.79 billionGoogle reported a surge in quarterly profit to $2.79 billion on the back of rising online advertising revenue, beating Wall Street expectations.


New Planet Found, Smaller Than Earth, Orbiting Distant Star

Posted: 19 Jul 2012 05:19 PM PDT

New Planet Found, Smaller Than Earth, Orbiting Distant StarNASA's Spitzer Space Telescope Used to Find Small, Molten World


Botnet responsible for as much as 50% of global spam taken down

Posted: 19 Jul 2012 05:00 PM PDT

Botnet responsible for as much as 50% of global spam taken downComputer security experts on Wednesday revealed that they had successfully taken down Grum, the world's third-largest botnet, which was responsible for roughly 18% of global spam, according to The New York Times. According to CNNMoney, that figure could be as high as 50%. The security experts were able to block the botnet's command and control servers in both the Netherlands and Panama. While the service was successfully shut down, it wasn't long before Grum's architects set up seven new command and control centers throughout Russia and Ukraine. The team, however, was able to successfully block those servers, too. The researchers were able to kill the botnet again by tracing it back to its servers and alerting various Internet service providers. Most


Apple To Repeat On The EPEAT

Posted: 19 Jul 2012 04:39 PM PDT

Reversing a recent decision, Apple will conform to Electronic Products Environmental Asset Tool standards, or EPEAT, after all. Larry Greenemeier reports.

Verizon wireline disappoints, shares off 2.9 percent

Posted: 19 Jul 2012 04:33 PM PDT

Customers purchase the iPhone 4 shortly after the phone went on sale with the Verizon Wireless network in Boca Raton(Reuters) - Weakness in Verizon Communications Inc's enterprise business offset a better-than-expected wireless quarter, sending the telephone company's shares down 2.9 percent. After pushing Verizon's shares up 14 percent so far this year, investors focused in on the wireline miss on Thursday even as Verizon handily beat Wall Street estimates for wireless subscriber growth and profitability. While earnings per share (EPS) met Wall Street expectations for the quarter, analyst said that wasn't enough. ...


Dell aims to create $5 billion software business

Posted: 19 Jul 2012 04:21 PM PDT

A man wipes logo of Dell IT firm at CeBIT exhibition centre in HannoverSAN FRANCISCO (Reuters) - Dell Inc's new software chief plans to increase the size of the business five-fold, a target that could eventually account for at least 25 percent of the No. 3 personal computer maker's profits. John Swainson, the former chief executive of CA Technologies who joined Dell in February, said software is a higher margin business than most of the company's other units, but is not big enough to make a difference right now. ...


Watching a Fabulous Fabulist When You Know He's Fabulizing

Posted: 19 Jul 2012 04:08 PM PDT

Watching a Fabulous Fabulist When You Know He's FabulizingWithin the first 10 minutes of Wednesday's Washington D.C. performance of The Agony and the Ecstasy of Steve Jobs, Mike Daisey embodied the image I'd had of the man who lied to This American Life. "I've been doing this for a long time, it's a kind of professional blundering," he said before letting out a series of squawks while shaking his arms like a spastic bird. That is Mike Daisey: A big, loud, professional liar. And that moment was an almost too perfect summation of the reputation he has gotten himself over the last few months. ...


HTC becomes first to welcome Jelly Bean, confirms One X and One S updates in the works

Posted: 19 Jul 2012 04:05 PM PDT

HTC becomes first to welcome Jelly Bean, confirms One X and One S updates in the worksHTC (TPE:2498) and carrier partner Telstra have confirmed that HTC is currently working to bring Android 4.1 Jelly Bean updates to its One X and One S smartphones. Google's (GOOG) own Nexus 7 tablet and Galaxy Nexus smartphone are currently the only devices to run the latest version of the Android operating system; the company's vendor partners have remained silent on the matter as they continue efforts to bring the previous version of Google's mobile OS, Android 4.0 Ice Cream Sandwich, to their devices. According to Telstra's website, however, the HTC One XL — the international version of HTC's One X — and HTC One S are both listed as having Android 4.1 Jelly Bean updates in the works. Telstra


Without Social Media, 18% Of Teens Would Stop Communicating [INFOGRAPHIC]

Posted: 19 Jul 2012 04:00 PM PDT

Without Social Media, 18% Of Teens Would Stop Communicating [INFOGRAPHIC]18% of teens would stop communicating altogether if their favorite social networks shut down. That's according to a recent survey of American high school and college students done by email marketing company AWeber.


Mayer gets $70 million pay package to lead Yahoo

Posted: 19 Jul 2012 03:58 PM PDT

File photo of Marissa Mayer posing at Google's Mountain View, California headquarters(Reuters) - New Yahoo Chief Executive Marissa Mayer's compensation package could total more than $70 million in salary, bonuses, restricted stock and stock options over five years, according to a regulatory filing made by the company Thursday. Mayer's pay package is broken out into $1 million in annual salary, as much as $2 million in an annual bonus, and $42 million in stock options and other awards, as well as $14 million in "make whole restricted options" for forfeiture of compensation from Google Inc. ...


Microsoft posts quarterly loss but beats Wall Street

Posted: 19 Jul 2012 03:31 PM PDT

A variety of logos hover above the Microsoft booth on the opening day of the Consumer Electronics Show in Las VegasNEW YORK (Reuters) - Microsoft Corp reported its first quarterly loss as a public company on Thursday as it took a previously announced hit for writing down the value of its ailing online unit, but held up better than expected in the face of stagnant computer sales. Excluding the multibillion-dollar write-down, which was signaled earlier this month, and factoring in some deferred Windows revenue, the world's largest software company actually exceeded Wall Street's expectations, boosting its shares in after-market trading. ...


What earnings reports have revealed about ads

Posted: 19 Jul 2012 03:24 PM PDT

FILE - In this May 20, 2012 file photo, a Yahoo sign stands outside the company's offices in Santa Clara, Calif. Yahoo turned in another lackluster performance in the second quarter announce the company on Tuesday, July 17, 2012. The results underscore the challenges facing Yahoo's newly hired CEO Marissa Mayer as she tries to turn around the Internet company after a 13-year career as a top Google executive. (AP Photo/Paul Sakuma, File)Google and Microsoft offered a contrast in advertising fortunes as they reported earnings for the latest quarter on Thursday. While Google showed that refinements to the company's Internet search technology lured more Web surfers to click on its revenue-producing ads, Microsoft took a big non-cash charge that led to its first loss as a public company.


Yahoo CEO Mayer's compensation worth up to $59M

Posted: 19 Jul 2012 03:18 PM PDT

Yahoo is giving its new chief executive Marissa Mayer a compensation package worth up to $59 million over the next several years.

RIT Capital buys stake in Corsair

Posted: 19 Jul 2012 03:13 PM PDT

NEW YORK (Reuters) - RIT Capital Partners , an investment trust chaired by Lord Jacob Rothschild, has bought a stake in private equity firm Corsair Capital. The companies, which announced the stake on Thursday, did not disclose the size of RIT's investment in Corsair or the size of its stake in the buyout firm, which specializes in financial services investments. RIT said it plans to issue $7.5 million of new shares as part of its payment for the investment in Corsair. It will end up owning a minority stake in Corsair's general partner, the companies said in a statement. ...

Weak economy drags AMD's 2Q profit down 40 pct

Posted: 19 Jul 2012 03:00 PM PDT

Trouble in the global economy dragged Advanced Micro Devices Inc.'s net income down 40 percent in the second quarter, and the world's second-biggest chipmaker warned that revenue will continue to be hurt through the rest of the summer.

No comments:

Post a Comment