Technology news from San Luis Obispo, CA

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Meet some of our area's innovators and the technology companies they lead.

Yahoo looks to regain its cool with Tumblr deal

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...

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Archive by category ''Technology

TECHNOLOGY

Tumblr CEO's mom gushes over billion-dollar baby

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...
TECHNOLOGY

Panel: Apple uses firms outside US to avoid taxes

Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found.
TECHNOLOGY

Should we let wunderkinds drop out of high school?

It's one thing to say tech geniuses don't need degrees. After all, Bill Gates, Steve Jobs and Mark Zuckerberg all dropped out of college.
TECHNOLOGY

Yahoo reboots Flickr, offers 1 terabyte of storage

Fresh on the heels of its $1.1 billion acquisition of Tumblr, Yahoo says it is rebooting its languishing photo-sharing site Flickr with plans to make it "awesome" again.
TECHNOLOGY

Under Mayer: Boosting mobile, buying companies

Yahoo Inc. lured Marissa Mayer from Google in July to become its fifth CEO in as many years. Her task: Help the Internet pioneer regain its stature after years in a financial funk. In her 10 months leading the company, she has overseen a redesign of Yahoo services and orchestrated several acquisitions...
TECHNOLOGY

Idaho couple and Sun Valley land in Twitter tussle

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.
TECHNOLOGY

At a glance: comparing Yahoo and Tumblr

Yahoo is paying $1.1 billion to buy the popular blogging site Tumblr. It's part of Yahoo's comeback efforts, after years in a financial funk. Tumblr will give Yahoo more opportunities to sell advertising. Here's how the two companies compare:
TECHNOLOGY

Yahoo-Tumblr is among top 10 tech deals in 2013

Yahoo has agreed to pay $1.1 billion to buy blogging forum Tumblr, ranking it in among the top 10 tech deals announced this year, according to research firm Dealogic. Here's a list of the top 10 tech mergers and acquisitions in 2013. Valuation is based on Dealogic's criteria and includes debt.
TECHNOLOGY

Guantanamo hack threat prompts WiFi shutdown

The U.S. military has shut down wireless internet service at the Guantanamo Bay Naval Base in Cuba because of online hacking threats.
TECHNOLOGY

Key events involving Yahoo and its performance

Yahoo has reached a deal to buy online blogging forum Tumblr for $1.1 billion, the latest acquisition under CEO Marissa Mayer. Yahoo is paying mostly cash for Tumblr and expects to complete the deal by the end of the year. Here are key events involving Yahoo Inc. and its performance in recent years...