Yahoo - News & Updates

[Kamlesh Barjati]

Yahoo preparing layoffs, could affect thousands - report

Yahoo Inc's new chief executive is preparing a significant restructuring of the Internet company, including layoffs that could cut thousands of employees from its payroll, according to a technology blog.

The moves could be announced as soon as the end of the month and would represent the first major changes under CEO Scott Thompson, the former PayPal president who took the top job at Yahoo in January.

The changes at the struggling Web pioneer, which recently hired the Boston Consulting Group, will focus on its products group, as well as on research, marketing and public relations and businesses that are not core to the company, according to the report on Monday in the blog AllThingsDigital.com, which cited anonymous sources.

"As we have indicated, our leadership is engaged in a process that will generate significant strategic change at Yahoo, but final decisions have not yet been made at this point. Beyond that, we will not comment," Yahoo said in an emailed statement.

Yahoo, whose revenue slid by more than a fifth last year, had 14,100 employees at the end of 2011.

The company fired CEO Carol Bartz in September and has been undergoing a "strategic review" since then that could include spinning of some of its Asian assets and accepting a minority investment in the company. Meanwhile, activist hedge fund ThirdPoint has announced plans to install its own slate of directors on Yahoo's board.

(c) Thomson Reuters 2012

 

[iS THAT ME]

Yahoo sues Facebook over patents

Yahoo sues Facebook over patents​

SAN FRANCISCO: Yahoo Inc sued Facebook Inc on Monday over 10 patents that include methods and systems for advertising on the Web, according to a copy of the lawsuit.

The lawsuit, filed in a San Jose, California federal court, marks the first major legal battle among technology giants in social media and a major escalation of patent litigation that has already swept up the smartphone and tablet sectors and high-tech stalwarts such as Apple Inc, Microsoft Corp and Motorola Mobility Holdings Inc.

Yahoo's patent lawsuit follows Facebook's announcement of plans for an initial public offering that could value the company at about $100 billion. A Facebook spokesman did not immediately respond to a request for comment on Monday.

In an emailed statement, Yahoo said it is confident it will prevail.

"Unfortunately, the matter with Facebook remains unresolved and we are compelled to seek redress in federal court," the company said in a statement.

Several social networking companies, including Facebook, have seen an uptick in patent claims asserted against them as they move through the IPO process.

However, most of those lawsuits have been filed by patent aggregators that buy up intellectual property to squeeze value from it via licensing deals and none by a large tech company such as Yahoo.


-TOI

 

[mmadhankumar]

Here comes Yahoo's own browser

Yahoo launches Axis web browser plug-in for Windows and Mac, Axis browser on iOS

Yahoo is taking a break from executive drama to do something, well, dramatic: attempt to relaunch its search experience with a browser plug-in called Axis that syncs with a full-fledged iOS browser with the same name. The plug-in is available on Chrome, Firefox, Safari, and Internet Explorer 9 and the core idea is that Yahoo will present search results live as you type along with web previews. On both clients, the search results come from Microsoft's Bing, just presented in the new UI layer Yahoo has developed. It presents itself as a small search box on the bottom-left of your browser, and when you begin typing it gives you a vertical list of suggestions next to a horizontal set of webpage previews.The plug-in will also sync your bookmarks, search history, and browser history across multiple devices.

The iOS browser exists simply because Apple doesn't allow plug-ins on Mobile Safari, but it's utilizing the same webkit engine that Mobile Safari uses, just like other third-party browsers on iOS. With your permission, Yahoo will sync your bookmarks and history to the mobile client. Yahoo tells CNET that an Android version is in development.

Yahoo's commercial (embedded below) claims that Axis will let you "rip through the web," but the less-grandiose claim that at least it moves search away from a standard list of links seems much more apropos to us.


Source

 

[ssparikshya]

RE: Here comes Yahoo's own browser

my review coming soon

 

[iS THAT ME]

RE: Here comes Yahoo's own browser

Sounds interesting, other than the fact that its not available for Android of BBOS yet...

 

[sayan.sunny]

YAHOO HACKED

Just got the news. yahoo is hacked 4.5 lakh passwords posted online. details will be followed soon. IBNLIVE

 

[Greatachiever]

RE: YAHOO HACKED

omg:gn:angry:'(

i am using yahoo very extensively as mail as well as messenger. i have to checked it now.

 

[M@zh@R]

RE: YAHOO HACKED

i am going to change my password right now

 

[mmadhankumar]

RE: YAHOO HACKED

A previously unknown hacker group has posted online the details of 450,000 user accounts and passwords it claims to have taken from a Yahoo server.

The Ars Technica technology news website reported that the group, which calls itself D33DS Company, hacked into an unidentified subdomain of Yahoo's website where they retrieved unencrypted account details.

A Yahoo spokesperson in Singapore declined to comment. The affected accounts appeared to belong to a voice-over-Internet-protocol, or VOIP, service called Yahoo Voices, which runs on Yahoo's instant messenger. The Voices service is powered by Jajah, a VOIP platform that was bought by Telefonica Europe BV in 2010.

The hackers' website where the original claim was made, d33ds.co, was not available later on Thursday. It was registered in February. Industry website CNET reported the hackers as saying the breach was intended as a "wake-up call and not as a threat" and that Yahoo's security was lax.

The Voices hack is one of several in recent months. The business networking service LinkedIn admitted last month that 6.4 million member passwords had been stolen from its website.


Source

 

[sayan.sunny]

RE: YAHOO HACKED

Thank you mmadhankumar for details.