New CEO Marissa Mayer 'turning Yahoo into Google'
Tuesday, 31 July 2012 10:12
NEW CEO Marissa Mayer has announced free food for Yahoo employees and is beginning to model the firm on her former employer Google, reports say.
Mayer has also announced regular mass staff meetings, in another move also borrowed from Google. She was Google’s 20th employee, and her departure caused shock when it was announced recently.
(Source: Independent.ie. Read more....)
Spotted by Locals hits Android, offering 41 European city guide apps with offline access
Monday, 30 July 2012 10:46
Usually when we get wind of a new app, the most we typically expect to see at launch is two – one for Android and one for iOS. But this next startup has just launched a whopping 41 in one fell swoop. Gulp.
Spotted by Locals has been around for a while already on iOS devices. In a nutshell, the apps offer up-to-date tips by locals across Europe.
(Source: The Next Web. Read more....)
Google 'in breach' of UK data privacy agreement
Monday, 30 July 2012 10:43
Google has admitted that it had not deleted users' personal data gathered during surveys for its Street View service.
The data should have been wiped almost 18 months ago as part of a deal signed by the firm in November 2010.
(Source: BBC News. Read more....)
Yellow Media shares fall on doubts over recap plan
Monday, 30 July 2012 10:26
Shares of heavily indebted Yellow Media Inc fell 29 percent on fears that some of its lenders may reject the telephone directory publisher's recapitalization plan.
Yellow Media said on Monday it plans to exchange C$1.8 billion of its credit facilities and medium-term notes for senior secured notes, subordinated unsecured exchangeable debt, new common shares and cash to cut debt and extend debt maturity.
(Source: Reuters. Read more....)
09 premium-rate and 118 directory-enquiry Ofcom consultation (UK)
Friday, 27 July 2012 07:46
Ofcom has published a consultation on maximum service charges for premium rate services and directory enquiries services in the unbundled tariff regime. The consultation closes on 19 September 2012.
(Source: Ofcom. Read more....)
Yell hits a new low
Friday, 27 July 2012 06:50
Bombed-out debt-laden media company Yell saw revenues tumble in the April to June quarter, with even its digital operations – the key to recovery for the company -taking a step back. (Source: ShareCast. Read more....)
Telefonica suspends 2012 dividend payment
Thursday, 26 July 2012 08:27
Telefonica has cancelled the dividend and share buyback program corresponding to 2012, including November 2012 and May 2013 cash and scrip payments, respectively. This one-time exceptional measure is due to the current extremely challenging economic and financial environment, the company said.
(Source: Telecom Paper. Read more....)
Facebook: The challenges ahead for the social network
Thursday, 26 July 2012 06:39
When Facebook first floated on the stock exchange earlier this year, it started out at an astronomical high, valued at over $100bn (£65bn).
Since then, rockier times. From an initial share price of $38, Facebook's stock dipped to below $29 in May.
(Source: BBC News. Read more....)
- Google, eBay, Amazon, Facebook back new lobbying group
- Global Social Media
- Poland's TPSA profit hit by weak zloty
- BT's weak sales marr financial performance
- Google 'agrees EU antitrust settlement' over market dominance
- Apple’s Feeling Europe’s Economic Crisis: ‘Essentially Flat’ Sales And A ‘Slowdown’ In Business, Says Cook
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