Technology news and reviews from Anchorage, AK

Technology

FILE - In this Oct. 1, 2012 file photo, Tumblr founder David Karp participates in the "Bloomberg Leadership Summit" seminar in New York. In a deal announced Monday, May 20, 2013, Yahoo is buying New York-based Tumblr, the online blogging forum, for $1.1 billion. About $275 million will go to Karp, 26, who dropped out of high school to concentrate on computer programming and started Tumblr six years ago.

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...

Read story

Archive by category ''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

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

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...
TECHNOLOGY

Blackstone group offers to take Pactera private

Private equity firm Blackstone Group LP, along with Pactera's CEO and other managers, have offered to take Pactera private in a deal that values the Chinese technology consulting and outsourcing firm at $680.4 million.
TECHNOLOGY

Seamless and GrubHub to combine, no terms revealed

Rival online takeout services Seamless North America and GrubHub on Monday announced plans to combine and create a new company covering more than 20,000 restaurants in 500 cities across the U.S.
TECHNOLOGY

High court uphold FCC power in cell tower disputes

The Supreme Court has affirmed the authority of federal regulators to try to speed local government decisions on proposals to build or expand cell phone towers.