John Paczkowski

Recent Posts by John Paczkowski

Quick, Get the Camera, Honey. Yahoo Bought a Company That's Already Making Money.

Facilities has had just a few days to pry the “Terry Semel” nameplate from the door of Yahoo’s CEO offices, and already it’s back to business as usual. This morning the company acquired, a college football- and basketball-focused news and community site. Financial terms of the deal weren’t disclosed, but presumably the purchase price is close to the the $100 million reported by paidContent back in April.

It’s a savvy acquisition for Yahoo, one that delivers a pre-existing and very local audience to Yahoo Sports, which is battling it out with and other rivals for the desirable college-sports-fan demographic. And of course, it helps that is actually making money–about $22 million or so a year. That said, it’s not really the sort of major acquisition (read: Facebook) that might make up for the two big bungled acquisition chances–YouTube and DoubleClick–that allowed Google to take such a commanding business lead.

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

Latest Video

View all videos »

Search »

I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik