News Byte

Yahoo Snaps Up Image-Discovery Startup LookFlow

LookFlow, a Mountain View, Calif.-based startup with technology that incorporates artificial intelligence into a platform for image search and discovery, announced today that it had been acquired by Yahoo and will join the Flickr unit. The team will also help Yahoo build a “deep learning group.” Terms of the deal were not disclosed.

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For $90,000, This Had Better Not Be Held in Yahoo’s URL’s Cafeteria

Charitybuzz announced today that Ralph C. Martin, CEO of the German promotional risk management firm Emirat AG, had won the auction for an hourlong lunch with Yahoo CEO Marissa Mayer with a high bid of $90,000. But not just lunch! According to the auction’s fine print, “Winner may take a photo with Marissa Mayer.” Also, “Winning bidder subject to security screening. We expect all winning bidders to conduct themselves appropriately.” The proceeds from this safe and civil bread-breaking will benefit the Aspire East Palo Alto Charter School.

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Yahoo Joins Roster of Sponsors for 49er’s New Stadium

The San Francisco 49ers and Yahoo said today they had signed a 10-year agreement that will make Yahoo “the exclusive online sports content, social networking, and photo and video sharing partner” for the team and its new Levi’s Stadium, set to open in 2014 in Santa Clara, Calif. The deal will, among other things, provide the purple portal a prime spot for a Fantasy Football Lounge and viewing area, and will encourage fans to upload photos to Flickr with the chance that they may show up on the stadium’s big screens during the game.

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GhostBird Software Lands at Yahoo

Photography app developer GhostBird Software said today it had been acquired by Yahoo for an undisclosed sum and would be bringing its technology to the Flickr team. The company’s iOS apps, KitCam and PhotoForge2, have been pulled from Apple’s App Store, and no further updates are planned.

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Yahoo Search Gets a Facelift

Yahoo has rolled out a new design for its search pages in the U.S. that moves results higher on the page, adds improved navigation and loads faster.

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Mexican Court Tosses $2.75 Billion Award Against Yahoo

The folks at Yahoo are breathing a bit easier on word today that the Superior Court of Justice for the Federal District in Mexico reversed a lower court’s preliminary damage award of $2.75 billion won in a suit filed by Worldwide Directories and Ideas Interactivas. The plaintiffs had sued Yahoo and Yahoo Mexico over alleged breach of contract and lost profits of a yellow pages listing service. The latest ruling leaves intact only $172,500 in damages against Yahoo Mexico. An appeal is possible.

News Byte

Yahoo Acquires To-Do App Maker Astrid

Astrid, which makes a cross-platform to-do app that claims four million users, said Wednesday it had been acquired by Yahoo. Terms were not disclosed. Astrid, which launched in 2008, will continue to support its apps for 90 days.

Yahoo Chairman Fred Amoroso to Step Down in Late June

Former LiveOps CEO Maynard Webb will serve as interim chairman.
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News Byte

Yahoo Brings Jybe Team Back Into the Fold

Yahoo said Wednesday it had acquired Jybe, maker of a personalized social recommendation app, and its five-member team, all former Yahoos. Neither the terms of the deal nor the plans to integrate the technology into Yahoo’s platform were disclosed.

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Yahoo Says Work-From-Home Ban Is Strictly an In-House Issue

Yahoo on Tuesday responded to the controversy over its decision to require remote workers to relocate to company offices, issuing a statement that went only fractionally beyond “no comment.” “This isn’t a broad industry view on working from home — this is about what is right for Yahoo right now. We don’t discuss internal matters,” the statement read in its entirety.

Yahoo Reports Progress in Alibaba Talks