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Yahoo! buys startup specializing in online games

Yahoo! pressed on with its shopping spree on Thursday with the acquisition of a startup that powers games played on smartphones, tablets, consoles or personal computers. Word that Yahoo! has bought Northern California-based PlayerScale came three days after the aging Internet pioneer announced a $1.1 billion deal to buy hip blogging service Tumblr as part of a move to woo a younger online... 

App developers hit hurdles

Berlin (dpa) – More than 80 billion apps are likely to be downloaded this year, accompanied by stories of the occasional developer who sells his app for millions. But not every app is so successful and most app developers have to work hard to stay on top of things. Indeed, the stories about 17-year-olds selling their work for fortunes are the exception, not the norm. Hoping to make... 

Google’s first female engineer jumps to Yahoo! helm

SAN FRANCISCO (AFP) – Insights to Marissa Mayer can be found in her approach to cupcakes. Google’s first female engineer and the new Yahoo! chief executive carefully matched ideal ingredients, temperatures and other factors to create a sublime baked treat, according to a tale told by those who know her.  Read More »

Captain tossed from troubled Yahoo! ship

SAN FRANCISCO (AFP) – Yahoo! boss Scott Thompson stepped down Sunday in the face of controversy about his allegedly inflated resume, leaving the struggling Internet pioneer seeking its sixth CEO in five years. As part of a truce in a proxy war with mutinous shareholder Daniel Loeb, Ross Levinsohn became interim Yahoo! chief and Fred Amoroso took charge of the board of directors.  Read More »

Yahoo to shed up to 2,000 jobs

New York (dpa) – Yahoo Inc was to announce Wednesday that it would cut up to 2,000 jobs as the internet pioneer faces declining revenues and increasing competition, a news report said. The jobs cuts were the tip of the iceberg with more cutbacks to come in the coming months, the Dow Jones & Co Inc-owned industry news blog All Things Digital reported, citing sources close to...