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Tumblr CEO’s Mom Gushes Over Son’s $1B Deal With Yahoo
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 to devote more time to his passion for technology.
Apple Uses Firms Outside US To Avoid Taxes, Senate Panel Says
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.
AT&T Park Concession Workers Threaten Strike
With baseball season is in full swing, 800 concession workers could go on strike at AT&T Park sometime in the next few weeks.
Reports Say Yahoo Board Has Approved $1.1 Billion To Buy Tumblr Website
Sunnyvale Web portal Yahoo’s board of directors met Sunday and approved a $1.1 billion acquisition of online content-sharing site Tumblr in a deal Mayer negotiated, according to the Wall Street Journal.
Fremont: Silicon Valley-Area Hub Becomes Factory Town
Welcome to Fremont, a nondescript suburb of 217,000 tucked in the high-tech region between San Francisco and the Silicon Valley where something unique is happening: manufacturing.
Yahoo Reportedly Nearing $1.1B Acquisition Of Tumblr
Yahoo may be on the verge of closing its biggest acquisition under CEO Marissa Mayer, as she tries to attract more traffic and advertising to the Internet company’s website.
Canada Trying To Lure Silicon Valley Tech Workers
The Canadian government has launched an aggressive campaign to lure Silicon Valley tech workers frustrated by U.S. visa policies northward, just as Congress wrestles with a long-sought overhaul of America’s immigration system.
Analyst Projects California Revenue $3.2B Higher Than Governor
The state’s independent budget analyst says California will take in $3.2 billion more than Gov. Jerry Brown estimated, providing Democratic lawmakers the opportunity to increase spending.
California Unemployment Rate Drops To 9 Percent
The state’s Employment Development Department reported Friday that California’s jobless rate is at its lowest point since November 2008, nearly a year after the recession began.
New Operator To Take Control Of Struggling San Leandro Hospital
The Alameda Health System, formerly known as the Alameda County Medical Center, plans to take over San Leandro Hospital, officials confirmed this week.
