Yahoo Pinkie-Swears It Won't Ruin Tumblr
Nerval's Lobster writes "Yahoo has agreed to acquire Tumblr for $1.1 billion. As you know, Yahoo is a major corporation with a need to monetize its assets in a way that makes its shareholders happy, leaving open the question of whether it'll alter Tumblr's DNA in order to make the latter more of a significant cash generator. But at least for the moment, Yahoo seems content to leave its new property alone. 'Per the agreement and our promise not to screw it up, Tumblr will be independently operated as a separate business,' read the company's press release. 'The product, service and brand will continue to be defined and developed separately with the same Tumblr irreverence, wit, and commitment to empower creators.' Tumblr CEO David Karp, who has been known to make some very anti-advertising comments in the past, will remain in place. Even so, anyone who likes Tumblr may have some cause for concern, because Yahoo has a history of making high-profile acquisitions that subsequently implode. Back ...
It's Official: Yahoo Is Buying Tumblr For $1.1B, Vows To Keep It Independent
Yahoo has now officially confirmed that it is buying blogging platform Tumblr for $1.1 billion mostly in cash, after reports on an impending deal first surfaced last week. It says it will keep it as an independent company, with founder David Karp at the helm as CEO. "The product, service and brand will continue to be defined and developed separately with the same Tumblr irreverence, wit, and commitment to empower creators," it writes.
Two staff members of City Attorney's Office will receive awards
The City Attorney's Office of San Francisco is pleased to announce that two of its staff members will be receiving awards this year. In a profession that requires long hours, dedicated service and unwavering commitment, receiving any honor,
Aereo Switches Up Pricing: $8/Month For 20 Hours Of DVR, $12/Month For 60 Hours Starting May 15
Aereo users, listen up. The company that has been bringing you access to 30 over-the-air broadcast channels on the cheap is switching up its pricing structure a bit to make things less complicated. Unfortunately, this switch also makes things slightly more expensive, but still highly competitive in today’s content streaming landscape. Starting on May 15, the original five-tier structure will be boiled down into two options: The base $8/month fee will offer 20 hours of DVR storage, and a $12/month fee will get you 60 hours of DVR storage. Neither service requires a long-term commitment. However, it’s worth noting that the $8/month plan changes the way you can record on Aereo’s DVR service, only letting users record from one channel at a time. At the same time, the $12 plan actually offers more than it used to, bumping up storage from 40 hours to 60 hours. When Aereo first launched, it offered more levels of service, including a $1/day deal. This was a unique option for the service, ...
Adobe's Creative Cloud Illustrates How the Cloud Costs You More
Nerval's Lobster writes "As we discussed yesterday, Adobe plans on focusing the bulk of its software-development efforts on its Creative Cloud offering, with no plans to further update its 'boxed' Creative Suite products. The move isn't surprising, considering the tech industry's general movement toward the cloud over the past few years. Creative Cloud will cost $19.99 per month for a 'single app' version that features the full version of 'selected apps,' 20GB of cloud storage, and limited access to services. Those who opt for the 'complete' version will pay $49.99 per month for every Creative Cloud app, 20GB of cloud storage, and full access to services; it also requires an annual commitment. At that price, it would take a little over a year for a customer spending $49.99 per month to exceed the full retail cost of box-based Adobe Creative Suite 6, which currently retails for $599.99 at Staples and $403.99 on Amazon. In a recent interview with Mashable, Adobe CEO Shantanu Narayen insisted ...