TechCrunch reports that Yahoo's string of acquisitions may soon include Tumblr: "The Wall Street Journal is now reporting via Twitter that the rumored $1.1 billion cash acquisition deal for social blogging site Tumblr has been approved by Yahoo’s board of directors. The Tumblr acquisition was rumored last week, with a price tag reportedly north of $1 billion, which appears to be accurate if the WSJ’s sources are correct." The article notes, too, that "Yahoo had only $1.2 billion cash on hand as of its most recent quarterly earnings, which makes an all-cash offer for Tumblr a lot more of a stretch than it would be for someone like Apple, or even Facebook, which acquired Instagram for $1 billion in a mix of both cash and stock."
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hypnosec writes with report of the possible theft of up to 22 million user IDs revealed by Yahoo! Japan. That scale is massive, but, he writes, "According to Yahoo, the information that was stolen didn't have passwords or any other information that would allow unauthorized users to carry out user identity verification." A story at the Japan Times adds a bit more detail.
Noryungi writes "Scientific American reports, in a chilling story, that the Hanford, Washington nuclear waste vitrification treatment plant is off to a bad start. Bad planning, multiple sources of radioactive waste, and leaking containment pools are just the beginning. It's never a good sign when that type of article includes the word 'spontaneous criticality,' if you follow my drift..." It seems the main problem is that the waste has settled in distinct layers, and has to be piped through corroded old tubes, leading to all sorts of exciting problems (e.g. enough plutonium aggregating to start a reaction).
Dawn Kawamoto writes "Yahoo rolled out an expanded maternity/paternity policy that doubled the family leave for moms to 16 weeks. But new dads at Yahoo get only 8 weeks. It turns out that Yahoo is not the only Fortune 500 company to short-shrift news dads. But, really, do new dads think it's worth crying over? Hmmm...changing diapers or cleaning up code — both are messy, but one smells less."
tdog17 writes "Verizon and MySpace scored a zero out of a possible six stars in a test of how far 18 technology service providers will go to protect user data from government data demands. Twitter and Internet service provider Sonic.net scored a perfect six in the third annual Electronic Frontier Foundation 'Who Has Your Back?' report. Apple, AT&T and Yahoo ranked near the bottom, each scoring just one star. 'While we are pleased by the strides these companies have made over the past couple years, there’s plenty of room for improvement. Amazon holds huge quantities of information as part of its cloud computing services and retail operations, yet does not promise to inform users when their data is sought by the government, produce annual transparency reports, or publish a law enforcement guide. Facebook has yet to publish a transparency report. Yahoo! has a public record of standing up for user privacy in courts, but it hasn't earned recognition in any of our other categories. Apple and AT&T are members of the Digital Due Process coalition, but don’t observe any of the other best practices we’re measuring. ... We remain disappointed by the overall poor showing of ISPs like AT&T and Verizon in our best practice categories.'"
symbolset writes "Planetary Resources wants to mine asteroids for their sweet, sweet minerals and make a business of it. The sparky little company has been writ up here on Slashdot numerous times. With the backing of such billionaires as Eric Schmidt, Larry Page, James Cameron, and many others, and such luminaries as major NASA project managers, engineers and scientists, you have to think they might have a good shot at it. Recently they picked up a huge engineering, procurement and construction partner: Bechtel. Their operations are already cash-flow positive by selling tech invented to pursue their goals, so they're a legitimate business running lean and intending to make good. Yesterday they announced the plan to launch their first space missions — the Arkyd Series 100 LEO Space Telescopes — as soon as next year. Beginning in 2014 their satellites will be scanning the skies from Low Earth Orbit for lucrative rocks that happen to be heading our way, and incidentally doing for-pay work to keep the lights on. For a reasonable fee they'll sell you the right to retask one of these telescopes to take a picture of anything you want that it can see, for a fair price. The plan is to follow up with harvester craft to go get these asteroids, mulch them, and sell their bits for profit. Some talk has been made of selling what are uncommon terrestrial minerals like gold and platinum, refined on orbit and deorbited at great expense as a business plan, but frankly that's absurd. 'Extraterrestrial Asteroid Bits' ought to go for a higher price on the collector market than gold or platinum ever would, and the temporal preeminence should draw a premium price. 'This 69 mg specimen (769 of 10,000) was one of the first commercially harvested bits of asteroid returned to Earth. Lucite embedded for permanent display, with case. Certificate of authenticity included.'"
theodp writes "Steinar Skipsnes came up with a unique way to get more women into tech. Make them up. Posing as 'Sarah Hanson,' a 19-year-old woman who claimed to have auctioned off 10% of her future income in return for $125,000 to fund her Senior Living Map startup, Skipsnes pitched the story via email to generate press coverage. It worked — VentureBeat, HuffPo, Yahoo!, AOL, GeekWire, and others took the bait. But after doubts were aired about the story, Skipsnes fessed up to concocting the too-good-to-be-true hoax about the female teen entrepreneur to appeal to the interests of the tech press. 'I started to think "what if I took the elements of what the press loves and created a story?"' Skipsnes explained. "So I did.'"
SpicyBrownMustard writes "Forbes has an article that follows up on the news/hype/buzz/hysteria surrounding the acquisitions of Summly and Wavii by Yahoo and Google, respectively. It's a rather comical write up with a rather sad ring of truth to it, especially that we now know that Summly was little more than a collection of existing technologies built by others. The article says, 'Stress that you have celebrity relationships, and that your app was built by a team that has several hundred successful apps in Google Play and IOS App Store. It doesn’t matter that those aren’t your team members, it is still true.' Summarization technologies are the 'big new thing' apparently. Don't miss out — make your summarization app today and hop onboard that gravy train!"
An anonymous reader writes with news that Yahoo will be ending their email service in China on August 13th. A support post on the Yahoo China site tells users how to migrate their account to a different email service called Aliyun. If they do so, their data can be migrated and they will continue to receive emails to their Yahoo address until the end of 2014. From the article: "The US Internet giant Yahoo! has come under criticism in the past over its business in China, with executives apologising in 2007 for providing evidence that Chinese authorities used to convict government critics. The company said it was legally obliged to divulge information about its users to the Chinese government but that it was unaware it would be used to convict dissidents. The end of the service will affect millions of users, the paper quoted Alibaba public relations official Zhang Jianhua as saying, though he did not have a total figure." Yahoo also announced the closure of six other products today: Upcoming, Deals, SMS Alerts, Kids, Mail and Messenger feature phone apps, and older versions of Mail.
New submitter dolilmao was the first with the news of Yahoo's first quarter results. From Techcrunch: "Yahoo just released its earnings report for the first quarter of 2013, with better-than-expected (non-GAAP) earnings of $420 million, or 38 cents per share. Revenue (excluding traffic acquisition costs) was flat compared to last year, at $1.07 billion. Analysts has predicted that the company would report revenue of $1.1 billion and 24 cents EPS. Wall Street normally evaluates Yahoo on an ex-TAC basis — including traffic acquisition costs, revenue was $1.14 billion, down 7 percent from last year."
itwbennett writes "As previously reported on Slashdot, activist investor Carl Icahn made a proposal to buy Dell for $15 per share. Now, as part of the review process of potential offers to take Dell private, the company's board of directors has approved an agreement with Icahn that would cap the amount of shares owned by the activist investor. Under the agreement, Icahn and affiliated entities 'have agreed not to make purchases that would cause them to own more than 10 percent of Dell's shares,' Dell said in a statement. Also as part of the agreement, Icahn has agreed not to enter into agreements with other shareholders to jointly own more than 15 percent of Dell's shares." From the press release: "The Special Committee believes that granting the limited waiver to Mr. Icahn while capping his share ownership will maximize the chances of eliciting a superior proposal from Mr. Icahn while at the same time protecting shareholders against potential accumulation of an unduly influential voting interest." Looks like Michael Dell has some serious competition for Dell.
An anonymous reader writes "Mark Zuckerberg, along with other notables such as Google's Eric Schmidt, Yahoo's Marissa Mayer and Reid Hoffman, co-founder of Linkedin, has launched a new immigration reform lobbying group called FWD.us. In an editorial in the Washington Post, Zuckerberg claims that immigrants are the key to a future knowledge-based economy in a United States which currently has 'a strange immigration policy for a nation of immigrants.' As expected, they are calling for more of the controversial H-1B visas which reached their maximum limit in less than a week this year, but those aren't the only things they're looking to change."
the simurgh writes in with the latest in the court-martial of Bradley Manning. "A military judge cleared the way Wednesday for a member of the team that raided Osama bin Laden's compound to testify at the trial of Pfc. Bradley Manning charged in the WikiLeaks massive classified document leak. Col. Denise Lind ruled for the prosecution during a court-martial pretrial hearing. Prosecutors say the witness, presumably a Navy SEAL, collected digital evidence showing that the al-Qaida leader requested and received from an associate some of the documents Manning has acknowledged leaking. Defense attorneys had argued that proof of receipt wasn't relevant to whether Manning aided the enemy, the most serious charge he faces, punishable by life imprisonment. 'The government must prove beyond a reasonable doubt that the intelligence is given to and received by the enemy,' Lind said. The judge disagreed."
theodp writes "After languishing on the market, the price of Google Executive Chairman Eric Schmidt's Lone Ranger expedition yacht was cut from $20,000,000 to a mere $14,000,000 (sales brochure). Still no takers for the vessel, so the former pride of the Schmidt Ocean Institute — which can travel an amazing 31,000 miles at 12 knots thanks to a fuel capacity of 1.3 million liters — will be auctioned "as is" on April 20th at the Antibes Yacht Show, with bid estimates ranging from EUR 3 million to EUR 10 million (auction brochure). 'Lone Ranger and her truly astonishing story will appeal to a new generation of luxury yacht owner,' the sales brochure notes. 'The yacht epitomizes low key luxury, but most importantly offers the ideal platform for anyone wanting to explore the farthest flung corners of the world with their family.' And you can buy it just in time for Earth Day gift giving!"
tsamsoniw writes "Mozilla today unveiled Persona Beta 2, the newest edition of the organization's open authentication system. The release includes Identity Bridging, which lets user sign in to Persona-supported sites using their existing webmail accounts, starting with Yahoo. Mozilla used the release as an opportunity to bash social sign-in offerings from Facebook and Twitter, which 'conflate the act of signing into a website with sharing access to your social network, and often granting the site permission to publish on your behalf,' said Lloyd Hilaiel, technical lead for Mozilla Persona. He added that they are built in such a way that social providers have full visibility into a user's browsing behavior."
judgecorp writes "For three days, customers at British ISP Sky have been receiving a flood of old and deleted messages. The problem started when the company switched its email provider from Google to Yahoo. As it began to move accounts from one provider to another, it became obvious that the new provider could not tell which emails in the old system had been sent or deleted. Some users had up to 8000 old messages. The incident has been going for three days, as users are migrated. Sky is apparently unable to fix the problem — its best advice been to suggest users delete the old messages."
MarkWhittington writes "Included in President Obama's 2014 budget request will be a $100 million line item for NASA for a mission to capture and bring an asteroid to a high orbit around the moon where it will be explored by astronauts. Whether the $2.6 billion mission is a replacement or a supplement to the president's planned human mission to an asteroid is unclear. The proposal was first developed by the Keck Institite in April, 2012 and has achieved new impetus due to the meteor incident over Russia and new fears of killer asteroids."
HungWeiLo writes "A California man who believes the literal interpretation of the Bible is real is offering $10,000 to anyone who can successfully debunk claims made in the book of Genesis in front of a judge. Joseph Mastropaolo, the man behind this challenge, is to put $10,000 of his own money into an escrow account. His debate opponent would be asked to do the same. They would then jointly agree on a judge based on a list of possible candidates. Mastropaolo said that any evidence presented in the trial must be 'scientific, objective, valid, reliable and calibrated.' For his part, Mastropaolo has a Ph.D. in kinesiology and writes for the Creation Hall of Fame website, which is helping to organize the minitrial. It's also not the first such trial he's tried to arrange. A previous effort, known as the 'Life Science Prize,' proposed a similar scenario. Mastropaolo includes a list of possible circuit court judges to oversee the trial and a list of those he challenged to take part on the evolutionary side of the debate."
Supp0rtLinux writes "Bitcoins are currently trading around $75. I work for a very large organization. We have a fairly large HPC that is usually about 50% idle, as well as about 18K desktops on 4 campuses connected with dark fiber. All stay on 24x7 for after-hours AV scans (weekly) and backups (2-3x a week). All are leases that refresh every 2 years so all have fairly good CPU & RAM specs. As part of a go-green initiative a proposal has come up to use all the PCs for bitcoin in our own mining group; sort of like SETI-at-home style, but with a real dollar value return to us. Additionally, we would setup a queue in our HPC that dedicates 30% to BC mining when in use and up to 99.5% when no other jobs are running. The thought is that all the PCs are on 24x7 anyway and consuming resources so why not allow them to be useful 24x7 as well and generate bitcoins which can then be sold to offset the electrical costs of the running equipment and/or possibly even make a little profit. The guy with the idea says its a no-lose situation as if the price of bitcoins drops to below a certain level and is no longer a financially viable option, we simply stop the mining process. I'm curious what the Slashdot community thinks of this? " Read on for a few more details.
Nerval's Lobster writes "When a major IT company pays a reported $30 million—roughly 90 percent of it in cash—for an iOS app with no monetization strategy and a million downloads since launch, is that a sign that the tech industry as a whole is riding a massive, overinflated bubble? Yahoo isn't alone, by a long shot: over the past couple years, a few apps have been snatched up for enormous sums—think Facebook's $1 billion acquisition of Instagram in 2012, or Google buying Sparrow for a reported $25 million. Nor has the money train stopped there: in a pattern that recalls the late-90s market frothiness for anyone over the age of 28, a handful of tech companies have either launched much-hyped IPOs or witnessed their share price skyrocket into the stratosphere. But does all this IPO activity and app-acquiring actually mean 'bubble'?"