Domain: yahoo.net
Stories and comments across the archive that link to yahoo.net.
Stories · 16
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Marissa Mayer Is Giving Yahoo Employees Her Annual Bonus To Make Up For Massive Hacks (theverge.com)
Following two separate security breaches revealed last year that compromised the personal information of more than 1.5 billion users, Yahoo CEO Marissa Mayer announced today via her Tumblr page that she will be redistributing her annual bonus and equity stock grant to Yahoo employees. The Verge reports: Relevant to Mayer's admission here, an independent committee Yahoo brought on to investigate the hacks found the company to be at fault for not sufficiently responding to the security incidents. "While significant additional security measures were implemented in response to those incidents, it appears certain senior executives did not properly comprehend or investigate, and therefore failed to act sufficiently upon, the full extent of knowledge known internally by the company's information security team," reads the committee's findings, which are contained in Yahoo's 10-K report for 2016. As a result of the hacks, Yahoo's top lawyer, Ron Bell, has been fired, Recode reported today. Mayer has accumulated about $162 million during the five years she's spent as the company's CEO in both salary and stock awards, according to CNN. She's also due about $55 million in severance if she decides to leave the company following its acquisition by Verizon. So it's safe to say her bonus would involve a hefty amount of money now going to Yahoo employees who have weathered the storm throughout Mayer's tumultuous tenure. -
Yahoo Says Forged Cookie Attack Accessed About 32 Million Accounts (cnet.com)
It looks like Yahoo has yet to reach its lowest point. The company revealed today via a regulatory filing that about 32 million user accounts were accessed by hackers in the past two years using forged cookies that allowed them to log into their accounts without passwords. According to Yahoo, the attack is likely connected to the "same state-sponsored actor believed to be responsible for the 2014 [breach]," which resulted in the theft of user information from 500 million user accounts. CNET reports: "Based on the investigation, we believe an unauthorized third party accessed the company's proprietary code to learn how to forge certain cookies," Yahoo said in its annual filing to the Securities and Exchange Commission. The company went on to say that forged cookies have been invalidated to prevent further use on accounts. Yahoo revealed the attack in December but the news was largely overlooked because the company announced at the same time it had identified a separate security breach that took place in 2013 in which hackers stole information on 1 billion Yahoo accounts. Yahoo CEO Marissa Mayer also revealed today that she is giving yahoo employees her annual bonus to make up for the massive hacks. -
The End of Yahoo: Marissa Mayer To Resign; Yahoo To Change Its Name To Altaba (arstechnica.com)
maxcelcat writes: Spotted on The Register's twitter feed: Yahoo! Submission to The SEC. Most of the board is leaving, including CEO Marissa Mayer. The company has been bought by Verizon and is changing its name to Altaba Inc. I'm old enough to remember when Yahoo was a series of directories on a University's computers, where you could browse a hierarchical list of websites by category. And here I am watching the company's demise. According to the regulatory filing, the changes will take place after the sale of its core business is completed with Verizon for roughly $4.8 billion. The Wall Street Journal notes: "Verizon officials have indicated all options remain possible, including renegotiating the terms of the deal or walking away." -
Yahoo Dodges Questions On Hacking, Verizon Deal By Canceling Earnings Call (huffingtonpost.com)
Verizon has been growing wary of their pending $4.83 billion acquisition deal of Yahoo ever since the technology company revealed a massive data breach affecting at least 500 million of its users. Today, Yahoo canceled their earnings call to avoid talking about the incident. Huffington Post reports: The internet company announced Friday that it will not hold the customary conference call after it released its third-quarter earnings next week "due to the pending transaction with Verizon." Verizon announced in July that it had agreed to buy Yahoo for $4.8 billion. The New York Post reported last week that Verizon wanted to cut $1 billion off the acquisition price due to the hack. Verizon denied the report. Yahoo's announcement reads in part: "Due to the pending transaction with Verizon, Yahoo will not have an earnings call or webcast for its third quarter results. Concurrently with release of its financial results, supplemental financial information will also be posted on the Company's Investor Relations website at investor.yahoo.net. -
Yahoo To Spin Off Everything That Makes It Yahoo (nytimes.com)
An anonymous reader writes: Yahoo has confirmed reports from last week by saying it plans to spin off all of its assets aside from its $31 billion stake in Chinese e-commerce company Alibaba. "In the reverse spin off, Yahoo's assets and liabilities other than the Alibaba stake would be transferred to a newly formed company, the stock of which would be distributed pro rata to Yahoo shareholders resulting in two separate publicly-traded companies." Their decision was spurred by how stock market traders were weighing the tax risk of spinning off the most valuable part of the company.
The article notes that this probably means trouble for CEO Marissa Mayer: "Ms. Mayer, who was hired in 2012 to turn around Yahoo, had planned to spin off the company's 15 percent stake in Alibaba, bundled with a small-business services unit, into a new company called Aabaco. She then planned to focus on improving the company's core business, the sale of advertising that is shown to the roughly one billion users of Yahoo's apps and websites. Ms. Mayer is now effectively back to square one. Yahoo's core Internet operations are struggling, even though the chief executive has made dozens of acquisitions, added original video and magazine-style content, and released new apps." -
Why Yahoo and Marissa Mayer's Over Reliance On Alibaba Could Spell Trouble
DavidGilbert99 writes "Marissa Mayer has been in charge at Yahoo for one year now. In that time she has seen the share price rise 70% and she's made some headline grabbing acquisitions — notably Tumblr for over $1 billion last month. However, look beneath the surface and things are not going so well. In this week's quarterly results, we saw ad sales fell by 12% year-on-year and as Alistair Charlton says in IBTimes UK: ' Yahoo earned $846m in cash by redeeming its shares in the group, representing a significant chunk of Yahoo's $1.07bn revenue for the quarter, down 1% on last year. ... The next few years will be a balancing act as the stabilizing wheels are removed and Yahoo, with dozens of acquired startups patching up the rust, will have to make progress under its own steam.'" -
Why Are Some People Mosquito Magnets?
First time accepted submitter CherryLongman writes "If you feel as if every mosquito in a 50-mile radius has you locked in its sights, while your friends are rarely bitten, you could be right. Up to 20 percent of us are highly alluring to mosquitoes — and scientists have discovered some surprising reasons." -
Open Source Solution Breaks World Sorting Records
allenw writes "In a recent blog post, Yahoo's grid computing team announced that Apache Hadoop was used to break the current world sorting records in the annual GraySort contest. It topped the 'Gray' and 'Minute' sorts in the general purpose (Daytona) category. They sorted 1TB in 62 seconds, and 1PB in 16.25 hours. Apache Hadoop is the only open source software to ever win the competition. It also won the Terasort competition last year." -
Open Source Solution Breaks World Sorting Records
allenw writes "In a recent blog post, Yahoo's grid computing team announced that Apache Hadoop was used to break the current world sorting records in the annual GraySort contest. It topped the 'Gray' and 'Minute' sorts in the general purpose (Daytona) category. They sorted 1TB in 62 seconds, and 1PB in 16.25 hours. Apache Hadoop is the only open source software to ever win the competition. It also won the Terasort competition last year." -
Old-School Keyboard Makes Comeback of Sorts
CharlotteShma writes "Some old writer once said that in order to keep going, he needed to hear the scratch of the pen on the page. Some self-proclaimed keyboard aficionados would make the same argument for computer keyboards. Is it possible that the old 'clicky' keyboards are making a comeback? Now that we've replaced the old buckling springs with rubber domes, our keyboards are only getting quieter and quieter. According to the people at Unicomp Inc., all keyboards made since the early 1990s are, frankly, no good. They still use and produce vintage IBM Model M keyboards in their small factory in Lexington, Kentucky. The IBM Model M keyboards are ugly, built like tanks, and, most importantly, have a spring under each key which clicks when you press it." Not sure what's ugly about them — most other keyboards are ugly, when you shut your eyes. -
Geomicroblogging, Buzzword or Reality?
An anonymous reader writes "The iPhone 3G and Android devices are coming this year, opening the mobile world for rich applications, while sites like Fire Eagle and byNotes are ready to move your blogging habits into the geospatial world. Are we going to watch the next boom when those devices and geospatially enabled sites get combined? Sure, the posibilities this would open are endless, but are users going to embrace these services?" I don't see how it can't change the world ... it has 'Micro' and 'Blog' in the name, and I'll always know where I was when I twittered to tell everyone I was in the john. -
Review of the Model M-Inspired Unicomp Customizer Keyboard
ThousandStars writes "I wrote a review of the Unicomp Customizer Keyboard, which is a modern version of the IBM and then Lexmark Model M much beloved by nerds and hackers. The pros of the Customizer: it's sturdy, remarkably similar to the Model M, has great tech support, and uses a USB interface. Oh, and it's Mac-friendly. The cons: at $69 it's somewhat expensive, and its noise won't be music to your cubemate's ears." Note: this is one of the very, very few buckling-spring keyboards you can get new these days, instead of prowling through thrift stores, eBay, and university dumpsters. -
Yahoo's YSlow Plug-in Tells You Why Your Site is Slow
Stoyan writes "Steve Souders, performance architect at Yahoo, announced today the public release of YSlow — a Firefox extension that adds a new panel to Firebug and reports page's performance score in addition to other performance-related features. Here is a review plus helpful tips how to make the scoring system match your needs. -
Yahoo! Releases OSS Ajax and Design Tools
Cocteaustin writes "Today Yahoo! released the Yahoo! User Interface Library. This library is comprised of a number of dynamic HTML utilities and controls for building rich web UIs and Ajax applications. They are made available under an open-source license. In addition, Yahoo! released the Yahoo! Design Pattern Library. This collection of design patterns for Web interaction is intended to provide Web designers prescriptive guidance to help solve common design problems on the Web. Both are free in both senses of the word." -
Yahoo! Releases OSS Ajax and Design Tools
Cocteaustin writes "Today Yahoo! released the Yahoo! User Interface Library. This library is comprised of a number of dynamic HTML utilities and controls for building rich web UIs and Ajax applications. They are made available under an open-source license. In addition, Yahoo! released the Yahoo! Design Pattern Library. This collection of design patterns for Web interaction is intended to provide Web designers prescriptive guidance to help solve common design problems on the Web. Both are free in both senses of the word." -
Maps on Path to Mass Innovation
Ryan MacCarthy writes "When Google and Yahoo! released their map APIs last week they unleashed a horde of hungry developers eager to integrate their data with the user-friendly maps. Brilliant hacks like Chicago Crime and Craigslist Real Estate are in the midst of switching over to the new API, while sites like MetroFreeFi use the new API to make it easier to find free wi-fi locations in US cities (San Francisco, for example). Imaginative developers, like Alan Taylor (Transparency concept), are digging deep into experimentation to dream up new uses for the maps. It's great to see the innovation when hacks turn to apps." I want to see Los Angeles maps of the action in James Ellroy's novels, and a national map of the worst, funniest tourist traps across the U.S.