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We last saw Tim Koogle, in a very public way, on his way out the door as Yahoo's CEO, just as the company was suffering some internal strife and a kind of internal innovation slowdown. The company was mulling layoffs, had issued a Wall Street warning and Koogle tells me he had reached the decision, on his own, to leave the company he had helped build from scratch.
I was talking to one of our assistant managing editors today and asked him a question: how much is Oprah worth? His response? "I don't keep that data top of mind; I'll have to Google it." A few clicks of the keys and there it was. It's almost as if we've off-loaded a bunch of material we used to keep in our heads, and now we store it on the web, using Google as a way to keep all that data handy.
As part of CNBC's Outlook '08 coverage, here are my eight predictions in technology for 2008. At the end of next year, we'll look back on how well I did: just don't hold my feet to the fire too closely!! Before going forward, here's a quick look back. Tech set the tone for 2007 and became a safe-haven of sorts for so many investors fleeing the financial meltdown on Wall Street and Main Street.
Yahoo Japan and U.S. rival eBay said on Tuesday they would link up their auction sites to make cross-border bidding easier.
Yahoo! better break out the hammers and nails. There's a lot of fence-mending the company needs to do. The day after the so-called Cyber Monday where online merchants usher in their own holiday shopping seasons, thousands of them are trying to get answers from Yahoo! about a payment system outage that left their online cash registers closed.
News doesn't get worse than this for a company like Yahoo. On a day that's arguably one of the most important for online shoppers during the holiday shopping season, the so-called "Cyber Monday," Yahoo's shopping and transaction algorithm appears to be down.
Google enjoyed one of its biggest monthly gains in U.S. Web search market share in October, building on consistent gains over the past two years, according to industry data out on Wednesday.
Should Microsoft (MSFT) buy Yahoo! (YHOO) to become a major player in internet search? Wait until you hear who is telling Bill Gates to open up his wallet!
Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Yahoo has settled a lawsuit alleging it aided China's prosecution of several dissidents, in a case that prompted criticism of the company for cooperating with an authoritarian government.
Call it Turnaround Tuesday: under-bought, over-sold, bottom-fishing, bargain-hunting. Whatever it is, it seems rally-time is finally hitting tech stocks. How long it will last is anyone's guess, but looking at the wacky whiplash these stocks have suffered over the past week, today's action is welcome indeed for anyone long in tech.
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Chalk one up for Intel Corp. The world's largest chipmaker is out to get bigger by getting smaller, thanks to the release today of its new "Penryn" family of microprocessors. These are the first to rely on a material called Hafnium, instead of the tried-and-true silicon that gave Silicon Valley its name
Good, but not good enough. Cisco shares are on the decline after market after the company reported a nice top and bottomline beat. Trouble is, shares have jumped 14% over the past quarter, 38% over the past year, and with a run like that, it appears the Street was looking for something a whole lot better.
Yahoo mobile chief Marco Boerries is racing to lock down phone distribution deals that could deliver hundreds of millions of advertising customers before Google's own mobile strategy ever takes wing.
Silicon Valley is no stranger to innovating new technology. And if investors tend to go where the talent is, and talent goes where the money is, it's safe to say that Silicon Valley is trying hard to re-invent itself as the world's eco-innovation headquarters.
Yahoo's chief executive was verbally lashed by U.S. lawmakers on Tuesday over the Internet company's role in helping identify a Chinese dissident who was later imprisoned by the government.
Shares in Alibaba.com more than doubled in their trading debut on Tuesday, topping expectations, after China's largest e-commerce firm raised $1.49 billion in Hong Kong's most popular initial public offering.
The financial sector continued their decline on news that Citigroup CEO Charles Prince resigned. In spite of the bank downturn some technology stocks continue to make gains.
Time Warner confirmed a CNBC report that Dick Parsons is stepping down as CEO and will be replaced by Chief Operating Officer Jeff Bewkes.