Shazam has named former Yahoo executive Rich Riley as its new CEO, replacing longtime chief Andrew Fisher, who will transition to executive chairman duties. AllThingsD reports Shazam is making the moves to strengthen its leadership team and put itself in position "for next stage of growth and IPO."
Yahoo is rolling out an overhauled version of its flagship application for Apple's iOS, integrating technology from mobile news app Summly, which it acquired for a reported $30 million late last month.
Yahoo is discontinuing a series of legacy mobile applications, shifting its focus to building newer mobile services like its revamped Yahoo Mail for Apple's iPad and Google's Android tablets and Yahoo Weather for iPhone, both introduced last week.
While not supporting working at home for employees, Yahoo's chief Marissa Mayer is embracing mobility, at least for Yahoo's products.
Yahoo announced that it now counts 300 million mobile monthly users, up from 200 million at the end of last year. The company said the rise is partly due to a recent overhaul of its mobile and desktop sites, but is also likely due to users' overall shift from desktop Internet surfing to accessing the Internet from their smartphones.
I found a big shocker when I opened this month's comScore search engine marketshare numbers.
Apple and Yahoo are in discussions to integrate Yahoo Web services more deeply into the iPhone and iPad user experience, The Wall Street Journal reports.
To quote Frank Sinatra, "When I was 17, it was a very good year." It was nowhere near as good as the year 17-year-old Nick D'Aloisio is having, however: This week, the British whiz kid sold his mobile software startup Summly to Yahoo for somewhere between $20 million and $30 million--not a bad payday, especially compared to the $4 per hour I made working in a record store when I was D'Aloisio's age. (Come to think of it, maybe I didn't have such a good year after all.)
Yahoo has acquired Summly, a London-based mobile software startup promising consumers more efficient access to online news content. Financial terms of the deal were not disclosed.
Yahoo has acquired Jybe, a personalized recommendation engine founded in 2011 by five ex-Yahoo employees. Financial terms of the deal were not disclosed.