Daily Archives: December 23, 2009

David Gelles

Apple has something big up its sleeve for next month.

The company has rented a stage at the Yerba Buena Center for the Arts in San Francisco for several days in late January, according to people familiar with the plans.

Apple is expected to use the venue to make a major product announcement on Tuesday, January 26th. Both YBCA and Apple declined to comment.

The company most recently used the YBCA stage in September, when chief executive Steve Jobs made his first public appearance after a medical leave and showed off new iPods. 

Chris Nuttall

Jajah has become the latest internet phone company to be snapped up by a bigger player, with the Silicon Valley company announcing it is being acquired by Europe’s Telefónica for $207m €145m) in an all-cash transaction. 

The deal is much smaller than the $3.9bn eBay paid for Skype in 2005 but larger than the rumoured $50m  Google deal to acquire GrandCentral in 2007, which it renamed Google Voice. 

Chris Nuttall

Serial entrepreneur Jack Dorsey is pointing out the origins of his new start-up, Square, as he stands in the middle of its new office space inside the San Francisco Chronicle building.

It is move-in day in a section of the newspaper’s emptying headquarters that now has to be sub-let. The Chronicle, founded in 1865, has seen its staff and circulation shrink by more than a quarter in the past three years as people turn to the internet for their news.