Yahoo bought Tumblr for its rambunctious community. Despite the coat of paint rapidly applied to its email, homepage and various apps since Marissa Mayer arrived as chief executive less than a year ago, Yahoo was still in need of an injection of youth and energy.
But in solving that problem, Tumblr may have created another for Yahoo. Ad execs and Wall Street analysts alike are voicing concerns about – along with gifs and memes – one of Tumblr’s most popular types of content: pornography. Read more
Google shares rose past the $900 mark on Wednesday as it announced 900m Android activations at its annual developer conference, Google I/O, in San Francisco. Google also launched a new subscription music streaming service, Google Play All Access, and a bunch of new services for developers, including improved gaming capabilities, mapping services and voice-controlled search tools.
Here’s a transcript of the liveblog by Chris Nuttall and Tim Bradshaw, who were reporting from the Moscone Center.
Google’s Gmail is suffering disruption, with many corporate users reporting they are not receiving emails from the webmail service, which has more than 400m users worldwide.
While Google’s Apps Status Dashboard is reporting that Gmail is working normally, it indicates the related Postini Services are suffering from disruption. Read more
Interesting commentary from around the Web on the tech story that made headlines this week.
Only a lucky group of applicants was selected to participate in testing the Explorer version of Google Glass. As early reviews started to trickle out this week, so too did a growing backlash against the “glassholes”.
While the elite of the tech world may be smitten – like Robert Scoble, who wrote he’s never taking his Google Glass off – others weren’t as easily impressed by the breakthrough in wearable computing, comparing it to overhyped tech toys such as the Segway and pocket protectors. Read more
Andreessen Horowitz is helping to put Silicon Prairie on the map of wanna-be tech hubs with its latest investment in the Des Moines, Iowa-based start-up, Dwolla.
The young internet payment network attracted $16.5m in a Series C round, led by Andreessen, with previous investors Village Ventures, Thrive Capital, and Union Square Ventures joining.
While setting up shop in the mid-western United States leaves the company far away from the investors and talent pools on the West and East Coasts, there are benefits to building a business in a less saturated market. Read more