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Should we let wunderkinds drop out of high school?
NEW YORK (AP) — It's one thing to say tech geniuses don't need degrees. After all, Bill Gates, Steve Jobs and Mark Zuckerberg all dropped out of college.But now we've got David Karp, who doesn't even have a high school diploma. Karp, 26, founded Tumblr, the online blogging forum, and sold it to Yahoo for $1.1 billion.
Which raises the question: When is it OK for a wunderkind to drop out of school?
Some folks in Silicon Valley and elsewhere say a conventional education can't possibly give kids with outsize talents what they need. Others, like Vivek... Read More
Yahoo looks to regain its cool with Tumblr deal
SAN FRANCISCO (AP) — After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online blogging forum Tumblr in a risky acquisition that revolves around the vision and instincts of a 26-year-old entrepreneur who dropped out of high school to pursue his dream of bringing more beauty and creativity to the Internet.The deal announced Monday is Mayer's boldest move since she left Google 10 months ago to lead Yahoo's latest comeback attempt. It... Read More
Under Mayer: Boosting mobile, buying companies
Yahoo Inc. lured Marissa Mayer from Google in July to become its fifth CEO in as many years. Her task: Help the Internet pioneer regain its stature after years in a financial funk. In her 10 months leading the company, she has overseen a redesign of Yahoo services and orchestrated several acquisitions, including a deal to buy online blogging forum Tumblr for $1.1 billion.Here are some of the milestones on her watch:
— ALIBABA: In September, Yahoo completed a long-awaited, $7.6 billion deal for Chinese e-commerce group Alibaba to buy back half of Yahoo's 40 Most... Read More
'Sonic' video games coming to Nintendo
LOS ANGELES (AP) — Sonic the Hedgehog is rolling with Nintendo.Sega says it will exclusively release the next three games starring the popular blue critter on Nintendo platforms. The first title will be called "Sonic Lost World" and is set for release on the Wii U and Nintendo 3DS later this year.
"With 'Sonic Lost World,' we're going to introduce new gameplay and enemies, which is always fun," said John Cheng, president and chief operating officer of Sega of America Inc. "In terms of Sonic and his friends, he'll have his same friends there, and I think there'll... Read More
A year after IPO, Facebook aims to be ad colossus
NEW YORK (AP) — It was supposed to be our IPO, the people's public offering.Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, was going to be bigger than Amazon, bigger than McDonald's, bigger than Coca-Cola. And it was all made possible by our friendships, photos and family ties.
Then came the IPO, and it flopped. Facebook's stock finished its first day of trading just 23 cents higher than its $38 IPO price. It hasn't been that high since.
Even amid the hype and excitement surrounding Facebook's stock market... Read More
Top Stories in Technology
- Panel: Apple uses firms outside US to avoid taxes
- Should we let wunderkinds drop out of high school?
- Yahoo reboots Flickr, offers 1 terabyte of storage
- Yahoo looks to regain its cool with Tumblr deal
- Under Mayer: Boosting mobile, buying companies
- Idaho couple and Sun Valley land in Twitter tussle
- Blackstone group offers to take Pactera private
- Seamless and GrubHub to combine, no terms revealed
- High court uphold FCC power in cell tower disputes
- Report: Yahoo nearing $1.1B acquisition of Tumblr
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