10 Things In Tech You Need To Know This Morning
Apr 17, 2014, 16:16 IST
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- Yahoo CEO Marissa Mayer is formulating a plan to make Yahoo the default search engine for the iPhone and the iPad.
- There's just one small problem with Mayer's plan, Yahoo doesn't have any search technology. So, she has to build new search technology, and then it has to significantly better than Google's or Microsoft's, two companies heavy in search with lots of money.
- Speaking of Mayer, her total compensation last year was $25 million.
- Google reported earnings that were lighter than analysts expected. The stock fell. Google blamed costs associated with the Nest acquisition for lighter than expected earnings.
- Apple is planning to add a song-recognition feature into the iPhone. It will partner with Shazam. So, you can say to Siri, "What song is playing?" And Siri will tell you. In theory, this could help boost weak iTunes downloads.
- Weibo, a Chinese social network like Twitter, priced its IPO at $17, which was at the low end of its range. Its IPO price gives it a $3.6 billion valuation. Twitter is valued at 26 billion. Growth/usage were lower than people expected for Weibo.
- A good Q&A with Mark Zuckerberg about Facebook's future. He says Facebook will be unbundling the desktop version of Facebook for mobile. So, instead of one app where everything is, you'll get multiple apps like messenger, Instagram, Facebook, Paper, etc.
- Dropbox's new photo sharing app gets panned in the NYT: "The entire thing feels like spam, and to some extent, it is."
- Amazon is so far ahead of Google in cloud computing war, it's not even close. "Every day, one-third of people who use the internet visit a site or use a service running on Amazon's cloud."
- Online dating site Zoosk filed for a $100 million IPO. It generated over $178 million in revenue for 2013, up from $109 million in 2012. It had a net loss of $2.6 million in 2013, down from $20.6 million the year before.
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