Yahoo To Detail Layoffs

dell takes a slice at apple with super thin latitude z dellz closed

Back in October, Yahoo announced it would be laying off about 1,500 employees; today, the company is expected to detail those layoffs, with the bulk of the job cuts expected to land in the company’s human resources and finance divisions. The 1,500 job cuts represent about 10 percent of the company’s total work force.

In October, Yahoo CFO Blake Jorgensen indicated the company would consider additional job cuts in 2009 if the economic situation continued to worsen. Yahoo had also indicated it planned to jettison jobs in markets with high costs of living—like the United States—and hire aggressively in markets like India, southeast Asia, and Eastern Europe, where the cost of bringing employees on board is considerably lower.

In the meantime, Jerry Yang has announced he will be stepping down from his position as Yahoo’s CEO; the company has not yet named a replacement.

Adding to the ongoing turmoil at Yahoo, one of the company’s major investors is urging the company to sell its Internet search business at Microsoft’s feet. In early 2008, Microsoft made an unsolicited bid to take over Yahoo; after many months of maneuvering, the companies were unable to reach a deal, and Yahoo angered its investors by walking away from a takeover offer worth over $45 billion. Now Ivory Investment Management LP, one of Yahoo’s largest single shareholders, is pushing the company to sell its search business to Microsoft. In a letter to the Yahoo board of directors, Ivory says Yahoo could get about $15 billion out of Microsoft for the search operations, and stipulate that Yahoo still receive 80 percent of the revenue from search queries on Yahoo sites. Ivory argues that revenue alone would be worth about $1.6 billion a year.

Ivory controls about 1.5 percent of Yahoo’s shares.

Microsoft CEO Steve Ballmer has indicated Microsoft is no longer interested in taking over Yahoo, but might be interested in the company’s search operations. Yahoo is currently the second-largest Internet search engine with roughly a 20 percent share of the online search market. Search shares of AOL, Microsoft, and Ask.com are all soundly in the single-digits, with Google dominating the market.

Business

4 women innovators who are using tech to help others live better lives

Meet four women leaders who are not only at the forefront of technology today, but also using tech — from robotics and medicine to food and undergarments — to help others.
Mobile

Genius Pack Supercharged will power up your phone and tablet simultaneously

With enough juice to power a smartphone up to four times and dual USB charges, the Genius Pack Supercharged carry-on bag can charge two devices simultaneously. The bag also uses eight 360-degree wheels and has a tough exterior shell.
Computing

Make the most of your toner with our five favorite color laser printers

Color laser printers have improved dramatically over the years, and today's models offer both blazing print speeds and great image quality. Here are our favorite color laser printers, from massive all-in-ones to smaller budget options.
Home Theater

Apple's Airpods 2 could be released as early as this week

Apple may release new AirPods in the first half of 2019. A wireless charging case, health sensors, water resistance, and better Siri integration are some of the improvements rumored to be part of the new package.
Cars

Nvidia’s new simulator brings virtual learning to autonomous vehicle developers

Nvidia introduced a simulator for testing autonomous vehicle technologies. Drive Constellation is a cloud-based platform technology vendors can use to validate systems efficiently, safely, and much faster than with vehicles on real roads.
Photography

Paper designs digitize in real time using an Illustrator-connected paper tablet

Love graphic design, but prefer the feel of real paper? The new Moleskine Paper Tablet - Creative Cloud Connected syncs with Adobe Illustrator in real time, turning paper sketches into digital drawings.
Product Review

4K and 144Hz? Yup, the Acer Predator XB3 will max out your gaming PC

The Predator XB3 isn’t for the faint of heart. But if you have a system that can push over 100 frames per second in 4K screen resolution, this monster of a monitor might be the perfect match for your overpowered gaming rig.
Computing

Firefox 66 is here and it will soon block irritating autoplay videos

Do web advertisements have you frustrated? Mozilla is here to help. The latest version of the browser will soon block autoplaying videos by default and will also help make web page scrolling smoother.
Computing

USB4 will be the fastest and most uniform USB standard yet

USB4 is on the horizon and alongside a massive boost in speed it's also unifying with the Thunderbolt 3 standard to help finally create a singular wired connection protocol that all devices can enjoy.
Computing

The U.S. government plans to drop $500M on a ridiculously powerful supercomputer

The U.S. Department of Energy has announced plans to build a $500 million exascale supercomputer by 2021. The project, known as the Aurora supercomputer, is expected to boost research efforts in fields such as public health.
Buying Guides

Apple has powered up its iMac lineup, but which one should you opt for?

With new processors and graphics cards for both the 4K and 5K models, the iMac feels like a good option for creatives again. But which should you buy? Here's our guide to choosing the right Apple all-in-one for your needs.
Computing

HP spring sale: Save up to 58 percent on laptops, desktops, printers, and more

From now until March 23, the HP spring sale lets you take as much as 58 percent off of a huge range of laptops, desktop PCs, printers, and more, potentially saving you more than $1,000. We’ve rounded up a dozen of the best deals right…
Computing

Yes, Apple’s new iMacs look great, but they do have one glaring problem

With processors ranging up to the eight-core Core i9, the 2019 iMac update looks like a pretty solid upgrade to Apple's classic all-in-one. But hidden in the details of the product page, there's one outdated component Apple is holding onto.
Computing

Grab 1 terabyte of SSD storage for just $100 with this sale on Amazon

If you're looking for an excellent opportunity to pick up a 1TB SSD at a low price, Amazon has you covered with Samsung's 860 QVO 1TB 2.5-inch SATA III Internal SSD. It is an excellent offering for both multimedia enthusiasts and gamers.