Bad news for Democratic State Representative Mike Kernell from Tennessee if this story proves true. Remember how Republican Vice President candidate Sarah Palin’s Yahoo email account was hacked into last week?
The FBI has been involved in trying to track down the hacker and the evidence has led them to the home of 20-year-old University of Tennessee student David Kernell, son of Representative Mike Kernell.
No charges have been filed yet but David’s apartment has been searched.
A lot of us probably check out Digg, a website where users submit and rank news stories, videos, etc.
A lot of us (okay, at least me) are also a bit tired of Digg because of lots of worthless stories being posted, people advertising their own site, people posting dumb comments while trying (and failing) to be funny, etc.
Yahoo has been working on their own Digg-like site called Buzz and while initially only a few invited individuals could post stories it looks like Yahoo has opened things up now and the rest of us can post stories too.
On Digg you “digg” a story to say you like it and improve the stories rank so even move people will see it. On Buzz you “buzz up” a story and the same thing happens–the higher the buzz about a story, the higher it’s rank, the more people that will see it.
Top stories will even show up on Yahoo’s homepage.
Can’t say yet if it’s better or worse than Digg, but at least it’s another option. Check it out for yourself at http://buzz.yahoo.com.
[Via Download Squad]
Yahoo disclosed in an SEC filing that during it’s fighting off of Microsoft’s buyout attempt it managed to spend $36 million on fees for third-party advisors with the majority going to Goldman Sachs, Lehman Brothers, Moelis & Company, and Skadden Arps.
Note to self: start an advisory company.
When Yahoo held their shareholders meeting and votes were cast for the Jerry Yang and company, they won pretty conformably and it was taken as a sign that the shareholders were more or less rallying behind the board and believed in their vision.
Turns out that might not be completely true.
ValleyWag is reporting that Capital Research & Management, the group responsible for tallying the shareholder votes, omitted tens of millions of votes, way more than enough to skew the results.
The new, corrected totals, paint a pretty bad picture for Yang with the percentage of votes withheld from him jumping from 14.6 to 33.7 percent. Yahoo chairman Roy Bostock has his own bad news to deal with, with the percentage of votes withheld from him jumping from 20.5 to 39.5 percent.
Does that mean that Yang and Bostock will be stepping down?
Yahoo held their annual meeting with their shareholders and contrary to what some people believed before the meeting, the shareholders voted strongly in favor of CEO Jerry Yang and Yahoo’s board of directors with Yang receiving 85% of the vote in his favor.
That’s not to say that everyone is happy with Yang and the board. A small group of investors that collectively own 3.2 million shares criticized the board during the meeting, saying that they have hurt the stock price since.
One of them, Eric Jackson, said “I think you have overpaid in terms of executive compensation, overplayed your hand with Microsoft and overstayed your welcome on the board.”
Another investor asked to know more about how much time Yahoo directors worked to earn their pay.
Tech giants HP, Intel and Yahoo have announced a joint venture focused on cloud computing, quite a buzzword in the industry right now.
Working together with universities in the US and Germany as well as with Singapore’s new IT development agency, the group will setup six facilities around the world to research hardware, software and data center management issues in large environments.
The data centers will consist mainly of HP hardware with Intel processors, and have between 1,000 and 4,000 processor cores. The software will be open-source products such as Apache Hadoop and Yahoo’s Pig.
If all goes well they hope to have the data centers up later this year.
Several former Google engineers left to start their own search service and yesterday they announced it.
Cuil (pronounced “cool”) claims to be able to index more of the web faster and more cheaply than Google, which currently boasts the largest online index.
According to Tom Costello, co-founder and chief executive of Cuil, “our significant breakthroughs in search technology have enabled us to index much more of the Internet, placing nearly the entire Web at the fingertips of every user.”
The company claims to have already indexed 120 billion web pages, three times more than Google’s index.
With Google diversifying so much the time could be right for someone to challenge Google on search, but can a start-up handle the pressure of competing against heavyweights like Google, Yahoo, and Microsoft?
Yahoo has announced that beginning on October 1st of this year they will no longer be delivering DRM keys to music purchased from their Yahoo Music online music service.
If you have already authorized songs from the service you’ll still be able to play them locally, but you won’t be able to do anything else with them–no copying them to a portable player, burning them to CD, etc.
This may or may not be true, but a photo of a sign allegedly hanging in the Yahoo restrooms says:
PLEASE STOP PEEING IN THE SINK
If it is true, employees must be pretty pissed (I know, so obvious, but couldn’t help myself) and acting out in strange, disrespectful ways.
But, I’m leaning towards it being a joke…the photo has since been taken down at Flickr, plus can’t imagine Yahoo would want that sort of sign posted in bathrooms where visitors could potentially see it.
[Via Valley Wag]