Yahoo buys more mobile expertise

2012-12-05 11:39

((Nicholas Kamm, AFP))

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

San Francisco - Yahoo has bought another Silicon Valley mobile startup as CEO Marissa Mayer tries to create more compelling products for smartphones and tablet computers.

Tuesday's acquisition of OnTheAir follows Yahoo's recent purchase of a mobile startup called Stamped. In both cases, Yahoo was drawn more by the engineering talent working at the startups than the services that they have been offering.

Yahoo, which is based in Sunnyvale, California, didn't disclose how much it paid for OnTheAir, which is based in San Francisco.

The service enables users to hold online video chats in a talk-show format. Yahoo didn't say whether it intends to continue OnTheAir's service.

Yahoo is in the process of closing Stamped's service just six weeks after announcing that acquisition so the engineers picked up in that deal can focus on other projects. Five of the 11 Stamped employees used to work for Google, where Mayer was a top executive before Yahoo lured her away to become its CEO in mid-July.

One of OnTheAir's employees, Daniel Hopkins, also used to work at Google. The resumes of the four other OnTheAir workers being scooped up by Yahoo list stints at Apple and instant messaging service Meebo.

"Hiring the most talented mobile product thinkers and engineers is a big priority for us moving forward," Adam Cahan, Yahoo's senior vice president of emerging products and technology, said.

Mayer has said she believes half of Yahoo's engineering talent must eventually consist of mobile computing specialists.

Yahoo's stock gained 38 cents, or 2%, to close Tuesday at $18.93.

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
Read more on:    google  |  apple  |  yahoo  |  mobile
NEXT ON NEWS24X publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24


Rugby World Cup 2015

All the action from the 2015 RWC, including live coverage of all 48 matches, breaking news, fixtures, results, logs - and much more!


Rugby World Cup 2015

Barnes to ref Boks, Wales clash
Wallabies 'defend like dogs'
Loubscher expecting 'direct' Wales
Carter desperate to reach RWC final

You may find it hard to focus on the mundane routines as the greener pastures seem so tempting. It is a good time to expand more

There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.