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.

- SAPA
Read more on:    google  |  apple  |  yahoo  |  mobile
NEXT ON NEWS24X

SHARE:

Read News24’s Comments Policy

24.com 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
0 comments
Add your comment
Comment 0 characters remaining

Inside News24

 
/News
Horoscopes
Aquarius
Aquarius

Your head may be up in the clouds today. Hopefully the wind will blow the clouds away and you will have a clear view. Keep things...read more

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

Hello 

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 24.com network.

Settings

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.