SALON

Tuesday, Dec 4, 2012 11:15 PM UTC

Yahoo buys more mobile expertise in latest deal

By

Topics: From the Wires,

SAN FRANCISCO (AP) — 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 Inc., which is based in Sunnyvale, Calif., 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 Inc., 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 Inc. 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 in a statement.

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 percent, to close Tuesday at $18.93.

Next Article

Related Stories

More Related Stories

Featured Slide Shows

The week in 10 pics

close X
  • Share on Twitter
  • Share on Facebook
  • Thumbnails
  • Fullscreen
  • 1 of 11
  • Lisa Montgomery embraces her nephew Thursday after a tornado tore apart her home in Cleburne, Texas. The twister killed six people and destroyed entire swaths of the North Texas town.
    Credit: AP/LM Otero

  • Jack McMahon, the defense attorney for abortion doctor Kermit Gosnell, speaks outside the Criminal Justice Center Philadelphia Tuesday. His client was convicted of killing three babies in his clinic, and will serve multiple life sentences.
    Credit: AP/Matt Rourke

  • A photo taken Monday captures Vice President Joe Biden's response to a Milwaukee second-grader's innovative proposal to end America's epidemic of gun violence. This guy!
    Credit: AP/Jenny Aicher

  • Sen. Rand Paul, R-Ky., flanked by a grouper-eyed Michele Bachmann, addresses the IRS' admission that it targeted Tea Party groups in advance of the 2012 election. In an op-ed for CNN Thursday, the Kentucky senator slammed the president for his faux outrage.
    Credit: AP/Molly Riley

  • Ousted IRS chief Steven Miller is sworn in on Capitol Hill Friday. Miller testified before the House Ways and Means Committee on the extra scrutiny the agency gave conservative groups applying for tax-exempt status.
    Credit: AP/J. Scott Applewhite

  • Attorney General Eric Holder pauses as he testifies on Capitol Hill before the House Judiciary Committee Wednesday. Holder is under fire, among other things, for the Justice Department's gathering of phone records at the Associated Press.
    Credit: AP/Carolyn Kaster

  • O.J. Simpson sits during an evidentiary hearing at Clark County District Court in Las Vegas, Nev., Thursday. Simpson, who is currently serving a nine-to-33-year sentence in state prison for armed robbery and kidnapping, is using a writ of habeas corpus to seek a new trial.
    Credit: AP/Las Vegas Review-Journal/Jeff Scheid

  • Major Tom to ground control: On Sunday astronaut Chris Hadfield recorded the first music video from space, a cover of David Bowie's "Space Oddity."
    Credit: AP/NASA/Chris Hadfield

  • When it rains it pours. President Barack Obama speaks during a news conference Thursday with Turkish Prime Minister Recep Tayyip Erdogan, inexplicably inspiring an #umbrellagate Twitter meme.
    Credit: AP/Jacquelyn Martin

  • A smoke plume rises high above a road block at the intersection of County A and Ross Road east of Solon Springs, Wis., Tuesday. No injuries were reported, but the the wildfire caused evacuations across northwestern Wisconsin.
    Credit: AP/The Duluth News-Tribune/Clint Austin

  • Recent Slide Shows

  • Share on Twitter
  • Share on Facebook
  • Thumbnails
  • Fullscreen
  • 1 of 11

Related Videos

Comments

 0 Comments

Comment Preview

Your name will appear as username

You may use these HTML tags and attributes: <a href=""> <b> <em> <strong> <i> <blockquote>

follow salon

Most Read

Popular on Reddit

links from salon.com

vote
New Yorker launches tool by Aaron Swartz to protect leaks: Strongbox, co-created by the late technologist, is an open-source drop box for leaked documents
224 points225 points | 8 comments
vote
New Yorker launches tool by Aaron Swartz to protect leaks: Strongbox, co-created by the persecuted late technologist, is an open-source drop box for leaked documents
167 points168 points | comment
vote
Loaded terminology like "entitlements" and "welfare" skews the debate and alters America. How right-wingers use semantic tricks to kill government.
135 points136 points | 37 comments
vote
Obstruction will ruin the GOP: Playing politics and abusing the system can excite the extremes, but it's a recipe for long-term political disaster
51 points52 points | 8 comments
vote
With the help of Photoshop, artist Yao Lu has made shanshui — traditional ink paintings — of China's landfills
26 points27 points | 1 comment

From Around the Web

Presented by Scribol
listener_new_rect The Listener: So long, Sookie Stackhouse

Recommendations