10 Things In Tech You Need To Know This Morning (YHOO, MSFT, AMZN)
Good morning! The news:
Yahoo's stock went flying last night after it reported earnings. The core business of Yahoo wasn't particularly great, revenue was up 1%. But, Alibaba's revenue was up 66%, and Yahoo owns 24% of that company.
A little after 1 PM yesterday, Twitter's stock went nuts. It was up 11.4%. We're not sure why, but Twitter hired a new head of product, and it bought a data company called Gnip yesterday.
Amazon's smartphone is real, and BGR has photos and complete details on it. It's going to have 5 front facing cameras, with 4 of those cameras used to create a 3D effect for the screen.
Automattic, the parent company of Wordpress, is looking to raise $100 million in new funding.
Online invitation site Paperless Post raised $20 million in funding.
Squarespace, the company that helps make websites for people and businesses, raised $40 million.
Andrew “weev” Auernheimer, the hacker who was in jail for releasing hundreds of thousands of iPad emails speaks.
In an interview, Matias Duarte, the head of Android's design says "mobile is dead." What he means is that we shouldn't think of "mobile" as a category, but think of delivering the right experience for the right screen.
Microsoft CEO Satya Nadella laid out his plan to get Microsoft in the "Internet of Things."