Yahoo may write down goodwill value of Tumblr


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Outside the Yahoo office in San Francisco.


(Reuters) – Yahoo said it may have to write down the goodwill value of Tumblr, more than two years after the web pioneer spent $1.1 billion to buy the microblogging site.

Yahoo said earlier in the month it took a $230 million impairment charge related to Tumblr and was considering strategic alternatives for its core internet business.

“It is reasonably possible that changes in judgments … could cause the company to consider some portion or all of the remaining goodwill of the Tumblr reporting unit to become impaired,”Yahoo said in a regulatory filing on Monday.

The deal for Tumblr was then seen as a bold bet by Yahoo Chief Executive Marissa Mayer to revitalize the company by co-opting a Web property with strong visitor traffic but little revenue.

Yahoo said on Friday it would take pretax charges of $64 million to $78 million, mostly in the first quarter of 2016,

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San Bernardino survivor’s husband backs Apple in battle with FBI


This post is by Jon Russell from TechCrunch


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apple-fbi-feature A recent poll suggested that the majority of Americans support the FBI and its order to open the iPhone used by San Bernardino shooter Syed Rizwan Farook. While some of those voices may be less aware of the specifics of the situation, Apple has the backing of the husband of one of the survivors of the terrorist attack, who admitted he has changed his mind over the case. Read More

Tinggal, a budget hotel network in Indonesia, lands $1M from backers of India’s Wudstay


This post is by Jon Russell from TechCrunch


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Screenshot 2016-03-01 12.23.46 Indonesia-based Tinggal is less than one month old, but today the company announced that it has raised $1 million in funding. Particularly of interest is the fact that this financing has come from the investors and members of the executive team behind India-based Wudstay, a budget hotel network that launched in July 2015. Read More

Japan’s telemedicine and drug delivery platform Port Medical raises $7.9 million


This post is by Yukari Mitsuhashi, The Bridge from VentureBeat


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photo01


(The Bridge) – Tokyo-based Port is preparing for the beta launch of Port Medical, a telemedicine platform allowing chronic patients to consult a doctor online. The company announced today that it has fundraised 900 million yen (about $7.9 million) from Eight Roads Ventures Japan (previously known as Fidelity Growth Partners Japan), Mitsubishi UFJ Capital, and Global Brain.

Port has been serving businesses with employment consulting services through the leveraging of social media as well as offering several vertical media sites such as CareerPark (tips for career building) and Tabimo (travel tips). The company learned of many issues in the healthcare and medical sectors through Medicil, a health and beauty tips website launched back last November, and then launched the Port Medical platform to address these issues. The latest funds will be used to improve media content, strengthen technology capability, and launch new businesses.

Port

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Korean last-minute hotel booking app DailyHotel launches in 10 new countries


This post is by Catherine Shu from TechCrunch


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shutterstock hotel DailyHotel, a Seoul-based app that lets harried travelers quickly find hotel rooms, has launched in 10 new Asian countries. The startup was founded in 2013 by brothers Ryan and Jimmy Shin after Ryan struggled to find a last-minute hotel room in Seoul. It has raised more than $10 million from Sequoia India, but declined to say exactly how much funding it has received so far. Read More

Federal judge pokes holes in government’s case against Apple


This post is by Jordan Novet from VentureBeat


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Apple Store


A federal district court judge in New York today called into question several of the federal government’s arguments in its push to make Apple unlock San Bernardino shooter Syed Rizwan Farook’s iPhone.

U.S. Magistrate Judge James Orenstein, of the U.S. District Court for the Eastern District of New York, focused much of his vigorous attack on the use of the All Writs Act in the case. Orenstein has spent the past several months handling a separate case — it involves Jun Feng, a resident of Queens, New York, who was indicted on charges of meth trafficking and whose iPhone 5s was taken by U.S. Drug Enforcement Administration (DEA) agents — but one in which Apple feared that the All Writs Act would be invoked.

“This matter [involving the San Bernardino shooter] is therefore one of a dozen pending cases in which the government and Apple disagree as

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Google and Bing agree: Trump and Clinton will win Super Tuesday


This post is by Blaise Zerega from VentureBeat


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Bing Search Wave Super Tuesday 2016


Tomorrow is Super Tuesday, when 12 states hold their primary elections and caucuses in the U.S. presidential campaign. It is arguably the most important day for candidates in the battle for the Democrat and Republican nominations, a day when the most states and the most delegates are up for grabs. It’s also a day when the wisdom of the crowds, a hallmark of American democracy, is put to the test.

And while entering a search query is quite different than casting a vote, a look at search trends on Bing Search Wave and Google Trends offers a powerful indicator of people’s support for the candidates. Call it the curiosity of the crowds.

As of this writing on the eve of Super Tuesday, both Bing and Google agree: Trump will win 10 of the 11 Republican contests; however they disagree on the Democrat contests, with Bing showing Clinton claiming 9 of 11 contests, and Google showing Sanders

Super Tuesday 2016 Bing
SuperTuesday 2016 Bing
Super Tuesday GOP 2016
Super Tuesday Democrat Texas 2016

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Can Emerging Nations Create Their Own Silicon Valleys?


This post is by Jenny Q. Ta,Shinta W. Dhanuwardoyo from TechCrunch


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Saigon, Ho Chi Minh City skyline Innovation requires a level playing field that Silicon Valley elites seem unprepared to give emerging nations. Are the original Valley’s glory days over? And will successful mini versions of the Bay Area’s tech Mecca spring up in other locations around the world? Alec Ross, technology policy expert and former Senior Advisor for Innovation to Hillary Clinton, doesn’t think so. Read More

20 years have produced some seriously ugly Pokémon


This post is by Mike Minotti from VentureBeat


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What were they thinking?



Check out more of our 20th anniversary of Pokémon coverage this week at GamesBeat.


Not all Pokémon are created equal.

While Pikachu and Jigglypuff turn into adorable little mascots, others become embarrassing reminders of an artist’s bad day at the office. They don’t really hurt the franchise. Total sales for Pokémon have reached over 200 million. It’s spawned dozens of games, a TV show that still runs today, and 18 movies and counting. Heck, sometimes these dumb so awful that we all enjoy poking fun at them. Still, you can’t deny just how stupid some Pokémon look.

Below, GamesBeat’s resident Pokémon fans Jeff Grubb (staff writer) and Mike Minotti (community manager) each picked three of their favorite — or, maybe, most despised — designs from the series to help celebrate the franchise’s 20th anniversary.

Mike’s picks

Vanilluxe

Vanilluxe

OK, look. You can base a Pokémon on an animal, and that works

Jynx
exeggcute
Garbodor
klefki
nosepassprobopass

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Buffer Adds Twitter-Based Customer Service Tools


This post is by Haje Jan Kamps from TechCrunch


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RespondLaunchGraphic Buffer is best known as a scheduling tool to help marketing teams schedule content on social media, but with the acquisition of Respondly they signaled a plan to expand its repertoire to cover customer service users. Buffer’s Respond is a tool to help companies reach its audiences, reply to queries, and monitor what’s being said about them. Read More

HTC sold 15,000 $800 Vive virtual reality headsets in 10 minutes


This post is by Jeff Grubb from VentureBeat


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A few thousand people are ready for this.



Check out more of our 20th anniversary of Pokémon coverage this week at GamesBeat.


Virtual reality is still in its early days, but it’s amazing how capable it is of making your bank account look a lot less impressive.

HTC revealed today that is has sold more than 15,000 HTC Vive VR kits in the first 10 minutes after it went on sale for preorder. That’s not bad for an unproven technology that costs $800 and requires a $1,000 PC. This comes as companies like Facebook, Google, and Samsung are all moving into this sector. Investment bank Goldman Sachs predicts VR could grow into a $110 billion business by 2020 along with the similar augmented reality tech that mixes digital images with the real world — and Vive is one of the consumer products that could drive those revenues.

Vive is a PC peripheral (from HTC and its partners at

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Google now offers 24/7 Chrome support for non-Google Apps customers


This post is by Jordan Novet from VentureBeat


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google_chrome_logo


Google is getting a wee more enterprisey. Today the company announced that it’s beginning to offer 24-by-7 phone and email customer support for Chrome for businesses that aren’t even paying to use Google Apps like Gmail and Docs.

The new program, Chrome for Work Assist, is a contact us”-type of affair. In other words, neither the blog post announcing the news nor the website that promotes it contains pricing information.

Until this point Chrome support was only available to Apps customers, Google for Work product manager Saswat Panigrahi wrote in the blog post. Initially Chrome for Work Assist is only available in the U.S. and Canada, but it will become more widely available in the future, he wrote. In addition to providing support, Google will be helping companies deploy Chrome across their workforce in the new offering, Panigrahi wrote.

Chrome has racked up more than 1 billion active users.

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Is Singularity Near?


This post is by Truls Unholt from TechCrunch


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brain-hearts The 11th of December 2015, Open AI, a nonprofit artificial intelligence research company was announced to the world. With $1 billion in funding from high-profile investors, such as Elon Musk, Reid Hoffman and Peter Thiel, the company put forward an ambitious research agenda to keep artificial intelligence beneficial to humanity. Both the research agenda and the objective of the company, is… Read More