By samzenpus from Slashdot's you-will-be-assimilated department
Nerval's Lobster writes "Yahoo has agreed to acquire Tumblr for $1.1 billion. As you know, Yahoo is a major corporation with a need to monetize its assets in a way that makes its shareholders happy, leaving open the question of whether it'll alter Tumblr's DNA in order to make the latter more of a significant cash generator. But at least for the moment, Yahoo seems content to leave its new property alone. 'Per the agreement and our promise not to screw it up, Tumblr will be independently operated as a separate business,' read the company's press release. 'The product, service and brand will continue to be defined and developed separately with the same Tumblr irreverence, wit, and commitment to empower creators.' Tumblr CEO David Karp, who has been known to make some very anti-advertising comments in the past, will remain in place. Even so, anyone who likes Tumblr may have some cause for concern, because Yahoo has a history of making high-profile acquisitions that subsequently implode. Back in 1999, for example, it paid over $3 billion for GeoCities, another blogging network that it eventually shut down after years of failing the update the property. In 2005, it acquired popular photo-sharing Website Flickr, which it likewise allowed to languish and die. That same year it bought Delicious, a popular Webpage-bookmarking site, and did exactly nothing with it. So when Yahoo starts off its Tumblr press release with a promise not to screw things up, it's a self-deprecating nod toward all that history. New Yahoo CEO Marissa Mayer has been on a bit of a buying spree of late, snatching up startups such as Summly in an attempt to make her company 'cool' and relevant."Read Replies (0)
By timothy from Slashdot's ban-farm-equipment department
First time accepted submitter russotto points out the claim of industry group TechAmerican Foundation (reported by Computerworld) that "wages for the software industry are falling, not rising
. Wages fell 2% to $99,000 in 2012." Averages are one thing; the article points out though that wages vary vastly within the industry, and that some jobs are harder to fill (thus, better paid) than others. An excerpt: "Victor Janulaitis, CEO of Janco Associates, a research firm that also analyzes IT wage and employment trends, cited a number of reason for the decline in wages for software professionals. First, technology is becoming easier to implement without having an IT professional, he said. Also, the option of turning to outsourcing creates less pressure to increase wages.
As the recession continues, companies continue 'to look at productivity and will often look to hire individuals who are lower cost employees,' said Janulaitis. That could include displaced baby boomer workers who have been out of work for some time and 'will take a lower paying job just to get back into the workforce.'"Read Replies (0)
By timothy from Slashdot's with-a-calculator-he-could-upload-a-virus-to-the-mothership department
Pirate Bay Founder Gottfrid Svartholm Warg is to be tried starting tomorrow in Sweden, after his indictment last month for computer hacking and fraud
. Wikileaks has released several documents related to his detention and the associated charges
From the summary of this material: "This material includes inter alia the interrogations with GSW and his co-accused, internal correspondence from the Swedish Foreign Minister and the Swedish embassy in Cambodia, damage assessment reports by the companies and the authorities concerned, and correspondence between GSW and Kristina Svartholm and the Swedish prison authorities. The material is formally public, but the Swedish prosecution authority has refused to provide the documents in digital format. Photocopying this volume of paper costs around £350."
Notable is the refusal of Warg's request to obtain a graphing calculator while in prison.Read Replies (0)