The scandal surrounding Lopez is centered around his career as a legislator, as he’s accused of sexually harassing female legislative employees. The claims against him were made public last August, by way of a censure by Assembly speaker Sheldon Silver. On Friday he had said he planned to hang on for five weeks, and then run for a City Council seat — whether that quick return to politics remains the plan is unclear.
‘I couldn’t stop screaming’: Witnesses describe Texas tornadoes
(Photo: Ralph Lauer / EPA)
Survivors of the tornadoes that devastated two towns in Texas on Wednesday night described their terror as the violent storm tore apart their homes, killing six people and injuring dozens more.
The spate of extreme, hazardous weather we’ve seen over the last year or so has been truly disturbing, which is not to say the people of Texas aren’t in the know about tornado threats. Regardless, though, the damage and human toll here is deflating. Our thoughts are with the victims, stripped of their homes, and for some, their lives.
Tumblr feels that Yahoo’s $1.1 billion offer as “too low” and view it as “only a first offer”, according to sources close to to acquisition talks. Yahoo may have to significantly increase the offer to close the deal. An acquisition by some tech giant is likely in the cards for Tumblr, though, as sources say the company only has a few months of cash runway left.
… still hope yet, according to TechCrunch.
You might remember Aimee Copeland as the twentysomething who went through a harrowing experience last year, losing most of her limbs after a zip-line accident exposed her to flesh-eating bacteria. Fortunately, though, technology is giving her a second chance. Copeland recently received bionic hands from a company called Touch Bionics—devices which are so effective that she can actually grab things and do tasks that most people take for granted. Amazing stuff.
I am super bored of hearing this.
Could Yahoo have done a better job of managing Flickr? Absolutely.
In retrospect, if they’d been patient and poured money into it like Facebook did with their own photo-sharing features, Flickr might have been a lot bigger. (Facebook is by far the world’s biggest photo-sharing site, and tagged photos was key to its early growth, something Flickr didn’t add until 2007)
But that’s in retrospect. In 2005, it wasn’t at all clear what to do. Everyone in the industry was still feeling the burn of gigantic, unprofitable acquisitions prior to the great crash of 2001, so paying money for an barely-profitable site like Flickr still seemed like madness, even within Yahoo. So Yahoo focussed on making it profitable — and succeeded, which is no mean feat.
Could Flickr have done better staying independent? Absolutely no way.
And the way you can tell that for sure is that they let Yahoo acquire them. It’s not like Yahoo in 2005 had a great reputation; the only reason you’d do it is if you were out of money and out of options. In 2005, nobody was going to give Flickr the hundreds of millions of dollars in fresh capital they needed and hope for the best: it was exit or die.
On top of the bare financial reality, it is an open secret at Yahoo (my former employer) that Flickr’s internals are and have always been an architectural nightmare. They had no idea how to scale and needed huge investment just to dig themselves out of the technical debt they’d accrued. It could have been better, sure, but without Yahoo it would have been much, much worse.
Yahoo didn’t kill Flickr; Yahoo saved Flickr from itself.
Here’s a lesser-heard take on the Yahoo/Tumblr thing from Laurie Voss, who is a former Yahoo employee and has some good insight on the matter as a result.
I thought there was a bombing. I smelled smoke and looked outside the window and saw a whole bunch of dust, and I grabbed my son.Metro North train rider Natalie Sepulveda • Describing the situation she (along with her two-year-old son) experienced immediately in the wake of today’s crash, which has injured 60 people, including five critically. The crash snarled transit around the busy Northeast Corridor, forcing both Metro North and Amtrak to shut down operations north of New York City. Two trains collided near Bridgeport, Ct. during rush hour.
I for one welcome our new Yahoo overlords.
The most concrete confirmation of what’s about to happen yet: “Sources said that the Silicon Valley Internet giant’s CEO Marissa Mayer has decided that buying Tumblr was going to be ‘the stake in the ground of what her strategy is going forward for Yahoo.’”
Two Metro North commuter trains crash, reports of injuries: At least 20-25 people have been injured after two Metro North trains crashed outside of Bridgeport, Ct., the Associated Press reports via its Twitter account. (No fatalities have been reported, however.) The heavily-trafficked train route, between New York City and New Haven, Ct., has been suspended for the time being. (photo via NBC Connecticut)
UPDATE: Reports now have 60 injured, including five critically.
In the same poll: Voters trust Hillary Clinton on Benghazi more than congressional Republicans by a 10 point margin; a net +18 percent of respondents would rather congress focus on immigration reform than Benghazi; and voters were split 45/45 on whether Benghazi is more or less of a scandal than Watergate (although that broke down mostly on partisan lines).
Congrats Tumblr!
Don’t screw this up Yahoo.
In 2007, I was...
I started tumblr when I was at one of the lowest points of...
Exclusive: How the Syrian Electronic Army hacked the...
soon
Yahumblr.
The non-partisan Congressional Budget Office has released a comparison of the budgets offered by President Obama, House Republicans, and Senate Democrats. They’re a lot similar than you’d expect given how much the two parties are at each others’ throats about things like Social Security and taxes, huh? Anyway, for those who enjoy charts and graphs, the CBO’s blog post on its budget projections will not disappoint. (h/t Ezra Klein) source
Exclusive: How the Syrian Electronic Army hacked the FT
Matt has an inside line to the SEA; he recently interviewed members of the group.
Good news everyone. Something is probably going to happen that you may not like. Whatever it is will get announced this coming Monday.
soon
YOLO!
If Microsoft tries to acquire them it’d be Mumblr.
If Facebook tries to acquire them it’d be Fumblr.
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