Watch: PCB gets a visual shout out on GMA’s Yahoo/Tumblr report
At the 41 second mark!
Congrats to PCB, and that interview had painfully obvious talking points. Stephanopoulos called Karp a hipster, leading to awkwardness all around.
Apple Operations International is registered in Cork, Ireland, but has “no physical presence at that or any other address,” according to the report. Indeed, the corporate entity has existed for 30 years and apparently never had a single employee. Of the three people on its board, all Apple employees, two live in California; 32 of its last 33 board meetings took place in Cupertino, and the Irish director participated in seven of them. Its assets are managed by a Nevada company, and held in bank accounts in New York.
How to make $30 billion and pay no corporate income tax, the Apple way (via wonklife)
The rotten financial Cork … er, core of Apple?
The confirmed death toll from the Oklahoma medical examiner was lowered from an earlier figure of 51, illustrating the confusion as day broke over the shattered city of Moore. It was not clear how many children were included in the revised death toll, and authorities cautioned the toll could change again.An NBC News story on the death toll from the Oklahoma tornadoes, which was revised down to 24, something the Associated Press reports was caused by counting victims twice during the early chaos of the storm.
…already Sen. Tom Coburn, R-Okla., says he will insist that any federal disaster aid be paid for with cuts elsewhere.
Roll Call (via brooklynmutt)
Not the time.
40 minutes, 20 miles, at least 37 dead: the New York Times maps out the path of the tornado that leveled Moore, Oklahoma
Note the varying count from the prior post.
At Plaza Towers Elementary School, the tornado tore the roof off, and authorities kept hysterical parents back because it was too loud to hear screams for help. A teacher told NBC affiliate KFOR that she draped herself on top of six children in a bathroom to shelter them.
It was not clear how many children were trapped. Students in fourth, fifth and sixth grade were evacuated to a church, but students in lower grades had sheltered in place, KFOR reported. More than two hours after the tornado struck, several children were pulled out alive.
Moore, Oklahoma is a target for tornadoes. As Buzzfeed notes, it’s the fourth to hit the city since 1999. The tornado in 1999, which caused $1.1 billion in damage, was the third-costliest in U.S. history; 36 people died in that tornado.
“Time lapse of the Oklahoma tornado. This is stunning and terrifying.” - @colinjones
via wmctv
Buying Tumblr is a big enough deal for Yahoo that they clearly aren’t intending to ruin it or shut it down — like YouTube and Google, Tumblr will probably become an extremely important part of Yahoo indefinitely. And I believe they’ll do a good job with it. Yahoo today is a very different company than the Yahoo that neglected Flickr for years — it has extremely competent new leadership making bold changes. (Including fixing Flickr.)
More importantly, it gives David, and the rest of Tumblr’s team, the freedom to continue making the best product they can while offloading a lot of the grunt work to Yahoo’s leadership, staff, and infrastructure.
As for me, while I wasn’t a “founder” financially, David was generous with my employee stock options back in the day. I won’t make yacht-and-helicopter money from the acquisition, and I won’t be switching to dedicated day and night iPhones. But as long as I manage investments properly and don’t spend recklessly, Tumblr has given my family a strong safety net and given me the freedom to work on whatever I want. And that’s exactly what I plan to do.
Side note: If you haven’t seen it yet, the new Flickr redesign is ace.
Yumblr? What Some Of Tumblr’s Best Bloggers Think About Yahoo’s $1.1 Billion Purchase
I’m quoted in this. — Ernie @ SFB
“The 24 Most Melodramatic Pieces Of Yahoo/Tumblr Fanart” should be enough to make you question if you’re really that angry about this buyout, when you see how many people are far angrier than you.
In case you’re looking to figure out which delivery service to order your next pizza from, GrubHub (Chicago-style) and Seamless (New York-style) have made it easy for you: The two online-delivery companies have merged into one. Celebrate by ordering out. (photo by jetalone/Flickr)