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Yahoo Planning Big Investment In Snapchat, Says Report

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Yahoo is planning a big investment in Venice-based Snapchat , in a deal that values Snapchat at $10 billion, according to a report over the weekend. The WSJ reports that Yahoo is investing around $20M in Snapchat at the lofty valuation, using money it cashed out of the IPO of Alibaba. READ MORE>>.

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Idealab's GoPollGo Acquired By Yahoo

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Pasadena-based Idealab has sold another one of its companies to Yahoo today: GoPollGo , a Twitter polling service which let Twitter users collect feedback from their friends and followers. According to GoPollGo, it will be joining Yahoo! gopollgo idealab merger acquisition yahoo twitter feedback polling' READ MORE>>.

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Red Cell Targets Healthcare, Defense Technology With Investment, Incubation

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Red Cell Partners, a newly formed investment and incubation company targeting healthcare and defense technology, announced it has launched the firm out of Washington and Los Angeles. The company said it will look to invest in companies and technologies in the areas of health care and defense.

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It's Official: Ross Levinsohn Out At Yahoo

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Ross Levinsohn , who has been heading up Yahoo as Interim CEO, is officially leaving the firm tomorrow, according to a regulatory filing by Yahoo. The move is not at all surprising or unexpected, given Yahoo's hiring of former Googler Marissa Mayer as CEO earlier this month. READ MORE>>.

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Disney Interactive Snags SVP From Yahoo

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Walker joins the firm from Yahoo! Walker also previously served as Vice President of Business Development for Yahoo! Media, and served at investment firm Oceanix Ventures, among other positions in the entertainment industry. Burbank-based Disney Interactive Media Group announced yesterday that it has named Mark L.

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Ross Levinsohn Officially Starts At Yahoo

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Ross Levinsohn , the former head of Fox Interactive Media, has officially started at Yahoo heading up its Americas Region, according to the company. In a post to Yahoo's users and employees, Levinsohn said today was his "first official day" at Yahoo, calling the opportunity the "greatest opportunity of all in my career".

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Yahoo To Shut Geocities

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Internet portal Yahoo is quietly shutting Geocities , the Internet home page portal it acquired in 1999. Yahoo said it is no longer accepting new customers, and will discontinue the service later this year. billion stock-and-option acquisition by Yahoo in 1999. billion stock-and-option acquisition by Yahoo in 1999.

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