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LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.


Wall Street Journal Original article ›
New York Times Original article ›
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Wall Street Journal Original article ›
LyrArc Article Gist
Albergotti and Macmillan tell the story of Jan Koum of WhatsApp who immigrated from Ukraine as a teenager in 1992, and settled wih his mother in Silicon Valley. His interest in messaging apps stemmed from his interest in staying in touch with extended family in Ukraine, Russia and Israel, after losing his mother to cancer and his dad passing away in Ukraine before making it to the U.S. He met Brian Acton at San Jose State University, where he studied programming, and the two founded WhatsApp in 2009. In the early years after 1992, before joining Yahoo following graduation, Koum lived on food stamps.
Economist Original article ›
LyrArc Article Gist
The old online websites AOL and Yahoo are going through a transformation. Yahoo finalized an agreement to merge its web-search with Microsoft and much of their advertising busiesses. This leaves Yahoo with its popular finance, sports and news websites which are cheap to run as they are mostly aggregators of other websites' content with little that is Yahoo's own content. Yahoo's plan is to expand its audience , especially in develpoing countries where internet use is growing fast, and to package that audience in ways attractive to advertisers. In October 2009, according to comScore market research firm Yahoo had 158 millon visitors in America, and AOL had 98 millon. Yahoo! Mail has 106 million users monthly worldwide, AOL's email service has 336 million. The difference strategy pursued by Armstrong who is new CEO at AOL is to focus on creating new content. AOL is running about 80 websites covering everything from fashion (stylelist.com) and country music (theboot.com) to local news (patch.com). And has launched a website called seed.com to get people to contribute content. In this way it has about 3500 journalists on its payroll, some 500 of them work full-time. Armstrong thinks advertisers will pay a premium to appear next to this original niche site and home-made content. So far advertising has held up in this severe downturn, with online display advertising -the banners and boxes that show up on websites- at about $3.8 billion in the first half of 2009 in America, according to Interactive Advertising Bureau....
Wall Street Journal Original article ›
LyrArc Article Gist
Best performing stocks in 2014 include American Airlines, Micron Technology, Facebook, Tesla Motors, Yahoo.
WSJ Original article ›
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Initially Microsoft will be making a large outlay for TikTok which will affect its margins as TikTok has still to be profitable. The longer the deal is put off the less value for TikTok closer to the September 15 date when the U.S.bans it completely. Tiktok is losing money on about $1 billion in revenues, so is SnapChat with double the revenue base. So that Microsoft under Nadella which is careful to in making investments of this kind needs to consider the impact on Microsoft's profitable business. Only Linked In has been a profitable acquisition for Microsoft, others Nokia, Skype and the possible acquisition of Yahoo have failed badly.

New York Times Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
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With the latest fine of 1.7 billion euros, the third imposed by the European Commission since 2017 for antitrust violations, total fines exceed 8.4 billion euros. The latest fine is for unfairly excluding competitors in contractual provisions for third party use of Google's search bar.

Google says it is making the changes to give visibility to rivals such as Microsoft and Yahoo. It is appealing the rulings. Meanwhile the European Competition Commissioner Margarethe Vestager who has taken action for violation of antitrust rules, is now completing her 5 year term, is open to continuing for another term. She is also a candidate for President of the European Commission, after European parliamentary elections in May 2019.

Wall Street Journal Original article ›
LyrArc Article Gist
A deal with Yahoo Japan will give Google a 90% share of the search market in Japan. Yahoo Japan Corp.'s internet portal will use Google's search-engine and search-advertising platforms as part of the deal. Yahoo Japan's home page acounts for 50% of the searches done in Japan.
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
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New York Times Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›

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