Proceeds of images, videos and the website itself will be used in fabricating customized bike racks. We initially plan to make 100 of these, so we can donate it to places where every biker needs it.

Saturday, September 24, 2011

For Sale: Yahoo!



Rumors have been spinning around tech circles that Yahoo is looking for a new owner. Despite having denied that the company was for sale in the immediate, expletive-laced aftermath of Carol Bartz's departure as CEO, Yahoo co-founder Jerry Yang admitted that the board is talking to potential buyers in a company-wide memo. Yang writes:


"Our advisers are working with us to develop ideas that we will pursue proactively. At the same time, they are fielding inquiries from multiple parties that have already expressed interest in a number of potential options. We will take the time we need to select and structure the best approach for the company, its shareholders and employees."


While the phrase "expressed interest in potential options" is not the same as "expressed interest in buying," one would expect Yang to address the rumors more directly, if indeed they're pure nonsense. 

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