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January 29, 2014 | | Advertisement
 Good morning! Here's the latest news in tech: - Yahoo reported its fourth quarter 2013 earnings yesterday and its stock promptly tanked in after-hours trading. Its revenue slipped 2% last quarter and its core business, display ads, declined 6%. The display advertising business is down 9% to $1.9 billion for the full year.
- Naoki Hiroshima used to own the twitter handle, @N, which he was once offered $50,000 for. He says a PayPal and GoDaddy security breach forced him to give up the handle to an aggressive hacker.
- Ev Williams' blogging platform Medium raised $25 million from Greylock Partners, Google Ventures, Ron Conway and many other angel investors.
- It looks like Apple is getting serious about promoting Apple TV to the masses. The product now appears on Apple's site next to mass products like Macs and iPads. Before it was buried in the accessories section of the site.
- Yahoo acquired app development startup Tomfoolery in an estimated ~ $16 million deal, TechCrunch reports. The business will be shut down and the executives will be working alongside Yahoo SVP Jeff Bonforte.
- Tom Perkins, the investor who likened critics of the rich to Nazis, boasted about his expensive watch on Bloomberg TV: "I could buy a six-pack of Rolexes for this," he said. That watch is made by Richard Mille, whose designs range from tens of thousands of dollars to $2.4 million. His is worth about $380.000.
- Meet Charlie Shrem, the 24-year-old BitInstant founder who was arrested for money laundering. In less than three years, he went from being a college senior to one of the best-known "Bitcoin millionaires."
- Federated Media sold off its founding business yesterday — selling ads directly for publishers — to become a full-fledged programmatic buying company.
- How news app Circa feels about one of its investors launching a competitive app.
- A dad with terminal cancer is writing his daughter 826 notes to stick in her school lunches to last her through her senior year of high school.
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