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Yahoo Discussing Sale of Internet Business (bloomberg.com) 129

Posted by Soulskill from the what-once-was-lost-is-now-still-kinda-lost dept.
An anonymous reader writes: According to a new report from the Wall Street Journal (paywalled), Yahoo!'s board of directors is considering the sale of their internet business in a series of meetings starting today. "Growing concerns around Chief Executive Marissa Mayer's lack of progress turning around Yahoo and an exodus of top executives have increased pressure on the company's board to consider her future and alternatives to her turnaround attempt, now in its fourth year. ... Much of the value of Yahoo's $31 billion market capitalization is tied up in two large Asian assets, Alibaba and Yahoo Japan. Its 15% stake in Alibaba is now worth about $32 billion, and its 35% stake in Yahoo Japan is now worth about $8.5 billion. Yahoo's cash and short-term investments totaled $5.9 billion at the end of the third quarter. That would mean investors are valuing Yahoo's core business at less than zero if the Asian assets were spun out tax-free."

Comment Comment from author of QW Home Automation (Score 1) 49

by weiqj (#44339925) Attached to: Home Automation Kit Includes Arduino, RasPi Dev Boards
I built the QW Home Automation system. http://qwhomeautomation.com/ The system is proprietary but completely free. Currently it supports Insteon devices only. My approach is to solve fundamental problems and build a solid infrastructure and make steady progresses. You can check out the status of my current release on my website. The documentation is pretty comprehensive. In this month, a new version will be released to only allow encrypted communication. The SSL session will be used primarily for commissioning, to exchange a per user based AES 256 key as shared secret. An AES-GCM based encryption will be used by android client for better efficiency. Because SSL is blocked by some regimes such as China, my AES based session can get around it. Lua jit support will be added in August. By then the system will have pretty advanced architecture. The a Zigbee coordinator will be added, that will feature up to over 6,5000 devices in network, each with unique random APS level link key for true end to end encryption. If you know what I'm talking about you should nobody has done it yet. As a technologist I am pissed by the fact that in this world nothing works. I don't give a shit about those web 2.0 my ass or cloud computing or countless buzz words while their systems still suffering blocking gethostbyname system API that occasionally freezes randomly because of it. I am building a system that every single thread of mine is deterministic and under control at any giving time.

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