Verizon Officially Owns Yahoo, Clutter Raises $64 Million And Uber Shake-Up

On Episode 358 of The Waves of Tech, we are diving deep into all things tech!  We kick off the show with the news that Verizon now wholly owns Yahoo after spending $4.5 billion.  Oath, the new company, will now boast 50+ media partners, several former Yahoo companies, and a consumer base of over 1 billion.  Yahoo will now become a part of the tech history books.  In tech, we usually speak of cloud and flash storage, but not today.  Clutter, a tech-based storage company, raised $64 million in venture capital funds and is looking to expand beyond their primary focus of 10 cities.  We’ve all read stories of the inner workings and Uber and they have been confirmed with whistle blower stories and internal auditing expenses.  Uber is experiencing a major shakeup as CEO Travis Kalanick takes a leave of absence and the Board works on restructuring the company and fixing its image.  And finally, we touch on how electronics and technology in live music is changing to way we see our past.  Thanks for tuning in!  The Waves of Tech is powered by thewavesoftech.com – Modern Issues. Modern Discussions.  Enjoy the podcast and continue to ride…The Waves of Tech.

Verizon Now Officially Owns Yahoo

For the low low cost of $4.5 billion, Verizon officially owns Yahoo.  Many of the Yahoo services and media partners have been restructured under a new Verizon company – Oath.  This includes Tumblr, Flickr, TechCrunch, Engadget, Huffington Post, and various Yahoo services.

  • Verizon now has a consumer base of over 1 billion with the acquisition
  • This deal was all about advertising to compete with Google and Facebook
  • Consumers, look for increased digital advertising across Oath companies and medias
  • Yahoo will become a part of the tech history books, a once dominant force in tech
  • Marissa Mayer has resigned from the corporation after many tough years as CEO

Clutter Raises $64 Million

Do you have stuff – clothings, personal items, furniture, pictures, photo albums, sports gear – laying around the house and garage?  Do you hate running back and forth to a storage unit for items you need?  Well, Clutter (clutter.com) is the choice for you and your family.

  • Clutter is a tech-enabled storage company that packs, picks up, drops off, and delivers
  • The company just raised $64 million in venture capital funds to expand to new cities
  • Workers inventory and picture all items for you, all accessible via your online account
  • In a growing storage market, Clutter is claiming to be profitable with each transaction

Uber Shake-Up

The shakeup and drama within the executive offices of Uber continues to boil over.  CEO Travis Kalanick is taking a leave of absence and the Board is working on delegating his tasks and responsibilities to other in the management ranks.

  • Former US Attorney General Eric Holder conducted a exhaustive overview of Uber
  • Holder found misconduct, including sexual harassment and substance abuse
  • The Board is working on 11 recommendations from Holder and restructuring the firm
  • Kalanick continues to operate in rogue without understanding consequence

Electronics in Music

Music changes.  The technology around music changes.  Access to music changes.  One thing that doesn’t change is the nostalgia of watching one of your favorite bands live in concert.  The only change, how technology has improved the concert going experience.

  • Steve recently went to watch Boston – a classic rock band from the United States
  • New concert tactics such as visual additions and audio improvements were displayed
  • Take a trip down memory lane and live in the new age of technology simultaneously
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