Yahoo acquires video chat startup OnTheAir

Advertisement
By Associated Press | Updated: 5 December 2012 10:49 IST
Yahoo has bought another Silicon Valley mobile startup as CEO Marissa Mayer tries to create more compelling products for smartphones and tablet computers.

Tuesday's acquisition of OnTheAir follows Yahoo's recent purchase of a mobile startup called Stamped. In both cases, Yahoo was drawn more by the engineering talent working at the startups than the services that they have been offering.

Yahoo Inc., which is based in Sunnyvale, Calif., didn't disclose how much it paid for OnTheAir, which is based in San Francisco.

Advertisement

The service enables users to hold online video chats in a talk-show format. Yahoo didn't say whether it intends to continue OnTheAir's service.

Yahoo is in the process of closing Stamped's service just six weeks after announcing that acquisition so the engineers picked up in that deal can focus on other projects. Five of the 11 Stamped employees used to work for Google Inc., where Mayer was a top executive before Yahoo lured her away to become its CEO in mid-July.

Advertisement

One of OnTheAir's employees, Daniel Hopkins, also used to work at Google. The resumes of the four other OnTheAir workers being scooped up by Yahoo list stints at Apple Inc. and instant messaging service Meebo.

"Hiring the most talented mobile product thinkers and engineers is a big priority for us moving forward," Adam Cahan, Yahoo's senior vice president of emerging products and technology, said in a statement.

Advertisement

Mayer has said she believes half of Yahoo's engineering talent must eventually consist of mobile computing specialists.

Yahoo's stock gained 38 cents, or 2 percent, to close Tuesday at $18.93.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. iOS 27 Release Date and How to Update: Supported iPhones
  2. Apple's Biggest Siri Upgrade Yet Is Skipping the EU at Launch
  3. Oppo Reno 16 Indian Variant Surfaces on Benchmarking Site Ahead of Debut
  4. OnePlus 15 Reportedly Gains AirDrop Support Through Quick Share
  1. James Webb Space Telescope Weighs Most Distant Dormant Black Hole Ever Detected
  2. Stellar Blade: Blood Rain Protagonist Will Have More of a Personality, Says Shift Up
  3. Samsung Galaxy Tab Active 6 Reportedly Set to Launch in 2027 With 5G Connectivity
  4. iOS 27 Finally Adds Separate Volume Controls for Ringtones and Alarms, Just Like Android Phones
  5. UK Regulator Proposes Allowing Retail Funds to Hold Up to 10 Percent in Crypto ETNs
  6. Samsung Galaxy Z Fold 8 Ultra Reportedly Listed on BIS Database, Tipster Leaks Key Specifications
  7. Redmi Note 17 Visits EEC Certification Database Along With a New Vivo Handset, Hinting at Imminent Global Launch
  8. OnePlus 15 Gains AirDrop Support via Quick Share as Google Expands Availability Beyond Pixel, Samsung Phones
  9. Apple Will Soon Allow Android, Windows Users to Share Photos to iCloud Shared Albums
  10. WhatsApp Claims NSO Group-Linked Entity Unsuccessfully Carried Out Fresh Phishing Attacks Against Users
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.