Yahoo buys Jybe, brings back ex-VP of search Arnab Bhattacharjee

Advertisement
By Associated Press | Updated: 21 March 2013 10:43 IST
Yahoo has bought Silicon Valley startup Jybe so it can bring back five of its former engineers to help the Internet company build better mobile applications.

The deal announced Wednesday marks Yahoo's fourth acquisition of a small startup during the past five months. In each instance, Yahoo been more interested in obtaining the startups' brainpower than the services that they provided.

As with its other recent acquisitions, Yahoo Inc. didn't disclose the purchase price.

Jybe's mobile service that gathered people's recommendations about food and entertainment is closing down so its five employees can focus on other projects at Yahoo Inc. All five Jybe workers were formerly employed at Yahoo before the company hired former Google Inc. executive Marissa Mayer as its CEO eight months ago.

Advertisement

The recent acquisitions are part of Mayer's effort to bring in more expertise in designing mobile applications to give Yahoo a better chance of connecting with the steadily growing audience that are relying on smartphones and tablet computers to reach online services instead of personal computers.

Advertisement

The group of Jybe employees returning to Yahoo includes Arnab Bhattacharjee, who was a vice president of search at the company before leaving nearly two years ago while Carol Bartz was CEO. Bartz had negotiated a deal that turned the responsibility for providing most of Yahoo's search results to Microsoft Corp. That move triggered a wave of defections on Yahoo's own internal search team.

After focusing on nothing but small acquisitions under Mayer's command, Yahoo may be working on something bigger. Earlier this week, The Wall Street Journal reported that Yahoo is in preliminary discussion to buy a controlling stake in online video site Dailymotion from France Telecom SA. The report cited anonymous people familiar with the talks.

Advertisement

Yahoo declined to comment on The Journal's report.

The Journal indicated Yahoo is considering buying a 75 percent stake in Dailymotion for about $225 million.

Advertisement

Yahoo's stock dipped 6 cents to $22.11 in early afternoon trading.

 

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Further reading: Internet, Marissa Mayer, Yahoo
Advertisement

Related Stories

Popular Mobile Brands
  1. Samsung Galaxy S24 Ultra Deal Revealed Ahead of Amazon GIF Sale
  2. Xiaomi Announces Offers on These Products Ahead of Amazon, Flipkart Sales
  3. iQOO 15 Design Leak Reveals Colour-Changing Panel: See Benchmark Scores
  4. Amazon Sale 2025: Check Top Deals on These iQOO Smartphones
  5. Borderlands 4 Faces Performance Issues on PS5 Pro, Gearbox Confirms Patch
  6. Nothing Ear 3 With 'Super Mic' Feature, Up to 45dB ANC Launched: See Price
  7. Best Flagship Headphones Deals During the Amazon Great Indian Festival Sale
  8. Ray-Ban Meta Gen 2 Glasses Are Here With a Massive Camera Upgrade
  9. These Companies Fired Over 10K Employees Between July and September 2025
  1. Microsoft's Xbox Full-Screen Experience Leaks on Other Windows Handhelds Ahead of ROG Xbox Ally Debut
  2. Cellecor Comet CBS-05 Pro Bluetooth Speaker Launched in India: Price, Features
  3. Samsung Galaxy S24 Ultra, Galaxy S24 FE, Galaxy A55 5G and More to Go on Sale With Discounts During Festive Season
  4. Coinbase Urges US DOJ Action as SEC Mulls Dropping Lawsuit Against Crypto Exchange
  5. Vivo V60 Lite 4G Design, Specifications Leaked; Tipped to Launch With Snapdragon 685 SoC, 6,500mAh Battery
  6. Nothing Ear 3 Launched With Super Mic Feature, Up to 45dB Active Noise Cancellation: Price, Features
  7. Nvidia Bets Big on Intel With $5 Billion Stake and Chip Partnership
  8. Samsung Project Moohan XR Headset Launch Reportedly Postponed to October
  9. Samsung Galaxy S25 Series' Android-16-Based One UI 8 Update Rollout Expands to India
  10. Xiaomi Announces Festive Offers on Redmi Note 14 Series, Xiaomi Pad 7, QLED TVs and More
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.