Wednesday, July 3, 2013

TechFlash: Mattrick gets $5M cash to head Zynga; total compensation at least $50M

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Mattrick gets $5M cash to head Zynga; total compensation at least $50M

Would a $5 million cash signing bonus convince you to take on the top job at struggling public company Zynga? How about a compensation package worth at least $50 million?

Crest Financial 'satisfied' with Sprint-Clearwire deal

Crest Financial, which owns 8 percent of Clearwire Corp. stock and that bitterly opposed Sprint Nextel Corp.'s initial offer to buy the Bellevue company, said it's "satfisfied" with Sprint's latest offer.

Prosecutors in 2 states grill Google over videos on YouTube

Top prosecutors in Nebraska and Oklahoma say they want to know how much money Google is making from ads running next to video tutorials on YouTube showing people how to buy drugs without a prescription and how to forge identification cards.

Mattrick leaves Microsoft Xbox: Who will take his place?

With Don Mattrick leaving Microsoft Corp.'s Xbox division to become CEO of Zynga, who is going to take his place?

Marissa Mayer grabs another startup; Yahoo buys Qwiki for $50M

Yahoo is at it again, acquiring video storytelling app Qwiki for about $50 million, AllThingsD reports.

Yahoo buys Xobni, an email and contacts manager app

Yahoo squeezed in another acquisition just before the holiday, this time picking up the email and contacts software firm Xobni (that's inbox spelled backward), according to a blog post.

National Tech News

PC exports drag down California trade

Minuteman rocket engine tested at White Sands facility

Yahoo buys Xobni, an email and contacts manager app

Video game industry has competition for top talent

Yahoo buys Xobni, an email and contacts manager app

Zynga to pay Mattrick $50 million plus

State Department spent $630k for Facebook likes

Vine update most significant yet; brings 'Revining', channels, protected posts

Doug Engelbart, the man behind the computer mouse, dies at 88

Net Medical closes on Alabama telemedicine acquisition

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