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Yahoo buys Snip.it, a Pinterest clone for content curators

Update, 3:20 p.m. PT: Snip.it confirmed that it was acquired by Yahoo. Terms of the deal were not disclosed.

Yahoo has acquired Snip.it, a Pinterest-like service for saving articles to collections and sharing them with groups.

Yahoo is paying "mid teens" of millions of dollars for the content discovery site and will announce the deal this week, according to AllThingsD, which cited sources familiar with the deal.

Snip.it was founded by Ramy Adeeb, a former principal at Khosla Ventures, to help people better collect and share content -- articles, images, and videos -- … Read more

Nokia to slash over 1,100 IT jobs

Nokia today announced that it was cutting over 1,100 IT jobs from its workforce.

The company says that it will lay off 300 employees currently working in an IT function. Nokia will also transfer up to 820 employees to IT services firms, HCL Technologies and Tata Consultancy Services.

Nokia announced in June that it would make broad cuts -- about 10,000 layoffs -- across its business to save money and make its operation more agile. According to the company, the IT cuts will be the last part of that plan.

Nokia will offer employees affected by the layoffs &… Read more

Gartner: Global IT spending to hit $3.7 trillion in '13

IT spending around the world is likely to hit $3.7 trillion for the coming year, according to a report out today from Gartner.

The latest projection calls for an increase in spending of 4.2 percent in 2013, an improvement over Gartner's 3.8 percent estimate from last year's third quarter.

But the rise will mostly derive from growth in the value of foreign currencies versus the dollar, the research firm said. With that piece out of the picture, the actual gain would be around 3.9 percent.

"Uncertainties surrounding prospects for an upturn in global … Read more

YouSendIt CEO: Beware the Silicon Valley bubble

PARIS -- Silicon Valley is famed for its role in nurturing startups, but companies there often suffer problems from not looking beyond the insular region to the rest of the world.

So warned Brad Garlinghouse, chief executive of YouSendIt -- one of those companies in Silicon Valley "echo chamber" -- speaking here at the LeWeb conference.

"The hype factor that has impacted Silicon Valley is an unhealthy thing," Garlinghouse said. "Companies focus more on the hype than building a great experience."

Garlinghouse is a high-profile voice in the echo chamber. Perhaps his greatest claim … Read more

Cisco nabs cloud-networking start-up Meraki for $1.2 billion

The three colleagues who created the cloud-networking and Wi-Fi startup Meraki at MIT's Laboratory for Computer Science six years ago were not expecting to be acquired by Cisco Systems. But the tech giant announced today its intent to buy the startup saying it plans to throw down $1.2 billion in cash, along with retention-based incentives.

"The acquisition of Meraki enables Cisco to make simple, secure, cloud managed networks available to our global customer base of mid-sized businesses and enterprises," Cisco's Enterprise Networking Group senior vice president Rob Soderbery said in a statement. "Meraki's … Read more

ItsOn gets its funding on, targets mobile data 'bill shock'

A mobile company that wants to change how you access data just raised a boatload of cash.

ItsOn announced today that it has closed a $15.5 million Series B round of financing. Venture capital firm Andreessen Horowitz led the round. The firm was joined by investment company SV Angel.

ItsOn takes a unique stance on data usage by allowing customers to choose how much data they need and for what purpose. The company's Web site is shy about details on its service, but in a statement, ItsOn founder and CEO Greg Raleigh says that his firm's focus … Read more

Rumor Has It: Google's secret plan -- a $99 tablet?

Next week, Google is expected to unveil an update to the Nexus 7, an LG Nexus phone, a high-end new tablet, and Android Jelly Bean, but there's a rumor going around that Google has another trick up its sleeve.

What if we told you it was going to make a decidedly "low-end" Nexus tablet for $100 less than the Nexus 7 -- meaning $230 cheaper than the iPad Mini? You'd get your credit card out, right? Or scrounge around for enough change in your couch cushions?

Well, watch the show to see why you might want … Read more

Collages of photos made easy

With the popularity of scrapbooking and creating collages of images on social networking sites, CollageIt for Mac is a handy utility that helps you create collages on the Mac. Instead of uploading a bunch of separate images, you can create a larger image with multiple smaller images laid out in a specific order. CollageIt for Mac installs quickly.

The CollageIt for Mac interface is simple, presenting you with four basic collage layouts (mosaic, grid, center, and pile, each with multiple possible templates) in the left pane, and a display of created (and editable) collages on the right. To create a … Read more

The 404 1,150: Where burritos > bagels (podcast)

Leaked from today's 404 episode:

- It's It: The story of the Bay Area's most famous dessert, or, the other San Francisco treat.

- This is why we behave so strangely in elevators.

- Snopes debunks "Elevator Express" trick.

Bathroom break video: Empty America series profiles San Francisco.

Episode 1,150 Subscribe in iTunes (audio) | Subscribe in iTunes (video) | Subscribe in RSS Audio | Subscribe in RSS Video  

Save it with Sticky Notes

Post-it Notes, those little yellow pads of sticky-backed paper, changed the world, or at least the way people who live in it leave reminders to themselves and others. When the layers of notes (now multicolor) start to resemble cedar shingles, it's time to clean your computer monitor. That brings up an important point: as big an improvement as sticky notes have been over the old paper napkin method, software versions like Sticky Notes may be better still. For one thing, Sticky Notes lets you organize, search, store, and back up your notes; set reminders, priorities, and alarms; and customize … Read more