Kevin Kelleher

Kevin Kelleher is a writer living in the San Francisco Bay Area. He has worked at Bloomberg, Wired News and The Industry Standard magazine and has written for Wired magazine, Reuters, Fortune, GigaOm, Popular Science, Salon, Portfolio as well as many others.

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  • alibaba

    Yahoo’s dependence on Alibaba is starting to get silly

    While Yahoo was reporting its second quarter earnings today, its chief development officer Jaqueline Reses was at Fortune’s Brainstorm Tech conference saying that the company won’t spend any money from Alibaba’s coming IPO on a Google Ventures like investment arm. Which was ironic – and maybe even too bad. Yahoo’s protracted and still unproven turnaround is being supported in good measure by returns on earlier investments it made in companies like Alibaba. If past is prolog, Yahoo might consider…
  • Screen Shot 2014-07-12 at 7.34.18 PM

    Nadella’s new Microsoft: There will be blood

    Tip for CEOs of flailing tech companies: To buy yourself some time, tell the world you’re reorienting your strategy to embrace mobility and the cloud. For some reason, it works every time. So what are we to make of Microsoft CEO Satya Nadella’s wordy memo on reorienting the company to embrace mobility and the cloud? Microsoft, notoriously, misunderstood how we would use the Web when it was emerging in the 1990s, despite having the dominant browser for years. Its cluelessness in…
  • twitter-cash

    Twitter for sale? More likely it’s now a buyer.

    Of all executive transitions, the naming of a new chief financial officer may be the trickiest. Sure, the CEO typically has higher pay and greater visibility, but nothing sets investors on edge like the abrupt, surprise appointment of a new CFO. Companies normally take pains to signal such transitions months ahead of time to avoid the appearance that something is wrong with the financials. What to make, then, of the abrupt, surprise removal of Mike Gupta as Twitter’s CFO, along…
  • priceline shatner

    Five trends that explain why the Priceline-OpenTable deal makes sense

    The Negotiator must be hungry. Priceline is paying $2.6 billion for OpenTable, the app we fire up when we’re too lazy to call a restaurant to make reservations. True to the trend of recent Internet M&A, the valuation is pricey. OpenTable closed yesterday with a valuation of $1.7 billion. That means a company whose stock has flatlined this year is buying a company whose stock had, until then, been slumping this year. At a 53-percent premium to the value investors believed…
  • godaddy-pig

    GoDaddy: The pig in the IPO parade

    Psst. How would you like to get in on an IPO of a company that built its brand name on controversial ads, is synonymous with sleazy customer practices, has an aging business model, and hasn’t made a single dollar in profit in the past several years? But wait. There’s more. This hot company has an impossibly complex corporate structure. Much of the IPO’s proceeds won’t go to finance growth but to pay insiders tens of millions in loan payments, tax…
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    With Beats acquisition, Apple takes a bold step into its past

    Music seems to be where Apple turns whenever it wants to reinvent itself. In October 2001, the company unveiled the iPod, a few months after introducing the iTunes “digital jukebox.” Back then, the stock was stagnating below $20 a share, and critics were skeptical of the new products. As it turned out, even the optimists had little idea of what was ahead. The iPod became not only a bestselling mp3 player and cultural icon, it helped Apple design the best – and for…
  • tech-gdp-growth

    Is there still life in the tech IPO market?

    Is there life in the IPO market after the correction in Internet stocks this spring? If the past two weeks offer any indication, investors are willing to embrace some of the more promising candidates, albeit with a sense of caution. In other words, the IPO market is working as it should – for now, at least. So far in 2014, 115 companies have gone public on US markets, raising a total of $23.5 billion, according to Renaissance Capital. That compares…
  • drugs

    Searching for a follow-up act, Samsung turns to drugs

    Following a decade of Apple ruling the tech world, Samsung Electronics emerged as its biggest rival in the smartphone market that is still at the heart of Apple’s business. More than a rival, Samsung has been a constant thorn in Apple’s side in everything from a high-profile patent battle to its status as a supplier and competitor. A week ago, reports emerged that Apple was in talks to buy Beats Electronics for $3.2 billion, a move that was seen as a potential shift from…
  • Alibaba

    Why the Alibaba IPO may be much bigger than you think

    “Our mission is to make it easy to do business anywhere.” You can tell a lot about a company from the mission statement it puts high up in its IPO filing. On the one hand, it can be pure bullshit: Lawyers won’t nix it as long as it’s too vague to be actionable. On the other, it will hang around your corporate neck for much of your life as a public company. So it better be right. A good mission…
  • Forbes_Rebound copy

    For Zynga, a modest rebound would count as a win

    Reversals of fortunes are so common in the gaming industry that they sometimes feel like they’re part of a game. Win an early round only to find things have turned against you in the next round. That’s okay, because there’s always another round. There’s always a chance to become a winner again. It’s not just that gaming is as hit-driven a business as Hollywood movies. It’s not just that consumers are unpredictably fickle about the games they like, and scornful…

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