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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

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Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there

Today in Tech: Amazon prepping new tablets?

By
JP Mangalindan
JP Mangalindan
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By
JP Mangalindan
JP Mangalindan
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July 23, 2012, 12:40 PM ET

Amazon may be prepping fix or six new tablet models; one week into Marissa Mayer’s new Yahoo stint. 

Question for a C.E.O.: What is Yahoo? [THE NEW YORK TIMES]

I’m going to take a whack at it and say that Yahoo is a media company, mostly by accident (more on that in a bit). Yes, its headquarters in Silicon Valley are filled with technologists and have the familiar trappings of a digital enterprise — foosball, anyone? — but for most Americans, Yahoo is where they get news.

Amazon’s mobile ambitions grow [REUTERS]

Amazon is to introduce up to five or six tablet SKUs, or stock-keeping units, according Demos Parneros, president of U.S. Retail for Staples Inc., which sells the Fire.

One week of Mayer at Yahoo [ALLTHINGSD]

“Let’s be clear, she is our last hope,” said one board member to me, a sentiment that I also heard from another; and so, too, from a lot of execs and rank-and-file around the company. I am entirely not clear what comes after “last” — but I presume it ends with “sale.”

Disruptions: Looking beyond Silicon Valley’s bubble [THE NEW YORK TIMES]

The money here is obscene. The newly minted rich are obsessed with outperforming their rivals. One industry party I attended had a jungle theme. This included a real, 600-pound tiger in a cage and a monkey that would pose for Instagram photos. A prominent Googler’s Christmas party in Palo Alto had mounds of snow in the yard to round out the festive spirit. It was 70 degrees outside. Sean Parker, a founder of Airtime, threw alavish, $1 million party that included models he hired to roam the room and a performance by Snoop Dogg.

Former Yahoo Chief Scott Thompson hired as new CEO of ShopRunner [THE NEXT WEB]

Hired in January to replace its previous CEO Carol Bartz, Thompson had misstated his credentials in regulatory filings and other places, claiming he had a computer science degree from Stonehill College in Massachusetts on his résumé, while in fact he only had an accounting degree.

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