After much speculation, the company has formally announced that it will not be moving its headquarters out of the city, due in large part to the fact that it’s going to be the beneficiary of a choice tax break.

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The start-up, which makes location-based mobile apps and operates a network of local ads and deals, will join eBay’s PaylPal division but continue to operate separately.

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The new software is geared toward businesses and government agencies that are looking for easier and less resource-intensive ways to manage mapping functions.

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The good news for Yahoo is that it beat Wall Street’s expectations. It also highlighted in its earnings release that it created a very successful landing page for all varieties of information about Prince William’s wedding.

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Sales were way up at the e-commerce giant, but not enough to make up for significant spending. Analysts were expecting earnings of $0.61 per share; Amazon posted $0.44 per share.

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The first of multiple defendants in a suit from a firm founded by a “patent reform advocate,” Google has been asked by a jury to pay $5 million for the infringement.

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A new study hints that the perpetual multitasking enabled by always-on technology may be dangerous, but advocating self-imposed “digital detoxes” as a solution is like putting a Band-Aid on a broken wrist.

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A Dublin-based designer has started a blog devoted to features he’d like to see on Facebook, from drag-and-drop chat to automatic translators.

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Deal reportedly could be as much as $30 million for the mobile application that launched just 12 weeks ago.

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The site that was many peoples’ intro to online social networking is now telling them that it’s planning to focus exclusively on gaming–and they better export profile content before it’s deleted.

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Follow that blog!

(Credit: Google)

With blog platforms Movable Type and WordPress adding social-networking features to their software, it was only a matter of time before Google’s Blogger did the same.

A post on the official Blogger blog earlier this week announced that users would soon be able to …

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My Yahoo Mash profile, soon to get euthanized.

(Credit: Yahoo)

File this one under the “ouch” category. Yahoo is shutting down its social-networking experiment, Yahoo Mash, after only a year in business.

An e-mail to Mash members from Yahoo community manager Matt Warburton read, “Thank you for trying out our …

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If an anonymous source is correct, the confirmed screenplay-in-the-works about Facebook’s origins by West Wing creator Aaron Sorkin is tied to a forthcoming book about the social network by Bringing Down The House author Ben Mezrich.

Independent Harvard alumni publication 02138 reported on Friday that the film rights to …

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Let’s hope Yahoo has finally learned that the maxim “If you build it, they will come” simply does not apply to a social network.

The Silicon Valley mainstay and onetime Microsoft shopping-spree target is quietly shutting down Yahoo Mash, its latest foray into creating a general-interest social network like …

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BuzzCity, a mobile networking and advertising start-up based in Singapore, announced Thursday a $10 million investment by South African media company Naspers.

BuzzCity has developed a mobile social-networking product called MyGamma, but it’s not hoping to take on Facebook. MyGamma is geared toward “unwired” customers–those who have a mobile …

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