Yahoo has bought Stamped, the New York City based startup that lets people record and share their favorite restaurants, books, movies, and music, we’ve confirmed with a source at Stamped. The news has also been confirmed by Yahoo CEO Marissa Mayer, who posted an Instagram of herself with the Stamped founders. The deal is part of a major mobile push led by Yahoo CEO Marissa Mayer. All of Stamped’s nine employees are joining the company, and are tasked with building a “major mobile development center” based in New York City that will focus on bringing much-needed coherence to Yahoo’s mobile strategy. Read the full story at TechCrunch.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.