URL-shortening startup Bread announces acquisition by YahooOctober 12, 2013 - 13:32 AMT PanARMENIAN.Net - Bread, a startup that launched back in 2011 offering URL-shortening with a side order of monetization, has announced an acquisition by Yahoo, SlashGear reports. Such a move comes at a time when the startup was reportedly low on funds and actively pursuing a buyout from a bigger company, and brings with it a 30-day deadline to transition away from the company’s shortened links. The announcement was made on the company’s website, where Bread’s CEO Alan Chan briefly detailed the business move and Yahoo’s acquisition, as well as what it means for the service’s users. As of today, both Bread Social and Bread Oven have been pulled, something that is part of the overall transition over to Yahoo. Those who used the company’s links won’t be so quickly jarred, however, with all links staying functional until November 11, giving users 30 days to migrate to a different service. After that deadline, any Bread links still out there will become non-functional, something that could prove troubling depending on how and where the links are implemented, SlashGear says. Said Chan: “When we launched Bread in 2011, our goal was to help social media influencers and publishers better monetize their online content. We built the first digital platform that delivered beautiful and engaging advertising across social media, desktop, and mobile devices. In Yahoo, we found a company that shares our vision. We are thrilled to join Yahoo’s advertising team in Sunnyvale where we will be working on developing next-generation solutions for social and mobile publishers and advertisers.” Related links: Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |