Confirmed: Yahoo Has Bought Stamped To Lead Major Mobile Push In NYC

Yahoo!

Yahoo

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.

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Shelly Palmer

Shelly Palmer is Managing Director, Digital Media Group at Landmark Ventures/ShellyPalmer a technology focused Investment Banking & Advisory practice specializing in M&A, Financings, Strategic Partnerships and Innovation Access. He is Fox 5 New York's On-air Tech Expert and well known for his work on Fox Television's Shelly Palmer Digital Living as well as his daily radio report on United Stations Radio Networks. For more information, visit shellypalmer.com.

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