"Very exciting for the Valley."
FORTUNE -- Venture capitalist Marc Andreessen believes that Marissa Mayer is a smart choice to run Yahoo Inc. (YHOO), according to comments made today during Fortune Brainstorm Tech in Aspen.
He said that while he is a big fan of Yahoo interim CEO Ross Levinsohn-- who many believed would get the fulltime job -- the selection of Mayer indicates that Yahoo wants to be a product-centic company, rather than a media/sales-focused company.
"I'm very happy for Marissa, and it's very exciting for the Valley," he added.
Andreessen last year worked with private equity firm Silver Lake to explore a takeover of Yahoo, and there even were (unfounded) suggestions that he might assume a senior operating role.>
The administration's CTO says the plan to improve health-care IT will take time -- it's not about 'industrial policy,' but about 'building infrastructure for the 21st century.'
by Laura Rich, contributor
The White House hasn't been dragging its feet on health-care IT, despite how it looks. There has been an intentional effort to lay out a strategy and take time to implement it, said Aneesh Chopra, chief technology officer at the White MOREJul 27, 2010 1:44 PM ET
How the Apple CEO may have changed the course of the hit ABC show with one comment back in 2005.
by Patricia Sellers, editor-at-large
Steve Jobs, as we know, has dramatically changed computers, movies, music, mobile phones, and more. Turns out, the Smartest CEO in Tech -- as Fortune calls the Apple (AAPL) boss in the current issue -- also influenced one of the past decade's most innovative TV shows: Lost.
"He may MOREJul 26, 2010 1:56 PM ET
By centering its strategy around the smartphone, and with Google as a partner, the company may just have a chance.
by Laura Rich, contributor
Not too long ago, it was Motorola-who? The Razr's leadership had fallen off, and Nokia was gobbling up mobile handset market share. The revenue losses were devastating -- down $2.35 billion from Q4 2007 to Q4 2008. Internally, the mobile division at Motorola (MOT) was a mess, racing MOREJul 26, 2010 11:11 AM ET
Short answer: it's a pain. That's good for Apple and Amazon, but not many others.
Consumers badly want to help buying stuff on the Web. It turns out it's not as easy as we'd think it'd be by 2010.
Gilt Groupe's Canadian customers, for example, run into so many roadblocks using their credit cards to flash-buy couture that Gilt plans to begin offering PayPal (EBAY), says CEO Susan Lyne.
Ning, the Valley startup MOREAdam Lashinsky, Sr. Editor at Large - Jul 24, 2010 1:10 PM ET
EPA chief Lisa Jackson says tech companies tend to be young, hip and green. Now they need to think about recycling on the front end.
By Shelley DuBois, reporter
Garbage is money, says Lisa Jackson, administrator of the Environmental Protection Agency. She claims that's especially true for tech products that are built with some of the more valuable elements.
"What happens to our our smartphones and our other products is they MOREJul 24, 2010 1:10 PM ET
The company's doing just fine, but it has had to pull back in some regions after regulation and competition made it tough to do business there.
by Laura Rich, contributor
After a few years in France, Liberty Global (LBTYA) pulled up stakes and left. In South America, it retreated from seven countries down to one. "We realized it was never going to go our way," said Liberty Global CEO Mike Fries.
On MOREJul 24, 2010 10:45 AM ET
As AOL eyes turnaround strategies, one business still seems to be in demand: selling its search traffic.
AOL's nearly $700 million-a-year search deal with Google (GOOG) will expire in December, and CEO Tim Armstrong is not limiting the next deal to the usual two suspects: Microsoft (MSFT) and Google. "Search is heating up from a multi-partner space—we are not talking to two companies," said Armstrong while speaking at Fortune's Brainstorm Tech MOREJessi Hempel, writer - Jul 23, 2010 7:27 PM ET
Enterprise, mobile, China, storage and social -- so many places to deploy cash.
Fortune's Michael Copleand opened his venture-capital panel at Fortune Brainstorm Tech Friday afternoon with a fun round-robin question: Name one sector that is overhyped or underhyped. Shockingly, the six-member panel found nothing whatsoever that is overhyped. Only the opposite. VCs, after all, are congenital optimists.
Jerry Murdock of Insight Ventures, and investor in Twitter, thinks social media is underhyped. MOREAdam Lashinsky, Sr. Editor at Large - Jul 23, 2010 6:53 PM ET
If it doesn't find a solution, the MLB could find itself with a consumer riot.
By Kevin Maney, contributor
From Major League Baseball's point of view, content providers are going to have to figure out how to charge one price for aggregated packages of content. Otherwise, consumers are going to rebel against "a la carte creep," said MLB.com CEO Bob Bowman in a lunch session at Fortune's Brainstorm Tech conference.
"It's not that MOREJul 23, 2010 5:49 PM ET
|Regulators pave way for Internet "fast lane" with net neutrality rules|
|What stumps Warren Buffett? Minimum wage|
|Analysts offer no apologies for missing Apple's Q2 2014 earnings beat|
|Facebook profit triples on mobile growth|
|Apple shares soar on increased buyback|