Facebook Close To Naming Sun Microsystems Campus As New Headquarters

/06/15/behold-the-new-facebook-headquaters/">moved into its 150,000 square foot office space at 1601 South California Ave in Palo Alto, but the rapidly growing company is already itching for a new home. Now we’re hearing from multiple sources that Facebook has chosen the site for its new headquarters: the former Sun Microsystems/Oracle campus in Menlo Park CA, just off the Bayfront Expressway at 1601 Willow Road (map). The campus is around six miles from Facebook’s current home, and is bordered by Menlo Park and East Palo Alto.

The move doesn’t come as a surprise. Facebook had practically outgrown its current offices on S. California Ave before it even moved in, and it’s already subleased additional space at 1050 Page Mill Road, just down the street from its current location (employees can take shuttles between the two buildings, but it’s not very convenient). With over 2,000 employees and no signs of slowing, the company needs a lot more leg room.

Facebook says it isn’t a done deal quite yet (actually, they wouldn’t even confirm the location they’re looking at):

“We are exploring options for a long-term location to fit our growing business needs. We are in the due diligence phase on one potential site, but it would be premature to offer any specifics. We hope to have more to share in the near future once things have been finalized.”

Prior to moving to its current home on S. California Ave, Facebook occupied a handful of buildings that littered downtown Palo Alto near University Avenue.  Based on Facebook’s comment it sounds like this new space could become their home for the foreseeable future. Back in 2003 Google had similar rapid growing pains and began subleasing SGI’s office space in Mountain View — it later purchased this land and expanded after its IPO.

Image via Dianiel Rosenthal’s Sun blog

View the original article here

Yahoo to close more services after 600 layoffs

SAN FRANCISCO (AP) -- Yahoo is preparing to close more of its online services now that it has shed about 600 employees.

The endangered list includes the content-sharing site Delicious, according to an internal Yahoo slide leaked on the Internet Thursday.

After the slide appeared, Yahoo Inc. confirmed it will phase out several services in the upcoming months without specifically mentioning Delicious.

The company has been getting rid of unpopular or unprofitable services during the past two years to focus on other areas more likely to attract traffic and sell advertising. As part of the reshuffling, Yahoo trimmed its work force by about 4 percent earlier this week.

Yahoo bought Delicious for an undisclosed sum five years ago when the Internet company was trying to build a social hub.

View the original article here