DOCSLIB.ORG

Yahoo's 2014 Annual Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Yahoo's 2014 Annual Report 2014 Annual Report Dear Yahoo Shareholder Yahoo is driving toward a dramatic business transformation. Yahoo’s Board of Directors and executive team are 575 million users, one of the largest mobile committed to delivering shareholder value through audiences globally. In terms of mobile monetization, sustained growth. In 2012, our leadership team we reported $768 million in mobile GAAP revenue began a multiyear transformation to return an iconic in 2014. company to greatness, shifting from a declining desktop strategy to a mobile-first strategy that has • Video: Through partnerships with Good Morning already yielded significant results. Our strategy to America and Live Nation, as well as Yahoo original reinvent our business has made Yahoo one of the top shows, we continue to offer top-tier video content three players in mobile, and we’re just getting started. that deeply engages our users. Additionally, we are reinventing our large legacy display business In 2014, our global user base across search, to better connect marketers with users. Our Q4 communications, and digital content grew to more acquisition of BrightRoll instantly lets us serve more than 1 billion monthly active users—more than video ads and reach more users than any other 575 million of whom visited us on a mobile device. platform. BrightRoll revenue exceeded $100 million As an advertising-driven business, we’ve continued in 2014, with solid growth expected this year. to build and modernize our ad offerings with Yahoo Gemini, Yahoo Ad Manager Plus, BrightRoll and Flurry. • Native: Yahoo Gemini’s native ads have become These strategic investments, a mixture of organic essential to Yahoo’s transformation in digital growth and acquisitions, have created a strong advertising. We saw nearly $300 million of GAAP foundation for growth. They not only bring us to revenue in 2014 on Yahoo Gemini native ads, with parity with the competition, but propel us to industry- solid growth of more than 32% quarter-over-quarter leading positions in areas including mobile analytics in Q4. and video advertising. • Social: Tumblr continues to grow faster than almost An Update on Our Progress any other social network, with an audience of more than 460 million people each month. And mobile app Yahoo is driving toward a dramatic business usage continues to drive growth, with mobile app transformation. Online advertising technology moves users up 32% year-over-year. As a result, 75 of the incredibly quickly. Our strategy has focused on mobile, Ad Age top 100 already have a presence on Tumblr. video, native and social (aka Mavens), the fastest- growing areas of digital advertising. Before 2012, Our search business has shown strong growth. Mavens offerings did not contribute meaningfully We signed a five-year strategic partnership with to Yahoo. In 2014, however, our Mavens offerings Mozilla in November 2014 that made Yahoo the generated more than $1.1 billion of GAAP revenue. In default search provider for Firefox in the U.S. In Q4 just two years, we created more than a billion dollars 2014, we saw an 18% search-click-driven revenue of new annual revenue, with robust further growth growth, 10% year-over-year increase in paid clicks, expected in 2015. We are keenly focused on revenue and a 7% year-over-year price-per-click growth. growth, both new and mature. Our approach has been Overall in 2014, we delivered $3.382 billion of gross to stabilize our legacy businesses while offsetting their search revenue, which maps to $1.793 billion in GAAP natural maturation and declines with growth from revenue and $1.784 billion in ex-TAC revenue. these areas of new investment. YHOO shares have outperformed peers and the • Mobile: In 2014, mobile monthly active users S&P 500. Yahoo’s shareholder return since July 2012 continued to show strong growth and reached has been 182%, exceeding the shareholder returns of many of our Internet peers. During this time, Yahoo’s We believe Yahoo is on the path toward a successful share price has nearly tripled, from $15.65 on July 16, transformation—one in which improved products 2012, to $44.13 as of April 1, 2015. and operations, prudent investments, and thoughtful allocation of capital drive growth for all our investors. We have a strong track record of creating We are determined to press forward with purpose, shareholder value. In early 2015, the board authorized with vigor, and with determination to bring Yahoo a tax-efficient plan to pursue a spin-off of all of back to iconic greatness and generate strong returns our remaining holdings in Alibaba Group, valued for you. at $32 billion based on the closing price of Alibaba on April 1, 2015, into a newly formed company. The We’re confident we are on that path, and we spin-off, expected to be completed in Q4 of 2015, thank you for your continued support and belief in maximizes value and tax-efficiency exclusively for Yahoo’s renaissance. Yahoo’s shareholders. This spin-off is in addition to the $9.1 billion of shares repurchased from July 2012 through the end of 2014. Our board and management team will have returned, post-spin, more than $40 billion of value to Marissa A. Mayer David Filo our shareholders, a historic amount for a company of CEO & President, Yahoo Co-founder & Chief Yahoo any size. Ultimately, including a total of $9.8 billion of shares repurchased by Yahoo from Q2 2012 through Q1 2015, more than 97% of the value from our Alibaba investment will have been returned to shareholders post-spin. We continue to deliver operational excellence. Our leadership team continues to reprioritize resources, shutter older products and businesses, and consolidate locations. Over the past two years alone, we closed 15 offices and sunset more than 75 products and services. Operational excellence is critical, and we will continue to execute on efficiencies we find on an ongoing basis, especially those that fuel growth and enhance profitability. We take a disciplined, focused approach to M&A. The Internet sector is incredibly competitive and acquisitive; that said, we’ve been prudent in our approach. Over the past 30 months, we allocated $2.1 billion to M&A compared with the $9.1 billion in capital returned to shareholders through share repurchases; it is noteworthy that we have funded all our M&A activity to date through organic means. Our M&A strategy focuses on three principal categories— talent acquisitions, building-block acquisitions, and larger strategic acquisitions—and our strategy is working. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K Í ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2014 OR ‘ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 000-28018 Yahoo! Inc. (Exact name of Registrant as specified in its charter) Delaware 77-0398689 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 701 First Avenue Sunnyvale, California 94089 (Address of principal executive offices, including zip code) Registrant’s telephone number, including area code: (408) 349-3300 Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on Which Registered Common stock, $.001 par value The NASDAQ Stock Market LLC (NASDAQ Global Select Market) Securities registered pursuant to Section 12(g) of the Act: None (Title of Class) Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes Í No ‘ Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ‘ No Í Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes Í No ‘ Indicate by check mark whether the Registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes Í No ‘ Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of Registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. Í Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of “large accelerated filer,” “accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. Large accelerated filer Í Accelerated filer ‘ Non-accelerated filer ‘ (Do not check if a smaller reporting company) Smaller reporting company ‘ Indicate by check mark whether the Registrant is a shell company (as defined by Rule 12b-2 of the Exchange Act). Yes ‘ No Í As of June 30, 2014, the last business day of the Registrant’s most recently completed second fiscal quarter, the aggregate market value of voting stock held by non-affiliates of the Registrant, based upon the closing sales price for the Registrant’s common stock, as reported on the NASDAQ Global Select Market was $32,432,060,475.
Load more

Recommended publications
  • Investor Presentation
    July 2021 Disclaimer 2 This Presentation (together with oral statements made in connection herewith, the “Presentation”) relates to the proposed business combination (the “Business Combination”) between Khosla Ventures Acquisition Co. II (“Khosla”) and Nextdoor, Inc. (“Nextdoor”). This Presentation does not constitute an offer, or a solicitation of an offer, to buy or sell any securities, investment or other specific product, or a solicitation of any vote or approval, nor shall there be any sale of securities, investment or other specific product in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The information contained herein does not purport to be all-inclusive and none of Khosla, Nextdoor, Morgan Stanley & Co. LLC, and Evercore Group L.L.C. nor any of their respective subsidiaries, stockholders, affiliates, representatives, control persons, partners, members, managers, directors, officers, employees, advisers or agents make any representation or warranty, express or implied, as to the accuracy, completeness or reliability of the information contained in this Presentation. You should consult with your own counsel and tax and financial advisors as to legal and related matters concerning the matters described herein, and, by accepting this Presentation, you confirm that you are not relying solely upon the information contained herein to make any investment decision. The recipient shall not rely upon any statement, representation
    [Show full text]
  • Sarah Friar the Empathy Flywheel, W/Nextdoor CEO
    Masters of Scale Episode Transcript – Sarah Friar The Empathy Flywheel, w/Nextdoor CEO Sarah Friar Click here to listen to the full Masters of Scale episode featuring Sarah Friar. REID HOFFMAN: For today’s show, we’re talking with Sarah Friar, the CEO of Nextdoor, who’s ​ built a reputation in Silicon Valley as both a skilled operator and a beloved leader. But we’ll start the show – as we often do – by hearing from another person who’s renowned in their field. DR. ROBERT ROSENKRANZ: I might not be Mark Zuckerberg, I might not be Sheldon ​ Adelson, I might not be Tom Brady, all right. I'm Robert Rosenkranz, I'm a dentist in Park Slope, and I love my patients. I love what I do. HOFFMAN: Robert Rosenkranz is a dentist in Brooklyn, New York. A dentist who loves his ​ patients so much he sees 80 of them every day. That means he’s in the office almost 14 hours, six days a week. ROSENKRANZ: Okay. A little less on Sunday. Otherwise my wife would leave me. But ​ six days, we're looking like max hours. Max capacity. HOFFMAN: You know the drill on this show. Working long hours isn’t unusual. What sets ​ Robert’s dental practice apart is that his patients keep multiplying. Not because the good people of Park Slope have particularly bad teeth, but because they just love visiting Robert. ROSENKRANZ: One of my very good friends says to me, “Whenever you see someone, ​ they think you're their best friend. When you talk to them, they feel like you're their best friend." I said, "That's what I want." I take that, and I bring it to work, and I bring it to strangers, and it becomes infectious.
    [Show full text]
  • Uila Supported Apps
    Uila Supported Applications and Protocols updated Oct 2020 Application/Protocol Name Full Description 01net.com 01net website, a French high-tech news site. 050 plus is a Japanese embedded smartphone application dedicated to 050 plus audio-conferencing. 0zz0.com 0zz0 is an online solution to store, send and share files 10050.net China Railcom group web portal. This protocol plug-in classifies the http traffic to the host 10086.cn. It also 10086.cn classifies the ssl traffic to the Common Name 10086.cn. 104.com Web site dedicated to job research. 1111.com.tw Website dedicated to job research in Taiwan. 114la.com Chinese web portal operated by YLMF Computer Technology Co. Chinese cloud storing system of the 115 website. It is operated by YLMF 115.com Computer Technology Co. 118114.cn Chinese booking and reservation portal. 11st.co.kr Korean shopping website 11st. It is operated by SK Planet Co. 1337x.org Bittorrent tracker search engine 139mail 139mail is a chinese webmail powered by China Mobile. 15min.lt Lithuanian news portal Chinese web portal 163. It is operated by NetEase, a company which 163.com pioneered the development of Internet in China. 17173.com Website distributing Chinese games. 17u.com Chinese online travel booking website. 20 minutes is a free, daily newspaper available in France, Spain and 20minutes Switzerland. This plugin classifies websites. 24h.com.vn Vietnamese news portal 24ora.com Aruban news portal 24sata.hr Croatian news portal 24SevenOffice 24SevenOffice is a web-based Enterprise resource planning (ERP) systems. 24ur.com Slovenian news portal 2ch.net Japanese adult videos web site 2Shared 2shared is an online space for sharing and storage.
    [Show full text]
  • Web Start-Ups Lure Executives at Ebay, Yahoo
    OTHER FREE FEATURES Web Start-Ups White House Subscribe Now to The Online Journal and Pressroom Gets a Lure Executives benefit from many exclusive online features, Makeover including access to Journal archives and The White House is At eBay, Yahoo personalized news tracking. seeking to transform its daily briefings, as part of By MYLENE MANGALINDAN a subtle but sweeping August 1, 2006; Page B1 advertisement effort by administration officials to deliver their message directly to the After six years at Yahoo Inc., including a stint as vice public. president of the company's successful online-shopping business, Rob Solomon wanted a new challenge. U.S., Israel Diverge as Casualties Mount Last year, he was offered the job of chief executive at Tensions are emerging Internet travel start-up SideStep Inc. Although he between the U.S. and would have profited from some stock options had he Israel as the Bush stayed at Yahoo, he accepted the position starting in administration begins to January. His cash compensation this year will be a 10th pressure Israel to wind down its campaign in of what he earned at Yahoo, but he says he was happy Lebanon amid surging to trade the big salary and bonus for more civilian casualties and responsibility and the potential to get in on the ground military setbacks. floor of a potentially hot company. "In a smaller environment, you can have a much bigger Airstrikes Resume impact," Mr. Solomon says. At an established public After Brief Pause TODAY'S MOST POPULAR Updated regularly with company, the 39-year-old adds, "It's harder to control news on the Israel- your own destiny." • Digital Replicas May Change Face of Films Hezbollah crisis.
    [Show full text]
  • Social Networking for Scientists Using Tagging and Shared Bookmarks: a Web 2.0 Application
    Social Networking for Scientists Using Tagging and Shared Bookmarks: a Web 2.0 Application Marlon E. Pierce, Geoffrey C. Fox, Joshua Rosen, Siddharth Maini, and Jong Y. Choi Community Grids Laboratory, Indiana University, Bloomington, IN 47404, USA {marpierc, gcf, jjrosen, smaini, jychoi}@indiana.edu ABSTRACT and researchers to find both useful online resources and also potential collaborators on future research projects. Web-based social networks, online personal profiles, We are particularly interested in helping researchers at keyword tagging, and online bookmarking are staples of Minority Serving Institutions (MSIs) connect with each Web 2.0-style applications. In this paper we report our other and with the education, outreach, and training investigation and implementation of these capabilities as services that are designed to serve them, expanding their a means for creating communities of like-minded faculty participation in cyberinfrastructure research efforts. This and researchers, particularly at minority serving portal is a development activity of the Minority Serving institutions. Our motivating problem is to provide Institution-Cyberinfrastructure Empowerment Coalition outreach tools that broaden the participation of these (MSI-CIEC). The portal’s home page view is shown in groups in funded research activities, particularly in Figure 1. cyberinfrastructure and e-Science. In this paper, we The MSI-CIEC social networking Web portal combines discuss the system design, implementation, social social bookmarking and tagging with online curricula network seeding, and portal capabilities. Underlying our vitae profiles. The display shows the logged-in user’s tag system, and folksonomy systems generally, is a graph- cloud (“My Tags” on left), taggable RSS feeds (center), based data model that links external URLs, system users, and tag clouds of all users (“Favorite Tags” and “Recent and descriptive tags.
    [Show full text]
  • Amalgamated Bank V. Yahoo!
    IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE AMALGAMATED BANK, Trustee for the ) LongView LargeCap 500 Index Fund and ) LongView LargeCap 500 Index VEBA ) Fund, ) ) Plaintiff, ) ) v. ) C.A. No. 10774-VCL ) YAHOO! INC., ) ) Defendant. ) OPINION Date Submitted: November 5, 2015 Date Decided: February 2, 2015 Christine S. Azar, Ryan T. Keating, LABATON SUCHAROW LLP, Wilmington, Delaware; Thomas A. Dubbs, James W. Johnson, LABATON SUCHAROW LLP, New York, New York; Counsel for Plaintiff Amalgamated Bank. Kathaleen S. McCormick, Richard J. Thomas, YOUNG CONAWAY STARGATT & TAYLOR, LLP, Wilmington, Delaware; Mark R.S. Foster, Su-Han Wang, MORRISON & FOERSTER LLP, San Francisco, California; Counsel for Defendant Yahoo! Inc. LASTER, Vice Chancellor. Plaintiff Amalgamated Bank (―Amalgamated‖) demanded to inspect the books and records of respondent Yahoo! Inc. pursuant to Section 220 of the Delaware General Corporation Law, 8 Del. C. § 220. Amalgamated‘s stated purpose was to investigate the hiring and subsequent firing of Yahoo‘s Chief Operating Officer, Henrique de Castro. This post-trial decision orders a tailored production of some of the documents identified in the demand. The production is subject to a condition: The resulting documents will be deemed incorporated by reference in any derivative complaint that Amalgamated may file relating to the subject matter of the demand. I. FACTUAL BACKGROUND A trial on a paper record took place on September 29, 2015. The following facts were proven by a preponderance of the evidence. A. Change At Yahoo 2012 was a big year for Yahoo. Ten of the eleven members of the board of directors (the ―Board‖) joined that year.
    [Show full text]
  • Yahoo 2012 10K Report
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10- K 3 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2012 OR q TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 000- 28018 Yahoo! Inc. (Exact name of Registrant as specified in its charter) Delaware 77- 0398689 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 701 First Avenue Sunnyvale, California 94089 (Address of principal executive offices, including zip code) Registrant's telephone number, including area code: (408) 349- 3300 Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on Which Registered Common stock, $.001 par value The NASDAQ Stock Market LLC (NASDAQ Global Select Market) Securities registered pursuant to Section 12(g) of the Act: None (Title of Class) Indicate by check mark if the Registrant is a well- known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes 3 No q Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes q No 3 Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • Building Relationships on Social Networking Sites from a Social Work Approach
    Journal of Social Work Practice Psychotherapeutic Approaches in Health, Welfare and the Community ISSN: 0265-0533 (Print) 1465-3885 (Online) Journal homepage: https://www.tandfonline.com/loi/cjsw20 Building relationships on social networking sites from a social work approach Joaquín Castillo De Mesa, Luis Gómez Jacinto, Antonio López Peláez & Maria De Las Olas Palma García To cite this article: Joaquín Castillo De Mesa, Luis Gómez Jacinto, Antonio López Peláez & Maria De Las Olas Palma García (2019) Building relationships on social networking sites from a social work approach, Journal of Social Work Practice, 33:2, 201-215, DOI: 10.1080/02650533.2019.1608429 To link to this article: https://doi.org/10.1080/02650533.2019.1608429 Published online: 16 May 2019. Submit your article to this journal Article views: 204 View related articles View Crossmark data Citing articles: 2 View citing articles Full Terms & Conditions of access and use can be found at https://www.tandfonline.com/action/journalInformation?journalCode=cjsw20 JOURNAL OF SOCIAL WORK PRACTICE 2019, VOL. 33, NO. 2, 201–215 https://doi.org/10.1080/02650533.2019.1608429 Building relationships on social networking sites from a social work approach Joaquín Castillo De Mesa a, Luis Gómez Jacinto a, Antonio López Peláez b and Maria De Las Olas Palma García a aDepartment of Social Psychology, Social Work, Social Anthropology and East Asian Studies, University of Málaga, Málaga, Spain; bDepartment of Social Work, National Distance Education University, Madrid, Spain ABSTRACT KEYWORDS Our current age of connectedness has facilitated a boom in inter- Relationships; active dynamics within social networking sites. It is, therefore, possi- connectedness; interaction; ble for the field of Social Work to draw on these advantages in order communities; social mirror; to connect with the unconnected by strengthening online mutual social work support networks among users.
    [Show full text]
  • Student/Parent Handbook 2019 - 2020
    Student/Parent Handbook 2019 - 2020 www.glenbrook225.org/gbs Glenbrook South High School ● 4000 West Lake Avenue ● Glenview, IL 60026 ​ ​ ​ ​ 847-729-2000 Board of Education Mr. Bruce Doughty, President – Northbrook ​ ​ Mr. Peter Glowack, Vice President – Glenview ​ ​ Ms. Karen Stang Hanley – Northbrook ​ ​ Dr. Sonia Kim – Glenview ​ ​ Mr. Skip Shein – Glenview ​ ​ Dr. Marcelo Sztainberg – Northbrook Mr. Joel Taub – Northbrook ​ ​ 1 Contents ADMINISTRATIVE ORGANIZATION 3 THIS IS GLENBROOK SOUTH 4 INSTRUCTIONAL PROGRAMS AND PROCEDURES 6 STUDENT RIGHTS AND RESPONSIBILITIES 18 ​ CODE OF CONDUCT 27 OFFICE OF THE DEAN 31 ​ HEALTH SERVICES 45 ​ STUDENT SERVICES 48 PARENT INVOLVEMENT 50 TESTING SCHEDULE 52 INSTRUCTIONAL SERVICES 53 STUDENT ACTIVITIES 55 ATHLETICS 66 ​ THE CENTER: LIBRARY & TITAN LEARNING CENTER 67 ​ MISSION, CORE BELIEFS, AND LEARNING OUTCOMES 72 2 GLENBROOK DISTRICT 225 ADMINISTRATION 3801 West Lake Avenue - Glenview, Illinois 60026-1292 847-998-6100 Superintendent . .Dr. Charles Johns Assistant Superintendent - Educational Services . Dr. Rosanne Williamson Assistant Superintendent - Business Services/CSBO . .Dr. R. J. Gravel Assistant Superintendent - Human Resources . .Mr. Brad Swanson Director of Special Education . Dr. Jennifer Pearson ​ ​ ​ ​ Director of Human Resources . Ms. Alice Raflores Director of Public Relations & Communications . Ms. Karen Geddeis Director of Operations . .Dr. Kimberly Ptak Director of Business Services . .Ms. Vicki Tarver Director of Instructional Innovation . Mr. Ryan Bretag Managers of Technology Services . Mr. Zia Ahmed, Mr. Ryan Manly ​ ​ GLENBROOK SOUTH ADMINISTRATION 4000 West Lake Avenue - Glenview, Illinois 60026-1271 847-729-2000 Principal . .Dr. Lauren Fagel Associate Principal - Administrative Services . .Mr. Casey Wright Associate Principal - Curriculum & Instruction . Mr. Cameron Muir ​ ​ Assistant Principal - Student Services . Dr. Lara Cummings Assistant Principal - Dean’s Office .
    [Show full text]
  • THE DECLENSIONS Off SOMALI IJOOTS B
    THE DECLENSIONS Off SOMALI IJOOTS "by B. W* Andrzej ewski {Thesis presented for the degree of Ph. D October 1961 School of Oriental and African Studies University of London ProQuest Number: 10673248 All rights reserved INFORMATION TO ALL USERS The quality of this reproduction is dependent upon the quality of the copy submitted. In the unlikely event that the author did not send a com plete manuscript and there are missing pages, these will be noted. Also, if material had to be removed, a note will indicate the deletion. uest ProQuest 10673248 Published by ProQuest LLC(2017). Copyright of the Dissertation is held by the Author. All rights reserved. This work is protected against unauthorized copying under Title 17, United States C ode Microform Edition © ProQuest LLC. ProQuest LLC. 789 East Eisenhower Parkway P.O. Box 1346 Ann Arbor, Ml 48106- 1346 SUMMARY In the literature on Somali grammar the exponents of gender and number have been given much attention, while the declensional system has passed almost entirely unnoticed* There are two main reasons for this gap: the use of the inadequate traditional techniques of description and the failure to examine the whole range of accentual patterns in Somali nouns* The aim of this thesis, which is a result of over twelve years of research into the language, is to fill the gap in the present knowledge of Somali by providing formulations concerning the nature of Somali declensions, and by describing their exponents and distribution* Moreover, the use of a special descriptive framework is demonstrated in the handling of the data* Although this framework has been developed ad hoc to suit the descriptive needs of the language and has been used here for the first time, the methodological approach is not entirely new and has been used by Kenneth L* Pike, Charles C* Pries and the three authors of the Oxford Advanced.
    [Show full text]
  • RED BANK REGISTER 7 Cents
    7 Cents RED BANK REGISTER PER COPY VOLUME LXXI, NO. 29. RED BANK, N. J., THURSDAY, JANUARY 13, 1949 SECTION ONE—PAGES 1 TO 16 Schedule Polio Talk Riverview Gets $2,500 From Service League Monday At Leonardo Educators Have Taxes May Drop Dr. Nicholas S. Ranaohoff, head of the polio ward at Monmouth Memorial hospital, Monday night will speak at the Leonardo grade school auditorium as guest of the $559,877 Budget In Fair Haven Middletown township March of Dimes committee. All interested persons are invited to attend. Mrs. Frank Hayes of Red Hill Local Board Asks More In Taxes- Year Ends With $76,572 On Hand road is chairman of the township drive. The area chairmen are as follows: Conover lane, Mrs. Rol- Program Include* Teachers' Raise — Eichele Elected Boro President ston Waterbury; Blossom Cove rd., -• Mra. Eugene Mtltenberger; Everett, The Red Bank board of educa- With the reminder that it will Mrs. Charles Conover; Headden's Corner, MUs Edith McLean; Mid- tlon Tuesday night reported a pro- be a fight against rising cost* of posed school budget of $369,877.76 operation. Fair Haven's mayor and dletown village, Mrs. Frederick New Manager Lutheran Church Philipp, Mrs. Ward Thomas and for the year 1949-50, including a, council Monday night held out board-approved increase In teach- • hope that) through sharp economy, Mrs. P. H. Meyer, Jr.; Holland rd., Mrs. Edward Viner; Nutswamp Selected For ers' salaries of $32,563. the borough may be able to lower Head In India This would make necessary a its tax rate this year.
    [Show full text]
  • Headwaters Tmt Must Read List Best Articles from the Week of August 3Rd, 2015
    HEADWATERS TMT MUST READ LIST BEST ARTICLES FROM THE WEEK OF AUGUST 3RD, 2015 HEADWATERS TMT MUST READ LIST – BEST ARTICLES FROM THE WEEK OF AUGUST 3RD, 2015 Deal News Microsoft & Salesforce / Informatica – The leveraged buyout of Informatica Corp. reflects the ways in which the entire business software market is being reshaped by the importance of data. Microsoft Corp. and Salesforce.com Inc. joined private-equity investors Permira Advisers LLC and the Canada Pension Plan Investment Board in the roughly $5.3 billion deal to take private, as the Wall Street Journal reported on Thursday. Informatica has delisted from the Nasdaq and also retired it’s INFA ticker. The company, founded in 1993, had revenue of about $1 billion last year, and grew 11 percent, according to the WSJ. That growth reflects strong demand among businesses for its services, which help companies organize and analyze broad swaths of information, the WSJ says. (WSJ) Daimler, BMW & Audi / Nokia HERE – BMW AG, Audi AG and Daimler AG will buy Nokia Oyj’s digital-map unit for 2.8 billion euros ($3.1 billion) to gain technology for connected cars that will eventually be the basis for self-driving vehicles. The world’s three largest makers of luxury cars will each acquire an equal share of Nokia’s HERE division, and the transaction is expected to be completed in the first quarter of next year, they said Monday. Nokia said its net proceeds on the sale will total slightly more than 2.5 billion euros. While there has previously been limited cooperation on auto parts, a joint acquisition on this scale involving BMW, Volkswagen AG’s Audi division and Mercedes-Benz owner Daimler is unprecedented.
    [Show full text]