Kara Swisher

Recent Posts by Kara Swisher

Psychic BoomTown Channels Yahoo PR

crystalball

From our Monday post called “Say Hello to the Yahoo Board Members”:

Recently, [former CEO Terry] Semel revived his Los Angeles-based new media investment firm, Windsor Media, and rumors abound to his intentions–including possibly making a play for a Hollywood studio. Big question: Will Semel continue as chairman of Yahoo in 2008?…

“What to make of Roy Bostock, who has been on Yahoo’s board since 2003? I’ll tell you what: If Semel were to step down as chairman, the chatter is that the former top-level advertising exec (chairman and chief executive officer of D’Arcy Masius Benton & Bowles) is best suited to the job, given the importance of Yahoo’s ad business.”

From a press release today by Yahoo:

Yahoo Inc. (Nasdaq:YHOO), a leading global Internet company, today announced that Terry Semel, the company’s non-executive chairman, will step down from the Board of Directors, effective Jan. 31, 2008…

“Yahoo also announced today that Roy Bostock, who has been a member of the company’s Board since May 2003, was unanimously elected by the Board to serve as Yahoo’s non-executive chairman.”

Our next prediction: Yahoo has exclamation point surgically removed until happiness returns once again to Sunnyvale.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik