Kara Swisher

Recent Posts by Kara Swisher

Yahoo Loses Monetization/E-Commerce Platform VP to LinkedIn

Greg Arnold, the executive in charge of Yahoo’s monetization/e-commerce platform. is joining LinkedIn to drive monetization there.

A LinkedIn spokeswoman confirmed the move after an inquiry by BoomTown and said Arnold would be director of engineering, working on monetization products at the fast-growing business networking site.

I am still waiting to hear from Yahoo about the departure, but sources said the announcement about Arnold was going out today.

Arnold seems to have survived the recent spate of layoffs at the Silicon Valley Internet giant, so I am chalking this one up to another drip in the continued talent drain at the Yahoo.

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work