Former Yahoo VP Jim Stoneham Joins Payvment as COO

Payvment, the Palo Alto, Calif. company that is focused on bringing e-commerce to Facebook, has named Jim Stoneham to the position of chief operating officer. As the former VP of Yahoo!’s Communities, Stoneham led the group that included Flickr, Yahoo! Answers, and Yahoo! Groups. Stoneham was also at Yahoo when it redefined its social strategy, by integrating Facebook and Twitter across several properties.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald