Kara Swisher

Recent Posts by Kara Swisher

Loeb Puts More Money Where His Ever Larger Yahoo Mouth Is

Hedge funder Dan Loeb of Third Point has bought another 2.5 million shares of Yahoo for about $40 million this week, bringing his total to 73 million shares, according to a regulatory filing. Loeb — who now owns above six percent of Yahoo — won a seat on the board of the Silicon Valley Internet giant after threatening a proxy battle and has recently been the key director in finagling the recent hiring of former Google exec Marissa Mayer as CEO. Yahoo’s stock has traded down slightly since the splashy appointment.


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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