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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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus