HP’s Whitman: “We Are in the Early Stages of What We Hope to Achieve Here”

So now the bad news is out. HP will cut about 27,000 jobs over the next two years or so. But CEO Meg Whitman and company are cautiously optimistic about the long haul.
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The King Is Dead, Long Live the … Whatever: Levinsohn’s Management Moves at Yahoo (Internal Memo)

For those following the soap opera that I am chief writer for, “Days of Our Yahoos,” here’s the latest episode.
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Hey Mickey, You’re So Fine: Meet the Man Who Landed Silicon Valley’s Hottest Funding Deal in Pinterest

The $1.5 billion valuation can still blow your mind.

Exclusive: Groupon Hires Amazonian as VP of Engineering, Opens Seattle Office

The Chicago-based daily deals company expects to announce the appointment of Vinayak Hegde as VP of engineering later this afternoon.
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PayPal to Unveil Newest Retail Partners for In-Store Payments Next Week

PayPal is hosting a media event next week where it will unveil the next batch of mega-retailers that are adopting the company’s online payment network at the register.
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After Strong Quarter, Groupon Starts Looking Like a Deal Again

Even though Groupon continues to carry the warning that its financial processes are weak, a handful of analysts upgraded the company to a buy rating today, and investors sent the stock climbing.
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Twilio Taps Say Media Vet Kirkpatrick as CFO

Global expansion means it’s time to get serious about managing the finances. But first? Build a Twilio app.
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Yahoo’s Parting With Thompson Will Be for “Cause” (aka CSLie)

And not cancer, as unfortunate as the timing is for the ousted Yahoo CEO.
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Exclusive: Yahoo’s Thompson Out; Levinsohn In; Board Settlement With Loeb Nears Completion

The final shoe — shoe store, really — drops.
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A Million Users? Pshaw. What’s a Hit in Today’s Metrics?

How to spot meaningful growth for a new app or service when so many things are blowing up so fast.
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Is He In or Is He Out? Crunchtime for Scott Thompson at Yahoo.

Waiting for a verdict in trial of ResuMess.
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Not So Scott Free? Yahoo’s Other Big Shareholder — Cap Re — Leaning Toward Supporting Loeb Over Thompson ResuMess.

Is the tenure of Yahoo CEO Scott Thompson — who is now big with the excuses — in trouble if other shareholders start to bolt?
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Tech Nation’s Gunn Says She and Yahoo CEO Discussed Their CS Degrees Before 2009 Show (Video and Audio)

Smoking conversation or different recollections? You decide.
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Loeb Calls Again for Thompson Firing From Yahoo, as Former eBay Boss Supports Him

The back-and-forth over Yahoo CEO Scott Thompson’s fitness as a leader continues.
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Place Your Bets: Will Loeb Drop Another Bomb on Yahoo at Vegas Confab Later Today?

There are pretty good odds, but it’s a gamble for the activist investor to find a way to top his last act.
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PayPal Partners With Japan’s SoftBank to Form Digital Payments Joint Venture

Late this evening, PayPal unveiled a multimillion-dollar joint venture with SoftBank, an Internet and telecommunications provider in Japan, to work together on the future of digital payments there.
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StumbleUpon CEO Garrett Camp Steps Down, 10 Years Later

Garrett Camp, the co-founder and long-time CEO of Web discovery service StumbleUpon, is moving on.
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Exclusive: Yahoo Director in Charge of Botched CEO Vetting to Step Down From Board

CSLie has claimed its first victim, although the mystery is still unsolved.
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CEO Says Sorry to Yahoos for Borked Bio “Distraction” — But Will Mea Culpa Work Without an Apology for Error? (Memo)

He’s sorry. Deeply regrets. Apologizes. Takes full responsibility for the distraction. You know the drill.
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CrowdFlower Heads Downmarket With New Photo Moderation Tools

CrowdFlower, the crowdsourcing platform, is striking out in a new direction under the leadership of co-founder Lukas Biewald, who recently took back the CEO role from a hired executive.
Crowdflower went through its own image moderation to find inoffensive images for this sample screenshot.

Loeb Lobs Lawsuit, as Expected, at Yahoo’s Borked Bio Mess

Botched CEO bio. Activist shareholder. Screwy board of directors. Mix it all together and what do you get?
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As Yahoo CEO Reaches Out to Top Staff, Board Meets to Weigh “Options” (I.E., Deciding Who Gets to Take the Borked Bio Blame)

On tonight’s Silicon Valley version of “Game of Thrones,” King Scott Thompson tries to assuage, while the board potentates sharpen their knives.
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