It’s Official: Yahoo Lays Off 2,000 Employees — 14 Percent of Workforce

CEO Scott Thompson promises that Yahoo, after staff cuts of 14 percent of the entire workforce, will be “smaller, nimbler, more profitable and better equipped to innovate as fast as our customers and our industry require.”
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Worst But First: Yahoo Uses Words of Facebook’s Zuckerberg to Poke Him in Patent Lawsuit

Even if increasingly irrelevant, being there at the start apparently has to count for something, says Yahoo in its allegations against the social networking giant.
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Yahoo Sues Facebook for Patent Infringement, Which Social Network Calls “Puzzling” (Including Filing)

In what is either the boldest gamble of its history or the most boneheaded, Yahoo has filed a massive legal attack against the powerful social networking giant for intellectual property violations.
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Viral Video: Arnold Gets Taiwanesed (And Probably Deserves It)

Former California Governor and Hollywood action star Arnold Schwarzenegger got the CGI treatment from Next Media Animation, which should come as a surprise to exactly no one.

Don't Rain on Microsoft's Ad Parade (Except It's Raining in Seattle, Natch!)

BoomTown scrambled the All Things Digital jet (aka, United Airlines, Seat 7A) late last night to get up to Microsoft’s big event for its online advertising clients today. Called “Imagine 2011: Marketing Leadership Summit” and held at its Redmond, Wa. HQ, the two-day event is designed to wow peeps by trotting out a spate of strategery concepts those who buy advertising on Microsoft’s various digital offerings from its Bing search service to MSN to Xbox to Windows Phone 7.

Awkward! As Microsoft Marketing Event Opens, Its Longtime Marketing Head Announces Surprise Retirement

Timing is everything and, sometimes, very awkward. Today at its Redmond, Wash., campus, Microsoft is hosting a splashy online “marketing leadership summit” titled “Imagine 2011″–a gathering of top marketing execs from across the globe, most of whom are advertising clients of its online division. Also today: Its longtime head of global marketing, Mich Mathews, announced her departure–to the surprise of many Microsoft execs here, in fact–via a report in Ad Age.

Viral: 99-Pound Weakling to Captain America (Thanks, CGI!)

Here is a really cool video from the upcoming movie, “Captain America: The First Avenger.” There is all the action, of course, but what’s interesting is the CGI used to make the buff actor who plays Captain America look like the slight, sallow and weak man he was before he was transformed.

Viral Video: Entering the "Source Code"

One of the movies that showed at South by Southwest was “Source Code,” an action thriller in which a solider is on a mission to find a train bomber by occupying his body. Starring Jake Gyllenhaal, it actually looks terrific.

AOL Layoffs Coming Soon, Followed by Champagne and Cookies for Advertisers When HuffPo Deal Closes

There’s no question it’s a jarring contrast–layoffs versus champagne and cookies. But that’s the reality at AOL as its acquisition of the Huffington Post closes this week, even as it sheds employees as part of its ongoing turnaround effort.

Viral Video: Some Hong Kong Action

Viral Video: "Unknown"

Viral Video: "Sucker Punch"