Hearst Taps Demand Media’s Bradford and Yucaipa’s Johnson to “Redefine” the San Francisco Chronicle

Can the City by the Bay finally get the newspaper it deserves?
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Yahoo Hires Longtime McKinsey Exec DeVine to Head Global Ops

Exec ho! A new big hire at Yahoo.
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Yahoo Tumblrs for Cool: Board Approves $1.1 Billion Deal as Expected

Done (just like we said).
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Video Shopping Startup Joyus Raises $11.5M in Second Round, Focuses on ROI of Online Retail

Do online retailers need to make it count for merchants?
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Viral Video: Dove’s “Real Beauty Sketches” Web-Only Commercial Sets Off Debate

Beauty is apparently still in the eye of the beholder.
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Marissa Mayer Says Improving Flat Revenue at Yahoo Will Be a “Series of Sprints”

To Summly-rize: Yahoo is trying to race as fast as it can to keep up, but the results are still not in.
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Facebook Photo Phenom Instagram Gets a Business Lead to Scale Its Operations (and Presumably Revenue)

Is it time to make some dough from the billion-dollar deal?
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News Byte

Matrix Partners Adds Two New EIRs

Matrix Partners has added two new entrepreneurs in residence, Kevin Barenblat and Mihir Shah. Barenblat founded social music app SpotDJ and Context Optional, a social marketing software startup which was bought by Adobe. Shah was the former CEO of mobile advertising platform Tapjoy, and also worked at social app firm RockYou and QuinStreet, a performance marketing firm. Both will focus on cloud, mobile, consumer Internet and ad tech at the Silicon Valley venture firm.

Exclusive: In Yet Another Internal Hire, Yahoo’s Mayer Makes Mann Search Head

Adjusted for Reality, Neither Rackspace Nor Equinix Shine

A Pair of Top Yahoos Depart, While Another Is Promoted (With More to Come)

Rubicon Project Adds Two Top Execs, as Ad Tech Company Moves Toward IPO

Q4 Earnings Call: Mayer Says “Chain Reaction” Needed to Blast Yahoo Into the Future

OpenX Raises $22.5 Million in Round Led by Samsung Venture Unit

YESS: Yahoo HR Exec Loses Mayer’s Survey Contest, Gangnam Style