News Byte

It’s On: Microsoft Management and Unit Reorg Will Be Announced Tomorrow

As AllThingsD reported earlier this week, Microsoft CEO Steve Ballmer’s reorg of the tech giant will take place tomorrow, according to numerous sources close to the situation. Top execs who have been informed of the changes today said that the restructuring is dramatic, and will include the wholesale elimination of its operating units for a management structure built around devices and services, both in the consumer and business spaces. As AllThingsD also reported (you can read all the details here, which sources said are accurate), it will include a centralization of common business functions, such as marketing.

Aiming for “Functional Coherence,” Mulling a Different P&L and With Advice From Ford CEO, Microsoft Restructuring Set for Thursday

Get ready for the rumble — and you know Steve Ballmer loves to rumble.
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Update: Xobni Price Paid by Yahoo Was $48 Million in Cash, Plus Possible Earn-Outs

Still not a big win, but not a total loss.
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Yahoo Acquires Xobni for Upward of $30 Million

Yep.
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Yahoo Offer to Buy Contact Startup Xobni Is at a Price of $30M to $40M

Yahoo’s new HR rule: If you can’t hire them, buy their company.
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Paperback Version of Jobs Best-Selling Bio to Be Released in Fall, With New Cover Shot of Young Steve

A new look for a new version of the book about tech’s greatest icon.
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FISA Request Data Could Soon Be Public, With Google Also in Talks With U.S. Government About More Disclosure

Secretive government process might become a little less secretive.
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After Zynga Confirms 18 Percent Layoffs, It Lowers Guidance in All-In Mobile Move

More tough choices for the troubled gaming company.
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Yahoo’s Bid for Hulu in $600M to $800M Range — Even as It Preps Other Big Deals in Mobile and Communications

Get ready for a very noisy game of musical chairs over the premium video site. Meanwhile, Mayer is still shopping for deals.
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