Eric Schmidt Lost $300 Million in Google CEO Shake-Up and He's Still Richer Than You

Google’s just given outgoing CEO Eric Schmidt a $100 million equity award. A nice little bonus, but not large enough to offset the losses he’s suffered since announcing he is stepping down as CEO.

Adding Insult to Injury: Yahoo Is Prepping Layoffs, but Limited to Product Group and More Like 10 Percent

Yahoo is indeed preparing to lay off employees, in a reduction in force that will be done in December. But the layoffs, first reported in TechCrunch, will be closer to 10 percent and be almost completely centered on the product organization under Chief Product Officer Blake Irving, said sources close to the situation.
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Exclusive: Exec Changes at MSN–Jorgensen to Mobile, Cahall to MSN

Here is a memo just put out by Microsoft SVP Satya Nadella about big management changes at MSN, obtained by BoomTown. Current MSN head Erik Jorgensen will move over full-time to focus on mobile efforts and his replacement will be Ted Cahall, who most recently headed AOL’s tech efforts.

Digital Musical Chairs: Google Exec to Scribd, Apple Exec to AOL, Yahoo Exec to Google!

Oh, the game of musical chairs in the digital sector never seems to stop. In today’s Silicon Valley roundelay, Google’s head of traditional media and publisher partnerships, Rob Macdonald, heads to online publishing start-up Scribd, while AOL nabs Apple marketing exec Alan Eyzaguirre and Google grabs former Yahoo tech exec Venkat Panchapakesan.

Exclusive: Yahoo Front Page Head Tapan Bhat Leaves Company

Another longtime Yahoo exec is departing–this time Tapan Bhat, who had purview over the Internet giant’s important front page. News of the departure came from new Chief Product Officer Blake Irving in an internal email titled “Busy Week” that highlighted the Yahoo investor day that took place yesterday. Buried at the end of the memo was a paragraph noting that “there’s always a downside to a productive week” and that Bhat had decided to leave the company.

Fortune Tackles Its Web Site Again, With a High-Profile Hire

Here’s what qualifies as a man-bites-dog story these days: A big mainstream business publication hiring an experienced business journalist. Weird, right? But true: Fortune magazine has hired veteran writer Dan Roth to run and revitalize the title’s Web site. He starts as managing editor next week.
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Microsoft CFO Liddell Departs (Kiwi-Lovers Mourn); Klein Becomes New Numbers Dude

Microsoft CFO Chris Liddell is leaving the software giant at the end of the year and will be replaced by longtime Microsoft finance exec Peter Klein. A Microsoft spokesman said Liddell wants to pursue jobs beyond his finance role outside the company. BoomTown always enjoyed his adorkable New Zealand accent, even when it was talking econalypse 24/7. I have no idea what Klein sounds like, but he currently serves as CFO of Microsoft’s Business Division, which is one of the company’s largest units.
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CBS Digital Boss Quincy Smith’s Not-Quite Exit Interview: “Hulu’s a Great Service. That’s Part of the Problem.”

The man who helped shape CBS’s standalone Web video strategy explains himself, for the record.
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Exclusive: CBS Digital CEO Smith to Leave to Start a Silicon Valley Advisory Firm (First Customer? CBS)

Quincy Smith, the high-profile CEO of CBS Interactive, is planning on leaving his job at the media giant in January to start an advisory firm in Silicon Valley, according to several sources. But, in an interesting twist, Smith will remain an adviser to CBS under a multiyear contract, sources added, making it his first client. Apparently, Smith will focus intently on authentication issues for the company.
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NBC Grabs a High-Profile Blogger to Boost Its Local Site: Eater Co-Founder Ben Leventhal

News for the foodie/NY blog scene: Ben Leventhal, co-founder of the influential Eater blog, is headed to GE’s NBC Universal, where he’ll oversee “lifestyle content” for NBC’s growing local Web unit.
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