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		<title>Exclusive: Yahoo Nabs Jai Singh From AOL&#039;s HuffPo as Editor-in-Chief</title>
		<link>http://allthingsd.com/20110502/yahoo-nabs-jai-singh-from-aols-huffpo/</link>
		<comments>http://allthingsd.com/20110502/yahoo-nabs-jai-singh-from-aols-huffpo/#comments</comments>
		<pubDate>Tue, 03 May 2011 02:28:22 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=43430</guid>
		<description><![CDATA[According to sources close to the situation, Yahoo has grabbed one of Huffington Post's top editors, Jai Singh, to become its editor-in chief.

Before moving to the HuffPo as managing editor in 2009, which is now the key content unit of AOL, Singh ran CNET.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/04/mug_singhjaijpg.jpeg"><img src="http://kara.allthingsd.com/files/2009/04/mug_singhjaijpg.jpeg" alt="mug_singhjaijpg" title="mug_singhjaijpg" width="100" height="140" class="alignright size-full wp-image-12950" /></a></p>
<p>According to sources close to the situation, Yahoo has grabbed one of Huffington Post&#8217;s top editors, Jai Singh, to become its editor-in chief.</p>
<p>The move is a big one in the online editorial arena. Before <a href="http://kara.allthingsd.com/20090428/arianna-huffington-talks-about-new-managing-editor-singh">moving to the HuffPo as managing editor in 2009</a>, which is now the key content unit of AOL, Singh ran CNET Networks.</p>
<p><strong>UPDATE:</strong> Yahoo confirmed the hiring in a press release below.</p>
<p>A Huffington Post spokesman said:</p>
<p>&#8220;This is about geography&#8211;Jai made clear his desire to move back to California, where his family is located. He moved from California to work with us and, unfortunately, this job requires his being in the newsroom in New York. We loved working with him, wish him well with his new job, and look forward to staying in touch.&#8221;</p>
<p>Sources said Yahoo sent out an internal memo earlier tonight outlining the move, which is a whole new role at Yahoo. It&#8217;s below&#8211;<em>natch!</em>&#8211;from Yahoo Media head Mickie Rosen.</p>
<blockquote class="memo"><p>Hi Americas!</p>
<p>As we discussed at last week&#8217;s All Hands, we will continue to strengthen and grow Yahoo!’s position as the premier digital media company by expanding our original content, bringing unique voice to each property, turning Yahoo! into the place for big events, and helping to drive best-in-class tools and practices in social, SEO and publishing tools and operations.</p>
<p>In just the past few days since we were together, we set new records with our coverage of the Royal Wedding. And with last night&#8217;s news of Osama bin Laden&#8217;s death, we will likely create new ones. This proves the point that consumers turn to Yahoo! to be entertained and informed. We are the place consumers turn to when news happens.</p>
<p>With this context, I am thrilled to announce that Jai Singh will be joining Yahoo! as the Editor-in-Chief of the Yahoo! Media Network.  Jai joins from AOL, where he was managing editor of the Huffington Post Media Group, responsible for the day-to-day editorial operations of all AOL content.</p>
<p>Prior to AOL, Jai was the Managing Editor of the Huffington Post where he developed its voice, doubled its number of vertical sections, and helped grow unique users by six-fold.  Prior to the Huffington Post, Jai created CNET News.com in 1996, which quickly became a leading authority in technology news. As the editor-in-chief and senior vice president, he was in charge of all editorial and built a news staff that won scores of national journalism awards.</p>
<p>Jai will start May 31st. Below is the press release announcing his appointment.</p>
<p>Go Yahoo!</p>
<p>Best,</p>
<p>Mickie</p></blockquote>
<p>And here&#8217;s the official press release about Singh, which is oddly buried in news of Yahoo&#8217;s performance in its Royal Wedding coverage:</p>
<blockquote class="memo"><p><strong>Yahoo! Sets Records With The Royal Wedding;<br />
Drives Largest Traffic Day for Single Event</p>
<p>Names Jai Singh Editor-in-Chief of Yahoo! Media Network</p>
<p>SUNNYVALE, Calif., May 2, 2011&#8211;</strong>Yahoo! Inc. drove its largest traffic numbers for a single event last week when the world turned to the company for coverage of the Royal Wedding. Over a 24-hour period on Friday, April 29, 2011, Yahoo! drove more traffic and video to its coverage of the wedding than any previous event.</p>
<p>Preliminary internal data shows that Yahoo! sites serving Royal Wedding content drove 400 million page views on Friday, slightly higher than the traffic levels experienced following the Japan earthquake. Yahoo! delivered Royal Wedding content at a record-breaking 50,000 requests per second on Friday, seven times the average daily peak of approximately 7,500, and video traffic was 21% higher than the previous record. In comparison, there were approximately 33,000 requests-per-second following the Japan earthquake and today, at press time, peak requests-per-second was 40,000 for content related to the death of Osama bin Laden. Yahoo! also drove approximately 30 million unique users, 27 million video streams and 2.6 million live video streams over the 24-hour period on Friday.</p>
<p>In the last three months, coverage of the Royal Wedding and the Academy Awards has demonstrated that Yahoo! is where global consumers come to be entertained with rich content no other online company offers. Similarly, when news breaks, Yahoo! is the world&#8217;s trusted source for in-depth coverage, from the ongoing crisis in Japan to the death of Osama bin Laden. Yahoo! is the number one online site, reaching 180 million unique users and maintains a portfolio of 10 number one sites in the U.S., including Yahoo! News, Yahoo! Sports, Yahoo! Finance, omg!, Yahoo! Shopping, Yahoo! Real Estate and Yahoo! TV (data: comScore March 2011). Yahoo! attracts more than 680 million users globally.</p>
<p>In effort to extend and accelerate the company’s leadership positions and further develop a unique and distinct voice across its brands, Yahoo! today announced that it has appointed Jai Singh, editor-in-chief for the Yahoo! Media Network.</p>
<p>As editor-in-chief, Singh will help transform the company as it increases its original content creation, build the unique voice and programming of Yahoo!’s leading properties, and help drive best-in-class tools and practices&#8211;such as publishing platforms, aggressive social and SEO distribution&#8211;and programming across all platforms. Singh will be a key member of the Yahoo! Media Network leadership team led by Mickie Rosen, senior vice president of Yahoo! Media Network. Based in Sunnyvale, Calif., Singh starts May 31 and will be spending significant time with editorial teams based in Santa Monica, Calif., and New York City.</p>
<p>&#8220;Jai&#8217;s appointment comes on the heels of one of the most event-filled news weeks in Yahoo! history, which underscores the importance of our editorial operations,&#8221; said Rosen. &#8220;Jai is one of the most advanced and respected editorial thinkers in digital media today, and a great addition to our editorial bench strength. It&#8217;s clear that when news breaks, the world turns to Yahoo!. Shaping our unique voice, and establishing industry best practices for the next generation of publishing will further Yahoo!&#8217;s success as the premier digital media company.&#8221;</p>
<p>Singh was most recently managing editor of the Huffington Post Media Group where he was in charge of all day-to-day news management and editorial operations. His responsibilities spanned across both Huffington Post editorial as well as AOL, including AOL content sites. In the two years Singh was at the Huffington Post, the site saw unprecedented growth&#8211;the number of sections more than doubled to 24, as did the number of editorial staff, and unique visitors grew nearly six fold, according to Comscore. Besides running the editorial operations, Singh helped drive product development in close partnership with the technology team. Singh was also the main point-of-contact and worked closely with Sales, Sales Development and Business Development.</p>
<p>Prior to the Huffington Post, Singh created CNET News.com in 1996, which quickly became a leading authority in technology news at the height of the Internet boom. At CNET.com, as the editor-in-chief and senior vice president, Singh was in charge of all editorial, including news and product reviews, as well as product development. Singh built a news staff that won scores of national journalism awards at atime when mainstream media were still skeptical of the Internet as a source of credible information. </p></blockquote>
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		<title>Neil Ashe Talks About Departure From CBS Interactive</title>
		<link>http://allthingsd.com/20101208/neil-ashe-talks-about-departure-from-cbs-interactive/</link>
		<comments>http://allthingsd.com/20101208/neil-ashe-talks-about-departure-from-cbs-interactive/#comments</comments>
		<pubDate>Thu, 09 Dec 2010 00:10:07 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=38347</guid>
		<description><![CDATA[After BoomTown broke the news earlier today that CBS Interactive President Neil Ashe was stepping down from his job, we had a little chitchat as to why and what's next.

Apparently, a little breathing of some fresh air.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2010/12/ashe.jpeg"><img src="http://kara.allthingsd.com/files/2010/12/ashe.jpeg" alt="" title="ashe" width="90" height="110" class="alignright size-full wp-image-38349" /></a></p>
<p>After BoomTown broke the news earlier today that <a href="http://kara.allthingsd.com/20101208/cnets-neil-ashe-stepping-down/">CBS Interactive President Neil Ashe was stepping down</a> from his job, we had a little chitchat as to why and what&#8217;s next.</p>
<p>&#8220;We were at the end of a successful transition and integration with CBS,&#8221; said Ashe about the media giant&#8217;s $1.8 billion purchase of CNET Networks in mid-2008, in a phone interview with me. &#8220;And so it was time for a breath of fresh air for me.&#8221;</p>
<p>What that breath will be, Ashe would not specify yet, because he said he had not actually looked around for a new gig as his contract with CBS was nearing its end.</p>
<p>&#8220;I wanted to finish this first,&#8221; he said about his job at CBS Interactive.</p>
<p>And what this is, said 42-year-old Ashe, is a &#8220;unique combination of Internet native and the power of broadcast media.&#8221;</p>
<p>He noted that the &#8220;Internet is now electricity&#8211;always on and everywhere&#8211;which means it is not such a unique thing, and so you can do almost anything.&#8221;</p>
<p>When Ashe came to CNET in 2002, he said the company was losing tens of millions of dollars and had to prove to marketers that online ads worked.</p>
<p>&#8220;It has definitely not been a straight path from there to here, and we have seen as much confusion as you can throw at us,&#8221; he said. &#8220;And, if anything now, the pace of change is accelerating.&#8221;</p>
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		<title>Chegg&#039;s Dan Rosensweig Talks About the Next Wave of Online Textbook Rentals and More!</title>
		<link>http://allthingsd.com/20100819/cheggs-dan-rosensweig-talks-about-the-next-wave-of-online-textbook-rentals-and-more/</link>
		<comments>http://allthingsd.com/20100819/cheggs-dan-rosensweig-talks-about-the-next-wave-of-online-textbook-rentals-and-more/#comments</comments>
		<pubDate>Thu, 19 Aug 2010 19:58:21 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=32485</guid>
		<description><![CDATA[Earlier this week, BoomTown went down to Santa Clara, Calif. to the offices of Chegg, the online textbook rental leader, to pay a visit on longtime Silicon Valley exec Dan Rosensweig.

Today, in a bid to expand its offerings beyond books, Chegg said it had acquired Courserank, a Mountain View, Calif. start-up that helps students "share their course schedule, take classes with their friends, read and write reviews on classes and professors as well as find out how professors grade."

Here's the video.]]></description>
			<content:encoded><![CDATA[<p><img src="http://kara.allthingsd.com/files/2010/08/IMG_0008-275x205.jpg" alt="" title="IMG_0008" width="275" height="205" class="alignleft size-medium wp-image-32489" /></p>
<p>Earlier this week, BoomTown went down to Santa Clara, Calif. to the offices of Chegg, the online textbook rental leader, to pay a visit on longtime Silicon Valley exec Dan Rosensweig.</p>
<p>The voluble Rosensweig has had a series on interesting posts, from stints at CNET Networks and Ziff-Davis before a top job at Yahoo (YHOO). After that, it was as a partner at the Quadrangle Group and then running the <a href="http://kara.allthingsd.com/20090322/exclusive-dan-rosensweig-steps-up-to-takes-his-licks-as-guitar-hero-frontman">Guitar Hero division</a> of Activision Blizzard (ATVI).</p>
<p>Now he is CEO of Chegg, where he <a href="http://kara.allthingsd.com/20100202/exclusive-rosensweig-to-leave-guitar-hero-takes-over-as-ceo-of-online-textbook-rental-startup-chegg">arrived in February</a>.</p>
<p>After raising $144 million in funding, Chegg has become the front-runner in the increasingly competitive online textbook rental space.</p>
<p>Venture firms, such as Kleiner Perkins, Foundation Capital and, most recently, Insight Venture Partners, have presumably handed over that money to co-founders Osman Rashid and Aayush Phumbhra in hopes of big returns.</p>
<p>And, of course, the inevitable IPO.</p>
<p>Chegg got its start in 2005 at Iowa State University as a classified rental service, where books were the dominant item, but evolved its business to focus on actually doing the textbook rentals.</p>
<p>The company&#8217;s unusual name, Chegg, is a mashup of chicken and egg and its model is similar to that of innovative video rental outfit Netflix (NFLX).</p>
<p>Chegg now serves close to 7,000 schools across the U.S., with 120 employees in Silicon Valley and more at a warehouse operation in Louisville, Ky.</p>
<p>Typically, a rental costs a fraction of what buying a book outright does. It is ordered online and then sent to a renter, who then returns it.</p>
<p>All this activity has attracted a lot of interest from both big and small players, especially given the $10 billion college textbook business.</p>
<p>That makes for lots of competition. The Barnes &#038; Noble (BKS) College division recently began testing a textbook rental program, for example, and is rolling it out to 25 U.S. colleges. And <a href="http://voices.allthingsd.com/20100305/almost-famous-mehdi-maghsoodnia-of-bookrenter">BookRenter</a> is a smaller competitor.</p>
<p>Today, in a bid to expand its offerings beyond books, Chegg said it had acquired CourseRank, a Mountain View, Calif. start-up that helps students &#8220;share their course schedule, take classes with their friends, read and write reviews on classes and professors as well as find out how professors grade.&#8221;</p>
<p>Terms of the deal were not disclosed.</p>
<p>Rosensweig talks about all that and more, such as digital downloads, in the video interview below, which includes a tour of Chegg:</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=7B94D120-E423-435A-92D5-4C63124B94F7&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={7B94D120-E423-435A-92D5-4C63124B94F7}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
<p>And here&#8217;s the official press release about Chegg&#8217;s acquisition of CourseRank:</p>
<blockquote class="memo"><p><strong>CHEGG.COM ACQUIRES COURSERANK</p>
<p>Popular college course planning site that helps students with course and professor selection, hopes for rapid expansion</p>
<p>SANTA CLARA, Calif., August 19, 2010&#8211;</strong>Chegg.com, the number one online textbook rental company, today announced that it has acquired CourseRank, the Mountain View-based start-up that provides college students an easy and convenient way to create and share their course schedule, take classes with their friends, read and write reviews on classes and professors as well as find out how professors grade.</p>
<p>&#8220;We are excited about adding CourseRank to the portfolio of content and services we can offer students to make college easier and more affordable,&#8221; said Dan Rosensweig, President and CEO of Chegg.com. &#8220;We all share a commitment to saving students time, money and making them smarter. It&#8217;s amazing how popular CourseRank has become on campus, having nearly 100,000 users and growing every day.&#8221;</p>
<p>Founded by five college students and already being used on 175 colleges and universities across the U.S., CourseRank helps students manage and plan their academic careers. CourseRank&#8217;s scheduling, planning and course review system guides students by arranging relevant course information in an easily accessible display where they can track their progress towards the goal of graduation, mapping courses taken, and grades received. A feature for students to find textbooks for their courses using CourseRank is currently in beta for select schools.</p>
<p>&#8220;We&#8217;re excited to be part of the number one online textbook rental company in such a hot space,&#8221; said Filip Kaliszan, Co-Founder and CEO of CourseRank. &#8220;We share Chegg&#8217;s commitment to using technology to make life easier and cheaper for college kids, and we are excited about expanding our reach to more schools, adding many new features in the next few months.&#8221;</p>
<p>CourseRank, founded in 2007 by three Stanford University students, has seen tremendous growth in the past year. To date, the company has achieved adoption by some of the country’s top schools including Stanford University, the University of California, Berkeley, and Cornell University.<br />
Students can sign up for free and the first 5,000 will be entered for a chance to win cool prizes. For more information, visit www.courserank.com.&#8221;</p></blockquote>
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		<title>Rosensweig to Leave Guitar Hero; Takes Over as CEO of Online Textbook Rental Start-Up Chegg</title>
		<link>http://allthingsd.com/20100202/exclusive-rosensweig-to-leave-guitar-hero-takes-over-as-ceo-of-online-textbook-rental-startup-chegg/</link>
		<comments>http://allthingsd.com/20100202/exclusive-rosensweig-to-leave-guitar-hero-takes-over-as-ceo-of-online-textbook-rental-startup-chegg/#comments</comments>
		<pubDate>Tue, 02 Feb 2010 19:00:20 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=23882</guid>
		<description><![CDATA[Longtime Silicon Valley exec Dan Rosensweig is stepping down as president and CEO of the Guitar Hero division of Activision Blizzard to take a new job as CEO of Chegg, the top online textbook rental start-up.

The move is unexpected given that the former Yahoo COO landed the job running the top gaming franchise in March of last year.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/03/danr.jpg"><img src="http://kara.allthingsd.com/files/2009/03/danr-213x300.jpg" alt="danr" title="danr" width="175" height="250" class="alignright size-medium wp-image-11113" /></a></p>
<p>Longtime Silicon Valley exec Dan Rosensweig (pictured here) is stepping down as CEO and president of the Guitar Hero division of Activision Blizzard to take a new job as president and CEO of Chegg, the top online textbook rental start-up.</p>
<p>Both companies confirmed the move, which is somewhat unexpected given that the former Yahoo (YHOO) COO landed the <a href="http://kara.allthingsd.com/20090322/exclusive-dan-rosensweig-steps-up-to-takes-his-licks-as-guitar-hero-frontman/">job running the top gaming franchise in March</a> of last year.</p>
<p>It has been an eventful, but also a particularly tough year at Guitar Hero, in the face of yet another withering downturn in the gaming market.</p>
<p>While Activision (ATVI) introduced a new version of its flagship Guitar Hero game, as well as a new DJ Hero, Band Hero and a Guitar Hero: Van Halen version, sales were weaker overall, even though DJ Hero was the the No. 1 new game in both the U.S. and Europe.</p>
<p>Nonetheless, according to a recent report from research firm NPD Group, sales in the videogame space were down eight percent in 2009 from 2008.</p>
<p>And while Guitar Hero did gain market share as the most popular such game in its genre, most expect its trajectory to be downward.</p>
<p>Guitar Hero 5 sold slightly fewer than 996,000 units from September through December in North America, for example, according to NPD.</p>
<p>While global sales were better, Guitar Hero: World Tour, in comparison, sold 3.4 million units the year earlier.</p>
<p>In contrast, Rosensweig&#8211;who is probably much more suited to the pure Web space and the Silicon Valley scene&#8211;will be taking over a much faster-growing business at Chegg, based in Santa Clara, Calif.</p>
<p>It has become the front-runner in the increasingly competitive online textbook rental space.</p>
<p>To help maintain that lead, Chegg has garnered a huge $144 million investment kitty.</p>
<p>Top venture firms, such as Kleiner Perkins, Foundation Capital and, most recently, Insight Venture Partners, have presumably handed over that money to co-founders Osman Rashid and Aayush Phumbhra in hopes of big returns.</p>
<p>The pair started Chegg in 2005 at Iowa State University as a classified rental service, where books were the dominant item, but evolved its business to focus on actually doing the textbook rentals.</p>
<p><img src="http://kara.allthingsd.com/files/2010/02/chegg.jpg" alt="" title="chegg" width="250" height="250" class="alignleft size-full wp-image-23886" /></p>
<p>The company&#8217;s unusual name, Chegg, is a mashup of chicken and egg and its model is similar to that of innovative video rental outfit Netflix (NFLX).</p>
<p>Chegg now serves close to 7,000 schools across the U.S. and has a cute and student-friendly practice of planting a tree for every textbook rented, bought or sold.</p>
<p>With 120 employees in Silicon Valley and more at a warehouse operation in Louisville, Ky., Chegg claims it has grown over 600 percent year over year since its founding, although the start-up would not provide more specifics on financials.</p>
<p>A spokeswoman said that company rented more books in January of this year than all of last year and has saved students more than $137 million.</p>
<p>Typically, a rental costs a fraction of what buying a book outright does. It is ordered online and then sent to a renter, who then returns it.</p>
<p>All this activity has attracted a lot of interest from both big and small players, especially given the $10 billion college textbook business.</p>
<p>While one can assume that a lot of Chegg&#8217;s business will eventually move to digital downloads, especially as the use of e-readers explodes, the physical business is strong for the near term.</p>
<p>The Barnes &#038; Noble (BKS) College division recently began testing a textbook rental program, for example, and is rolling it out to 25 U.S. colleges. And BookRenter is a smaller competitor.</p>
<p>But with Chegg, Rosensweig is getting to ride the lead horse in the space, taking over from current CEO Rashid.</p>
<p>In an <a href="http://www.usatoday.com/money/companies/management/entre/2009-01-11-chegg-rashid_N.htm">interview a year ago</a>, in fact, Rashid said, &#8220;I do not want to be a long-term CEO. My passion is solving the problem and getting the company to a place where it can be taken to the next step.&#8221;</p>
<p>While he will remain chairman, the entrepreneur has recently closed $7.5 million in funding for a new stealth start-up called Kakai. Sources have said it is focused on the even more crowded e-reader space.</p>
<p>The replacement for Rosensweig&#8211;who had been working in private equity since his departure from Yahoo (YHOO) in late 2006 and has also worked at CNET Networks and Ziff-Davis&#8211;will be the Guitar Hero division&#8217;s current COO, David Haddad.</p>
<p>Until he has something to say about Chegg, here is a <a href="http://kara.allthingsd.com/20090901/guitar-heros-dan-rosensweig-speaks/">video interview I did with Rosensweig</a> in September, when the new version of GH5, as well as Band Hero and DJ Hero, were launching:</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=7E882717-A5DC-416B-8B02-4B06642A0C3B&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={7E882717-A5DC-416B-8B02-4B06642A0C3B}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
<p>Here is the full press release from Chegg about the appointment:</p>
<blockquote class="memo"><p><strong>Chegg.com Names Daniel Rosensweig As President and Chief Executive Officer</strong></p>
<p>Appointment accelerates explosive growth of market leader in textbook rentals</p>
<p><strong>SANTA CLARA, Calif., Feb. 2 /PRNewswire/</strong>&#8211;Chegg.com, the No. 1 online textbook rental company, today announced that it has appointed Daniel Rosensweig as its new President and Chief Executive Officer (CEO). Effective immediately, Rosensweig joins a company that closed $112 million in funding from Insight Venture Partners, Pinnacle Ventures and TriplePoint Capital in November. That round added to the already impressive list of investors including Kleiner Perkins Caufield &#038; Byers, Foundation Capital, Gabriel Venture Partners and Primera Capital.</p>
<p>&#8220;We are thrilled that Dan is joining us as our President and CEO,&#8221; said Osman Rashid, co-founder and chairman of the board at Chegg.com. &#8220;Chegg.com has been growing at an exceptional rate, and now is the time to bring in a world class leader that has successfully managed high growth consumer businesses and innovative business models. With Dan&#8217;s breadth of global business experience and passion for the consumer, we know he is the right person to lead Chegg.com through the next phase of its growth.&#8221;</p>
<p>Rosensweig joins Chegg.com from Activision (Nasdaq: ATVI) Publishing&#8217;s Guitar Hero franchise, where he served as CEO and president, launching Guitar Hero 5, Band Hero and DJ Hero in 2009.</p>
<p>A proven leader, Rosensweig was previously the Chief Operating Officer at Yahoo from 2002-2006, where he oversaw the company&#8217;s worldwide operations including its product development, marketing and advertising sales.</p>
<p>Rosensweig started his career at Ziff-Davis, where he spent 18 years in a variety of senior positions, including president of the Ziff-Davis Internet Publishing group, vice president and publisher of PC Magazine and president and CEO of ZDNet, which he built from a standalone Ziff-Davis company to a publicly-traded, highly-trafficked Internet network.</p>
<p>&#8220;The opportunity to lead one of Silicon Valley&#8217;s fastest growing companies that offers real financial value to students is unparalleled,&#8221; said Rosensweig. &#8220;Chegg.com has a powerful business model and, I believe, the opportunity to transform the textbook industry.&#8221;</p>
<p>The high cost of textbooks is a real social and economic problem that is burdening millions of students and their families.  Chegg.com&#8217;s innovative and convenient textbook rental model is helping relieve this burden and has already saved students more than $137 million.</p>
<p>&#8220;We invested in Chegg.com because of its impressive business model and unique value proposition – helping students and parents save on the overall cost of education,&#8221; said Deven Parekh, managing director of Insight Venture Partners. &#8220;With Dan joining the company, we are building a powerful consumer brand on college campuses across the country.&#8221; </p></blockquote>
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		<title>Guitar Hero&#039;s Dan Rosensweig Speaks!</title>
		<link>http://allthingsd.com/20090901/guitar-heros-dan-rosensweig-speaks/</link>
		<comments>http://allthingsd.com/20090901/guitar-heros-dan-rosensweig-speaks/#comments</comments>
		<pubDate>Tue, 01 Sep 2009 14:25:18 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=18000</guid>
		<description><![CDATA[Yesterday, BoomTown did a tour of the Mountain View, Calif., HQ of Guitar Hero, which is poised for a series of launches, including the fifth version of Guitar Hero and new music games Band Hero and DJ Hero.

While there, I interviewed CEO Dan Rosensweig, the well-known Silicon Valley exec who was once COO of Yahoo and who took over the high-profile division of Activision Blizzard in May in what was a bit of a surprise move into the music gaming industry.

Here's a video of an interview I did with him about it all.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/03/danr.jpg"><img src="http://kara.allthingsd.com/files/2009/03/danr-213x300.jpg" alt="danr" title="danr" width="175" height="250" class="alignright size-medium wp-image-11113" /></a></p>
<p>Yesterday, BoomTown did a <a href="http://kara.allthingsd.com/20090831/kara-visits-guitar-hero-hq-for-a-sneak-peek-of-gh5-band-hero-and-dj-hero/">tour of the Mountain View, Calif., HQ of Guitar Hero</a>, which is poised for a series of launches, including the fifth version of Guitar Hero and new music games Band Hero and DJ Hero.</p>
<p>While there, I interviewed CEO Dan Rosensweig, the well-known Silicon Valley exec who was once COO of Yahoo (YHOO) and who <a href="http://kara.allthingsd.com/20090322/exclusive-dan-rosensweig-steps-up-to-takes-his-licks-as-guitar-hero-frontman">took over the high-profile division of Activision Blizzard</a> (ATVI) in May in what was a bit of a surprise move into the music gaming industry.</p>
<p>Rosensweig had been working in private equity since his departure from Yahoo in late 2006. Previous to that, he worked at CNET Networks and Ziff-Davis.</p>
<p>Except that Rosensweig is a well known music fan&#8211;for example, having crisscrossed the country to see Bruce Springsteen play innumerable times&#8211;so he seems to be pretty happy with his new gig when I talked to him.</p>
<p>He certainly has a big job ahead, considering renewed competition from Viacom (VIA) in the form of its soon-to-be-released Beatles version of the competing Rock Band game, as well as a big slump in sales in the music game category.</p>
<p>The question is: Can innovation keep Guitar Hero alive? So far, the reviews for the new version are strong, but whether they translate into sales will be closely watched.</p>
<p>Rosensweig talked about that and more in this video interview:</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=7E882717-A5DC-416B-8B02-4B06642A0C3B&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={7E882717-A5DC-416B-8B02-4B06642A0C3B}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
]]></content:encoded>
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		<title>Arianna Huffington Talks About New Managing Editor Singh!</title>
		<link>http://allthingsd.com/20090428/arianna-huffington-talks-about-new-managing-editor-singh/</link>
		<comments>http://allthingsd.com/20090428/arianna-huffington-talks-about-new-managing-editor-singh/#comments</comments>
		<pubDate>Wed, 29 Apr 2009 00:12:01 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=12949</guid>
		<description><![CDATA[While in Los Angeles today at the AlwaysOn OnHollywood conference, BoomTown ran smack into blogging empress Arianna Huffington.

She was there to give a speech called "Video Killed the Radio Star...But Can the Web Actually Save Journalism?"

Her answer was a decided yes, especially with great journalists working online, such as the new managing editor of the Huffington Post the mega-blog has just hired.

That would be former CNET Networks Editor-in-Chief Jai Singh, who quit the company last year after a dozen-year run.]]></description>
			<content:encoded><![CDATA[<p>While in Los Angeles today at the <a href="http://alwayson.goingon.com/permalink/post/31243">AlwaysOn OnHollywood conference</a>, BoomTown ran smack into blogging empress Arianna Huffington.</p>
<p>She was there to give a speech called &#8220;Video Killed the Radio Star&#8230;But Can the Web Actually Save Journalism?&#8221;<br />
<a href="http://kara.allthingsd.com/files/2009/04/mug_singhjaijpg.jpeg"><img src="http://kara.allthingsd.com/files/2009/04/mug_singhjaijpg.jpeg" alt="mug_singhjaijpg" title="mug_singhjaijpg" width="100" height="140" class="alignright size-full wp-image-12950" /></a><br />
Her answer was a decided yes, especially with great journalists working online, such as the new managing editor of the Huffington Post, whom the mega-blog has just hired.</p>
<p>That would be former CNET Networks Editor-in-Chief Jai Singh (pictured here), who <a href="http://news.cnet.com/CNET-editor-in-chief-steps-down/2100-1030_3-6231171.html">quit the tech news and reviews company last year</a> after a dozen-year run.</p>
<p>&#8220;The bottom line is the Huffington Post has figured out how new media should be&#8230;and that&#8217;s what attracted and appealed to me,&#8221; said Singh in an interview today.</p>
<p>While only on the job for a few days, he noted that he will be looking at more video on the site, as well as focusing on its new vertical strategy.</p>
<p>Singh is moving from San Francisco to New York, where the Huffington Post HQ is located. (Huffington herself is, ironically, located in L.A., doing her work out of her Brentwood abode.)</p>
<p>Singh has been a true online news pioneer, creating News.com for CNET in 1996. CNET is now owned by CBS (CBS).</p>
<p>Here&#8217;s my video interview with Huffington, talking about Singh&#8217;s appointment and the future of the news business:</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=E3C54730-5C35-4096-B88D-6E0EF80EE2A4&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={E3C54730-5C35-4096-B88D-6E0EF80EE2A4}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
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		<title>Meet Peter Currie, Facebook&#039;s New Money Man (For Now)</title>
		<link>http://allthingsd.com/20090401/meet-peter-currie-facebooks-new-money-man-for-now/</link>
		<comments>http://allthingsd.com/20090401/meet-peter-currie-facebooks-new-money-man-for-now/#comments</comments>
		<pubDate>Wed, 01 Apr 2009 14:11:31 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=11511</guid>
		<description><![CDATA[Back in the heyday, Peter Currie was the money man to see in Silicon Valley.

As CFO of Netscape Communications, he led the famed browser start-up into history, as the first great Internet rocket ship, when it went public on Aug. 9, 1995.

Rising to insane levels, the stock was ground zero of the Internet gold rush, despite the fact that it had no profits to speak of. But it did have a 23-year-old co-founder and tech wunderkind in Marc Andreessen and a growth trajectory that was astounding.

If you think it sounds somewhat similar to Facebook today--where Currie will now help out as temporary financial adviser after the social-networking site parted ways with its CFO, Gideon Yu, yesterday--you are correct.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/03/2516540711_ca5b22a4b6.jpg"><img src="http://kara.allthingsd.com/files/2009/03/2516540711_ca5b22a4b6-250x252.jpg" alt="2516540711_ca5b22a4b6" title="2516540711_ca5b22a4b6" width="250" height="252" class="alignright size-medium wp-image-11514" /></a></p>
<p>Back in the heyday, Peter Currie was the money man to see in Silicon Valley.</p>
<p>As CFO of Netscape Communications, he led the start-up into history, as the first great Internet rocket ship, when it went public on Aug. 9, 1995.</p>
<p>With the first consumer-friendly browser software, which made the Web easily understandable to the masses, Netscape was at the red-hot center of the nascent digital revolution.</p>
<p>&#8220;Wall Street went bonkers,&#8221; said one news reporter about the IPO, and the craziness did not stop for quite a while.</p>
<p>Rising to insane levels, the stock was ground zero of the Internet gold rush too, despite the fact that it had no profits to speak of.</p>
<p>But it did have a 23-year-old co-founder and tech wunderkind in Marc Andreessen, and a growth trajectory that was astounding.</p>
<p>If you think it sounds somewhat similar to Facebook today&#8211;where <a href="http://kara.allthingsd.com/20090331/former-netscape-cfo-peter-currie-will-be-new-facebook-financial-adviser-until-new-cfo-is-found/">Currie will now help out as temporary financial adviser</a> after the social-networking site <a href="http://kara.allthingsd.com/20090331/facebook-cfo-gideon-yu-out-fast-growing-social-network-says-its-doing-fine-financially/">parted ways with its CFO, Gideon Yu, yesterday, following mutual disagreements</a> and announced a search for a replacement&#8211;you are correct.</p>
<p>In that job, the 53-year-old Currie will be helping Facebook CEO and founder Mark Zuckerberg, 24, navigate&#8211;albeit temporarily&#8211;through some stormy economics seas on a journey that will hopefully end in an initial public offering.</p>
<p>The search for a new CFO will also involve Currie, obviously, and will be conducted by Jim Citrin of Spencer Stuart.</p>
<p>But until a new CFO is in place, Facebook&#8217;s quest still entails sorting out a substantive advertising monetization strategy while also keeping up its speedy growth rates and managing the high costs that mount with its popularity.</p>
<p>That certainly was Netscape&#8217;s major challenge, which it never met successfully and which was made worse by intense attacks from Microsoft (MSFT) on Netscape&#8217;s core browser business.</p>
<p>That eventually led to the antitrust trial against the software giant, even as Netscape saw its star fall dramatically.</p>
<p>It was sold to AOL in 1998 for $4 billion, a shadow of its bubble valuation, and is <a href="http://netscape.aol.com/">now more of a footnote</a> than an ongoing tech product (although the now-popular Mozilla browser is a direct descendant of Netscape).</p>
<p>In fact, in 2008, Time Warner (TWX) online unit AOL dropped its support for the Netscape browser and said it was no longer releasing new versions.</p>
<p>Still, a lot of former Netscape execs now hold other key jobs in the Web space.</p>
<p>Its investor relations exec, <a href="http://kara.allthingsd.com/20080718/sure-the-cbs-cnet-deal-seems-crazy-but-maybe-in-a-good-way/">Quincy Smith</a>, now heads up the digital arm of CBS (CBS), for example.</p>
<p>And Andreessen has started a number of companies and has transformed himself into an kind of elder statesman of Silicon Valley of late, as well as a <a href="http://kara.allthingsd.com/20090220/marc-andreessens-new-venture-fund-project-a">newly minted venture investor</a>.</p>
<p><a href="http://kara.allthingsd.com/files/2009/04/picture-2091.jpg"><img src="http://kara.allthingsd.com/files/2009/04/picture-2091.jpg" alt="picture-2091" title="picture-2091" width="197" height="150" class="alignleft size-full wp-image-11522" /></a></p>
<p>Andreessen, many sources said, was a shadow influence on Zuckerberg&#8217;s decisions related to Yu, with whom relations had gotten tense, and to bring in Currie (pictured here).</p>
<p>Currie is certainly a great choice, in terms of the close-knit tech sector&#8217;s respect and experience.</p>
<p>Currie is also unusually tall, aggressively avuncular and laid-back, loves Elvis and enjoys pranking reporters like BoomTown. (Case in point: He once tried to spread the rumor that I am short due to a medical condition.)</p>
<p>Now the president of Currie Capital, a private investment firm, he had previously worked at General Atlantic in private equity.</p>
<p>After Netscape, he was a partner and co-founder of the Barksdale Group, an early-stage venture capital firm.</p>
<p>Before Netscape, he was CFO of McCaw Cellular Communications and also worked at Morgan Stanley (MS).</p>
<p>Currie is also board-happy, serving as a director of a variety of tech firms, private and public. They have included CNET Networks, Critical Path, Clearwire (CLWR), Safeco, Ofoto, Tellme Networks and Zantaz, as well as Sun Microsystems (JAVA).</p>
<p>He has an MBA from Stanford University and went to Williams College.</p>
<p>Here is the <a href="http://kara.allthingsd.com/20070615/the-fight-for-mike/">video interview I did with Currie</a> and others at an event to support his friend and former Netscape exec <a href="http://kara.allthingsd.com/20090201/farewell-to-mike-homer">Mike Homer, who recently died of Creutzfeldt-Jakob disease</a> (Currie is at the 2:16-minute mark):</p>
<p><div class="video-wsj"><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={979509566}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="320" height="240" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></p>
<p>(<em>Image of Netscape IPO T-shirt <a href="http://www.flickr.com/photos/intothefuzz/2516540711/">courtesy of intothefuzz on Flickr</a>.)</em></p>
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		<title>Exclusive: Dan Rosensweig Steps Up to Take His Licks as Guitar Hero Frontman</title>
		<link>http://allthingsd.com/20090322/exclusive-dan-rosensweig-steps-up-to-takes-his-licks-as-guitar-hero-frontman/</link>
		<comments>http://allthingsd.com/20090322/exclusive-dan-rosensweig-steps-up-to-takes-his-licks-as-guitar-hero-frontman/#comments</comments>
		<pubDate>Mon, 23 Mar 2009 01:54:05 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Commerce]]></category>
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		<category><![CDATA[D: All Things Digital]]></category>
		<category><![CDATA[Dan Rosensweig]]></category>
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		<category><![CDATA[Ziff Davis]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=11112</guid>
		<description><![CDATA[Former Yahoo COO and current Quadrangle Group partner Dan Rosensweig will take over as CEO and president of Activision Blizzard's powerful Guitar Hero franchise, according to sources close to the situation.

Rosensweig will run the hot gaming company's division, located in Silicon Valley, for Activision head Bobby Kotick.

The pair know each other well, since Kotick served on Yahoo's board for many years when Rosensweig was a key exec there. He's also just the kind of consumer Web exec that Kotick has been looking for to turbocharge the largely retail Guitar Hero business online.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/03/danr.jpg"><img src="http://kara.allthingsd.com/files/2009/03/danr-213x300.jpg" alt="danr" title="danr" width="175" height="250" class="alignright size-medium wp-image-11113" /></a></p>
<p>Former Yahoo COO and current Quadrangle Group partner Dan Rosensweig (pictured here) will take over as CEO and president of Activision Blizzard&#8217;s powerful Guitar Hero franchise, according to sources close to the situation.</p>
<p>Rosensweig will run the hot gaming company&#8217;s division, which is located in Silicon Valley, the result of its purchase of RedOctane in 2006, source said.</p>
<p>He is well known to Activision (ATVI) Chairman and CEO Bobby Kotick, who served on the Yahoo board for many years when Rosensweig was a key exec there. Both Rosensweig and Kotick have since left Yahoo.</p>
<p>It&#8217;s an interesting move for Rosensweig, who has been working in private equity since his departure from Yahoo (YHOO) in late 2006.</p>
<p>His name has been bandied about for several high-profile Web positions of late, and many thought he might take a political job, given that he was one of many digital execs involved in helping elect President Barack Obama.</p>
<p><a href="http://kara.allthingsd.com/files/2009/03/guitar-hero-logo.jpg"><img src="http://kara.allthingsd.com/files/2009/03/guitar-hero-logo-150x150.jpg" alt="guitar-hero-logo" title="guitar-hero-logo" width="150" height="150" class="alignleft size-thumbnail wp-image-11125" /></a></p>
<p>But the weak market for investments and Rosensweig&#8217;s longtime experience and interest in eventually returning to operations&#8211;along with his well-known passion for music&#8211;are the likeliest motivators for the move to Guitar Hero.</p>
<p>Sources said Rosensweig will start his new job at Guitar Hero&#8211;which Activision could announce as early as tomorrow&#8211;in several weeks.</p>
<p><span id="more-11112"></span></p>
<p>Running a major consumer brand like Guitar Hero seems tailor-made for Rosensweig, who worked at CNET Networks and Ziff-Davis before Yahoo. In addition, the jovial exec is well-respected in Silicon Valley, giving Activision a much more prominent presence here.</p>
<p>And the energetic Kotick (pictured below with me and, yes, Paula Abdul of &#8220;American Idol&#8221;&#8211;don&#8217;t ask) has long talked about turbocharging the largely retail Guitar Hero business online, as a way to further grow the music phenom.</p>
<p><a href="http://kara.allthingsd.com/files/2009/03/303035993_cypm2-s-0.jpg"><img src="http://kara.allthingsd.com/files/2009/03/303035993_cypm2-s-0-300x199.jpg" alt="303035993_cypm2-s-0" title="303035993_cypm2-s-0" width="250" height="150" class="alignright size-medium wp-image-11115" /></a></p>
<p>User-generated music, as well as a plethora of online transactions and social networking, have been promising new revenue opportunities, Kotick has said.</p>
<p>(See video highlights of my interview with Kotick below on that topic and more at last year&#8217;s <strong>D: All Things Digital</strong> conference.)</p>
<p>Overall, despite the weak economy and a cautious forecast going forward, the Santa Monica, Calif.-based Activision is growing, with revenues up in the last quarter, due in large part to the popularity of its Guitar Hero and Call of Duty videogames.</p>
<p>Its fast pace, in contrast to rival Electronic Arts (ERTS), has been helped by its merger with Vivendi SA&#8217;s Blizzard Entertainment last summer. Blizzard&#8217;s World of Warcraft online game is also one of the most popular multiplayer games in the world.</p>
<p>Here&#8217;s a <a href="http://d6.allthingsd.com/20080528/kotick/">highlights video from my interview with Kotick at <strong>D6</strong></a>:</p>
<p><div class="video-wsj"><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={1576242589}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="320" height="240" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></p>
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		<title>Sure, the CBS-CNET Deal Seems Crazy&#8211;But Maybe in a Good Way</title>
		<link>http://allthingsd.com/20080718/sure-the-cbs-cnet-deal-seems-crazy-but-maybe-in-a-good-way/</link>
		<comments>http://allthingsd.com/20080718/sure-the-cbs-cnet-deal-seems-crazy-but-maybe-in-a-good-way/#comments</comments>
		<pubDate>Fri, 18 Jul 2008 14:02:06 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[Anthony J. DiClemente]]></category>
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		<category><![CDATA[The Wall Street Journal]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=2308</guid>
		<description><![CDATA[A lot of people have been piling on CBS for its deal to buy Web site operator CNET Networks for $1.8 billion in cash.

Not BoomTown.

And it is not because newly crowned CBS Interactive CEO Quincy Smith is the ever-amusing Energizer Bunny of the Internet.

Okay, CBS paid too much and that makes the whole thing suspect. But is it the wrong direction?]]></description>
			<content:encoded><![CDATA[<p>A lot of people have been piling on CBS for its deal to buy Web site operator CNET Networks for $1.8 billion in cash.</p>
<p>Not BoomTown.</p>
<p>And it is not because newly crowned CBS Interactive CEO Quincy Smith (pictured here) is the ever-amusing Energizer Bunny of the Internet.</p>
<p><a href="http://kara.allthingsd.com/files/2008/07/quincy_smith-energizer.jpg" rel="lightbox"><img src="http://kara.allthingsd.com/files/2008/07/quincy_smith-energizer.jpg" alt="Quincy Smith, The Energizer Bunny of the Internet" title="quincy_smith-energizer" width="380" height="253" class="aligncenter centered size-full wp-image-2370" /></a></p>
<p>Okay, CBS (CBS) paid too much and that makes the whole thing suspect. But is it the wrong direction?</p>
<p>I have been noodling on the deal for a while now and have concluded that I like it.</p>
<p>Why? Primarily, because it is a big bet on big traffic from a high-quality Internet-born content and video site, which has been unnecessarily pilloried much as much, much smaller Web 2.0 competitors have been over-hyped.</p>
<p>With a hard re-haul&#8211;and there is no question CNET has to shake the Web 1.0 tone out of its system&#8211;and a true effort to find new advertising paradigm, the site could be just the kind of proof that content on the Web can really be powerful and more lucrative.</p>
<p><span id="more-68349"></span></p>
<p>That&#8217;s because size still does matter. CNET is a midsize network of sites&#8211;smaller than Yahoo, but much bigger than most, with a range of sites, such as the popular GameSpot (see chart below).</p>
<p><a href="http://kara.allthingsd.com/files/2008/07/mk-ap647a_cbs_m_20080515212817.gif"><img src="http://kara.allthingsd.com/files/2008/07/mk-ap647a_cbs_m_20080515212817.gif" alt="" title="mk-ap647a_cbs_m_20080515212817" width="232" height="327" class="aligncenter size-full wp-image-2320" /></a></p>
<p>Solving all of CBS&#8217;s problems is not the end game here, nor should it be, which has been the tone of a lot of the coverage of the deal. That&#8217;s been especially true as the media giant&#8217;s shares have swooned.</p>
<p>Struck in mid-May and closed at the end of June, the union has not inspired a lot of cheering by either Wall Street or the media, neither of whom like the 22-times EBITDA price (compared with CBS&#8217;s own seven).</p>
<p>Typical was <a href="http://online.wsj.com/article/SB121090838585697975.html">The Wall Street Journal</a>, which slappity-slapped the deal&#8211;comparing it with a lackluster CBS Web deal from a few years ago when the network bought CSTV for $325 million&#8211;and even managed to insult CEO Les Moonves&#8217;s ancient acting career at the same time:</p>
<p>&#8220;CBS Corp. Chief Executive Leslie Moonves had a bit role in &#8216;The Six Million Dollar Man&#8217; in 1977, but never made it as an actor. So maybe it&#8217;s time that Mr. Moonves stop acting like an Internet dealmaker.&#8221;</p>
<p>More recently, Lehman Bros. (LEH) Anthony J. DiClemente, in a longer report about CBS&#8217;s stock, noted that the deal&#8217;s impact was questionable.</p>
<p>He wrote: &#8220;In our view, it may take several quarters before we are able to discern if CBS&#8217;s purchase of CNET is able to help the online monetization effort for CBS and its TV content. We believe CBS will need to rejuvenate the CNET brands and ad sales effort in order to earn an adequate return on invested capital. CNET&#8217;s platform may open up a new collection of advertisers for CBS&#8217;s Internet ad sales team.&#8221;</p>
<p>Well, exactly. As always, the issue is going to be all about execution, making integration go smoothly and getting its ad sales team to actually begin to sell across all CBS online properties in new ways.</p>
<p>But what should be not lost here amid all the bellyaching about price and the depressed CBS brand and its even more depressing stock is that someone has to begin to build the next generation media model and create a critical mass of high-quality display inventory that also attracts a large and demographically attractive audience.</p>
<p>In other words, all the pieces are in place at CNET and CBS to do this. Whether the Energizer Bunny runs out of power before that can happen is another question altogether.</p>
<p><em>Please see <a href="http://allthingsd.com/about/kara-swisher/ethics/">this disclosure</a> related to me and CBS.</em></p>
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		<title>Google Makes Employee Information &quot;Universally Accessible,&quot; &quot;Useful&quot; to Data Thieves</title>
		<link>http://allthingsd.com/20080703/googdatabreach/</link>
		<comments>http://allthingsd.com/20080703/googdatabreach/#comments</comments>
		<pubDate>Thu, 03 Jul 2008 23:54:51 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[bank account]]></category>
		<category><![CDATA[burglary]]></category>
		<category><![CDATA[CBS]]></category>
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		<category><![CDATA[Colt Express Outsourcing Services]]></category>
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		<category><![CDATA[John Paczkowski]]></category>
		<category><![CDATA[personal]]></category>

		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=2688</guid>
		<description><![CDATA[How ironic. The personal data of some Google employees may be as “universally accessible” as the world of information Google claims it is its mission to organize.]]></description>
			<content:encoded><![CDATA[<p>How ironic. The personal data of some Google employees may be as &#8220;universally accessible&#8221; as the world of information <a href="http://www.google.com/corporate/">Google claims it is its mission to organize</a>.</p>
<p>Seems the personal data of Googlers hired prior to 2006 were stolen during a <a href="http://doj.nh.gov/consumer/pdf/Google.pdf">May 26 burglary at Colt Express Outsourcing Services</a>, a financially troubled human resources outfit Google (GOOG) once used to administer employee benefits. The data, which astonishingly were <em>not encrypted</em>, thankfully did not include driver&#8217;s license, credit card or bank account numbers. It did, however, include<a href="http://news.cnet.com/2100-1029_3-6243093.html"> employee names, Social Security numbers, birthdates,  and addresses</a>&#8211;everything an identity thief would need to open a credit card account under another&#8217;s name.</p>
<p>It&#8217;s unclear how many Googlers are affected by the breach, but it could be quite a few. CBS&#8217;s (CBS) CNET Networks was also affected by the burglary, with details from about 6,500 employees stolen.</p>
<p>&#8220;We take the security of our employees very seriously and require outside vendors to meet appropriate security standards. We review and update these standards on an ongoing basis,&#8221; a Google representative said. &#8220;Google is not currently using Colt&#8217;s services and had made this decision long before this incident.&#8221;</p>
<p>If that&#8217;s the case, what was Colt doing with that data in the first place?</p>
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		<title>Google Makes Employee Information "Universally Accessible," "Useful" to Data Thieves</title>
		<link>http://allthingsd.com/20080703/googdatabreach-2/</link>
		<comments>http://allthingsd.com/20080703/googdatabreach-2/#comments</comments>
		<pubDate>Thu, 03 Jul 2008 23:54:51 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[News]]></category>
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		<category><![CDATA[Colt Express Outsourcing Services]]></category>
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		<category><![CDATA[Google]]></category>
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		<category><![CDATA[John Paczkowski]]></category>
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		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=2688</guid>
		<description><![CDATA[How ironic. The personal data of some Google employees may be as “universally accessible” as the world of information Google claims it is its mission to organize.]]></description>
			<content:encoded><![CDATA[<p>How ironic. The personal data of some Google employees may be as &#8220;universally accessible&#8221; as the world of information <a href="http://www.google.com/corporate/">Google claims it is its mission to organize</a>.</p>
<p>Seems the personal data of Googlers hired prior to 2006 were stolen during a <a href="http://doj.nh.gov/consumer/pdf/Google.pdf">May 26 burglary at Colt Express Outsourcing Services</a>, a financially troubled human resources outfit Google (GOOG) once used to administer employee benefits. The data, which astonishingly were <em>not encrypted</em>, thankfully did not include driver&#8217;s license, credit card or bank account numbers. It did, however, include<a href="http://news.cnet.com/2100-1029_3-6243093.html"> employee names, Social Security numbers, birthdates,  and addresses</a>&#8211;everything an identity thief would need to open a credit card account under another&#8217;s name.</p>
<p>It&#8217;s unclear how many Googlers are affected by the breach, but it could be quite a few. CBS&#8217;s (CBS) CNET Networks was also affected by the burglary, with details from about 6,500 employees stolen.</p>
<p>&#8220;We take the security of our employees very seriously and require outside vendors to meet appropriate security standards. We review and update these standards on an ongoing basis,&#8221; a Google representative said. &#8220;Google is not currently using Colt&#8217;s services and had made this decision long before this incident.&#8221;</p>
<p>If that&#8217;s the case, what was Colt doing with that data in the first place?</p>
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		<title>CNET and Yahoo Broadly Expand Editorial and Ad Relationship</title>
		<link>http://allthingsd.com/20080424/cnet-and-yahoo-broadly-expand-editorial-and-ad-relationship/</link>
		<comments>http://allthingsd.com/20080424/cnet-and-yahoo-broadly-expand-editorial-and-ad-relationship/#comments</comments>
		<pubDate>Thu, 24 Apr 2008 10:03:23 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<category><![CDATA[Neil Ashe]]></category>
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		<category><![CDATA[Tech Ticker]]></category>
		<category><![CDATA[Yahoo]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/20080424/cnet-and-yahoo-broadly-expand-editorial-and-ad-relationship/</guid>
		<description><![CDATA[When it reports its first quarter earnings this afternoon, CNET Networks will also announce a much-expanded editorial and advertising relationship with Yahoo that will give the tech news site broad distribution on the highly trafficked Internet portal.

CNET and Yahoo have had content licensing deals in the past, in which some CNET content has been featured in the tech areas of Yahoo.]]></description>
			<content:encoded><![CDATA[<p><img src='http://kara.allthingsd.com/files/2008/03/redball.gif' alt='cnet' /></p>
<p>When it reports its <a href="http://pressreleases.cnetnetworks.com/phoenix.zhtml?c=67325&#038;p=irol-newsArticle&#038;ID=1128219&#038;highlight="> first-quarter earnings this afternoon</a>, CNET Networks (CNET) will also announce a much expanded editorial and advertising relationship with Yahoo (YHOO) that will give the tech news site broad distribution on the highly trafficked Internet portal.</p>
<p>CNET and Yahoo have had content licensing deals in the past, in which some CNET content has been featured in the tech areas of Yahoo.</p>
<p>But in 2006, <a href="http://tech.yahoo.com/">Yahoo launched a more robust tech section</a>, which includes original blogs and reviews, and which many saw as a direct competitor to sites like CNET.</p>
<p>Yahoo more recently launched a <a href="http://finance.yahoo.com/tech-ticker">Tech Ticker</a> site, a blog-like site aimed at tech investors with original material and a lot of videos, along with content from partners (including AllThingsD.com).</p>
<p>Under the new deal, sources at both companies said a large swath of CNET tech news and also reviews will be carried on Yahoo, making it the major supplier of tech news content to the site. Rather than just focusing on its owned-and-operated properties, Yahoo&#8217;s more recent strategy has been to partner with media companies.</p>
<p>In addition, under the terms of the deal, Yahoo will sell some of CNET&#8217;s remnant inventory and also allow CNET ad sales staff to sell into some areas of Yahoo.</p>
<p>This deal is likely to be touted as a big win for CNET&#8217;s current management, including CEO Neil Ashe, who has been under siege from a group of dissident shareholders who are unhappy with the company&#8217;s lackluster performance and have called for a variety of significant changes.</p>
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