Stern Named Head of New Strategery Role at Yahoo

The man who has been the Swiss Army Knife of Yahoo will be key strategy guy for Thompson, who clearly wants to do a lot of strategizing.
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They Shoot Yahoo CEOs, Don’t They? But Not Without a Really Smoking Gun and a Much Stronger Board.

While many across the blogosphere — including some very clever tweets — called for the head of Scott Thompson tout de suite, that’s just not going to happen. At least for now. And here’s why.
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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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Yahoo’s Layoffs Tomorrow Morning of up to 2,000 Will Only Be the First Move of a Larger Purge to Come

A dark day will probably dawn by tomorrow in Sunnyvale.
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Exclusive: Yahoo Loses M&A Head to Zynga

Taylor Barada, Yahoo’s recently appointed head of M&A, is joining Zynga in an unspecified role. Barada replaced Andrew Siegel, who left Yahoo earlier this year to join Condé Nast Yahoo staff was told of the move yesterday.

New Miramax CEO Lang Talks Digital Options for Movie Company

While the news has been be out there for a month, Miramax officially confirmed this morning that former News Corp. exec Mike Lang was named CEO of the Hollywood movie company. What will be interesting about that for digital content players will be to see exactly what the man who was deeply involved in deals to buy the Myspace social networking site and also create the Hulu premium video service will do with Miramax’s rich trove of more than 700 award-winning films in its movie library.

The HP Wink-Wink Nudge-Nudge Scandal's Real Victims: The Shareholders

Of course, because Silicon Valley is possibly the least sexy of places, any whiff of a scandal involving a powerful CEO and a blonde model/actress/cougar/contractor is going to get the lion’s share of the attention in the coverage. Thus, the resignation Friday of Hewlett-Packard head Mark Hurd and the private settlement with consultant Jodie Fisher have morphed into a juicy summer potboiler. Today, when the markets open, we’ll see if any of it matters to Wall Street or if investors have moved on to trying to determine the next moves for the tech giant and its leadership.

A “Do Not Call The FTC About Facebook Privacy” Registry? Great Idea, Tim.

Perfect. Facebook has enlisted a former senior Bush administration regulator to defend its privacy practices in Washington. Tim Muris, who served as chairman of the Federal Trade Commission from 2001 to 2004 and created the popular U.S. Do Not Call Registry, is advising the company, whose privacy disclosures and fast and loose handling of user data are increasingly drawing scrutiny on Capitol Hill.

Meet the VCs: Accel Partners' Kevin Efrusy

BoomTown runs into venture capitalists all the time in Silicon Valley and elsewhere and usually tries to run the other way. Not so last week, when I enjoyed a lovely lunch and chat with Accel Partners’ Kevin Efrusy, the former entrepreneur and techie who is making a lot of investments in both the social consumer space and the enterprise arena. Here’s the video.

The 168-Hour Work Week