News Byte

Former Yahoo and Zynga Exec Named President and COO of Audax Health

David Ko, who joined the board of Audax Health in September, has been named president and COO of the Washington, D.C.-based digital health development company. He’ll be based in the company’s San Francisco office. Before Audax, Ko was COO at gaming company Zynga and he also spent a decade at Yahoo in various senior roles.

Forget Trendy Coffee Beans — Now Seaweed Innovation Gets Techie Money

As they say in Silicon Valley: Move fast and break things — though, in this case, not the chips.
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AOL Turns Moviefone Over to BermanBraun for Reboot

Press one for a much-needed overhaul of the service that still lives in 1999.
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In a Big Mobile Move, Pivotal Buys Xtreme Labs for $65 Million in Cash

You need to be mobile in the enterprise, says the cloud-based joint venture of EMC and VMware.
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AOL’s Sullivan to Take Over Its Homepage Business

More management changes at the New York Internet giant.
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Exclusive: Microsoft’s Xbox Head Don Mattrick Leaving to Take Top Role — Possibly CEO — At Zynga

A very big hire for the troubled online gaming giant.
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Zynga to Lay Off 520 Employees — 18 Percent of Staff — and Shutter New York and LA Offices in Refocus on Mobile

Right-sizing the gaming giant for the mobile market.
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Movile’s Bloisi Says Wi-Fi and Cheaper Prices Are Key for Smartphone Penetration in Latin America

The founder and CEO of Brazil’s largest mobile services company thinks the next four years will see a boom in the important region.
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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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Dreamworks Animation Names New CTO