Ernst & Young

Larry Ellison Has One, and Now 11 More Entrepreneurs Do, Too

Drake Martinet in News on June 27, 2011 at 8:31 am PT

The Ernst & Young Entrepreneur of the Year award has developed the reputation of finding its way to CEOs who go on to become big names. Larry Eliison has one. So does Carol Bartz. And on Saturday night, the business service firm handed out another 11 of the awards.

A Sneak Peek at Zynga’s IPO: How to Turn Virtual Goods Into Real Money

Tricia Duryee in Commerce on June 24, 2011 at 6:00 am PT

With Zynga’s IPO filing likely to hit any day now, the question is: What will it tell us? The Facebook game developer will be the first major U.S. company supported primarily by the sale of virtual goods to go public. Just how might that work? Hard to say.

Meet the Yahoo Board: Something Old, Something New–But Will They Do Something?

Kara Swisher in News on October 14, 2010 at 9:00 am PT

With all the noisy swirl around Yahoo of late–from its executive turmoil to its flat growth to its dashed partnerships in Asia to its brash CEO–its board has been unusually quiet of late. Comatose, some might say. But with private equity firms, media companies, Web rivals, big shareholders, Wall Street and others all machinating about trying to grab all or some of the Internet giant, it will be interesting to see if its directors will shake themselves out of their typical comfort zone of inactivity to actually do their job. Thus, time for their moment in the BoomTown spotlight!

Burkle to Leave Yahoo Board–Is Bartz Solidifying Control (And Is Bostock Next)?

Kara Swisher in News on February 16, 2010 at 1:53 pm PT

Like victims in the thriller, “Ten Little Indians,” the directors of Yahoo involved in its Microsoft takeover debacle are moving off its board. Today, it’s billionaire businessman Ron Burkle doing the leaving, after serving since 2001, when he was brought onto the Internet giant’s board by former CEO Terry Semel. He’s the third director to depart since CEO Carol Bartz took over a little more than a year ago.

Weekend Update, 12/12/08

Beth Callaghan in News on December 13, 2008 at 4:19 pm PT

Where are Tina Fey and Sarah Palin when we really need a laugh? In this week ramping up to the holidays, good cheer–unsurprisingly–was hard to find. 2008 may well be remembered as the year the econalypse stole Christmas. Yahoo was bereft of cheer, for sure. BoomTown covered its long-dreaded layoffs and published Jerry Yang’s complete memo to Yahoo staff about the painful process, which began on Wednesday. Ex-Yahoos from all corners of the company spoke (and vented) to BoomTown about the as-yet fruitless search for a CEO to replace Yang, who laid himself off last month. But wait–Digital Daily pointed out a singular moment of misplaced cheer–akin to fiddling while the proverbial Yahoo burns–as the company, uh, celebrated the holidays with a bafflingly lavish year-end party on last Saturday–four days before layoffs began.

Report: 2008 IPO Market Obviously Lousy

John Paczkowski in News on December 11, 2008 at 5:40 am PT

With the economy in contraction and the stock market going all to hell, 2008 was not a good year for the IPO market. In fact, volumewise, it’s looking like it was one of the worst in the last 13 years. Global IPO activity has more than halved since 2007, according to Ernst & Young’s year-end Global IPO update.