Yahoo Beats Q1 Expectations (as Expected) — Now, Will New CEO Outline More Strategery on Investor Call?

An upside non-surprise as we await pearls of wisdom from new CEO Scott Thompson.
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HP to Cut 275 in webOS Division as Part of Refocus on Software

Hewlett-Packard has cut another batch of employees from the division that used to be the smartphone company Palm.
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CBS Interactive/CNET Re-Org: The Complete Memo

CBS paid $1.8 billion for CNET last summer, and today it is dealing with the consequences: A re-org and layoffs. CBS execs won’t release a total for the number of people fired, so news will be coming out in piecemeal fashion for some time. In the meantime, here’s CBS Interactive’s new corporate structure, detailed in an internal memo distributed late today.