Yahoo for Sale: Possible Bidders Circling — Including Marc Andreessen — as Board Pressure Mounts

As Yahoo’s board meets today to talk about what to do next, the unsettled situation at the Silicon Valley Internet giant might overtake them sooner than later.
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RIM Bows to Governance Critic

Research In Motion Ltd., bowing to criticism of its corporate governance by a small, activist investor, said Thursday that it will establish a committee of independent directors to study whether its two chief executives should also lead the board as co-chairmen.

Only 35 Percent of Companies Have a Succession Plan and Apple Is One of Them

Apple may not want to disclose its CEO succession plan, but at least it has one. Which is more than you can say for quite a few other companies.

Viacom, Real Networks Spin Off Rhapsody Music Service

Real Networks and Viacom are reorganizing Rhapsody, their joint-venture music service, and will be spinning it off into an independent company, they told the Securities and Exchange Commission today. Rhapsody, along with Best Buy’s Napster, sell music via monthly subscription, as opposed to Apple’s a la carte download offering. But neither service has been able to gain much traction, despite years of effort. More shortly.

Monster: Backdating BAD

Monster has finally put its backdating case to rest. Nary a week after former COO James Treacy was convicted of conspiracy and securities fraud, the online employment search company agreed to pay a $2.5 million fine to the U.S. Securities and Exchange Commission to settle charges that it improperly backdated millions of dollars in stock options.
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