Three Months After Bartz’s Firing, It’s Hurry Up and Wait at Yahoo (A Big Honking Update)

Still no sale or investment deal. No new CEO. No Asia resolution. And, perhaps most importantly, no clearly articulated strategy going forward. Other than that …
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With No-Yahoo-CEO Pledge, David Kenny Back in the Strategic Fray

What will David Kenny do? Maybe get something cooking in the whole what-will-Yahoo-do stakes, now that one of Yahoo’s more active board members is back.
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With HP’s Raising of the World’s Biggest White Flag, Will Jon Rubinstein and Todd Bradley Surrender Too?

Key webOS execs Todd Bradley and Jon Rubinstein were left out of the loop on HP’s dramatic departure from the consumer space this week. So, will they stay or will they go now?
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Silicon Valley’s Tom Perkins — Who Quit HP Board Over Phone Hacking — Backs News Corp. Execs in New Scandal

Last time, the legendary VC dumped his directorship in indignation over HP’s spying of reporters’ phone records. This time, the News Corp. board member has a different view.
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SB Nation Sacks AOL in Raid of Former Engadget Team for Competing New Tech Site, As AOL Zeroes in on New EiC

Jim Bankoff, the fomer AOL exec responsible for buying Engadget for the Internet portal, has grabbed eight staffers who had recently left the huge tech site amid tensions, in order to start a new gadget property for his SB Nation sports and news platform. The site–which is still unnamed and will be run by outgoing Engadget Editor-in-Chief Josh Topolsky–will debut sometime in the fall. Meanwhile, AOL has zeroed in on a new leader to replace Topolsky.

Nordstrom Acquires Flash Sales Site HauteLook for Up to $270 Million

Nordstrom has agreed to acquire four-year-old HauteLook, marking the department store’s first foray into online private sales.

Exclusive: Andreessen Horowitz Invests $80 Million in Twitter

Andreessen Horowitz has invested more than $80 million in Twitter via purchasing stock in secondary markets. When called about it by BoomTown, a spokeswoman at the high-profile Silicon Valley venture firm confirmed the purchase. The move is an interesting one, since Andreessen Horowitz was not part of the recent $200 million round on venture funding at the San Francisco microblogging company, led by Kleiner Perkins and which valued it at $3.75 billion.

HP Plans Another Probe Into Hurd Departure

A new set of independent lawyers may be tapped to revisit the circumstances of how Mark Hurd came to resign as the CEO of Hewlett-Packard, court filings show.

Exclusive: SnagFilms Snags $10 Million in Funding at $50 Million Valuation

SnagFilms, the online video distribution site for professional documentaries, has nabbed $10 million in funding from Comcast’s investment arm and New Enterprise Associates, and will also now be distributing fictional independent releases. That and the new investment giving SnagFilms a valuation of $50 million should be big news at the 11th Sundance Film Festival, the famous independent film gathering opening in Park City, Utah, on Thursday.

Q: Why No Twitter Board Seat for Kleiner's John Doerr? A: His Google Board Seat (Plus, Is the Star VC Looking at Spotify and Groupon Next?)

Star venture capitalist John Doerr of Kleiner Perkins paid $150 million for a stake in Twitter and all he didn’t get was a board seat. That’s due to another directorship he has at search giant Google. Maybe Doerr will get one at Spotify or Groupon, where he could be investing next.

Federated Media Makes Another Buy: Foodbuzz