Yahoo Tumblrs for Cool: Board Approves $1.1 Billion Deal as Expected

Done (just like we said).
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AOL’s Patch Gets New CEO, as Just Under Three Percent of Staff Is Laid Off in Consolidation (Memo)

The hyperlocal content efforts gets trimmed in profit push and a new leader too.
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Facebook’s General Counsel Ullyot to Depart the Company

The man who stopped the Winklevii leaves the building.
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Yahoo’s Mayer Has Met with Hulu Execs in a Preliminary Look-See at Premium Video Unit

How much is the Silicon Valley Internet giant willing to spend on turbocharging its video prospects?
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Content Gains Allow Demand Media to Beat Wall Street Expectations on Q1 Earnings and Revenue

Strong performance of media properties added to the results.
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Former Homestead Founder Returns to SV Curious — And With $7.5 Million in Funding

Justin Kitch is back with Curious, a lifelong learning startup aimed at connecting teachers and students on “subjects as varied as salsa dancing, integral solving, pipe soldering … and knife sharpening.”
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Voices

For Y Combinator Graduates, Timing Should Be Everything

Let’s not get too enamored with the coming out party.
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News Byte

Predictive Data Startup Infer Raises $10M From Redpoint

Infer, a Palo Alto, Calif., startup that makes data-focused business apps to help companies target their best potential customers, said it has raised $10 million in a Series A funding led by Redpoint Ventures. Andreessen Horowitz, Social+Capital Partnership, Sutter Hill Ventures and angel investors also participated in the round. Infer, which is profitable, mines a range of data to determine those with the highest propensity to buy. Along with the funding for its “predictive customer scoring model,” Satish Dharmaraj of Redpoint Ventures will join the company’s board.

Eventbrite Hires CFO in Expansion of Top Exec Ranks

In its first C-level hire from outside the company, Eventbrite has brought in experienced finance exec Mark Rubash as CFO.
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