Aiming for “Functional Coherence,” Mulling a Different P&L and With Advice From Ford CEO, Microsoft Restructuring Set for Thursday

Get ready for the rumble — and you know Steve Ballmer loves to rumble.

Yahoo’s Former GC Callahan Places His Bid With Online Real Estate Marketplace Auction.com

The self-effacing lawyer is ripe for some disruption in an old industry.

Facebook’s General Counsel Ullyot to Depart the Company

The man who stopped the Winklevii leaves the building.
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News Byte

Mayer Lures Google Deals Lawyer to Yahoo

According to several sources, Yahoo has hired Google senior corporate counsel James Loftus to work on deals for the Silicon Valley Internet giant. Loftus has been at the search giant since 2009 as an M&A attorney, and worked on the acquisition of Zagat, an acquisition that was spearheaded by former Google exec Marissa Mayer, who is now Yahoo CEO. Loftus will report to Jackie Reses, who runs HR, as well as corporate and business development.

Yahoo’s Top Lawyer Says Leaked Internal Memos Are “Uncool” (According to — Oops — A Cool Leaked Internal Memo)

I think it’s time for an apt Ben Franklin quote: “Three may keep a secret, if two of them are dead.”

Post-AppSung Stock Watch: What Will Happen to Apple and Google Shares Today?

Will Apple’s shares soar? Is Google a market proxy for Samsung?

Burning Man Begins — With Fiery Lawsuit Installation

A legal wildfire rages in the Black Rock Desert.

Not All Yahoos Headed Out Door: Mayer Makes Filo a Direct Report and Bell Permanent GC

More on what’s going on at the Sunnyvale HQ of Silicon Valley’s never-ending turnaround.

Yahoo’s Longtime Top Lawyer Mike Callahan Departs (Internal Memo!)

The top legal eye flies away from the Silicon Valley Internet giant.