Update: Xobni Price Paid by Yahoo Was $48 Million in Cash, Plus Possible Earn-Outs

Still not a big win, but not a total loss.
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News Byte

Venezuela Offers Snowden Asylum

Former National Security Agency contractor Edward Snowden — whom the U.S. government is trying to arrest for revealing classified information about its spying programs — has been offered asylum by Venezuelan President Nicolas Maduro. “He is a young man who has told the truth, in the spirit of rebellion, about the United States spying on the whole world,” said Maduro. It’s not clear if Snowden, who is reportedly still in the transit area of Sheremetyevo airport in Moscow, has accepted the offer, but he has made appeals for asylum to several countries.

Silver Lake Abandons Hulu Purchase Effort, as Final Bidding Deadline Arrives Today

The longest-running and noisiest sale of all time move to the final bidding stages.
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To VC or Not to VC: Former Square COO Rabois Leaning Toward Khosla Ventures Job

A Silicon Valley choice.
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Yahoo’s Parting With Thompson Will Be for “Cause” (aka CSLie)

And not cancer, as unfortunate as the timing is for the ousted Yahoo CEO.
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Yahoo Bidders Come in at $16.50 to $17.50, With Plan to Keep Jerry Yang on Board

As the Yahoo turns, the board finally gets down to brass tacks of a possible deal.
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Exclusive: Silver Lake Finally Signs Yahoo NDA, as Talks Proceed With Bidders

Aggressive private equity firm signs on the secret dotted line it said it would not. Of course.
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Yahoo’s Interim CEO in Internal Meeting: “Time Is a Constraint” (Also, Blame the Media!)

I don’t know why I am not just invited to these Yahoo gatherings, since it would make my life a lot easier.
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It’s Called Google Propeller and It’s Aimed at Flipboard (and Facebook, Too, Natch)

Whhhheeeeeeeee! Up, up in the sky, its Google’s Flipboard killer, which also might strafe Facebook, too!
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