Exclusive: Yahoo Labs Head Raghavan Departing to Google

Yahoo’s loss of a big brain is Google’s gain.
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Chegg Buys Zinch in Another Move Toward a “Social Education Platform”

The online textbook rental is on a hiring spree to expand its student-aimed business all year round. The latest move: Acquiring Zinch, which links high school students with college recruiters.
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Now Is the (Larry) Summers of Our Silicon Valley VC: Economic Guru Joins Andreessen Horowitz as “Special Advisor”

In an unusual appointment for the longtime public servant, former Treasury Secretary Larry Summers will join Silicon Valley venture powerhouse Andreessen Horowitz as a part-time “Special Advisor.” Summers got to know the firm with an assist from Facebook COO Sheryl Sandberg, who was a student of his when he was a professor at Harvard University.
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Stereo Magnate Harman Dies

Sidney Harman, the founder of a stereo-equipment empire who last year purchased Newsweek magazine, died Tuesday night of complications from acute myeloid leukemia. He was 92 years old.

People Like iPad Magazine Ads! (Says iPad Magazine Company)

Have you bought an ad in an iPad magazine in the last year? Then you’re in luck! (The problem: Not enough people have bought iPad magazines in the last year.)

Exclusive: Chegg Buys Cramster

According to sources close to the situation, online textbook rental company Chegg has acquired Cramster, a social online homework help platform. The Cramster purchase is one in a series of start-up buys that Chegg has been making of late, part of a strategy to be a central place for student needs.

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House Committee Asks Professor to Censor Facebook Remarks

In an unusual move, the House Subcommittee on Commerce, Trade and Consumer Protection asked a Columbia University Law School professor to censor his remarks in a hearing about online privacy legislation. “We as members of Congress are never inclined to censor testimony in open congressional hearings,” Rep. Zachary Space, an Ohio Democrat, said when introducing the professor, Eben Moglen. “But Congress tries to foster highest level of decorum. I would ask you to avoid personal attacks against any companies or company employees.”

FTC Gives Ed Felten Freedom to Tinker

Looks like the Federal Trade Commission got its first choice of Chief Technologist, because it’s hard to think of anyone better to serve in that capacity than Princeton computer science professor Ed Felten, a guy whose CV makes everyone from Microsoft to Diebold shudder in embarrassment.

Exclusive: Chegg Raises $75 Million in Additional Funding from Asian Firm

Chegg, the online textbook rental service, has raised another $75 million from Asia-based Ace Limited, according to sources. Ace seems to be nonexistent on the Internet, although sources said it is a Hong Kong-based investment firm. The round comes after a huge Series D investment in late 2009, which already brought Chegg’s funding to a whopping $144 million.

Chegg's Dan Rosensweig Talks About the Next Wave of Online Textbook Rentals and More!

Earlier this week, BoomTown went down to Santa Clara, Calif. to the offices of Chegg, the online textbook rental leader, to pay a visit on longtime Silicon Valley exec Dan Rosensweig. Today, in a bid to expand its offerings beyond books, Chegg said it had acquired Courserank, a Mountain View, Calif. start-up that helps students “share their course schedule, take classes with their friends, read and write reviews on classes and professors as well as find out how professors grade.” Here’s the video.