Confirmed: Schultz and Efrusy to Leave Groupon Board; “Accounting Types” Joining

Will a shake-up of the board of the daily deals company help its prospects?
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CEO Tim Cadogan Talks About OpenX’s First Profitable Quarter and Where Ad Tech Is Going Next (Video)

The online advertising tech start-up has something to crow about (besides Google not killing it off).
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Acer CEO: We’re Going to Stop Selling Cheap, Unprofitable Crap

Forward into profitability!
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Liveblogging Yahoo's Q1 Earnings Call: Get Me to Funky Town

MicroHoo is funky! At least according to Yahoo CEO Carol Bartz on the Silicon Valley search giant’s first-quarter earnings conference call about its recent financial performance. Yahoo’s results showed a continued worrisome revenue growth stall, due in large part to a search advertising fall-off, and a still-turning turnaround.

Dear Andrew "No Comment" Mason: How About a Comment on That Unfortunate New Beard?

That Internet sprite, Groupon Co-founder and CEO Andrew Mason, continued in his quest to be the cleverest little entrepreneur on the Web with a very funny post on the Chicago-based start-up’s blog yesterday titled: “No Comment.”

With David Eun Departure, "The AOL Way" Makes Way for the Arianna Way

Despite all the polite throat-clearing in the various internal memos coming out of AOL today, with a rejiggering of its content management–including the ousting of Media and Studios President David Eun–what really happened was what sources said will be an about-face from a recent strategy of how to run its media business. That is likely to begin with the hip-checking of “The AOL Way,” which many sources tell BoomTown was Eun’s brainchild, once the $315 million acquisition of the Huffington Post is completed.

You've Got Arianna: AOL Buys Huffington Post for $315 Million in Cash and Stock, Appoints Huffington Editor in Chief

In a bold and definitive move, AOL is paying $315 million, mostly in cash, to buy the Huffington Post, one of the Web’s most prominent news and opinion sites. As part of the deal, Huffington Post co-founder Arianna Huffington–who was derided by some when she co-founded the left-leaning site in 2005 with investor and well-known communications exec Kenneth Lerer–will become editor in chief of a new unit that has purview over all of AOL content properties. The deal was signed just this afternoon.

Intel Beats Earnings Expectations Despite Slower PC Market

Earnings were up a record 48 percent, while PC revenues were flat and data center sales grew.

Mobile Ad Network Millennial Media Raises $27.5 Million to Fight Apple and Google

Millennial Media has raised a new round of capital today to help it stay independent and fight the Goliaths in the space, like Apple and Google. Will it be enough?

Google's Groupon Offer: $5.3 Billion, With $700 Million Earnout

According to sources close to the situation, Google has offered $5.3 billion for Groupon, in what would be its largest acquisition yet, if completed. Sources said the deal for the Chicago-based social buying site seems likely to be struck, even as early as tomorrow, although it certainly could fall apart right up to the end. But, if done, it will move the search giant instantly to the top spot in local commerce online and give it huge troves of data about consumer buying habits and merchant information across the globe.

RealNetworks Posts Q4 Loss