News Byte

Celebrity Shopping Service OpenSky Hires Merchandising Exec

OpenSky, the e-commerce company that lets users “follow” celebrities using a Twitter-like system, has hired its first chief merchandising officer. Simon Black joins the New York-based start-up after running merchandising at Eddie Bauer and HSN. OpenSky has raised $49 million from investors including Providence Equity and Highland Capital.

Yahoo Intensifies Search for CEO (With Hulu’s Kilar as One Dream Unicorn Candidate)

Wanted, one magical exec to work miracles against increasingly troublesome dragons. Ability to sparkle a plus.
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Yahoo Stock Gets Gaslit by Bidders Dangling Phantom $20-a-Share Bid

There is no $20 bid for Yahoo today. So why was it suddenly news? Time to blame Wall Street again.
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Ex-Yahoos Getting Downloaded by PE Firms and Others on Possible Deals

Former employees are good for something, apparently!
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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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OpenSky Raises $30 Million for Twitter-Inspired Shopping Site

OpenSky is e-commerce with a Twitter twist: Follow celebrities and experts to get recommendations on the latest food, fashion, design and style.
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Hulu’s Owners Call Off Sale

The video site won’t be bought by Amazon, Google or anyone else. So now that’s over: Who’s going to run it?
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Not So Much on a Microsoft Bid for Yahoo (They’re Crazy, But Not That Crazy)

Is this investment-banker-hype week and no one told me? It certainly seems so from all the almost ridonkulous rumors about everyone and their mother considering making a bid for Yahoo. Microsoft is not.
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Yahoo for Sale: Possible Bidders Circling — Including Marc Andreessen — as Board Pressure Mounts

As Yahoo’s board meets today to talk about what to do next, the unsettled situation at the Silicon Valley Internet giant might overtake them sooner than later.
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As Yahoo Board Meets Tomorrow, Investors Ready Thumbscrews

Welcome to Sunnyvale, Yahoo board! But you might want to wear a disguise when you visit URL’s Cafe!
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Hulu: We’re Profitable, Booming