What Bad Economy? Three Big Silicon Valley VCs Poised to Haul in $2B in New Fund Raising.

Despite the bad economy, turbulent markets and lackluster venture returns of late, limited partners looking for an investment edge seem to still be adding more dough to the VC kitty.
a-big-fat-wad-of-money

Don’t Look Away From the Devastation of the Netflix Price Hike (Video)

Is the higher cost of DVD rental “literally the worst thing that has ever happened to white people”? If this spoof is right, give until it hurts!
netflix2

A $1.25 Million Raise For Google's Schmidt

Looks like Eric Schmidt’s new role as executive chairman of Google comes with a proper salary.

Intel Capital, Condé Nast Owner Invest $30 Million in Kno; Intel to Consult on Student Tablet Hardware

According to sources close to the situation, Intel Capital and Advance Publications will lead a $30 million investment round in Kno, the high-profile student tablet start-up. In addition to the funding from its venture capital ark, Intel itself will license the hardware design of Kno, which will now focus on its software to manage the devices that are aimed at the college market.

Cable Rewards Cord Non-Cutters With a Bigger Bill

Even if cord-cutting is real, very few of you are actually going to do it. Your reward from the cable guys? A bigger bill in 2011.

Yahoo Layoffs Coming December 13 (And Not This Week, Though It's Still Bad News)

This will be short and–considering the topic–bittersweet. Despite a report in TechCrunch saying layoffs at Yahoo might be imminent, previously reported termination of employees in its product unit will not take place this week. Actually, according to sources familiar with the situation, they will take place in about two weeks, around December 13th.
LAYOFFS_BOBS_THUMB2

The Landscape Around Google's Hiring Binge

After a year or two of stagnancy, the Google employee count is growing rapidly again. According to a source, a Google engineer recently ended a counteroffer war with Facebook by accepting $6 million worth of Google stock to keep her job there. But the growth spurt and retention efforts seem forced, and unlikely to be the perfect formula to keep the company at the top of the Web heap.

Adding Insult to Injury: Yahoo Is Prepping Layoffs, but Limited to Product Group and More Like 10 Percent

Yahoo is indeed preparing to lay off employees, in a reduction in force that will be done in December. But the layoffs, first reported in TechCrunch, will be closer to 10 percent and be almost completely centered on the product organization under Chief Product Officer Blake Irving, said sources close to the situation.
LAYOFFS_BOBS_THUMB2

Heck of a Job, Karmi

Bad news for Sirius XM shareholders hoping for a change in management: Mel Karmazin’s five-year contract as CEO of the satellite radio provider has been extended through December 2012. And he’s been given a raise and new stock options to boot.
mel-karmazin-sq