Yahoo to Shutter Cairo Office to “Streamline Operations” Globally

Yahoo closes up shop in Egypt.
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Hearst Taps Demand Media’s Bradford and Yucaipa’s Johnson to “Redefine” the San Francisco Chronicle

Can the City by the Bay finally get the newspaper it deserves?
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Jon Rubinstein Joins Board of Qualcomm, as Mobile Chipmaker Ups Its Silicon Valley Cred

The longtime mobile exec is a high-profile appointment.
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Movile’s Bloisi Says Wi-Fi and Cheaper Prices Are Key for Smartphone Penetration in Latin America

The founder and CEO of Brazil’s largest mobile services company thinks the next four years will see a boom in the important region.
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Yahoo’s Longtime Top Lawyer Mike Callahan Departs (Internal Memo!)

The top legal eye flies away from the Silicon Valley Internet giant.
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Yahoo Beats Q1 Expectations (as Expected) — Now, Will New CEO Outline More Strategery on Investor Call?

An upside non-surprise as we await pearls of wisdom from new CEO Scott Thompson.
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It’s Official: Yahoo Reorgs Itself Just Like We Said (Memo Time!)

Yahoo CEO Scott Thompson just sent this note to Yahoo employees, about a new leadership organization for the company.
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News Byte

LinkedIn Nabs Dow Jones Exec in Asia

LinkedIn has hired Olivier Legrand to run its advertising business in the Asia Pacific region, where the business networking site has more than 20 million members. Legrand has most recently been running digital initiatives in Asia for News Corp.’s Dow Jones, including The Wall Street Journal.

News Byte

As Expected, Yahoo Marketing Head Departs Company

Yahoo marketing head Elisa Steele, who was recently involved in an internal overhaul that shifted the major marketing functions back to the regions of the Silicon Valley Internet giant from its global centralized one — is leaving the company on Friday. At the time of the reorg, Steele had indicated that she was likely leaving Yahoo and sources said she had no plans as yet to move to another position.

Yahoo’s Jerry Yang and Rose Tsou on to Sell or Not to Sell, Asia and More: The Full AsiaD Interview (Video)

The co-founder of Yahoo will try to answer all your questions now.
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