Exclusive: Yahoo Finally Set to Strike Alibaba Share Deal — Half Now, Then Half of What’s Left After Eventual IPO

Could the never-ending Yahoo-Alibaba deal finally be close to a handshake? Yes, indeedy.
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Code Advisors Takes a $25 Million Investment From J.P. Morgan

Big and little investment banks join hands to take on Silicon Valley better.
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Circling the TV Ads: Google+ Hawks Itself (Video)

Sharing via incessantly sorting all your relationships is apparently now a marketing plus.
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DST, Silver Lake and Yunfeng Lead $1.6B Tender Offer Aimed at Alibaba Employees at $32B Valuation

Big play in China, as big investors pour a fortune into Alibaba Group shares to give its employees some walking-around money.
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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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Exclusive: Carol Bartz Out at Yahoo; CFO Tim Morse Named Interim CEO

According to sources at the company, Yahoo’s Carol Bartz is no longer CEO of Yahoo. CFO Tim Morse has been named interim CEO. The situation around the departure is unclear, but Bartz has had a rocky tenure in her 30 months at the company.
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Revenge Is a Dish Best Served Via a Cool IPO: The Delicious Irony of Myspace, Zynga and Owen Van Natta

How’s this for irony: It was less than a year and a half ago that Owen Van Natta was ousted from his job as CEO of Myspace. But last week — just as the failed social networking site sold for a paltry $35 million — Van Natta could have bought it himself for a fraction of his stake in Zynga, the social gaming phenom that just filed for its IPO and where he’s a top exec and shareholder.
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Exclusive: Microsoft Strategy Exec Hank Vigil to Depart, Will Remain Advisor

Microsoft’s SVP of Strategy and Partnership Hank Vigil will be leaving the software giant to focus on investing in and advising for early-stage start-up companies. But the 25-year company veteran will also become a “strategic adviser” to Microsoft. That’s probably a good idea, since Vigil is one of the company’s most visible and well-liked execs in the tech community, especially in Silicon Valley.
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Yahoo Addresses Alipay Mess: Forget It, Shareholders–It's China.

You’re a very annoying partner for Alibaba, Yahoo. Huh? You know what happens to annoying partners in China? Huh? No? Wanna guess? Huh? No? Okay. They lose their Alipays.