100 posts and columns on Silicon Alley Insider
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.
Hard times? Sure, for mere mortals. But at Google, things are back to normal: The company signaled months ago that it had made it through the recession without much problem. Wall Street has gotten the message. It expects serious numbers from the search giant when it hands in its earnings report card this afternoon.
Yahoo has hired a new head of mergers and acquisitions–former General Electric M&A exec Andrew Siegel, who will now be VP of corporate development. Yahoo CFO Tim Morse dropped the news with no details about that title in an interview with The Wall Street Journal about the Silicon Valley Internet giant’s third-quarter earnings. One question apparently not answered was what exactly is the status of its current top M&A exec, Greg Mrva–who has had the title Siegel now has posted on his LinkedIn profile–as well as that of VP of mergers and acquisitions more recently.
Five months after Google sales boss Tim Armstrong left for AOL, his old company is still reshaping its sales group. The latest move: David Fischer, who ran the company’s core self-serve ad business, is going on sabbatical later this month and will return to a different post. Newish sales boss Nikesh Arora says he hasn’t found a successor for Fischer and will step into his shoes in the meantime.