Bad Share Day: Yahoo Stock Limp After Investor Day (and Google’s Swiping of Its Ad Title)

Apparently, reassurances about its relationship with Chinese partner Alibaba Group and some lively presentations by top execs at a six-hour investor day yesterday did almost nothing for Yahoo shares. Neither did a report showing Google unseating Yahoo as the display ad market leader.

Tim Armstrong Starts at AOL–His Entire 100-Day-Countdown-To-Magic Memo!

Former Google exec Tim Armstrong officially started his job as new AOL chairman and CEO today and sent out a hello-there memo to the troops. According to Armstrong, he is poised to “bring back the magic of AOL.” BoomTown loves magic tricks! Armstrong is also promising to look closely at AOL over the next 100 days, which “will end in Dulles with an All-Hands meeting in mid-July.”
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