Computer Security Legend Mudge Leaves DARPA for Google Job

DARPA’s super hacker takes an unspecified job at the search giant.
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Yahoo CEO Marissa Mayer Gets a Million-Dollar Bonus After Six Months on the Job

With stock up since she arrived, it’s probably a bargain to investors.
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News Byte

Google Chairman Eric Schmidt to Sell Up to 42 Percent of Stake

Eric Schmidt, former CEO and now Chairman of Google, plans to sell up to 3.2 million shares of his class A common stock in the company, according to an SEC filing published Friday. The amount is equal to approximately 42.1 percent of his overall stake in Google. Schmidt will sell off the shares over the coming year in a “pre-arranged trading plan,” created for a “long-term strategy of individual asset diversification and liquidity.”

The LeWeb Conference Sold to Reed Midem

The European conference gets a new owner.
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Former Yahoo Exec Blake Irving Named CEO of Domain Giant Go Daddy

Another new leader for the Web registration giant.
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News Byte

Yahoo Exec Reses Joins Alibaba Board

Alibaba Group said that top Yahoo exec Jackie Reses had joined its board of directors, taking over a slot most recently held by the company’s former CFO Tim Morse and also previously held by Yahoo co-founder and former CEO Jerry Yang. Reses was named EVP of people and development in September, overseeing human resources and corporate development at the Silicon Valley Internet giant. The board of the Chinese e-commerce company, in which Yahoo still holds a large stake — about 23 percent fully diluted — after selling a multi-billion-dollar chunk recently, also included Alibaba’s top execs Jack Ma and Joe Tsai, as well as SoftBank’s CEO Masayoshi Son. Japan’s SoftBank also has a major investment in Alibaba. As part of the buyback agreement with Alibaba, Yahoo has relinquished the right to a second seat.

Can the Hedge Fund Dudes Save Groupon’s Stock?

The capitalist kind can be very helpful.
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