Gilt Groupe Launches High-End Grocery. Two Steaks for $180, Anyone?

Welcome to GiltTaste, a high-end grocery service launched today by New York-based Gilt Groupe, which is selling products and ingredients that were previously available only to chefs to people living on Main St. This may be the ultimate example of putting lipstick on a pig.

Liveblogging the Yahoo Earnings Call: It All Depends on Your Definition of What "Wow!" Is

A major Yahoo investor yesterday told me that he liked what he saw so far from new Yahoo CEO Carol Bartz, but he was wary. “I like the sizzle,” he said, referring to Bartz’s decisive take-no-prisoners style. “But I am still waiting to see if steak is there too.” Well, Bartz sizzled at its first-quarter earnings conference call today, tossing off some ribald words as she also handed over some tough news to chew on, announcing Yahoo’s much-expected weak first-quarter results. The company also said it would cut five percent of its staff of 13,600, which is close to 700 employees. BoomTown liveblogged the call with Bartz, who noted about Yahoo: “The most important takeaway was the importance of having a ‘Wow!’ experience.”
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It's Actually About Figuring Out How to Sell the Sizzle and Not the Steak, Dean

BoomTown read a ton of the various columns reacting to the Associated Press’s announcement of a new initiative to–as near as I can tell–stop the Internet from being the Internet. I tease, as it is a lot more complicated than that. But AP board Chairman and MediaNews group CEO Dean Singleton seemed very exercised about his mission to “protect news content from misappropriation.” It’s going to surely be an interesting debate, kicked off by a very curious quote Singleton gave to paidContent.org: “Print is still the meat. Online’s the salt and pepper.” A tasty debate!
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