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	<title>AllThingsD &#187; Warren Buffett</title>
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		<title>Buffett Comments on Trust Issue in Yahoo CEO BioGate: "You've Got a Problem"</title>
		<link>http://allthingsd.com/20120507/buffett-comments-on-yahoo-ceo-biogate-calling-trust-issue-a-problem/</link>
		<comments>http://allthingsd.com/20120507/buffett-comments-on-yahoo-ceo-biogate-calling-trust-issue-a-problem/#comments</comments>
		<pubDate>Mon, 07 May 2012 16:44:06 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[bio]]></category>
		<category><![CDATA[CNBC]]></category>
		<category><![CDATA[computer science]]></category>
		<category><![CDATA[controversy]]></category>
		<category><![CDATA[Daniel Loeb]]></category>
		<category><![CDATA[degree]]></category>
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		<category><![CDATA[Fred Amoroso]]></category>
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		<category><![CDATA[Scott Thompson]]></category>
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		<category><![CDATA[trust]]></category>
		<category><![CDATA[Warren Buffett]]></category>
		<category><![CDATA[Yahoo]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=204521</guid>
		<description><![CDATA[If the sage of Omaha thinks it’s bad, it has moved to much worse.]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20120507/buffett-comments-on-yahoo-ceo-biogate-calling-trust-issue-a-problem/warren-buffett-becky-quick-cnbc/" rel="attachment wp-att-204541"><img src="http://allthingsd.com/files/2012/05/warren-buffett-becky-quick-cnbc-380x285.jpg" alt="" title="warren-buffett-becky-quick-cnbc" width="380" height="285" class="alignright size-medium wp-image-204541" /></a></p>
<p>Activist shareholder Daniel Loeb of Third Point just got an unlikely and powerful ally in his proxy fight against Yahoo: Berkshire Hathaway&#8217;s famed Warren Buffett.</p>
<p>In a wide-ranging interview on CNBC this morning, when asked about the controversy, Buffett said about the Silicon Valley Internet giant&#8217;s excuse that the addition of a false computer science degree to Yahoo CEO Scott Thompson&#8217;s bio was an &#8220;inadvertent error&#8221;:</p>
<p>&#8220;It doesn&#8217;t sound like an inadvertent error &#8230; If I thought as a director, if I thought that an officer had consistently misstated some fact to me, I think I’d probably do something about it,&#8221; said the legendary investor, in part, who also noted he did not know all the facts.</p>
<p>Still, said Buffett: &#8220;If you can&#8217;t trust the people you&#8217;re working with, you&#8217;ve got a problem.&#8221;</p>
<p><em>Ziiiiing</em>, because if the sage of Omaha thinks it&#8217;s bad, it has moved to worse.</p>
<p>And, indeed it has &#8212; earlier today, Loeb lobbed <a href="http://allthingsd.com/20120507/loeb-lobs-lawsuit-as-expected-at-yahoos-borked-bio-mess/">a legal demand for information about Thompson&#8217;s hiring</a> and more.</p>
<p>Yahoo&#8217;s board is <a href="http://allthingsd.com/20120506/as-yahoo-ceo-reaches-out-to-top-staff-board-meets-to-weigh-options-i-e-figuring-out-who-gets-to-take-the-borked-bio-blame/">conducting an investigation into the matter</a>, led by independent director Fred Amoroso.</p>
<p><blockquote class="memo" style="background:#faf5e5;font-style:normal;">
<h4 class="subhed">RELATED POSTS:</h4>
<ul>
<li><a href="http://allthingsd.com/20120514/yahoos-parting-with-thompson-will-be-for-cause/">Yahoo’s Parting With Thompson Will Be for “Cause” (a.k.a. CSLie)</a></li>
<li><a href="http://allthingsd.com/20120513/ross-levinsohns-yahoo-plan-back-to-the-future/">Ross Levinsohn’s Yahoo Plan: Back to the Future</a></li>
<li><a href="http://allthingsd.com/20120513/heres-new-yahoo-ceos-first-note-to-troops-the-leaking-internal-memos-to-atd-policy-remains-in-place/">Here’s New Yahoo CEO’s First Note to Troops! (The Leaking-Internal-Memos-to-ATD Policy Remains in Effect As Usual)</a></li>
<li><a href="http://allthingsd.com/20120513/yahoo-officially-confirms-atd-report-on-ceo-changes-and-proxy-settlement/">Yahoo Officially Confirms ATD Report on CEO Changes and Proxy Settlement</a></li>
<li><a href="http://allthingsd.com/20120513/meet-the-man-i-call-the-hair-the-video-stylings-of-yahoos-newest-ceo-ross-levinsohn/">Meet the Man I Call “The Hair”: The Video Stylings of Yahoo’s Newest CEO Ross Levinsohn</a></li>
<li><a href="http://allthingsd.com/20120513/will-thompsons-ouster-mean-a-yahoofacebook-patent-settlement/">Will Thompson’s Ouster Mean a Yahoo-Facebook Patent Settlement Too?</a></li>
<li><a href="http://allthingsd.com/20120513/exclusive-yahoos-thompson-out-levinsohn-in-board-settlement-with-loeb-nears-completion/">Exclusive: Yahoo’s Thompson Out; Levinsohn In; Board Settlement With Loeb Nears Completion</a></li>
<li><a href="http://allthingsd.com/20120511/heidrick-struggles-slaps-back-at-thompsons-yahoo-in-blame-game/">Heidrick &#038; Struggles Slaps Back at Thompson’s Yahoo in Blame Game Over ResuMess</a></li>
<li><a href="http://allthingsd.com/20120511/is-he-in-or-is-he-out-crunchtime-for-scott-thompson-at-yahoo/">Is He In or Is He Out? Crunchtime for Scott Thompson at Yahoo.</a></li>
<li><a href="http://allthingsd.com/20120510/not-so-scott-free-yahoos-other-big-shareholder-cap-re-leaning-toward-supporting-loeb-over-thompson-resumess/">Not So Scott Free? Yahoo’s Other Big Shareholder — Cap Re — Leaning Toward Supporting Loeb Over Thompson ResuMess.</a></li>
<li><a href="http://allthingsd.com/20120509/technations-gunn-says-she-and-yahoo-ceo-talked-about-their-cs-degrees-before-2009-show-video-and-audio/">Tech Nation’s Gunn Says She and Yahoo CEO Discussed Their CS Degrees Before 2009 Show (Video and Audio)</a></li>
<li><a href="http://allthingsd.com/20120509/loeb-again-calls-for-thompson-firing-from-yahoo-as-former-ebay-boss-support-him/">Loeb Calls Again for Thompson Firing From Yahoo, as Former eBay Boss Supports Him</a></li>
<li><a href="http://allthingsd.com/20120509/place-your-bets-will-loeb-drop-another-bomb-on-yahoo-at-vegas-confab-later-today/">Place Your Bets: Will Loeb Drop Another Bomb on Yahoo at Vegas Confab Later Today?</a></li>
<li><a href="http://allthingsd.com/20120508/exclusive-yahoo-director-in-charge-of-botched-ceo-vetting-to-step-down-from-board/">Exclusive: Yahoo Director in Charge of Botched CEO Vetting to Step Down From Board</a></li>
<li><a href="http://allthingsd.com/20120507/ceo-apologizes-to-yahoos-but-will-the-mea-culpa-work-without-an-explanation-for-the-borked-bio-memo/">CEO Says Sorry to Yahoos for Borked Bio “Distraction” — But Will Mea Culpa Work Without an Apology for Error? (Memo)</a></li>
<li><a href="http://allthingsd.com/20120507/buffett-comments-on-yahoo-ceo-biogate-calling-trust-issue-a-problem/">Buffett Comments on Trust Issue in Yahoo CEO BioGate: “You’ve Got a Problem”</a></li>
<li><a href="http://allthingsd.com/20120507/loeb-lobs-lawsuit-as-expected-at-yahoos-borked-bio-mess/">Loeb Lobs Lawsuit, as Expected, at Yahoo’s Borked Bio Mess</a></li>
<li><a href="http://allthingsd.com/20120506/as-yahoo-ceo-reaches-out-to-top-staff-board-meets-to-weigh-options-i-e-figuring-out-who-gets-to-take-the-borked-bio-blame/">As Yahoo CEO Reaches Out to Top Staff, Board Meets to Weigh “Options” (I.E., Deciding Who Gets to Take the Borked Bio Blame)</a></li>
<li><a href="http://allthingsd.com/20120506/yahoo-should-expect-incoming-lawsuit-lobbed-by-loeb-tomorrow-on-ceo-hiring/">Yahoo Should Expect Incoming Lawsuit Lobbed by Loeb Tomorrow on CEO Hiring</a></li>
<li><a href="http://allthingsd.com/20120505/they-shoot-yahoo-ceos-dont-they-but-not-without-a-really-smoking-gun-and-a-much-stronger-board/">They Shoot Yahoo CEOs, Don’t They? But Not Without a <em>Really</em> Smoking Gun and a Much Stronger Board.</a></li>
<li><a href="http://allthingsd.com/20120504/yahoos-thompson-speaks-asks-employees-to-stay-focused-except-not-on-him-memo/">Yahoo’s Thompson Asks Employees to “Stay Focused” — Except Not on <em>Him</em></a></li>
<li><a href="http://allthingsd.com/20120503/in-2009-interview-yahoo-ceo-does-not-deny-he-has-a-cs-degree-and-calls-himself-an-engineer/">In 2009 Interview, Yahoo CEO Does Not Deny He Has a CS Degree, and Calls Himself an “Engineer” (Audio)</a></li>
<li><a href="http://allthingsd.com/20120503/yahoos-board-will-review-resume-discrepancy-of-ceo/">Yahoo’s Board Will “Review” Resume Discrepancy of CEO</a></li>
<li><a href="http://allthingsd.com/20120503/how-did-phantom-cs-degree-get-on-ceos-bio-in-sec-filings-yahoos-not-saying/">How Did a Phantom CS Degree Get on CEO’s Bio in SEC Filings? Yahoo’s Not Saying.</a></li>
<li><a href="http://allthingsd.com/20120503/yahoos-response-on-computer-science-resumegate-inadvertent-error/">Yahoo’s Response on CEO’s Computer Science ResumeGate: “Inadvertent Error”</a></li>
<li><a href="http://allthingsd.com/20120503/dan-loeb-alleges-discrepancies-on-yahoo-ceo-scott-thompsons-resume-related-to-computer-science-degree/">Dan Loeb Alleges “Discrepancies” on Yahoo CEO Scott Thompson’s Resume Related to Computer Science Degree</a></li>
</ul>
</blockquote>
</p>
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		<title>Warren Buffett on Apple, Google: Do Not Want</title>
		<link>http://allthingsd.com/20120507/warren-buffett-on-apple-google-do-not-want/</link>
		<comments>http://allthingsd.com/20120507/warren-buffett-on-apple-google-do-not-want/#comments</comments>
		<pubDate>Mon, 07 May 2012 11:11:42 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Warren Buffett]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=204213</guid>
		<description><![CDATA[Warren Buffett wouldn't bet against Apple and Google, but he won't invest in them, either.]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/files/2012/05/Warren_buffett_DONOTWANT.jpg"><img src="http://allthingsd.com/files/2012/05/Warren_buffett_DONOTWANT-370x285.jpg" alt="" title="Warren_buffett_DONOTWANT" width="370" height="285" class="alignright size-medium wp-image-204215" /></a>Warren Buffett wouldn&#8217;t bet against Apple and Google, but he won&#8217;t invest in them, either. </p>
<p>Speaking at <a href="http://dealbook.nytimes.com/2012/05/05/live-blog-berkshires-2012-annual-meeting/">Berkshire Hathaway&#8217;s annual meeting over the weekend</a>, the legendary investor said he had no interest in buying shares of either Apple or Google because he views them as risky investments. </p>
<p>&#8220;I would not be at all surprised to see them be worth a lot more money 10 years from now, but I would not buy either one of them,&#8221; Buffett said of the two companies. &#8220;I sure as hell wouldn&#8217;t short them, either.&#8221;</p>
<p>Why is Buffett reluctant to buy into two such tech juggernauts &#8212; particularly Apple, which some analysts are betting will become <a href="http://allthingsd.com/20120426/apple-1111-per-share-and-a-1-trillion-market-cap-in-the-next-year/">the world’s first trillion-dollar company</a>? It&#8217;s not like he hasn&#8217;t invested in tech before. <a href="http://online.wsj.com/article/SB10001424052970204323904577037742077676990.html">Berkshire Hathaway did plow $10.7 billion into IBM last November.</a></p>
<p>He thinks Apple and Google are too risky of an investment, and he doesn&#8217;t know enough about either company to see them as &#8220;inevitable&#8221; winners. &#8220;We couldn&#8217;t predict what would happen to Apple 10 years ago, and we can&#8217;t predict what will happen to it 10 years from now,&#8221; Buffett said.</p>
<p>Fair enough. But really, isn&#8217;t that just another way of saying &#8220;we missed them&#8221;?</p>
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		<title>Warren Buffett Says He May Buy More Newspapers</title>
		<link>http://allthingsd.com/20120505/warren-buffett-says-he-may-buy-more-newspapers/</link>
		<comments>http://allthingsd.com/20120505/warren-buffett-says-he-may-buy-more-newspapers/#comments</comments>
		<pubDate>Sat, 05 May 2012 21:24:05 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[advertising]]></category>
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		<category><![CDATA[newspapers]]></category>
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		<category><![CDATA[Washington Post]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=204076</guid>
		<description><![CDATA[Berkshire Hathaway's Warren Buffett, who owns the Buffalo News, the Omaha World-Herald and a big chunk of the Washington Post, told shareholders today that he may buy more newspapers. "I think there is a future for newspapers that exist in an area where there is a sense of community," he said. "I think the economics will be ok, but it will be nothing like the old days."]]></description>
			<content:encoded><![CDATA[<p>Berkshire Hathaway&#8217;s Warren Buffett, who owns the Buffalo News, the Omaha World-Herald and a big chunk of the Washington Post, <a href="http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9248362/Warren-Buffett-tells-Omaha-gathering-he-may-buy-more-newspapers.html">told shareholders today that he may buy more newspapers</a>. &#8220;I think there is a future for newspapers that exist in an area where there is a sense of community,&#8221; he said. &#8220;I think the economics will be ok, but it will be nothing like the old days.&#8221;</p>
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		<title>Andreessen Horowitz Partners Pledge Half Their VC Income to Philanthropy</title>
		<link>http://allthingsd.com/20120425/andreessen-horowitz-partners-pledge-half-their-vc-income-to-philanthropy/</link>
		<comments>http://allthingsd.com/20120425/andreessen-horowitz-partners-pledge-half-their-vc-income-to-philanthropy/#comments</comments>
		<pubDate>Wed, 25 Apr 2012 20:45:28 +0000</pubDate>
		<dc:creator>Liz Gannes</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Andreessen Horowitz]]></category>
		<category><![CDATA[Ben Horowitz]]></category>
		<category><![CDATA[John Doerr]]></category>
		<category><![CDATA[Marc Andreessen]]></category>
		<category><![CDATA[Mike Moritz]]></category>
		<category><![CDATA[philanthropy]]></category>
		<category><![CDATA[Warren Buffett]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=200108</guid>
		<description><![CDATA[Marc Andreessen and Ben Horowitz say they want to improve venture capital's image by committing to philanthropy.]]></description>
			<content:encoded><![CDATA[<p>The six general partners of Andreessen Horowitz are taking on a modified version of Warren Buffett&#8217;s &#8220;Giving Pledge&#8221; for billionaires. Today, they&#8217;ve pledged to give at least half the income made from their venture capital careers to philanthropic causes, during their lifetimes.</p>
<div class="mceTemp">
<dl id="attachment_200112" class="wp-caption alignright" style="width: 390px;">
<dt class="wp-caption-dt"><a href="http://allthingsd.com/files/2012/04/andreessen_horowitz.png"><img class="size-full wp-image-200112" title="andreessen_horowitz" src="http://allthingsd.com/files/2012/04/andreessen_horowitz.png" alt="" width="380" height="285" /></a><span class="media-attribution">Andreessen Horowitz</span></dt>
<dd class="wp-caption-dd"></dd>
</dl>
</div>
<p>This is something top VCs John Doerr and Mike Moritz have done personally, but AH is making a point of pledging as a firm.</p>
<p>As Ben Horowitz put it during a phone interview this morning, &#8220;When we started the firm three years ago, neither Marc nor I had a lot of fancy hobbies to do like playing polo, so we weren&#8217;t sure what we were going to do with the money if we were really successful anyways.&#8221;</p>
<p>Now, he said, &#8220;I think we&#8217;re getting a little more confident that we&#8217;ll return something and make some money.&#8221; AH <a href="http://www.pehub.com/146990/andreessen-horowitz-has-%E2%80%9Cnearly-returned%E2%80%9D-fund-one-yet-critics-remain/">said yesterday</a> that it has returned $288 million of the first $300 million it raised from limited partners for its first fund.</p>
<p>Marc Andreessen added that he hoped other VC firms would join, as sort of a rehabilitation of venture capital&#8217;s public image. &#8220;Investing has become polarizing, which is kind of crazy given we think we&#8217;re in a field that actually adds to the positive,&#8221; he said.</p>
<p>To kick off the pledge, the six partners and their own partners have given a combined $1 million to six Silicon Valley non-profits, including the <a href="http://ehpcares.org/site/">Ecumenical Hunger Program</a> (Jeff and Karen Jordan) and <a href="http://www.shelternetwork.org/">the Shelter Network</a> (Scott and Pamela Weiss).</p>
<p>See also: <a href="http://allthingsd.com/20111115/laura-arrillaga-andreessen-talks-about-giving-2-0/">Laura Arrillaga-Andreessen Talks About Giving 2.0</a>.</p>
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		<title>Billionaire Families Join Pledge on Giving</title>
		<link>http://allthingsd.com/20120421/billionaire-families-join-pledge-on-giving/</link>
		<comments>http://allthingsd.com/20120421/billionaire-families-join-pledge-on-giving/#comments</comments>
		<pubDate>Sun, 22 Apr 2012 01:05:58 +0000</pubDate>
		<dc:creator>Geoffrey A. Fowler</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Voices]]></category>
		<category><![CDATA[Broadcom]]></category>
		<category><![CDATA[Elon Musk]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Geoffrey A. Fowler]]></category>
		<category><![CDATA[Giving Pledge]]></category>
		<category><![CDATA[Henry Samueli]]></category>
		<category><![CDATA[Mark Zuckerberg]]></category>
		<category><![CDATA[PayPal]]></category>
		<category><![CDATA[The Wall Street Journal]]></category>
		<category><![CDATA[Warren Buffett]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=198563</guid>
		<description><![CDATA[The billionaire founders of PayPal and Broadcom Corp. are among a dozen wealthy families that have agreed to give the majority of their wealth to charity, following in the footsteps of technology entrepreneurs such as Bill Gates and Mark Zuckerberg.]]></description>
			<content:encoded><![CDATA[<p>The billionaire founders of PayPal and Broadcom Corp. are among a dozen wealthy families that have agreed to give the majority of their wealth to charity, following in the footsteps of technology entrepreneurs such as Bill Gates and Mark Zuckerberg.</p>
<p>The 12 families on Thursday joined the &#8220;Giving Pledge,&#8221; following 81 other billionaire families that have committed publicly to give away their wealth under the pledge, which was established in June 2010 by Microsoft Corp.&#8217;s founder, Gates, and Warren Buffett, chief executive of Berkshire Hathaway.</p>
<p><a href="http://professional.wsj.com/article/SB10001424052702304331204577354480316474676.html">Read the rest of this post on the original site »</a></p>
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		<title>Warren Buffett Likes IBM's Tune, Becomes Its Biggest Shareholder</title>
		<link>http://allthingsd.com/20111114/warren-buffett-likes-ibms-tune-becomes-its-biggest-shareholder/</link>
		<comments>http://allthingsd.com/20111114/warren-buffett-likes-ibms-tune-becomes-its-biggest-shareholder/#comments</comments>
		<pubDate>Mon, 14 Nov 2011 12:59:44 +0000</pubDate>
		<dc:creator>Arik Hesseldahl</dc:creator>
				<category><![CDATA[Enterprise]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[Big Blue]]></category>
		<category><![CDATA[CNBC]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[State Street]]></category>
		<category><![CDATA[Warren Buffett]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=143672</guid>
		<description><![CDATA[Warren Buffett says he has bought 5.5 percent of IBM, which appears to make him Big Blue's largest shareholder.]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20111114/warren-buffett-likes-ibms-tune-becomes-its-biggest-shareholder/warren-buffett-plays-yukelele/" rel="attachment wp-att-143673"><img src="http://allthingsd.com/files/2011/11/warren-buffett-plays-yukelele-380x285.png" alt="" title="warren-buffett-plays-yukelele" width="380" height="285" class="alignright size-Featured wp-image-143673" /></a>Warren Buffett, the legendary investor and head of Berkshire Hathaway, just said on CNBC that he has spent $10.7 billion to buy about 64 million shares &#8212; about 5.5 percent &#8212; of equity in computing giant IBM.</p>
<p>Buffett made the disclosure in an interview, which at this moment is still underway, on CNBC&#8217;s &#8220;Squawk Box.&#8221; Why IBM? &#8220;They treat their stock with reverence,&#8221; which he says is unusual. </p>
<p>The shares are also on a nice steady climb. IBM ended 2010 at $146.76 and closed Friday at $187.38, good enough for a rise of nearly 28 percent this year.</p>
<p>Berkshire Hathaway&#8217;s 13F disclosure statement with the U.S. Securities and Exchange Commission is due later today. But from my glance at this Yahoo Finance list of <a href="http://finance.yahoo.com/q/mh?s=IBM+Major+Holders">IBM&#8217;s biggest shareholders</a>, it looks like it will eclipse the investment firm State Street as Big Blue&#8217;s biggest institutional shareholder. </p>
<p>IBM shares are going up in premarket trading. As of about 8:40 am ET, the shares were heading up by more than $2, or about 1.1 percent, to $189.46.</p>
<p>Here&#8217;s the video:</p>
<p><object id="cnbcplayer" height="380" width="400" classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=9,0,0,0" ><param name="type" value="application/x-shockwave-flash"/><param name="allowfullscreen" value="true"/><param name="allowscriptaccess" value="always"/><param name="quality" value="best"/><param name="scale" value="noscale" /><param name="wmode" value="transparent"/><param name="bgcolor" value="#000000"/><param name="salign" value="lt"/><param name="flashVars" value="startTime=000"/><param name="flashVars" value="endTime=000"/><param name="movie" value="http://plus.cnbc.com/rssvideosearch/action/player/id/3000057145/code/cnbcplayershare" /><embed name="cnbcplayer" PLUGINSPAGE="http://www.macromedia.com/go/getflashplayer" allowfullscreen="true" allowscriptaccess="always" bgcolor="#000000" height="380" width="400" quality="best" wmode="transparent" scale="noscale" salign="lt" src="http://plus.cnbc.com/rssvideosearch/action/player/id/3000057145/code/cnbcplayershare" type="application/x-shockwave-flash" /></object></p>
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		<title>AOL Officially Adds 5Min to Its Roster. Next?</title>
		<link>http://allthingsd.com/20100928/aol-officially-adds-5min-to-its-roster-next/</link>
		<comments>http://allthingsd.com/20100928/aol-officially-adds-5min-to-its-roster-next/#comments</comments>
		<pubDate>Tue, 28 Sep 2010 13:25:52 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=24003</guid>
		<description><![CDATA[Here's the official press release announcing AOL's acquisition of 5Min Media. Sources familiar with the transaction tell me it's an all-cash deal at the high end of the $50 million to $65 million range I reported earlier today. So let's call it $65 million.]]></description>
			<content:encoded><![CDATA[<p>Here&#8217;s the official press release announcing <a href="http://mediamemo.allthingsd.com/20100927/heres-a-deal-that-is-happening-aol-buying-web-video-distributor-5min/">AOL&#8217;s acquisition of 5Min Media</a>. Sources familiar with the transaction tell me it&#8217;s an all-cash deal at the high end of the $50 million to $65 million range I reported earlier today. So let&#8217;s call it $65 million.</p>
<p>That&#8217;s a nice outcome for 5Min&#8217;s team, and for its investors, who put in $13 million, including Globespan Capital Partners and Spark Capital. (I mistakenly identified Scott Kurnit as an angel investor in the company. He was not.) Interesting that AOL (AOL), which has extensive reach already, felt it needed to invest in a distribution play, but you can read CEO Tim Armstrong&#8217;s explanation below.</p>
<p>And perhaps someone can ask him about it if he makes another <a href="http://mediamemo.allthingsd.com/20100927/the-pros-and-cons-of-a-techcrunchaol-deal/">acquisition announcement</a> in the near future.</p>
<blockquote class="memo"><p>AOL ACQUIRES 5MIN MEDIA, WEB’S LARGEST VIDEO CONTENT SYNDICATION PLATFORM</p>
<p>Combination of 5min Media and AOL’s Video Capabilities Creates Powerful<br />
End-to-End Offering</p>
<p>New York, NY, September 28, 2010 – AOL Inc. [NYSE: AOL] today announced it has acquired 5min Media, the Web&#8217;s largest video syndication platform.*  The acquisition allows AOL to significantly expand its consumer offering of contextually relevant, high-quality video across its sites, increasing the AOL Network’s appeal to advertisers and is expected to further enhance the distribution and monetization of AOL-produced original video content throughout the Web.** Deal terms were not disclosed.</p>
<p>“Our acquisition of 5min Media is the latest in a number of steps we have taken this year to  better position AOL to capture the growing video opportunity on the Web,” said Tim Armstrong, Chairman and Chief Executive Officer of AOL.  “AOL is building a video ecosystem for the next decade. 5min Media is the perfect complement to our powerful video capabilities &#8212; it provides a missing piece in the AOL value chain that completes our end-to-end video offering from content creation through syndication and distribution to the consumer experience and monetization.”</p>
<p>“AOL and 5min Media share the same excitement about the direction our industry is taking, and our complementary video capabilities make us a compelling fit and an attractive combination for content creators and publishers,” said Ran Harnevo, Co-Founder and Chief Executive Officer, 5min Media.  “We’ve seen rapid and successful growth as an independent organization and becoming part of AOL is a natural next step.  We’re confident that AOL’s organizational horsepower, combined with the vast library, audience and syndication capabilities 5min Media offers, present compelling opportunities for AOL as well as the content creators we work with and the publishers we serve.”</p>
<p>Leading Video Syndication Network and Library to Enhance AOL’s Properties</p>
<p>5min Media is the world’s leading video syndication network with a library of more than 200,000 categorized, tagged and rated videos from more than 1,000 of the world&#8217;s largest media companies and professional independent video producers.  Founded in 2006 and headquartered in New York City with offices in Tel Aviv, 5min Media has been named the largest U.S. independent video property by comScore, with more than 20 million unique viewers and more than 130 million video streams (including ad and content videos) in the U.S. in August 2010.  5min Media’s growing network of 800 partner sites allows content creators to reach this audience of targeted viewers across 21 different verticals, including six verticals – Home, Food, Beauty / Fashion, Health, Travel and Pets – that lead their categories, according to comScore Video Metrix, August 2010.  VideoSeed, 5min Media’s proprietary semantic technology, contextually matches the most relevant videos with a partner site’s text content to enhance the consumer experience and increase monetization rates.</p>
<p>AOL has already begun to integrate 5min Media’s video content on its sites through a commercial agreement executed prior to the acquisition.  “With 5min Media we’ll be able to add more video inventory to our pages.  Importantly, we’ll also be able to identify video content holes among our sites, tap our StudioNow capabilities to fill those needs and create a truly ‘demand informed’ video library,” Armstrong said.</p>
<p>Combination Completes Next Step in AOL’s Value Chain</p>
<p>With the addition of 5min Media, AOL will significantly increase its consumer offering in video programming and connect consumers with high-quality video. In January, AOL acquired StudioNow, the premier online platform for quality video content creation and distribution.  With StudioNow, AOL has formed a fully functional platform to produce high-quality video content in a rapid, cost-effective and scalable way for both AOL as well as third-party publishers.  In addition, AOL is forging exciting new partnerships to provide relevant content to specific audiences, including partnering with: The Ellen DeGeneres Show; Marlo Thomas; The Jonas Group and MGX Lab to found Cambio (www.cambio.com); and A Squared Entertainment LLC to create children’s content featuring Warren Buffett, Gisele Bündchen, Martha Stewart and the late Carl Sagan.</p></blockquote>
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		<title>YouTube's New Revenue Plan: Gouge Warren Buffett!</title>
		<link>http://allthingsd.com/20100708/youtubes-new-revenue-plan-gouge-warren-buffet/</link>
		<comments>http://allthingsd.com/20100708/youtubes-new-revenue-plan-gouge-warren-buffet/#comments</comments>
		<pubDate>Fri, 09 Jul 2010 02:48:50 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
				<category><![CDATA[Media]]></category>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=21428</guid>
		<description><![CDATA[Not a terrible idea!]]></description>
			<content:encoded><![CDATA[<p>Here&#8217;s the full text of a blog post titled <a href="http://youtube-global.blogspot.com/2010/07/announcing-youtube-pro.html">&#8220;Announcing YouTube Pro *Wink*,&#8221;</a> posted on the Google-owned (GOOG) site tonight:</p>
<blockquote class="memo"><p>It was with great pleasure that we heard billionaire investor Warren Buffett <a href="http://www.huffingtonpost.com/2010/07/08/warren-buffet-interview-o_n_639104.html">enjoys hours and hours</a> of YouTube watching his favorite videos.</p>
<p>The &#8220;Oracle of Omaha&#8221; also suggested that YouTube should be charging him &#8220;a lot of money&#8221; based on the enjoyment he gets from YouTube. We agree and are happy to announce a new subscription offering: YouTube Pro. Pro will be offered for a limited time at the low price of $100 million/year. We don&#8217;t expect to sell many, but if Mr. Buffett wants to make sure he&#8217;s paying his fair share, we take cash, credit and, for him, personal check.</p></blockquote>
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		<title>YouTube&#039;s New Revenue Plan: Gouge Warren Buffett!</title>
		<link>http://allthingsd.com/20100708/youtubes-new-revenue-plan-gouge-warren-buffet-2/</link>
		<comments>http://allthingsd.com/20100708/youtubes-new-revenue-plan-gouge-warren-buffet-2/#comments</comments>
		<pubDate>Fri, 09 Jul 2010 02:48:50 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
				<category><![CDATA[Media]]></category>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=21428</guid>
		<description><![CDATA[Not a terrible idea!]]></description>
			<content:encoded><![CDATA[<p>Here&#8217;s the full text of a blog post titled <a href="http://youtube-global.blogspot.com/2010/07/announcing-youtube-pro.html">&#8220;Announcing YouTube Pro *Wink*,&#8221;</a> posted on the Google-owned (GOOG) site tonight:</p>
<blockquote class="memo"><p>It was with great pleasure that we heard billionaire investor Warren Buffett <a href="http://www.huffingtonpost.com/2010/07/08/warren-buffet-interview-o_n_639104.html">enjoys hours and hours</a> of YouTube watching his favorite videos.</p>
<p>The &#8220;Oracle of Omaha&#8221; also suggested that YouTube should be charging him &#8220;a lot of money&#8221; based on the enjoyment he gets from YouTube. We agree and are happy to announce a new subscription offering: YouTube Pro. Pro will be offered for a limited time at the low price of $100 million/year. We don&#8217;t expect to sell many, but if Mr. Buffett wants to make sure he&#8217;s paying his fair share, we take cash, credit and, for him, personal check.</p></blockquote>
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		<title>Rich Dude Who Backed New York Times Bumps Tech&#039;s Gates as World&#039;s Wealthiest Man</title>
		<link>http://allthingsd.com/20100311/rich-dude-who-backed-new-york-times-bumps-techs-gates-as-worlds-richest-man/</link>
		<comments>http://allthingsd.com/20100311/rich-dude-who-backed-new-york-times-bumps-techs-gates-as-worlds-richest-man/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 17:31:33 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=25457</guid>
		<description><![CDATA[Microsoft bigwig Bill Gates got hip-checked off the top perch as the richest man in the world by Mexican billionaire Carlos Slim on the annual Forbes list of the world's Richie Richs.

Often in the No. 1 spot, Gates actually got shoved off in 2008 by investor Warren Buffett (now No. 3), with whom he is good friends.

Gates returned to the top rank in 2009, and now Slim--a telecom and more tycoon--has surpassed Gates's net worth of $53 billion slightly with a $53.5 billion kitty.]]></description>
			<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2009/01/carlos-slim.jpg"><img class="alignright size-full wp-image-3293" title="carlos-slim" src="http://mediamemo.allthingsd.com/files/2009/01/carlos-slim.jpg" alt="" width="172" height="250" /></a></p>
<p>Microsoft bigwig Bill Gates got hip-checked off the top perch as the richest man in the world by Mexican billionaire Carlos Slim (pictured here), on the <a href="http://www.forbes.com/2010/03/10/worlds-richest-people-slim-gates-buffett-billionaires-2010_land.html?boxes=Homepagelighttop">annual Forbes list</a> of the world&#8217;s Richie Riches.</p>
<p>Slim came to the rescue of the New York Times (NYT) a year ago, <a href="http://mediamemo.allthingsd.com/20090119/meet-the-new-york-times-new-bank-carlos-slim/">forking over $250 million</a> to help the cash-strapped media company.</p>
<p>Often in the No. 1 spot, Gates actually got shoved off in 2008 by megainvestor Warren Buffett (now No. 3), with whom he is good friends.</p>
<p>Gates returned to the top rank in 2009, and now Slim&#8211;a telecom-and-more tycoon&#8211;has surpassed Gates&#8217;s net worth of $53 billion slightly with a $53.5 billion kitty.</p>
<p>Here are some of the other U.S. tech dudes&#8211;mostly based in Silicon Valley&#8211;on the list, in the Top 100:</p>
<p>No. 6: Oracle (ORCL) CEO and founder Larry Ellison ($28 billion)<br />
No. 24: Google (GOOG) co-founder Sergey Brin ($17.5 billion)<br />
No. 24: Google co-founder Larry Page ($17.5 billion)<br />
No. 33: Microsoft (MSFT) CEO Steve Ballmer ($14.5 billion)<br />
No. 37: Microsoft co-founder Paul Allen ($13.5 billion)<br />
No. 37: Dell (DELL) CEO and founder Michael Dell ($13.5 billion)<br />
No. 43: Amazon (AMZN) CEO and founder Jeff Bezos ($12.3 billion)</p>
<p>Both Apple (AAPL) CEO and co-founder Steve Jobs (No. 136 with $5.5 billion) and Facebook CEO and co-founder Mark Zuckerberg (No. 212 with $4 billion) rank in the longer list.</p>
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		<title>Almost Famous: Flowtown's Ethan Bloch</title>
		<link>http://allthingsd.com/20091213/almost-famous-flowtowns-ethan-bloch/</link>
		<comments>http://allthingsd.com/20091213/almost-famous-flowtowns-ethan-bloch/#comments</comments>
		<pubDate>Sun, 13 Dec 2009 17:00:37 +0000</pubDate>
		<dc:creator>Drake Martinet</dc:creator>
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		<guid isPermaLink="false">http://voices.allthingsd.com/?p=18965</guid>
		<description><![CDATA[This week: We grabbed a coffee with Ethan Bloch, CEO of Flowtown, a platform that aims to help businesses understand the people on their mailing lists.

He swears it's not stalking.]]></description>
			<content:encoded><![CDATA[<p>This week: A coffee shop visit with, some questions for and a few pertinent stats about Ethan Bloch and <a href="http://www.flowtown.com"><strong>Flowtown</strong></a>, software that enables users to enter an email address and get back a rich set of personal info farmed from more than 20 social networks and online services to which they might belong.</p>
<p><img src="http://voices.allthingsd.com/files/2009/12/EthanBloch-tripic.jpg" alt="EthanBloch-tripic" title="EthanBloch-tripic" width="382" height="101" class="photo aligncenter size-full wp-image-18966" /></a></p>
<p><strong>Who</strong>: Ethan Bloch</p>
<p><strong>What</strong>: CEO, Flowtown</p>
<p><strong>Why</strong>: Flowtown&#8217;s platform uses APIs and partnerships to deliver meaningful customer data to businesses with lists of email leads.</p>
<p><strong>Where</strong>: <a href="http://www.ethanbloch.com">ethanbloch.com</a> (personal website); San Francisco (analog); <a href="http://www.twitter.com/ebloch">@ebloch</a> (Twitter)</p>
<p><strong>Who else</strong>: Infusionsoft.com</p>
<hr />
<h4 class="subhed">Five Stats You Won&#8217;t Find in His Facebook Profile</h4>
<p><strong>Worst Job</strong>: I drove a truck delivering industrial rags to Jiffy Lubes; that was probably the worst. I did work at Best Buy (BBY), but I actually liked that. I was &#8220;the closer.&#8221; I could get people who came in to get a laptop to leave with that, the service plans and the gold USB cables.</p>
<p><strong>Has a Geek Crush on</strong>: Warren Buffett. I have a finance background and I just like his philosophy on life.</p>
<p><strong>Gadget he wants for Christmas</strong>: A Kindle. I&#8217;m an Amazon (AMZN) fanboy.</p>
<p><strong>Wishes There Was an App For</strong>: One that tells you about how much a taxi ride should cost between any two places in a major city. I always feel like I&#8217;m getting ripped off.</p>
<p><strong>Freely Admits</strong>: He owns an AK-47 (a legal one).</p>
<hr />
<h4 class="subhed">Bio in 140 Characters</h4>
<p>Ethan recently moved to SF, after finishing a finance degree at University of Florida. Flowtown is his first Silicon Valley venture.</p>
<hr />
<h4 class="subhed">The Five Questions</h4>
<p class="question"><em>What problem are you solving?</em></p>
<p>Essentially, we are a platform to help businesses connect with their customers everywhere in the social Web. Starting with an email address, we can tell you who a person is [including] name, age, gender, occupation, location, and what social networks they are on. Then, we give [businesses] tools to go and interact with that person.</p>
<p><img src="http://voices.allthingsd.com/files/2009/12/small-flowtown-logo.png" alt="small-flowtown-logo" title="small-flowtown-logo" width="223" height="65" class="alignright size-full wp-image-18978" /></a></p>
<p>The problem that we are solving is that for a decade, businesses have been collecting email addresses but don&#8217;t know how to leverage them in the social Web. We help create those connections and let businesses have personal conversations with their customers.</p>
<p class="question"><em>How does a business have 10,000 personal conversations?</em></p>
<p>That&#8217;s the big problem we are going after. Right now, [the answer] is turning an email address into a social connection. Then you can start a conversation. The bigger issue is how you stay relevant to 10,000 people; whether you are a personal brand or Procter &#038; Gamble (PG).</p>
<p class="question"><em>This sounds a little creepy. What does Flowtown know about me?</em></p>
<p>[Ethan enters three of my email addresses into the interface.]</p>
<p>Well, It looks like your given name is Edward, you are male, and live in San Diego, although that may be a little out of date. I&#8217;ve got a short resume here courtesy of LinkedIn that puts you currently in a Masters program at Stanford [University] and as an Intern at <strong>AllThingsD</strong>. It looks like you’ve got a couple Flickr accounts, a LinkedIn profile, Facebook; your Twitter handle is @withdrake, you subscribe to several newspapers online, have WordPress and Pandora accounts and are a member of Match.com [<em>busted!</em>].</p>
<p class="question"><em>Wow, that was almost scary good. Where are you harvesting this?</em></p>
<p>This is all APIs, except in the case of Facebook and LinkedIn. We show up to five social networks, along with Amazon. We search Facebook, by way of a partner. We get more data than that [as seen in the search we just ran], but we are unsure how far down we want to go as far as the individual user. We don&#8217;t want to get too “stalkerish.&#8221; We could tell businesses who an individual is based on their occupation, age, location, etc. We do show that in the aggregate, but currently won&#8217;t display it at the individual level.</p>
<p class="question"><em>What was the drive to get into this business? </em></p>
<p>Well, for both Dan Martell [co-founder] and I, it&#8217;s really about serving small businesses. In the late &#8217;90s, my dad owned a small business and wanted to use the Internet to generate more business. He got sold on this online marketing package, this video, and really got taken advantage of.</p>
<p>Ever since then I&#8217;ve really been passionate about building products that really ad value to businesses and that really let you see the results you are getting. That&#8217;s really my North Star.</p>
<hr />
<h4 class="subhed">The In Living Color Interview</h4>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=34221006-A3BF-4F01-B992-CC321C064B36&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={34221006-A3BF-4F01-B992-CC321C064B36}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
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		<title>A Clicker To Watch TV Online</title>
		<link>http://allthingsd.com/20091124/a-clicker-to-watch-tv-online/</link>
		<comments>http://allthingsd.com/20091124/a-clicker-to-watch-tv-online/#comments</comments>
		<pubDate>Wed, 25 Nov 2009 01:43:07 +0000</pubDate>
		<dc:creator>Katherine Boehret</dc:creator>
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		<guid isPermaLink="false">http://solution.allthingsd.com/?p=934</guid>
		<description><![CDATA[Katherine Boehret looks at Clicker.com, which helps viewers find their favorite shows online faster.]]></description>
			<content:encoded><![CDATA[<p>Finding TV shows online can be a major hassle. If you can remember which network hosts the show, you then must hunt through a maze of listings of several other television shows on that network&#8217;s Web site to find it. The show you want to watch might not even be available since many networks rotate only a handful of recent episodes online at a time. And if you do finally find the correct episode, you may be required to download a special media player to watch it.</p>
<p>Some services make this process a little easier. Hulu holds episodes from 1,200 television shows, but is still missing many. Apple&#8217;s (AAPL) iTunes Store offers over 50,000 episodes, but unlike network sites or Hulu, it requires viewers to pay to download and watch them (though they are commercial-free). Video search engines like Truveo browse the entire Web, returning an often-overwhelming number of results. And while YouTube is the king of Web video, it can too easily return a search result that isn&#8217;t a complete and genuine episode of the show you&#8217;re seeking. </p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=D1797892-419A-49CB-99D5-7745FD8E2386&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={D1797892-419A-49CB-99D5-7745FD8E2386}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
<p>This week, I&#8217;ve been testing <a href="http://www.Clicker.com">Clicker</a>, a free Web site that aims to be the TV Guide for all full episodes available to watch on the Web. It searches over 1,200 sources, so it can index some 400,000 episodes from 7,000 shows. Results include television programs as well as &#8220;Web originals,&#8221; or shows that are native to the Internet and are of broadcast quality. Clicker either plays the video on its site or links you to where this content is shown on another hosting site—like NBC or Hulu. If a show isn&#8217;t available online, Clicker tells you so you don&#8217;t have to keep hunting all over for it. </p>
<p>I like Clicker and found it to be a quick resource for finding all sorts of shows online. In many cases, it directed me to find the episodes I wanted to watch and saved me the hassle of less efficient searching. It also suggested shows I might like and offered a playlist where I could subscribe to receive episodes as they became available or save available videos to watch later. </p>
<div class="media-CENTER" style="width:360px;"><a href="http://online.wsj.com/public/resources/images/PJ-AS576_MOSSBE_OR_20091124221750.jpg" rel="lightbox" title="MOSSBERG_d1"><img src="http://online.wsj.com/public/resources/images/PJ-AS576_MOSSBE_OR_20091124221750.jpg" width="360" height="384" style="float: none;" alt="MOSSBERG_d1" /></a></p>
<p>Clicker makes descriptive pages about each show</p></div>
<p>Though it has a search box, Clicker feels more like a directory than purely a robotic search engine that relies mainly on algorithms. In fact, Clicker created a descriptive page for almost every show, and these pages can be edited or created via user submissions, which Clicker will review before posting them to the site. And because it&#8217;s focused on TV shows or Web originals, it won&#8217;t clutter your results with kids&#8217; birthday parties or cats on skateboards.</p>
<p>The site is still rather new, so it has some kinks to work out—like links to videos that didn&#8217;t actually play if, for example, they were pulled by the network. But these were rare, and for the most part, if a video wasn&#8217;t available, a clear, brief explanation was displayed at the top of the page. Also, if Clicker sends you back out to a network&#8217;s site and that network uses a special player for videos, you&#8217;ll still have to download that player.</p>
<h5 class="subhed">Filtering Results</h5>
<p>Clicker&#8217;s program pages contain a description of the show, and a way to filter results by season, airdate or popularity. And the site shows the actual airdate of each video—something that not many other sites do. A column on the right side of each page displays several related shows, like the suggestion of &#8220;Modern Family&#8221; for fans of &#8220;How I Met Your Mother&#8221;; and &#8220;Roswell&#8221; and &#8220;Dead Like Me&#8221; suggested for people who like &#8220;Heroes.&#8221; In December, these recommendations will become even more personalized.</p>
<p>Some of Clicker&#8217;s sources include NBC, Fox, ABC, PBS, the Food Network and Web original content (i.e. &#8220;The Onion&#8221;). It also can search movies and music videos; the movies can be watched free in some cases, or paid for via Amazon&#8217;s (AMZN) Video on Demand or Netflix (NFLX) Instant Streaming. In January, Clicker plans to incorporate shows and movies from iTunes, using Apple&#8217;s pay-and-download method. </p>
<p>Clicker is especially handy when you&#8217;re looking for a show that isn&#8217;t where you think it should be. &#8220;Seinfeld,&#8221; for example, is on TBS rather than NBC, where it originally aired, and only nine episodes are available at once before they rotate out and are replaced by nine more. &#8220;Friends&#8221; is found on <a href="http://www.theWB.com">theWB.com</a>, rather than on NBC&#8217;s site. &#8220;Damages&#8221; isn&#8217;t available on its network site, FX; instead, it can be found at <a href="http://www.Crackle.com">Crackle.com</a>, another video-hosting site. It&#8217;s easy to understand why people settle for missing an episode rather than trying to find a show online. </p>
<div class="media-CENTER" style="width:360px;"><a href="http://online.wsj.com/public/resources/images/PJ-AS574_mossbe_G_20091124222857.jpg" rel="lightbox" title="mossbergJ"><img src="http://online.wsj.com/public/resources/images/PJ-AS574_mossbe_G_20091124222857.jpg" width="360" height="240" style="float: none;" alt="mossbergJ" /></a></p>
<p>Clicker finds over 400,000 television and Web-original episodes so you can search less and watch more.</p></div>
<p>Clicker also comes in handy when you&#8217;re querying something or someone you need to learn about. By typing in a term like &#8220;Thanksgiving travel,&#8221; I get news results from NBC&#8217;s &#8220;Nightly News with Brian Williams,&#8221; the &#8220;CBS Evening News&#8221; and the Associated Press. I also get tips for traveling during this busy time of year from an AOL Travel online video, as well as a 1968 episode of &#8220;The Beverly Hillbillies&#8221; called &#8220;The Thanksgiving Spirit.&#8221; </p>
<p>Clicker isn&#8217;t the site to use if you want to find the hot video clip that everyone is watching. When I searched for &#8220;Whitney Houston&#8221; the morning after the American Music Awards, the most recent video I found was the singer performing on &#8220;Good Morning America&#8221; in September—not the one showing her singing during the awards show the night before. </p>
<p>But the fact that Clicker can find Whitney Houston on &#8220;Good Morning America&#8221; is useful in itself. A search for Warren Buffett&#8217;s most recent appearance on the &#8220;Charlie Rose&#8221; show can be conducted in a similar manner—either by typing his name into the box at the top of the page or by opening the show&#8217;s page and searching within that show for anyone who has appeared as a guest. Performing a search within a show like this anywhere else is nowhere near as easy as on Clicker. </p>
<h5 class="subhed">Playlist of Your Shows</h5>
<p>Clicker can be used as a TiVo (TIVO) of sorts if you create a username on the site or simply sign in using Facebook Connect, which I did. </p>
<p>Users can make playlists where they can add just one episode, all episodes, or new episodes to this list—subscribing to receive all new episodes in the playlist as they become available. I added episodes of &#8220;The Amazing Race&#8221; and &#8220;It&#8217;s Always Sunny in Philadelphia&#8221; to my playlist. This list can be accessed anytime, and it&#8217;s helpful for people who don&#8217;t have enough time to watch a show that they found. In December, email and Facebook notifications will be added to tell users that new episodes are in their playlists.</p>
<p>If you spend a lot of time in front of your computer and find yourself searching all over the Web for the TV shows you&#8217;d like to watch, Clicker will be a huge help. And even if your show isn&#8217;t available, you might find something similar—or better—in Clicker&#8217;s recommendations. </p>
<p class="tagline">Edited by Walter S. Mossberg. Email  <a href="mailto:mossbergsolution@wsj.com">mossbergsolution@wsj.com</a></p>
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		<title>Warren Buffett at Fortune Women&#039;s Conference: On the Economy and George Clooney</title>
		<link>http://allthingsd.com/20090915/warren-buffett-at-fortune-womens-conference-on-the-economy-and-george-clooney/</link>
		<comments>http://allthingsd.com/20090915/warren-buffett-at-fortune-womens-conference-on-the-economy-and-george-clooney/#comments</comments>
		<pubDate>Tue, 15 Sep 2009 19:01:58 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=18529</guid>
		<description><![CDATA[Folksy set was on the highest burner possible at Fortune magazine's Most Powerful Women's conference this morning, as legendary financial investor Warren Buffett took to the stage.

Buffett, who was interviewed by Fortune's terrific Carol Loomis onstage in Carlsbad, Calif., held forth to the crowd--made up mostly of women--having instructed Loomis previously to "do anything with me...I like your crowd."]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/09/DSC6799.jpg"><img src="http://kara.allthingsd.com/files/2009/09/DSC6799-250x166.jpg" alt="_DSC6799" title="_DSC6799" width="250" height="166" class="alignright size-medium wp-image-18531" /></a></p>
<p>Folksy set was on the highest burner possible at <a href="http://www.timeinc.net/fortune/conferences/mpws/women_home.html">Fortune magazine&#8217;s Most Powerful Women&#8217;s conference</a> this morning, as legendary financial investor Warren Buffett took to the stage.</p>
<p>Buffett, who was interviewed by Fortune&#8217;s terrific Carol Loomis onstage in Carlsbad, Calif., held forth to the crowd&#8211;made up mostly of women&#8211;having instructed Loomis previously to &#8220;do anything with me&#8230;I like your crowd.&#8221;</p>
<p>And, of course, the crowd loved Buffett, who has become a Midwestern Yoda, dispensing snippets of sage advice and clever aphorisms to unabashed fans.</p>
<p>Oh, yes, he also has turned himself into one of the world&#8217;s richest men while doing it, presiding for decades over his Berkshire Hathaway (BRK.A) conglomerate.</p>
<p>In the interview, Loomis quizzed Buffett about a range of topics, mostly centering on the economy and the rescue of Wall Street by the federal government.</p>
<p>&#8220;I think they&#8217;ve done a terrific job, all things considered,&#8221; said Buffett about the performance of regulators.</p>
<p>While he said he did not agree with all of the more costly aspects of the various bailouts, he noted that the dire situation needed drastic action.</p>
<p>&#8220;We were right at the brink&#8230;.This country was becoming not only economically dysfunctional, but inoperative,&#8221; said Buffett about the econalypse. &#8220;We came so close to a meltdown.&#8221;</p>
<p>Today, he is much more sanguine about the economic situation, while also noting it was not all sunshine and daisies.</p>
<p>&#8220;There are no green shots, but I don&#8217;t see anything getting worse either,&#8221; said Buffett.</p>
<p>Joking, he noted that the recovery could be quicker if the housing stock was made smaller by blowing up one million houses and allowing &#8220;14-year olds to start cohabiting.&#8221;</p>
<p>It was an adorkably funny comment, as was his answer to a question from an audience member about who should play him in a movie of his life: George Clooney, of course, but &#8220;Danny DeVito&#8217;s out.&#8221;</p>
<p>Mostly, what struck BoomTown was Buffett&#8217;s firm belief in the strength of the system that we have built in the U.S.</p>
<p>&#8220;This system works magnificently,&#8221; he said flatly.</p>
<p>Well, Buffett is magnificent for dang sure.</p>
<p>Here&#8217;s are video snippets of him at the conference&#8211;sorry it is a little tinny&#8211;talking about women&#8217;s underwear, the resilience of the U.S. and why it will be okay in the end:</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=2325598B-A6E6-4074-BD5D-AC6310039B94&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={2325598B-A6E6-4074-BD5D-AC6310039B94}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
<p><em>[Photo courtesy of Fortune magazine.]</em></p>
]]></content:encoded>
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		<item>
		<title>Yahoo&#039;s Bartz (No. 8), Facebook&#039;s Sandberg (No. 22), Google&#039;s Mayer (No. 44) and More Techies Make Fortune&#039;s 50 Most Powerful Women List</title>
		<link>http://allthingsd.com/20090911/yahoos-bartz-8-facebooks-sandberg-22-googles-mayer-22-and-more-techies-makes-fortunes-50-most-powerful-women-list/</link>
		<comments>http://allthingsd.com/20090911/yahoos-bartz-8-facebooks-sandberg-22-googles-mayer-22-and-more-techies-makes-fortunes-50-most-powerful-women-list/#comments</comments>
		<pubDate>Fri, 11 Sep 2009 07:15:02 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[50 Most Powerful Women]]></category>
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		<category><![CDATA[Carlsbad]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=18347</guid>
		<description><![CDATA[Time Inc.'s Fortune magazine--which never met a list it did not like to make--had a solid group of women tech types on its "50 Most Powerful Women 2009&#8221; roster, the annual survey that it posted yesterday.

Yahoo CEO Carol Bartz made the Top Ten this year, clocking in at No. 8, along with a lot of other tech-savvy women in Silicon Valley and elsewhere.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/09/hd-MPW-lg4.gif"><img src="http://kara.allthingsd.com/files/2009/09/hd-MPW-lg4-250x35.gif" alt="hd-MPW-lg4" title="hd-MPW-lg4" width="250" height="35" class="aligncenter size-medium wp-image-18348" /></a></p>
<p>Fortune magazine&#8211;which never met a list it did not like to make&#8211;had a solid group of women tech types on its <a href="http://money.cnn.com/magazines/fortune/mostpowerfulwomen/2009/full_list/">&#8220;50 Most Powerful Women 2009&#8221;</a> roster, the annual survey it posted yesterday.</p>
<p>Yahoo CEO Carol Bartz made the Top Ten this year, clocking in at No. 8.</p>
<p>Other women geek types&#8211;many from Silicon Valley&#8211;on the list include:</p>
<p>Ursula Burns, CEO of Xerox (XRX) at No. 9; IBM (IBM) Global Sales and Distribution SVP Ginni Rometty at No. 11; Oracle (ORCL) President Safra Catz at No. 12; Hewlett-Packard (HPQ) Technology Solutions Group EVP Ann Livermore at No. 13; Facebook COO Sheryl Sandberg at No. 22; Charlene Begley, president and CEO, GE (GE) Enterprise Solutions at No. 27; Lorrie Norrington, president of eBay (EBAY) Marketplaces at No. 40; HP CFO Cathie Lesjack at No. 42; and, finally, Google (GOOG) Search Products and User Experience VP Marissa Mayer at No. 44.</p>
<p>The <a href="http://www.timeinc.net/fortune/conferences/mpws/women_home.html">conference associated with the Fortune issue</a>, spearheaded by Pattie Sellers, will take place next week, starting Monday, in Carlsbad, Calif.</p>
<p>Fortune is part of Time Inc., which is owned by Time Warner (TWX).</p>
<p>Bartz, Sandberg and others will be interviewed onstage, along with Berkshire Hathaway (BRK.A) chairman and CEO Warren Buffett.</p>
<p>Will BoomTown be in attendance, with my trusty Flip digital video at the ready? Yes, indeedy, so the lady geeks should beware&#8211;and I am talking to <em>you</em>, Sandberg!</p>
<p>Until then, here&#8217;s a cable television interview Bartz did today on CNBC&#8217;s &#8220;Squawk Box.&#8221; Clocking in at almost 12 minutes, it&#8217;s classic Carol, with sassy catchphrases and jokes about being a really tough lady, but with little new news&#8211;except for her saying she would have sold to Microsoft (MSFT) when it was offering $33 a share way back when, because she is not &#8220;stupid.&#8221;</p>
<p>Indeed not.</p>
<p>Here&#8217;s the video:</p>
<p><object id="cnbcplayer" height="380" width="400" classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=9,0,0,0" ><param name="type" value="application/x-shockwave-flash"/><param name="allowfullscreen" value="true"/><param name="allowscriptaccess" value="always"/><param name="quality" value="best"/><param name="scale" value="noscale" /><param name="wmode" value="transparent"/><param name="bgcolor" value="#000000"/><param name="salign" value="lt"/><param name="movie" value="http://plus.cnbc.com/rssvideosearch/action/player/id/1248642312/code/cnbcplayershare"/><embed name="cnbcplayer" PLUGINSPAGE="http://www.macromedia.com/go/getflashplayer" allowfullscreen="true" allowscriptaccess="always" bgcolor="#000000" height="380" width="400" quality="best" wmode="transparent" scale="noscale" salign="lt" src="http://plus.cnbc.com/rssvideosearch/action/player/id/1248642312/code/cnbcplayershare" type="application/x-shockwave-flash" /><br />
</object></p>
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		<title>Buffett EBay Auction Was Won by Canadian Firm</title>
		<link>http://allthingsd.com/20090709/buffett-ebay-auction-was-won-by-canadian-firm/</link>
		<comments>http://allthingsd.com/20090709/buffett-ebay-auction-was-won-by-canadian-firm/#comments</comments>
		<pubDate>Thu, 09 Jul 2009 12:02:23 +0000</pubDate>
		<dc:creator>Geoffrey Fowler</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Voices]]></category>
		<category><![CDATA[Courtenay Wolfe]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[Digits]]></category>
		<category><![CDATA[frontpage]]></category>
		<category><![CDATA[Geoffrey Fowler]]></category>
		<category><![CDATA[Salida Capital]]></category>
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		<category><![CDATA[Warren Buffett]]></category>

		<guid isPermaLink="false">http://voices.allthingsd.com/?p=13360</guid>
		<description><![CDATA[When Warren Buffett auctioned off lunch with himself for charity last month, the winning bidder remained anonymous.

It turns out that the person who spent $1,680,300 for lunch with the investment guru wasn’t a person at all: it was Canadian wealth-management firm Salida Capital.]]></description>
			<content:encoded><![CDATA[<p>When Warren Buffett auctioned off lunch with himself for charity last month, the winning bidder remained anonymous.</p>
<p>It turns out that the person who spent $1,680,300 for lunch with the investment guru wasn’t a person at all: it was Canadian wealth-management firm Salida Capital. It went public about its purchase Wednesday.</p>
<p>Courtenay Wolfe, Salida’s CEO, said that she and a handful of other employees will all share the lunch, which the firm’s partners paid for.</p>
<p>“We think we will be able to gain invaluable insights from his years of experience and current insights and perspectives,” she said. “We think lunch with Warren is going to be a once in a lifetime experience.”</p>
<p><a href="http://blogs.wsj.com/digits/2009/07/08/buffett-ebay-auction-was-won-by-canadian-firm/">Read the rest of this post on the original site</a></p>
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		<item>
		<title>Bidding for Buffett Heats Up on eBay</title>
		<link>http://allthingsd.com/20090625/bidding-for-buffett-heats-up-on-ebay/</link>
		<comments>http://allthingsd.com/20090625/bidding-for-buffett-heats-up-on-ebay/#comments</comments>
		<pubDate>Thu, 25 Jun 2009 21:58:42 +0000</pubDate>
		<dc:creator>Geoffrey Fowler</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Voices]]></category>
		<category><![CDATA[auction]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
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		<guid isPermaLink="false">http://voices.allthingsd.com/?p=12962</guid>
		<description><![CDATA[Even in a recession, lunch with Warren Buffett turns out to be a hot commodity.

The investment guru and CEO of Berkshire Hathaway has an annual ritual of auctioning a steak lunch with himself on eBay to raise money for San Francisco’s Glide Foundation. Last year’s winning auction tally of $2.1 million broke all previous records.]]></description>
			<content:encoded><![CDATA[<p>Even in a recession, lunch with Warren Buffett turns out to be a hot commodity.</p>
<p>The investment guru and CEO of Berkshire Hathaway has an annual ritual of auctioning a steak lunch with himself on eBay (EBAY) to raise money for San Francisco’s Glide Foundation. Last year’s winning auction tally of $2.1 million broke all previous records.</p>
<p>Despite many predictions that a lunch with Buffett isn’t worth nearly as much during a recession, the folks at Glide say the pace of this year’s auction is way ahead of last year.</p>
<p><a href="http://blogs.wsj.com/digits/2009/06/25/bidding-for-buffett-heats-up-on-ebay/">Read the rest of this post on the original site</a></p>
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		<item>
		<title>QOTD</title>
		<link>http://allthingsd.com/20090625/qotd-158/</link>
		<comments>http://allthingsd.com/20090625/qotd-158/#comments</comments>
		<pubDate>Thu, 25 Jun 2009 10:00:33 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[QOTD]]></category>
		<category><![CDATA[quoted]]></category>
		<category><![CDATA[shorty]]></category>
		<category><![CDATA[Steve Jobs]]></category>
		<category><![CDATA[Warren Buffett]]></category>

		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=20206</guid>
		<description><![CDATA[&#8220;If I have any serious illness, or something coming up of an important nature, an operation or anything like that, I think the thing to do is just tell the&#8230;the Berkshire shareholders about it. I work for &#8216;em. Some people might think I&#8217;m important to the company. Certainly Steve Jobs is important to Apple. So [...]]]></description>
			<content:encoded><![CDATA[<blockquote><p>&#8220;If I have any serious illness, or something coming up of an important nature, an operation or anything like that, I think the thing to do is just tell the&#8230;the Berkshire shareholders about it. I work for &#8216;em. Some people might think I&#8217;m important to the company. Certainly Steve Jobs is important to Apple. So it&#8217;s a material fact. Whether he is facing serious surgery or not is a material fact. Whether I&#8217;m facing serious surgery is a material fact. Whether (General Electric CEO) Jeff Immelt is, I mean, so I think that&#8217;s important to get out. They&#8217;re going to find out about it anyway so I don&#8217;t see a big privacy issue or anything of the sort.&#8221;</p></blockquote>
<p>&#8211; <a href="http://www.cnbc.com/id/31526815/">Warren Buffett</a> says Apple has been too secretive about CEO Steve Jobs’s health issues</p>
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		<item>
		<title>Rich/Obscenely Rich Divide Closing</title>
		<link>http://allthingsd.com/20090312/rich-obscenely-rich-divide-closing/</link>
		<comments>http://allthingsd.com/20090312/rich-obscenely-rich-divide-closing/#comments</comments>
		<pubDate>Thu, 12 Mar 2009 12:10:22 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[Bill Gates]]></category>
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		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=14743</guid>
		<description><![CDATA[The souring economy is closing the divide between the rich and the obscenely rich. Forbes just published its annual list of billionaires and it has 332 fewer names this year than it did last year. Among those who’ve suffered grotesque losses: Microsoft co-founder Bill Gates and Berkshire Hathaway Chairman Warren Buffett.]]></description>
			<content:encoded><![CDATA[<p><img src="http://digitaldaily.allthingsd.com/files/2009/03/billionairebust.jpg" alt="billionairebust" title="billionairebust" width="200" height="98" class="alignright size-full wp-image-14744" />The souring economy is closing the divide between the rich and the obscenely rich. Forbes just published <a href="http://www.forbes.com/forbes/2009/0330/076-up-in-smoke.html">its annual list of billionaires</a> and it has 332 fewer names this year than last. &#8220;Last year there were 1,125 billionaires,&#8221; said Forbes CEO Steve Forbes. &#8220;This year, it&#8217;s down to 793. The typical billionaire is down at least one-third in their net worth.&#8221;</p>
<p>Among those who&#8217;ve suffered grotesque losses: Microsoft (MSFT) co-founder <a href="http://www.forbes.com/lists/2009/10/billionaires-2009-richest-people_William-Gates-III_BH69.html">Bill Gates</a>, who ranks first on the Forbes list with an estimated net worth of $40 billion despite seeing his fortune decline by some $18 billion. Just behind him, in second place: Berkshire Hathaway Chairman <a href="http://www.forbes.com/lists/2009/10/billionaires-2009-richest-people_Warren-Buffett_C0R3.html">Warren Buffett</a>, who saw his net worth fall $25 billion to $37 billion. Finally, telecom magnate <a href="http://www.forbes.com/lists/2009/10/billionaires-2009-richest-people_Carlos-Slim-Helu-family_WYDJ.html">Carlos Slim Helu</a> placed third, with $35 billion, down from $60 billion. Combined losses for the three: $68 billion.</p>
<p>&#8220;The world has become a wealth wasteland,&#8221; Forbes says in its report. &#8220;Like the rest of us, the richest people in the world have endured a financial disaster over the past year.&#8221;</p>
<p>If seeing your personal fortune slip to $40 billion from $58 billion is disaster, it&#8217;s one I think most of us would happily endure.</p>
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		<title>PC Sales Crashing Like an Unpatched Windows Machine</title>
		<link>http://allthingsd.com/20090302/pc-sales-crashing-like-an-unpatched-windows-machine/</link>
		<comments>http://allthingsd.com/20090302/pc-sales-crashing-like-an-unpatched-windows-machine/#comments</comments>
		<pubDate>Mon, 02 Mar 2009 19:00:47 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[AMD]]></category>
		<category><![CDATA[Dell]]></category>
		<category><![CDATA[demand]]></category>
		<category><![CDATA[desktop shipments]]></category>
		<category><![CDATA[Gartner]]></category>
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		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=13920</guid>
		<description><![CDATA[Billionaire Warren Buffett says the economy will be in a shambles throughout “2009--and, for that matter, probably well beyond.” The same can apparently be said for the PC market. Research outfit Gartner on Monday warned that PC sales will suffer the “sharpest unit decline in history” this year.]]></description>
			<content:encoded><![CDATA[<p><img src="http://digitaldaily.allthingsd.com/files/2009/03/wile-e-coyotefalling.jpg" alt="wile-e-coyotefalling" title="wile-e-coyotefalling" width="350" height="210" class="aligncenter size-full wp-image-13921" />Billionaire Warren Buffett says the economy will be in a shambles throughout &#8220;2009&#8211;and, for that matter, probably well beyond.&#8221;</p>
<p>The same can apparently be said for the PC market. Research outfit Gartner on Monday warned that <a href="http://www.gartner.com/it/page.jsp?id=904412">PC sales will suffer the &#8220;sharpest unit decline in history&#8221; this year</a>. Gartner (IT) expects the PC industry to ship just 257 million units this year. That&#8217;s an 11.9 percent decline from 2008, one that easily eclipses the previous worst decline in 2001, when shipments fell 3.2 percent.</p>
<p>&#8220;The PC industry is facing extraordinary conditions as the global economy continues to weaken, users stretch PC lifetimes and PC suppliers grow increasingly cautious,&#8221; said Gartner research director George Shiffler. &#8220;Slower GDP growth will generally weaken demand and slow new penetration, lengthening PC lifetimes will reduce replacements, and supplier caution will keep inventories at historic lows.&#8221;</p>
<p>I&#8217;ll say. Gartner believes desktop shipments will decline a staggering 31.9 percent from 2008. Even an expected 80 percent spike in netbook sales, the lone bright spot in the market, won&#8217;t do much to temper that. Bad news for PC manufacturers like Dell (DELL) and HP (HPQ), and for suppliers like Microsoft (MSFT), Intel (INTC) and AMD (AMD) as well.</p>
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		<title>A Grim Year for PC Sales</title>
		<link>http://allthingsd.com/20090302/a-grim-year-for-pc-sales/</link>
		<comments>http://allthingsd.com/20090302/a-grim-year-for-pc-sales/#comments</comments>
		<pubDate>Mon, 02 Mar 2009 19:00:24 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[News]]></category>
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			<content:encoded><![CDATA[<p><div class="video-wsj"><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={14542952001}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="320" height="240" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></p>
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		<title>Can Mexican Billionaire Carlos Slim Save The New York Times?</title>
		<link>http://allthingsd.com/20090117/can-mexican-billionaire-carlos-slim-save-the-new-york-times/</link>
		<comments>http://allthingsd.com/20090117/can-mexican-billionaire-carlos-slim-save-the-new-york-times/#comments</comments>
		<pubDate>Sun, 18 Jan 2009 06:18:33 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
				<category><![CDATA[Media]]></category>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=3244</guid>
		<description><![CDATA[No. But by buying "hundreds of millions" of dollars worth of preferred stock, the telecom magnate can give the paper some very expensive breathing room.]]></description>
			<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2008/11/new-york-times-building.jpg"><img class="alignright size-full wp-image-1294" title="new-york-times-building" src="http://mediamemo.allthingsd.com/files/2008/11/new-york-times-building.jpg" alt="" width="250" height="167" /></a>When pundits kick around save-the-New York Times scenarios, they often bring up the notion of a white knight: A Daddy Warbucks in the form of Bill Gates, Warren Buffett, or, um, Google (GOOG), who would ride in to save the paper.</p>
<p>So this is kind of like that: Mexican billionaire Carlos Slim may invest &#8220;hundreds of millions&#8221; in the paper via what amounts to a high-interest loan. Slim, a telecom magnate whom <a href="http://www.forbes.com/lists/2008/10/billionaires08_Carlos-Slim-Helu-family_WYDJ.html">Forbes</a> pegged as the second richest man in the world last year, is looking at buying a slug of preferred stock in the New York Times (NYT), The Wall Street Journal <a href="http://online.wsj.com/article/SB123224568644693653.html?mod=testMod">reports</a>.</p>
<p>If the deal goes through, it will give the Times some breathing room to deal with its cash crunch&#8211;it has $46 million in cash and more than $1 billion in debt, with a $400 million revolver that winds down in May. But it won&#8217;t solve its core problem&#8211; <a href="http://mediamemo.allthingsd.com/20081224/new-york-times-november-was-so-terrible-even-our-interent-ads-were-down/">print ad dollars are disappearing</a> and it hasn&#8217;t figured out how to replace them on the Web.</p>
<p>The breathing room will be expensive, too. But the paper doesn&#8217;t have many options at this point. WSJ:</p>
<blockquote><p>For the Sulzberger family, which controls the Times through super-voting shares, the advantage of such a move would be that it would give the company capital without forcing them to relinquish control or dilute other shareholders. The downside is that the cost of such capital is generally very high.</p>
<p>When <span class="companyRollover link11unvisited">Goldman Sachs Group</span> Inc needed $5 billion in September, for example, it found a willing investor in Warren Buffett but only after agreeing to pay a 10% dividend on perpetual preferred shares. Yet with credit tight, especially for companies like the Times that have poor credit ratings, many lenders have few options but to accept onerous terms.</p>
<p>Mr. Slim, who is said to be worth $60 billion, already had a 6.4% stake as of the end of September. The value of the investment has dropped by more than half&#8230;since then and is now worth about $60 million. At the time of the investment, a spokesman for Mr. Slim said the 68-year-old billionaire simply saw an opportunity for a piece of a &#8216;great&#8217; company at an &#8216;attractive&#8217; price and had no plans to take a role in its management or board.&#8221;</p></blockquote>
<p>The Times declined to comment on the report to me, but Reuters has followed up with a <a href="http://finance.yahoo.com/news/Mexicos-Slim-may-invest-in-rb-14091723.html">story</a> of its own confirming the basics of the WSJ account.</p>
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		<title>Buffett: Unemployment Going Past 8 Percent</title>
		<link>http://allthingsd.com/20081121/buffett-unemployment-going-past-8/</link>
		<comments>http://allthingsd.com/20081121/buffett-unemployment-going-past-8/#comments</comments>
		<pubDate>Fri, 21 Nov 2008 17:33:11 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
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		<category><![CDATA[unemployment]]></category>
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		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=1317</guid>
		<description><![CDATA[Not technically a media story per se, but the folks at Fox Business Network want everyone to know that they've got an interview with Warren Buffett running at 4 p.m. Eastern time today. They've taped it already, so they're handing out transcripts and excerpts, and they're pretty interesting. Given that FBN is only available in about 40 million homes, reading them will be the only way many of you will be able to get to the interview.]]></description>
			<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files/2008/11/buffett-fbn.jpg"><img class="alignright size-full wp-image-1320" title="buffett-fbn" src="http://mediamemo.allthingsd.com/files/2008/11/buffett-fbn.jpg" alt="" width="250" height="140" /></a>Not technically a media story per se, but the folks at Fox Business Network want everyone to know that they&#8217;ve got an interview with Warren Buffett running at 4 p.m. Eastern time today. They&#8217;ve taped it already, so they&#8217;re handing out transcripts and excerpts, and they&#8217;re pretty interesting. Given that FBN is only available in about 40 million homes, reading them will be the only way many of you will be able to get to the interview. (FBN is owned by News Corp., which also owns this Web site. Phew). </p>
<p>FBN is describing the chat as an &#8220;exclusive,&#8221; which is true in the sense that it is the only one running an interview with Buffett at 4 p.m. Eastern today&#8211;he tends to be fairly visible these days. Still, there&#8217;s some good stuff here, and not all of it is depressing. Excerpts follow:</p>
<p><strong>On Unemployment:</strong></p>
<p>“There are going to be more people unemployed…but I&#8217;m not worried about how we come out in the end. I mean, I&#8217;m not worried about five years from now. Five months from now, can be very painful…it will be considerably higher…. It will happen eventually [surpassing 8%], and we will go on to new heights, but it will not turn around by mid-year next year.”</p>
<p><strong>On Berkshire Hathaway’s Stock Plummeting:</strong></p>
<p>“No, it doesn’t make any difference. I mean, if you don’t own it on margin, you own a business&#8230;. I look to the business to determine my results. I&#8217;ll say it&#8217;s happened to me three other times in my life, too. It happened when it went from 90 to 40 back in 1974, and it happened in 1987. It went down 50 percent in 1998 to 2000. I mean, I hope I live long enough so it happens a couple more times to me.”</p>
<p><strong>On the Auto Bailouts:</strong></p>
<p>“I would drive a deal like I would drive myself if I were buying a business. And I think, I would say there&#8217;s plan A or plan B.  And if you don&#8217;t want to do it this way, you know, then&#8230;take bankruptcy.</p>
<p>&#8220;I would make the CEOs buy in. I would say, you know, the United States government is willing to put in X dollars, but we&#8217;re going to have you put in a certain percentage of your net worth right along with us.  We&#8217;ll give you more upside, but you&#8217;re going to lose if we lose.”</p>
<p><strong>On the Future of Goldman Sachs:</strong></p>
<p>“Their businesses are all tough now, but they&#8217;re going to get around it&#8230;. This time, the institutions got very, very leveraged, and when the whole world tries to be leveraged at one time, I mean, there is a lot of pain that goes around. But you know, the Goldman’s of the world, they&#8217;re going to be around. Some of them needed, I mean, not Goldman specifically, but some of them needed the help of the TARP.”</p>
<p><strong>On the President’s Role in the Bailouts:</strong></p>
<p>“I think really only the president can do that effectively. I think it&#8217;s very difficult for the Congress, where you&#8217;ve got 535 people where each&#8211;you know, one guy has a plan for Chrysler and somebody else has another&#8211;and I think that&#8211;and you have to have somebody who can deliver, who can say, if you do these things, we will come up with a solution. But if you don&#8217;t have a business solution, they&#8217;ll just be putting money in every year for the&#8211;you know, as long as the federal government&#8217;s around.”</p>
<p><strong>On Being the Next Treasury Secretary:</strong></p>
<p>“Well, I haven&#8217;t been asked. And I won&#8217;t be asked. But the answer is I wouldn&#8217;t give up my job. I&#8217;m glad to help in any way I can, but I would not do it.</p>
<p>&#8220;So I think, you know, we&#8217;ll know in a few days, perhaps, who the Treasury secretary will be. And we&#8217;ll go from there.”</p>
<p><strong>On President-Elect Barack Obama:</strong></p>
<p>“I think that Barack&#8211;I think that Hillary would have made a good president too, and I think Barack will make a terrific president. I think he&#8217;s the right person for this time…you need a strong, decisive, smart leader, who can communicate very well with the American people at a time like this. They need somebody they believe in, and I think that he has the qualities that are right for this time.”</p>
<p><strong>On Selling Investments:</strong></p>
<p>“&#8230;I do sell stocks. Not very often…if we&#8217;re going to put the money in the Goldman Sachs preferred or the General Electric preferred, the Mars-Wrigley deal, to some extent, if we have the money around we&#8217;ll use the money that is in cash. But I like to keep a lot of money around, so I will sell some things if I need to sell them in order to buy something else&#8230;. We don&#8217;t sell businesses, though. Businesses we own we keep.”</p>
<p><strong>On His Next Investment Pick:</strong></p>
<p>Not right now.  But that could change tomorrow. Both GE and Goldman Sachs happened on a phone call I got in the morning and I said yes.  It was&#8211;that&#8217;s that, something like that.</p>
<p><strong>On Henry Paulson:</strong></p>
<p>“I think it&#8217;s a very, very tough situation. There are no silver bullets here. It&#8217;s not like some one idea or three ideas that&#8217;s all of a sudden going to turn around the economy and the markets. We are in a negative feedback cycle. It&#8217;s going to last for a while. I don&#8217;t know how long it&#8217;s going to last&#8230;. And I don&#8217;t think I could have done a better job, and I don&#8217;t think most of the congressmen could do a better job&#8230;. I think that putting the capital in the various financial institutions, probably you&#8217;ll get more mileage out of that dollar spent than in the mortgage repurchase program.”</p>
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		<title>From Plumber of the Internet to Plumber of the Economy?</title>
		<link>http://allthingsd.com/20081007/from-plumber-of-the-internet-to-plumber-of-the-economy/</link>
		<comments>http://allthingsd.com/20081007/from-plumber-of-the-internet-to-plumber-of-the-economy/#comments</comments>
		<pubDate>Tue, 07 Oct 2008 17:36:56 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
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		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=6356</guid>
		<description><![CDATA[When he appeared at our D5 conference in May 2007, Sen. John McCain said that, given the chance, he’d hire Cisco CEO John Chambers for his cabinet. Now, in the run-up to the November presidential election, it looks like Chambers has some competition for that spot. In an interview with Reuters, McCain said that Chambers is still on his short list of potential Treasury secretaries, but the Cisco CEO has some company.]]></description>
			<content:encoded><![CDATA[<p><img src="http://digitaldaily.allthingsd.com/files/2008/10/chambersmccain.jpg" alt="" title="chambersmccain" width="350" height="175" style="border: 1px solid #000;" class="aligncenter size-full wp-image-6355" /></p>
<blockquote><p>The new economy is the Internet Economy. The Internet Economy is reshaping the fortunes of business, countries and people, leveling the playing field for everyone, and driving the most significant economic shift since the Industrial Revolution.&#8221;</p>
<p>&#8211; Cisco CEO John Chambers, Sept. 24, 1998</p></blockquote>
<p>When he appeared at our D5 conference in May 2007, Sen. John McCain said that, given the chance, <a href="http://d5.allthingsd.com/20070529/d5-mccain/">he’d hire Cisco CEO John Chambers for his cabinet</a>. Now, in the run-up to the November presidential election, it looks like Chambers has some competition for that spot. In an interview with Reuters today, McCain said that Chambers&#8211;<a href="http://www.newsmeat.com/ceo_political_donations/John_Chambers.php">who&#8217;s contributed quite a bit to the McCain campaign</a>&#8211;is still on his short list of potential Treasury secretaries, but the Cisco (CSCO) CEO has some company. &#8220;I think it would be someone that Americans would recognize that would inspire trust and confidence,&#8221; <a href="http://www.reuters.com/article/vcCandidateFeed2/idUSN0229634120081007?pageNumber=1&amp;virtualBrandChannel=10341">McCain said</a>. &#8220;There&#8217;s people like John Chambers, there&#8217;s people like [former eBay (EBAY) CEO] Meg Whitman, there&#8217;s people like Warren Buffett.&#8221;</p>
<p>Apparently, current Secretary Henry Paulson doesn&#8217;t quite cut it anymore. Anyway &#8230; it&#8217;s curious that McCain would include Buffett among his choices for Treasury secretary since his appointment would almost certainly outrage tax-cutting fiscal conservatives to near-aneurysm. Indeed, it already has. <a href="http://www.bloomberg.com/apps/news?pid=20601087&amp;sid=a2jByWcUf4Z8&amp;refer=home">Said Grover Norquist, president of Americans for Tax Reform</a>, &#8220;Warren Buffett is a goddamned Democrat and he doesn&#8217;t understand that a 28 percent capital gains tax would be a bad thing. He might be a good bridge partner, but he&#8217;s awful on policy.&#8221;</p>
<p>Incidentally, Barack Obama&#8217;s list of potential Treasury secretaries includes no Silicon Valley CEOs, current or otherwise. According to people close to his campaign, it includes New York Federal Reserve Bank President Tim Geithner, former Treasury Secretary Larry Summers and former deputy Treasury secretary Roger Altman.</p>
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		<title>Ain&#039;t Nobody&#039;s Business If Jobs Is or Isn&#039;t</title>
		<link>http://allthingsd.com/20080728/aint-nobodys-business-if-jobs-is-or-isnt/</link>
		<comments>http://allthingsd.com/20080728/aint-nobodys-business-if-jobs-is-or-isnt/#comments</comments>
		<pubDate>Tue, 29 Jul 2008 00:33:01 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=2443</guid>
		<description><![CDATA[So, I have been standing by, trying to make sense of the debate that has swirled around Apple CEO, Co-
Founder and font-of-all Steve Jobs with regard to his health or, more specifically, the lack thereof.

And after listening to all of the debate about it--mostly indignant declarations by the media, making their case mostly by wheedling milder indignant declarations out of stock analysts and corporate tsk-tsk outfits--I have concluded that what is ailing Jobs is exactly no one's business.

Even if his every breath is critical to the ongoing operations of Apple, the reason most use as their main argument for Jobs to tell all, it goes double.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2008/07/jobs_art_160_20080728081145.jpg"><img src="http://kara.allthingsd.com/files/2008/07/jobs_art_160_20080728081145.jpg" alt="" title="Earns Apple" width="160" height="299" class="alignright size-medium wp-image-2444" /></a></p>
<p>So, I have been standing by, trying to make sense of the debate that has swirled around Apple CEO, Co-Founder and font-of-all, Steve Jobs, with regard to his health or, more specifically, the lack thereof.</p>
<p>And after listening to all of the debate about it&#8211;mostly indignant declarations by the media, making their case mostly by wheedling milder indignant declarations from stock analysts and corporate tsk-tsk outfits&#8211;I have concluded that what is ailing Jobs is exactly no one&#8217;s business.</p>
<p>Even if his every breath is critical to the ongoing operations of Apple, the reason most use as their main argument for Jobs to tell all, it goes double.</p>
<p>Why?</p>
<p><span id="more-68383"></span></p>
<p>Well, any Apple (AAPL) investor has to know by now that Jobs suffered from a rather serious bout with a curable version of pancreatic cancer some years ago and that recovery includes inevitable complications.</p>
<p>That was on display when he took to the stage of <a href="http://kara.allthingsd.com/20080609/wwdc-what-will-di-capi-di-tutti-apple-do/">Apple&#8217;s most recent Worldwide Developers Conference in mid-June</a> and looked really gaunt and unhealthy. It was obviously hard to look away.</p>
<p>People immediately reacted like it was the end of the world&#8211;which is no surprise given Apple&#8217;s rabid following&#8211;and began to suddenly acquire instant medical degrees and diagnose Jobs on the spot.</p>
<p>In its typically secretive style, Apple did not help matters by throwing out a thin gruel of information and noting it was only a common bug.</p>
<p>Of course, that felt like a bigger whopper than usual&#8211;even if he did, in fact, also have a cold, it kind of begged the question of what accounted for the rest of his haggard appearance.</p>
<p>In any case, the chatter went on and on, right up until the most recent quarterly earnings call when Apple&#8217;s CFO said, when asked that Jobs&#8217;s health, that it was a &#8220;private matter.&#8221;</p>
<p>Immediately, that sent the debate into a frenzy, as armchair word detectives went into overdrive about exactly what <em>that </em>meant. (Personally, I think it meant that Apple was saying Jobs&#8217;s health was a private matter.)</p>
<p>This weekend, the noise level reached a quantum level after Jobs made a can&#8217;t-make-this-up <a href="http://www.nytimes.com/2008/07/26/business/26nocera.html">statement to New York Times columnist Joe Nocera</a>, who was inquiring as to Jobs&#8217;s well-being:</p>
<p>&#8220;This is Steve Jobs. You think I&#8217;m an arrogant [expletive] who thinks he&#8217;s above the law, and I think you&#8217;re a slime bucket who gets most of his facts wrong.&#8221;</p>
<p>Now that just cracked me up, given all that had gone on before, although some were once again indignant over the gall of a major company CEO making such a statement.</p>
<p>Obviously, they have never met or heard Jobs, who is well known for doing such things pretty much all the time.</p>
<p>And that&#8217;s the problem here and my main argument for leaving him be:</p>
<p>1) As I said, Apple investors who have not figured Jobs&#8217;s precarious health&#8211;after a round with any kind of cancer&#8211;into their investment strategies about Apple going forward need some serious reality medication themselves.</p>
<p>Guess what? Jobs has been really sick and it means he is going to have a harder time with any kind of infection or complication for the rest of his life, and he will likely be more delicate than someone who has not had cancer.</p>
<p>By the way, the take-away from the Nocera article and an earlier one last week in the New York Times was that Jobs had been quite ill, but not life-threateningly ill. Which was Jobs&#8217;s way of getting out the news.</p>
<p>2) Jobs is one of the most important CEOs, in relation to his company, around. (Warren Buffett, who did choose to reveal all when he was sick, is the other.) And that&#8217;s another thing investors should be figuring into their calculations on the worth of the stock.</p>
<p>As Jobs himself said in a famous commencement speech to Stanford University: &#8220;No one wants to die. And yet death is the destination we all share. No one has ever escaped it.&#8221;</p>
<p>You don&#8217;t have to get as dramatic as all that to know that when you are talking about such a charismatic and critical CEO as Jobs, any lack of involvement by him&#8211;like say going on a year-long yoga retreat&#8211;is going to be a problem that investors are buying when they buy the stock.</p>
<p>Of course, there are other Apple employees making things work at the company, although it sometimes feels as if Jobs is crafting every iPhone that goes out.</p>
<p><a href="http://kara.allthingsd.com/files/2008/07/celinedionlasvegas.jpg"><img src="http://kara.allthingsd.com/files/2008/07/celinedionlasvegas-300x225.jpg" alt="" title="celinedionlasvegas" width="250" height="175" class="alignleft size-medium wp-image-2445" /></a></p>
<p>But it&#8217;s obviously the Steve Jobs Show, and investors risk that when they buy such a ticket&#8211;kind of like anyone who bought a ticket to Celine Dion&#8217;s recent show in Las Vegas and hoped she would not get, like, a common cold!</p>
<p>3) And, of course, we get to the secretive Apple culture story line in every single story, which is trotted out like it is a surprise and we should all be so angry about it and demand change.</p>
<p>Again, have we not been paying attention all these many years? When has Apple <em>not</em> been secretive, except when it suits itself?</p>
<p>Here are a few more shockers for those still stewing about Apple&#8217;s secretiveness: Sen. Barack Obama is African-American and Sen. John McCain is old and some people in the country are racist and ageist and may hold those things against them in the upcoming Presidential election!</p>
<p>All kidding aside, it&#8217;s the same media that wait in eager anticipation when Jobs doles out the often-disingenuous tidbits about various Apple products coming and then hype them to the high heavens for him when he deigns to unveil them.</p>
<p>In other words, the Steve Jobs you are getting right now is the Steve Jobs you have always gotten&#8211;on his terms, what he wants to say and when and how.</p>
<p>So don&#8217;t be surprised when he does just that.</p>
<p>Meanwhile, Jobs has come to our <a href="http://allthingsd.com/d"><strong>D: All Things Digital</strong></a> conference many times and chatted up a storm. Here he is in a highlights reel of the <a href="http://d5.allthingsd.com/20070531/video-steve-jobs-and-bill-gates-highlight-reel/">historic joint interview with Microsoft CEO and Founder Bill Gates</a> in 2007.</p>
<p>In it, Jobs is quite voluble about their longtime rivalry and also reveals their secret relationship that dares not speak its name (he is <em>kidding</em>):</p>
<p><div class="video-wsj"><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={958634947}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="320" height="240" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></p>
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		<title>MicroHoo: A Deal Must Be Done</title>
		<link>http://allthingsd.com/20080602/microhoo-a-deal-must-be-done/</link>
		<comments>http://allthingsd.com/20080602/microhoo-a-deal-must-be-done/#comments</comments>
		<pubDate>Mon, 02 Jun 2008 12:59:31 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<description><![CDATA[While Microsoft's CEO Steve Ballmer and Yahoo's CEO Jerry Yang hemmed and hawed about what had happened in their disastrous takeover battle that ended not with a bang, but a whimper, everyone else who appeared onstage at the sixth D: All Things Digital conference last week was a bit more definitive about what should occur now:

Get it done.]]></description>
			<content:encoded><![CDATA[<p><img src='http://d6.allthingsd.com/files/2008/05/microhoo.jpg' class='centered' style="border: 1px solid #000;" alt='microhoo.jpg' /></p>
<p>While Microsoft&#8217;s (MSFT) CEO Steve Ballmer and Yahoo&#8217;s (YHOO) CEO Jerry Yang hemmed and hawed about what had happened in their disastrous takeover battle that ended not with a bang, but a whimper, everyone else who appeared onstage at the sixth <a href="http://d6.allthingsd.com"><strong>D: All Things Digital</strong></a> conference last week was a bit more definitive about what should occur now:</p>
<p><img src='http://kara.allthingsd.com/files/2008/06/get_it_done.gif' width='190' height='190' alt='getitdone' class='alignleft' /></p>
<p>Get it done.</p>
<p>From Thomson Reuters&#8217; (TRI) Tom Glocer to IAC&#8217;s (IACI) Barry Diller to TiVo&#8217;s (TIVO) Tom Rogers to Rupert Murdoch of News Corp. (NWS) (who simply said: &#8220;I&#8217;d get on with it.&#8221;), it seemed obvious to one and all that the only way either had a prayer of catching up with online search leader Google (GOOG) was to join forces.</p>
<p>It seems, according to many sources, that the pair are now in serious talks again, which&#8211;if they are smart&#8211;will come to some resolution, yes or no, within the next week. (You&#8217;ll get first wind of what&#8217;s what, as soon as much-frustrated bankers begin their leaking to major news outlets.)</p>
<p>Whatever the case, I dearly hope these discussions are not bogged down as they have been before.</p>
<p>Not in the bits and pieces niggling of some complex partial deal to buy search and spin of this and that here and there in a configuration sure to confuse everyone.</p>
<p>And not continuing with the endless roundelay of price negotiations that seems to have needlessly taken focus off the ball&#8211;which is to create a competitive alternative to the incessant brainiacs of Google (and if you want any more proof of that, see this <a href="http://www.nytimes.com/2008/06/02/technology/02google.html">New York Times piece today about the search giant&#8217;s data-crunching abilities</a>).</p>
<p>It seems $33 to $34 a share will still wrap the whole thing up and, if Microsoft was serious about its intentions to buy Yahoo when it first made its foray in February, that seems doable.</p>
<p>Because, if Ballmer is serious about his contention, which he made fervently onstage at <strong>D6</strong>, that the software giant keeps &#8220;coming and coming and coming,&#8221; it simply cannot make that attack from a piddling 9% market share in the online search business.</p>
<p><img src='http://kara.allthingsd.com/files/2008/06/302661057_uarez-m.jpg' width='190' height='156' alt='gatesballmer' /></p>
<p>One of the most interesting takeaways I had from last week&#8217;s interview <a href="http://d6.allthingsd.com/20080527/gates_ballmer/">Walt Mossberg and I did with him and Chairman Bill Gates</a> (who seemed about as underwhelmed by a Yahoo deal as possible without slumping over asleep) was the early focus at the company on fiscal conservatism.</p>
<p>Baked into its DNA, as it turns out, is a fear of bankruptcy even.</p>
<p>While that was funny to hear about&#8211;complete with worried financial calculations on sheets of yellow paper stuffed in couches early on&#8211;it seems to continue to this day, despite Microsoft&#8217;s huge treasure chest of cash.</p>
<p>But Ballmer should slough off that tendency, as Microsoft can afford all of Yahoo and it should if it wants to make the boldest case possible that it will compete with Google.</p>
<p>As for Yahoo, both <a href="http://d6.allthingsd.com/20080528/yang_decker/">Yang and President Sue Decker</a> are to be lauded for showing up to answer Walt&#8217;s questions (and one by me via remote video about leadership, which neither actually did answer) about the company and its future.</p>
<p>Their sincerity and love of Yahoo and its products and people was clear and even touching, making it clear that companies are a true reflection of its leaders.</p>
<p><img src='http://kara.allthingsd.com/files/2008/06/303125365_szzcw-m.jpg' width='190' height='156' alt='yangdecker' class='alignleft' /></p>
<p>But, while making good points about the he-said-she-said nature of the past Microsoft talks, the pair still could not adequately and passionately explain what Yahoo <em>is</em> exactly, which everyone I spoke to in the halls was surprised and even disappointed by.</p>
<p>Moreover, their weariness for the next phase of tumult that will come if Yahoo remains independent was apparent in both their body language and low energy levels, especially when compared to others onstage like Murdoch, Amazon&#8217;s Jeff Bezos and, of course, the frenetic Ballmer.</p>
<p>Yang and Decker need big-time help and they need it now, help that cannot come from their own dwindling energies and that of their much-beleaguered troops.</p>
<p>Still, they also deserve credit for this very funny spoof video of advice they have been getting.</p>
<p>I especially like the turn by famed investor Warren Buffett best, with his &#8220;buy low, sell high&#8221; tip.</p>
<p>But I would fiddle with that to change it a little bit for Yahoo today: Just sell high enough.</p>
<p>Here&#8217;s the Yahoo spoof video:</p>
<p><div class="video-wsj"><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={1576332477}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="320" height="240" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></p>
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