Yahoo Names Maynard Webb Permanent Board Chairman

A temporary position becomes a not-so-temporary one.

Groupon Has More “Speed … Care … Focus” Under Lefkofsky, Ted Leonsis Says

The CEO search never left the building.

Groupon Names Eric Lefkofsky Permanent CEO; Q2 Revenue Beats Street

A big day for the original daily-deals company.

IRS Says Former HP Chairman Ray Lane Owes $100 Million

The government says he improperly claimed losses of more than $250 million to offset income. Tough few months for Lane.

Yahoo Chairman Fred Amoroso to Step Down in Late June

Former LiveOps CEO Maynard Webb will serve as interim chairman.

Hewlett-Packard Chairman Ray Lane Stepping Down

Ralph Whitworth takes over as chairman. Lane will remain on the board. Directors Kennedy and Thompson resigning.

News Byte

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

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

IBM Names CEO Rometty as Chairman; Palmisano Leaving Board

“Madame Chairman” has a nice ring to it.

News Byte

Groupon Co-Founder Eric Lefkofsky Doesn’t Sell Millions of Shares

He only transfered them. According to an SEC document filed on Friday, Groupon Chairman and co-founder Eric Lefkofsky distributed nearly 19 million shares from the daily deals company. The Wall Street Journal reports that the shares were dolled out members of an investment entity, including early employees, advisers and his family’s charitable foundation. A spokesperson for Lefkofsky, who controls 28 percent of the company’s voting power, confirmed he was not selling the shares. On Friday, those shares were worth about $77 million.

FTC Chairman Jon Leibowitz Backstage With Katie Boehret

Jon Leibowitz shared a different kind of scoop with Katie Boehret—what are his can’t-miss stops on a visit to Washington, D.C.

Steve Jobs, in His Own Words

Yahoo Bored Meeting? Not This Time!

Hot Swap at the Top: AMD CEO Out