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All Things Digital
Exclusive: Yahoo Finally Set to Strike Alibaba Share Deal - All Things Digital
... back to the company — in a complex deal that is set to include a multi-billion-dollar share buyback to investors of the Silicon Valley Internet giant and an eventual IPO of the Chinese company — according to multiple sources close to the situation.
Exclusive: Yahoo's Thompson Out; Levinsohn In; Board Settlement With Loeb ... - All Things Digital
The five current Yahoo directors — who were to step down at the company's annual meeting this summer — will leave the board effective immediately, sources said, to make way for the Third Point selections. Finally, Yahoo's recently added director Fred ...
Sources: Google Is Close to Buying Meebo - All Things Digital
Google is in talks to acquire Meebo, according to two sources close to the situation. The price for the company would be about $100 million, according to one of the sources. Meebo's latest product promises to help users cut through information overload ...
Flipboard CEO McCue Likely to Step Down From Twitter Board - All Things Digital
According to sources close to the situation, Flipboard co-founder and CEO Mike McCue has approached Twitter CEO Dick Costolo and co-founder Jack Dorsey about moving off the board of Twitter. It is not clear when McCue — who joined the board of the San ...
Facebook IPO Docs Could Get Approval This Week, Followed by Road Show With ... - All Things Digital
According to sources close to the situation, Facebook is anticipating getting approval from government regulators to officially distribute it S-1 public offering prospectus to investors within days, which would mean its road show could begin as early ...
Exclusive: Schultz and Efrusy to Leave Groupon Board - All Things Digital
According to sources close to the situation, Starbucks Chairman and CEO Howard Schultz and Accel Partners' Kevin Efrusy will be stepping down from the board of Groupon. Schultz's departure will be effective today, but Efrusy — who was critical to the ...
Confirmed: Schultz and Efrusy to Leave Groupon Board; “Accounting Types” Joining - All Things Digital
According to sources close to the situation, Starbucks Chairman and CEO Howard Schultz and Accel Partners' Kevin Efrusy will be stepping down from the board of Groupon. Schultz's departure will be effective today, but Efrusy — who was critical to the ...
The $1.2 Billion Inside Story of How Demand Almost Went Private - All Things Digital
According to sources close to the situation, Demand Media was deep into discussions with a private equity firm to complete a deal that would have taken the online content company private for double its current value. But Demand abandoned the effort ...
Exclusive: The $1.2 Billion Inside Story of How Demand Media Almost Went ... - All Things Digital
A source close to Lee, as is typical in these endings, said it was only kicking the tires (not true) and that it was the firm that walked away (who know and, really, who cares — both sides were engaged seriously). One thing was true: “Demand was ...
Yahoo's Layoffs Tomorrow Morning of Up to 2000 Will Only Be the First Move of ... - All Things Digital
According to sources close to the situation, Yahoo's massive round of layoffs — which is likely to impact up to 2000 employees — is just the tip of the proverbial iceberg that will hit the storied Silicon Valley Internet giant in the months to come.
To Stanch Layoffs, Yahoo Has Been Shopping Its Ad Technology Platforms to ... - All Things Digital
In an effort to minimize the impact of massive layoffs that Yahoo's top management has been planning, according to sources close to the situation, one of the latest ideas to save costs and presumably jobs by new CEO Scott Thompson is to sell off much ...
Proxy Ho? Like Yahoo, AOL Could Face Alternate Board Slate From Irked Investor ... - All Things Digital
But the New York activist fund is readying to make a splash as soon as today, several sources said, if it follows through on the expected naming an alternate board to challenge AOL. Saturday is the official deadline to nominate directors to the board ...
Yahoo Product Unit Readies Major Exec Reorg — But It's Just a Tremor for the ... - All Things Digital
While still in the early stages of formulation, sources said Thompson has been mulling bringing in a head of global advertising sales or revenue chief, as well as more top product execs, as he moves to initiate a plan to shake up Yahoo and also put his ...
Exclusive: Four Yahoo Board Members to Depart, Two New Ones Arrive and Three ... - All Things Digital
According to sources close to the situation, Yahoo will announce the impending departure of four of its longtime board members, including chairman Roy Bostock. The others headed out the door are Hewlett-Packard exec Vyomesh Joshi, Gary Wilson and ...
News Corp. in Talks to Hire Bloomberg Executive - All Things Digital
News Corp. is in serious talks to hire former Bloomberg LP chief executive Lex Fenwick to be the new chief of Wall Street Journal publisher Dow Jones & Co., according to people familiar with the matter. The hire, while not final, would fill a position ...
Yahoo CEO Meets With PE Firms — PIPE Might Be Dead, But What Else Is There? - All Things Digital
While those deals are now tabled, sources said that Thompson and the Yahoo board still wants to engage investors — Silver Lake and TPG Capital — in discussions about how to best turnaround Yahoo. Thus, Thompson, sources said, was interested in ...
As Weak Q4 Earnings Loom, Yahoo Freezes Hiring and Also Contemplates Layoffs - All Things Digital
While the details of any layoffs — which are expected to be small and selective for now — are still being worked out, sources said that the stricture not to fill hundreds of open positions is the first step toward significant cost-cutting initiatives ...
WSJ.com Head to Atlantic Media for New Project - All Things Digital
According to sources close to the situation, Dow Jones is losing its top online editor. Kevin Delaney, managing editor of The Journal Online — or WSJ.com, as it is better known — is taking a job at the Atlantic Media Company, sources said. ...
Google Will Pay Mozilla Almost $300M Per Year in Search Deal, Besting ... - All Things Digital
Sources said this total amount of just under $1 billion was the minimum revenue guarantee for delivering search queries garnered from consumers using Firefox. Google's main rival, sources said, in the bid was Microsoft's Bing search service, ...
Exclusive: Siri Co-founder Kittlaus Departs From Apple - All Things Digital
There were several reasons for the departure, which was amicable and has been planned for a while, sources said. They included Kittlaus' family being in Chicago, a desire to take time off and an interest in brainstorming new entrepreneurial ideas. ...
Exclusive: VP Engineering Mike Abbott Departs - All Things Digital
According to sources close to the situation, Twitter VP of Engineering Mike Abbott has left the company. He is apparently interested in doing more investing. The move feels sudden, but sources said it has been brewing for a while and happened several ...
As Skype Skips Through Approvals — What's the Deal With the Deal? - All Things Digital
said several sources close to the situation. Now, of course, comes the hard part — which is whether Microsoft can successfully integrate the more nimble Skype into the belly of the software beast and allow it to thrive. How smoothly can Microsoft ...
Nuance to Buy Virtual Keyboard-Maker Swype for $100 Million - All Things Digital
Nuance, a voice recognition technology company, has acquired Seattle-based Swype, which is known for its very popular virtual keyboard commonly found on Android phones, according a person close to the situation. A source pegged the deal size at more ...
"Perplexed" by U.S. Ownership Rules, Alibaba Slows Down Yahoo Bid - All Things Digital
Instead, according to sources close to the situation, what the Chinese entrepreneur got was a cold dose of CFIUS — or Committee on Foreign Investment in the United States, the federal interagency review process for foreign investment deals. ...
HuffPo at 1B Monthly Page Views: More Buying, Launching, Hiring - All Things Digital
The price for the site, whose key execs will join the AOL content unit, is under $1 million, said a source close to the situation. The HuffPo also announced it was hiring Lisa Belkin from the New York Times to be a senior columnist covering parenting ...