If there was an over-arching theme for this last week on All Things D, it would have to be musical chairs.
Brand new MySpace CEO Owen Van Natta started things off Monday with his first day on the job. He was joined by new COO and former AOL exec Mike Jones and new chief product officer and former Sling Media exec Jason Hirschhorn.
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Facebook’s virtual gift market may turn out to be the best holiday shopping option for employees hoping to cash out some of their shares. On Thursday, the company postponed a program that would have allowed employees to sell up to 20 percent of their vested shares.
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Safe to say that the mood of last week, with its anticipation of change, is a distant memory. A different kind of anticipation permeated the tech and online media industries, one more reminiscent of April 2001. There was news all around of layoffs, pending layoffs, bankruptcies and stock dives.
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In the Grand List of asinine corporate layoff euphemisms, “getting fit” has to be one of the greatest. More so because it’s the one chosen by Yahoo CEO Jerry Yang in his latest all-hands message to employees–a missive announcing the company’s plans to bring in management consulting outfit Bain & Company to help it trim down and shape up.
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As Steve Jobs would say: “BOOM.” Apple has eclipsed Google in market value. Apple’s current market cap: $159.37 billion. Google’s: $157.56 billion.
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So former analyst Henry Blodget says Microsoft is rumored to be planning to buy Facebook for $6 billion. An intriguing rumor. Bunch of suits from Redmond, Wash., flying down to Silicon Valley carrying Timbuk2 bags overflowing with cash for a smokin’-hot social-networking outfit with appalling ad click-throughs.
That’s right–appalling ad click-throughs. “Facebook’s members appear indifferent even [...]
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