D: All Things Digital
Reuters
D: All Things Digital
Yahoo shareholders, Wall Street and the media are all calling for Yahoo CEO Jerry Yang to step down. BoomTown writer Kara Swisher also thinks Yang's ouster is imminent, because the year following Yahoo's Aug. 1 shareholder meeting is likely to be a very, very rough one. And while Yang has shown a father's love for the company he co-founded, love is "probably not enough" for the road ahead. She provides us with this list of likely replacements: Current Yahoo President Sue Decker, former eBay CEO Meg Whitman, Netscape founder Marc Andreessen, former Yahoo exec Dan Rosensweig, Broadcast.com founder Mark …
Reuters
Vint Cerf, one of the forefathers of the Internet and now Google VP, chief internet evangelist, spoke out about Google's recent Yahoo deal and the affect of the weak economy on the business of the Web at a press conference for the OECD Ministerial Meeting on the Future of the Internet Economy. "In the case of Yahoo, the company believes that it will be beneficial to assist Yahoo with its experiment," Cerf said. "That's all this is: a non-exclusive arrangement to allow Yahoo to use at their discretion some of our advertising capability." Last week, Yahoo finally ended merger talks …
GigaOm
LinkedIn, the social network for professionals, announced a new $53 million round of Series D funding on Tuesday that values the Silicon Valley startup at $1 billion. While nowhere near the jaw-dropping $15 billion valuation Microsoft placed on Facebook when it acquired a 1% stake last year, GigaOm's Om Malik reckons the assessment is still rather bubblish. Here's why: LinkedIn's European cousin, XING, which is publicly traded in Frankfurt, has 5.71 million subscribers and a market cap of about $300 million. This works out to $52.30 per subscriber. Facebook, at a valuation of $15 billion, works out to around …
Blog Maverick
In a post heavily laden with undertones of "I told you so," blogger Mark Cuban declares that News Corp./NBC Universal's joint venture Hulu "is kicking YouTube's ass" in the revenue department. Of course, midway through the rant, Cuban admits he has no revenue figures to back up his claim, but when you consider both companies' business models, he says signs indicate that where YouTube has massive traffic but an unsustainable business model, Hulu has growing traffic and a very scalable business model. In the revenue department, Cuban says that Hulu is either stomping all over YouTube or will soon be …
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