If corporate raider Carl Icahn ever had any hope of convincing major Yahoo shareholders like Legg Mason's Bill Miller to back his alternative slate against the Yahoo board in a proxy fight, he needed a plan B in case a sale to Microsoft didn't work out. As Kara Swisher puts it, he needed "a solid management team and…
Here we go again. New graffiti on the sidewalk at 18th and Dolores claims nothing short of "Mission Exploitation" by Google employees. A decade ago, the Mission Yuppie Eradication Project posted flyers urging Valencia Street's self-styled "artists" to vandalize luxury cars. Some did. In 2008, most Web 2.0 workers…
They can't say they didn't have it coming. But widgetmakers are angry all the same about Facebook's decision to clone Slide's Top Friends application as a feature in its latest redesign. "It would be insane for a new developer" to begin creating new apps the platform now, says an executive at one of the many…
Merrill Lynch, under financial pressure, is selling one of its more valuable assets, a 20 percent stake in Bloomberg, the financial-information business, for $4.5 billion to $5 billion. The sale marks the business's value at $22 billion to $25 billion — four times or more what Rupert Murdoch paid to tuck the Wall…
Google employees must avoid even the appearance of a conflict of interest, according to the company's code of conduct. But Sergey Brin is exempt from such bureaucratic trifles. The cofounder skirted ethical lines when he loaned money to 23andMe, a genetic-testing startup cofounded by his wife, Anne Wojcicki, and…
[Editor's note: Tim Woolery, aka Tim the IT Guy, works hands-on in IT in the Bay Area. With nearly 15 years' experience at everything from CAT 5-cabled steel furnaces to intercontinental remote-controlled radio stations, Tim's able to spot and plug holes in the coverage of important tech news. Rather than bone up on…
"Thiel makes me sick!" read the note from Gawker Media publisher Nick Denton. His oddly personal declaration was prompted by a brief in the New York Post about former PayPal CEO Peter Thiel's success as a hedge-fund manager. Thiel will make an estimated $500 million this year running Clarium Capital, a hedge fund.…
If you weren't up past your bedtime spilling wine on your Performa in 1994, then you probably weren't on Usenet reading alt.gothic's "Most Gothic Way to..." epic threads on the same. Usenet predated the World Wide Web by over a decade, well before Mosaic was a glimmer in Marc Andreessen's eye. But the advent of the…
Apple's new, faster 3G iPhones go on sale in the U.S. tomorrow, but a new store where Apple will sell third-party iPhone applications opened for business today. (Something to do with when the iPhone 3G went on sale in New Zealand. Those international date lines are so confusing!) The apps mostly range from free to…
The six big TV-and-movie conglomerates — CBS, Viacom, Disney, NBC Universal, News Corp. and Time Warner — suffered in a handicap yesterday by Lehman Brothers analyst Anthony DiClemente, who downgraded the companies' ratings and stock-price targets. CBS fared worst, but even News Corp. didn't come out unscathed, and…
Do we still have to pity Yahoo cofounder Jerry Yang? Or is it, at long last, acceptable to simply hold him in contempt? With Microsoft backing corporate raider Carl Icahn's replacement board of directors, and major investor Gordon Crawford also lining up to support Icahn, Yang's time at the company is coming to an…
A relentless neophilia is Silicon Valley's signature characteristic. One must have a new iPhone, a new Twitter, a new electric car. You're either in beta or in the grave. That's why I'm intrigued by two decisions by Dell and Sony. Dell has figured out a way to wriggle around Microsoft's licensing rules and still…
As new media gets big, it remains small at heart - and not in a good way. Boing Boing, the popular tech-culture blog, has offered a tardy defense of its mass deletion of posts mentioning a sex blogger from its archive, and it amounts to this: Because Boing Boing started as a personal blog, it's entitled to be as…
Tired of fielding lawsuits from patent trolls and scared of court injunctions like that faced by RIM which nearly shut down the company's BlackBerry service, Google, Hewlett-Packard, Cisco, Verizon and Ericsson are among the companies rumored to be behind the formation of the Allied Security Trust. Ponying up …
Yahoo shares are almost below $20 in morning trading and as the company approaches its August 1 annual meeting, Yahoo's directors have finally begun to fear for their jobs and their reputations. They're negotiating with Yahoo's major shareholders and, along with agreeing to renew talks with Microsoft and approach…
Microsoft co-founder, former CEO and executive chairman Bill Gates should be just about wrapping up his last day as a full-time employee of Microsoft and moving on to head up the Bill and Melinda Gates Foundation. While I never met the man, he certainly loomed large in my life growing up in Seattle and beyond. While…
What's going on over at FriendFinder Networks, née Penthouse Media Group? Apparently the effort to migrate into an online publishing and social networking powerhouse is being hampered by developers dissatisfied with working conditions and an inability to hire new staff — even though supervisor Anthony Previte…
If you were over 30 years old when you signed up for Facebook, you never got the option to look for "Random Play" — that's what the "kids" are calling it now. Sheryl Sandberg's new No Fun regime at Facebook has taken it a step further: They've removed the Random Play option from some people, including me, who'd…
Second Life, the 3D virtual world favored by furries and the digital departments of ad agencies desperate to convince clients how cutting-edge they are, is celebrating its fifth anniversary this year. In that time, little has changed — the same poorly-rendered polygons and textures move through the same largely…
The microfamous are set to lose one of their own to the squealing hordes who follow the macrofamous when sk8r pop sensation Avril Lavigne's Girlfriend becomes the most viewed video on YouTube, surpassing Judson Laipply's Evolution of Dance. How are tweens planning to storm the gates of democratization in order to …
