AllThingsD reported late yesterday that PayPal president Scott Thompson would likely be named CEO of Yahoo. It's now official; Yahoo just put out its formal press release announcing Thompson's appointment. In appointing Thompson, Yahoo is choosing a leader with a deeper technology and product background than prior CEO Carol Bartz who was abruptly terminated last September. In the interim Yahoo CFO Tim Morse has been serving as CEO. Not going to sell itself now There had been an expectation that Yahoo was going to sell itself or a significant minority stake to a private equity buyer or ano [...]

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Yahoo held its second now annual "Product Runway" event, mc'd by product chief Blake Irving. Irving was assisted by some younger executives from companies that Yahoo had acquired in the recent past. There were four announcements, lead by the formal unveiling of Livestand, Yahoo's long-promised tablet news reader application. It competes with Flipboard, CNN's Zite, AOL Editions, Taptu, Pulse and others. Here is a quick summary of the four announcements: Livestand: Described as a "personalized living magazine," it's a mix of Yahoo's own content and third party content. There will b [...]

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There is a special Google logo on Google for Halloween today, the logo is a video of Google's Doodle team carving the Google logo out of huge pumpkins. One of the pumpkins 1,298 pounds, and many of the others are over 1,000 pounds. Here is the video of the Google logo in action: Here is a video of the Google Doodle team making the logo: Google is not the only one with an animated logo for Halloween. Both Bing and Yahoo have animated logos or themes: Yahoo: Bing: Ask.com: Dogpile: For more logos from the search industry, see my other post over he [...]

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Now that it's for sale, there are several reports indicating multiple buyers are interested in some or all of Yahoo. Among the names mentioned are Silver Lake Partners, a private equity firm, Yahoo search partner and former suitor Microsoft, News Corp. and Jack Ma of China's Alibaba, in which Yahoo owns a multi-billion dollar stake. Reuters is reporting that Yahoo has hired the infamous Goldman Sachs and Allen & Co to help potential buyers through the due diligence process, which could take "months" according to the report. The New York Times tries to value the various pieces of Yaho [...]

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The not-so-shocking news came yesterday afternoon that embattled Yahoo CEO Carol Bartz was fired. When Bartz came to power in January 2009 I compared her to then newly elected Barak Obama. Both confronted crises and high expectations. Both have seen goodwill erode and give way to disappointment. Low Employee Approval The task of both chief executives was to turn around a their respective enterprises. Obama has not been able to do it and may face an electoral ouster next year. And after a number of flat or down quarters Bartz was removed over the phone yesterday. That followed several months [...]

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