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	<title>BoomTown &#187; Kung Fu Panda</title>
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		<title>Sue Decker Says Buh-Bye to Jeff Weiner</title>
		<link>http://kara.allthingsd.com/20080616/sue-decker-says-buh-bye-to-jeff-weiner/</link>
		<comments>http://kara.allthingsd.com/20080616/sue-decker-says-buh-bye-to-jeff-weiner/#comments</comments>
		<pubDate>Tue, 17 Jun 2008 06:14:14 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[Accel Partners]]></category>
		<category><![CDATA[departure]]></category>
		<category><![CDATA[Greylock Partners]]></category>
		<category><![CDATA[Jeff Weiner]]></category>
		<category><![CDATA[Kung Fu Panda]]></category>
		<category><![CDATA[letter]]></category>
		<category><![CDATA[Sue Decker]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=2148</guid>
		<description><![CDATA[BoomTown was press-ganged into attending an afternoon showing of "Kung Fu Panda" with a pair of six-year-olds (who afterwards hiii-yaaa-kicked every trash can in sight), or I would have posted Yahoo President Sue Decker's letter to the troops she sent out today about the departure of Network division head Jeff Weiner earlier.

Actually, the movie about a misfit who conquers despite the odds would make a nice metaphor for Yahoo these days, especially if the company could be motivated to excellence simply by a desire for tasty dumplings.]]></description>
			<content:encoded><![CDATA[<p>BoomTown was press-ganged into attending an afternoon showing of &#8220;Kung Fu Panda&#8221; with a pair of 6-year-olds (who afterward <em>hiii-yaaa</em>-kicked every trash can in sight), or I would have posted Yahoo President Sue Decker&#8217;s letter to the troops she sent out today about the departure of Network division head Jeff Weiner earlier.</p>
<p><a href="http://kara.allthingsd.com/files/2008/06/kungfupanda-dumplings.jpg"><img src="http://kara.allthingsd.com/files/2008/06/kungfupanda-dumplings-300x134.jpg" alt="" title="kungfupanda-dumplings" width="300" height="134" class="alignright size-medium wp-image-2149" /></a></p>
<p>Actually, the movie about a misfit who conquers despite the odds would make a nice metaphor for Yahoo these days, especially if the company could be motivated to butt-kicking activity simply by a desire for tasty dumplings.</p>
<p><a href="http://kara.allthingsd.com/20080616/as-boomtown-already-said-weiner-moves-to-accel-and-greylock/">As I previously posted</a>, Weiner&#8217;s departure from Yahoo (YHOO) was made official today in an announcement by Accel Partners and Greylock Partners, where he will become an executive in residence. </p>
<p>I would decode this latest letter, sent to me by several Yahoos, as usual, but it is kind of vintage Yahoo&#8211;with an all&#8217;s-well-that-ends-badly tone of most of the company&#8217;s missives of late.</p>
<p>So let&#8217;s just let it speak for itself:</p>
<p><em>As some of you may know, Jeff Weiner and his wife Lisette celebrated the birth of their new baby girl, Sophia, four weeks ago, and Jeff has been on a scheduled paternity leave. Over the course of his time away, Jeff and I spoke a few times as he reflected on his priorities. After careful consideration, he has decided to leave Yahoo to spend more time at home with his new family before beginning a new chapter in his career. On an interim basis, Jeff&#8217;s team will report to me as we consider how to best move the organization forward.</p>
<p>Over the past seven years, Jeff has played a key role in Yahoo&#8217;s expansion and transformation, holding a variety of senior management positions. His leadership of YND has been invaluable in building a strong foundation for the growth of our consumer products. Jeff has put his heart and soul into Yahoo, and we sincerely appreciate and value all of his hard work and many contributions.</p>
<p>In addition to acknowledging Jeff, I want to recognize all of you for the unbelievable commitment and energy that you have demonstrated over the last several months as we continue to fulfill our strategic objective to be the leading starting point on the Web. This hard work translates into our numbers. According to the just-released May comScore metrics, Yahoo continues to have the most engaged audience in the U.S., with 37 billion total minutes in time spent, and is the most visited site in the U.S., with 3.7 billion visits and an average of 26 visits per user. Yahoo’s starting points each maintained the No. 1 (Homepage, My Yahoo, Mail) or No. 2 (Search) positions in their categories, and our key content properties (Yahoo News, Sports Finance and Entertainment) are each No. 1 in their categories.</p>
<p>We&#8217;re making amazing progress on our product initiatives, as evidenced by a number of key launches in the last few months including Search Monkey, SearchScan, Flickr video, Messenger 9.0, COKE, Glue, Shine and continued updates to Buzz and our key anchor properties. Additionally, we have an exciting product line-up in the coming months to continue to make progress on our Open and Social initiatives.</p>
<p>This progress is particularly impressive considering all the distractions and uncertainty we&#8217;ve all been feeling over the past several months. I know it&#8217;s been challenging but the YND team has done an amazing job staying focused on our roadmap and delivering new products to move the business forward.</p>
<p>In the upcoming weeks, I&#8217;ll be working closely with your leadership team to determine the best next steps for the YND strategy and organization, and I will keep you updated on our progress and decisions as they are made for the Network Division. In the meantime, thank you for your support.</p>
<p>I look forward to more great things ahead, and please congratulate Jeff and wish him well on his new adventures. He will be returning to the office this week and remain with Yahoo through the end of June to facilitate the transition.</p>
<p>Sue</em></p>
<p>Also, here&#8217;s that much more entertaining chopsticks-dumpling fight scene from &#8220;Kung Fu Panda&#8221;:</p>
<p><object width="380" height="313"><param name="movie" value="http://www.youtube.com/v/pVZYVzIpi9w&#038;hl=en"></param><embed src="http://www.youtube.com/v/pVZYVzIpi9w&#038;hl=en" type="application/x-shockwave-flash" width="380" height="313"></embed></object></p>
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		<title>Memo to Carl Icahn: Please Simmer Down!</title>
		<link>http://kara.allthingsd.com/20080610/memo-to-carl-icahn-please-simmer-down/</link>
		<comments>http://kara.allthingsd.com/20080610/memo-to-carl-icahn-please-simmer-down/#comments</comments>
		<pubDate>Tue, 10 Jun 2008 12:21:08 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Apple]]></category>
		<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[Carl Icahn]]></category>
		<category><![CDATA[Facts of Life]]></category>
		<category><![CDATA[iPhone]]></category>
		<category><![CDATA[James Bond]]></category>
		<category><![CDATA[Jerry Yang]]></category>
		<category><![CDATA[Jo]]></category>
		<category><![CDATA[Kung Fu Panda]]></category>
		<category><![CDATA[letter]]></category>
		<category><![CDATA[meeting]]></category>
		<category><![CDATA[proxy]]></category>
		<category><![CDATA[Roy Bostock]]></category>
		<category><![CDATA[shareholder]]></category>
		<category><![CDATA[takeover]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/20080610/memo-to-carl-icahn-please-simmer-down/</guid>
		<description><![CDATA[One might have hoped that the Apple iPhone 3G media Hypestar that descended on the tech news arena would have been able to drown out the irksome bickering that has seemingly become a daily occurrence between billionaire investor Carl Icahn and Yahoo via dueling public letters.

But no! And, unless Microsoft mercifully steps in and forks over $34 a share to rebid for all of Yahoo, it's likely this playground-level of fighting will go on until August 1.]]></description>
			<content:encoded><![CDATA[<p>One hoped that the <a href="http://kara.allthingsd.com/20080609/wwdc-what-will-di-capi-di-tutti-apple-do/">Apple iPhone 3G media Hypestar</a> that descended on the tech news arena would have been able to drown out the irksome bickering that has seemingly become a daily occurrence between billionaire investor Carl Icahn and Yahoo (YHOO) via dueling public letters.</p>
<p>But no! And, unless Microsoft (MSFT) mercifully steps in and forks over $34 a share to rebid for all of Yahoo, it&#8217;s likely this playground-level of fighting will go on until Aug. 1.</p>
<p>Why? Because that&#8217;s when Yahoo will hold its annual meeting, which is where Icahn&#8217;s proxy fight against the company will presumably come to a head.</p>
<p><img src='http://kara.allthingsd.com/files/2008/06/189372_kungfupanda3.jpg' width='190' height='140' alt='kungfupanda2' /></p>
<p>Thus, it&#8217;ll be a long, hot, tit-for-tat summer and I expect my 3-year-old son&#8211;who can break out into &#8220;Kung Fu Panda&#8221; <em>hiii</em>-yah dementia at any moment&#8211;will be behaving better than this pair in the three months ahead.</p>
<p>I can&#8217;t believe that BoomTown is saying this&#8211;given that we hoped and prayed for the day when Yahoo would finally emerge from its year-long cone of silence and start talking.</p>
<p>As it turns out, those were the days, my friend.</p>
<p>Because the back-and-forth between Yahoo Chairman Roy Bostock and Icahn has all the annoyance of two cats howling at each other in the alley in the middle of the night and none of the suspense.</p>
<p>Let&#8217;s be clear: This is mostly Icahn&#8217;s poison-pen war, trying to whip up a big dish of shareholder ire, in order to increase his threat and, of course, the possibility of a big payday for himself.</p>
<p>Does BoomTown imagine Icahn cares one little bit about the employees of Yahoo or the best course of action for the company?</p>
<p>Not even one teeny-weeny little bit. And yet, he must drone on.</p>
<p>Like yesterday, when Icahn fired off another of his increasingly fanciful missives on the same basic theme: Yahoo is run by idiots.</p>
<p>Previously, he had focused on Yahoo&#8217;s botching of the Microsoft takeover fight, the evils of the generous severance plan Yahoo put in place and then on his intention to oust Yahoo CEO Jerry Yang.</p>
<p><img src='http://kara.allthingsd.com/files/2008/06/facts-of-life-dvd.jpg' width='190' height='220' alt='factsoflife' class='alignleft' /></p>
<p>Now, Icahn is moving onto a golden oldie with an accusation that Yahoo let Google (GOOG) clean its clock over the last few years.</p>
<p><em>What?</em> You&#8217;re kidding! Actually, even the not-so-swift Jo from &#8220;The Facts of Life&#8221; would have caught onto that fact of tech life long, long ago.</p>
<p>Nonetheless, Icahn blusters: &#8220;I ask again what your great &#8216;plan&#8217; has been over the last few years. &#8230; Why did you permit Google to leave you in the dust?&#8221;</p>
<p>Previously, he had <a href="http://kara.allthingsd.com/20080604/boomtown-decodes-carl-icahns-latest-letter-to-yahoo-the-crazy-eddie-edition/">meandered into spy-versus-spy territory</a> with this gem: &#8220;Until now, I naively believed that self-destructive doomsday machines were fictional devices found only in James Bond movies. I never believed that anyone would actually create and activate one in real life. I guess I never knew about Yang and the Yahoo Board.&#8221;</p>
<p><img src='http://kara.allthingsd.com/files/2008/06/cat.jpg' width='190' height='200' alt='catblofeld' /></p>
<p>Cue the 10-second countdown of the nuclear missile aimed at New York, as Yang strokes his white Persian cat malevolently!</p>
<p>Which is why it is perplexing that Yahoo chooses to so quickly engage with Icahn by answering such dopiness. </p>
<p>But Bostock did with the seriousness of a righteous preacher, when he stated primly last week: &#8220;Conspicuously absent from your letter is any credible plan for Yahoo other than a repetition of your insistence that the company should sell itself to Microsoft. Indeed, your stated view that &#8216;the only way to salvage Yahoo in the long if not short run is to merge with Microsoft&#8217; demonstrates that you have no other plan and causes one to wonder what exactly would happen to our company if you and your nominees were to take control of Yahoo.&#8221;</p>
<p>Well, it is a good point, but hardly one that makes me cheer for the Yahoo side to win.</p>
<p>And then again yesterday, in a letter to shareholders about the upcoming annual meeting, Yahoo gave this limp defense for not backing Icahn, without including new ideas of why its incumbent board deserved a second chance:</p>
<p>&#8220;Given Microsoft&#8217;s stated position of not wanting to acquire Yahoo, the election of Mr. Icahn&#8217;s slate could result in substantial erosion of stockholder value.&#8221;</p>
<p>Apparently, there is one thing the pair do seem to agree on, and so do I: A substantial erosion of shareholder value seems inevitable as this caterwauling continues. </p>
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