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Thursday, June 25, 2009

Photobucket Layoffs Today: One-Third of Staff Let Go; Other FIM Units Also Impacted

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The layoffs at Fox Interactive Media moved on to Photobucket today, as one-third of its staff of about 120 were let go, sources close to the situation said.

The photo- and video-hosting service was bought for $250 million in mid-2007 by News Corp.

A FIM spokesperson confirmed the layoffs after being contacted by BoomTown, but declined to give specific numbers. But sources told me a total of about 75 people were fired.

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Wednesday, June 24, 2009

Weiner Nabs CEO Job at LinkedIn; Hoffman to Executive Chairman (Plus the Official Press Release)

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In a move that many in the Silicon Valley chattering classes were certainly wondering about, former Yahoo exec Jeff Weiner has been named CEO of LinkedIn, the largest social network focused on professionals.

Weiner, 39, who has been the president of the Mountain View, Calif.-based company since late last year, will also join the board of directors.

Current CEO, Chairman and founder Reid Hoffman will become executive chairman and will continue to work on a daily basis at LinkedIn. He said the move was not part of preparations for an initial public offering but because Weiner had already been handling the duties of CEO for some time.

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Tuesday, June 23, 2009

Confirmed: Travis Katz Remains at MySpace as International Head (Though With 66.7 Percent Less Staff)

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Earlier today, there was an odd little news kerfuffle around the status of MySpace international head Travis Katz, as the troubled social-networking site laid off 300 of its non-U.S. employees.

Last week, MySpace announced it was reducing its U.S. staff by 420 workers in what has been a major restructuring for the News Corp. unit.

Well, to clear up the is-he-is-or-is-he-ain’t question, it turns out Katz is definitely not leaving in the current shake-up.

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Monday, June 22, 2009

Another Top Exec Gone From FIM, as It Readies a Name and Structure Change

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Mike Angus, EVP and General Counsel of Fox Interactive Media, is leaving that job for another in New Corp., as new digital head Jon Miller continues to reshape the division.

Last week, BoomTown reported that FIM CFO Ed McKenna was leaving his post and the company, part of many changes taking place related to News Corp.’s digital properties.

It’s all part of a major rejiggering of the News Corp. digital unit, which came into being almost four years ago, although not an elimination of the unit, as has been reported.

More likely, it will likely include a name change–perhaps to the Digital Media Group–as well as a much streamlined organization that gives more autonomy to FIM’s Web, online advertising and publishing technology units.

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Wednesday, June 17, 2009

MySpace: After the Layoffs, Here’s What’s What and What’s Next

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Now what?

The party-all-night social-networking site that has been MySpace so far got a massive morning-after shock yesterday when 30 percent of its workforce was laid off.

And today, MySpace, which is still 1,000-strong, has to face the cold, harsh light of day in the aftermath of the restructuring and get busy quickly figuring out a way to reinvigorate a brand that has suffered after a stunning rocket of a start many years ago.

So, based on many sources I have spoken to over the last week, here’s a rundown of the next steps MySpace will likely be taking and who’ll be making them.

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Tuesday, June 16, 2009

Yahoo CEO Carol Bartz: The Full D7 Session (Unexpurgated!)

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Yes, Yahoo CEO Carol Bartz did indeed drop the F-bomb on BoomTown quite expertly in an onstage interview at the seventh D: All Things Digital conference recently–and, yes, it was both expected and enjoyable.

(In this picture, she is clearly trying to hypnotize me with her stare.)

But that’s not all the voluble leader of the long-troubled Internet company said in what was a sassy, funny and very lively session at D7, where she talked about a lot of topics, from Microsoft to Google to the state of the advertising market in the weak economy.

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Monday, June 8, 2009

Coming to a Web Site Near You (This One): The Entire D7 Interview and Demo Sessions

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Tomorrow, just two weeks after it took place, All Things Digital will start posting the full sessions of the recent seventh D: All Things Digital conference.

We could not accommodate everyone who wanted to come in person, so you have already lost the opportunity to annoy major tech and media moguls and my mother all in one place (although Mission Accomplished! for BoomTown), but will be able to see all the content onstage here, in its entirety, on ATD, in the exact order we put on the show at the conference.

As a primer, here’s News Corp. CEO Rupert Murdoch and singer Jill Sobule opening the show.

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Tuesday, May 19, 2009

It Won’t Be Baaaaaaack: “Terminator: The Sarah Connor Chronicles” Canceled (But Here’s a Resistance Video From John Connor!)

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Big, giant and prolonged sigh–as well as a cranky-old-lady shake of the fist–to our distant cousins over at the Fox television network who dinged BoomTown’s favorite sci-fi show, “Terminator: The Sarah Connor Chronicles,” today.

I am officially in a Summer Glau funk, with major gadget withdrawal.

Loosely based on the movie franchise, the show garnered a passionate fan base online and off, but not enough to merit being renewed. It’s ironic since the latest film in the cyborg-versus-man epic, “Terminator Salvation,” will open this Thursday.

But one of the TV show’s stars is fighting back online. All hail the Resistance!

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Tuesday, May 5, 2009

Ignore the Twitter Buyout Rumors: Here Are the Facts in Five Beyoncé-Madonna-Approved Steps

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Was it more than a month ago that the Google was rumored to be in “late-stage negotiations to acquire Twitter”?

Not so much late-stage, I guess. So, I guess it should come as no surprise that it was time to fob yet another rumor that yet another moneybags of a company–this time, Apple–is in “late-stage negotiations to buy Twitter.”

But despite very serious interest in the hot microblogging service by every company that can afford considering such a thing, including Apple, getting across that late-stage line would require major investors in the hot start-up to be very involved, and they are not as yet.

So, rather than be on the edge of your seat about all these endless, alleged late-stage high jinks, here is a five-step list to cut out and keep when the questionable rumors of “late-stage negotiations” with Microsoft, News Corp., Verizon, Cisco and more inevitably show up.

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Monday, May 4, 2009

Welcome to Lucky D7: Still Gambling on the Digital Future

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Incredibly, this is the seventh year of the D: All Things Digital conference.

We feel very lucky to get here, especially in the midst of what our own site’s Digital Daily scribe, John Paczkowski, has so perfectly dubbed the “econalypse.”

Ironically, Walt Mossberg and I planned to launch the very first conference in the middle of the last major downturn for tech, in 2001. But, in the carnage of the Web 1.0 meltdown, we actually held off for two years, with our first D gathering taking place in 2003.

Well, we’re still going–making the same long-term bet that the digital revolution will keep rolling as we did at D1. Here’s our lineup for D7.

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Monday, April 27, 2009

MySpace Musical Chairs: Jason Hirschhorn Also In as Chief Product Officer

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MySpace has officially announced the appointment of entrepreneur and former AOL exec Mike Jones as COO, as BoomTown had reported earlier today.

But the social-networking site also named former Sling Media top exec Jason Hirschhorn as chief product officer in what has become a series of senior management moves at MySpace.

Both Hirschhorn and Jones will report to newly named CEO Owen Van Natta, the former COO of Facebook, who replaced MySpace CEO and co-founder Chris DeWolfe last week.

Once the trio get their bearings, many sources indicate that News Corp., owner of MySpace, has given Van Natta and his key execs free reign to remake the unit from top to bottom.

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Back to School: New MySpace CEO Van Natta Starts Today (Joined by Former AOL Exec Jones as COO)

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New MySpace CEO Owen Van Natta starts his first day on the job at MySpace bright and early this morning, coming to its Beverly Hills HQ as he takes over for co-founder and former CEO Chris DeWolfe.

Along with him will also be a new COO, former AOL exec Mike Jones, whose appointment will be announced this morning, sources said.

Jones was the founder of Userplane, a social-networking application maker that was bought by then-AOL head Jon Miller in 2006. Miller is now the digital chief at News Corp., which owns MySpace.

With a strong product and technology background, Jones is an excellent choice to be a partner to Van Natta–who was hired by Miller last week in a flurry of change at the social-networking site.

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Friday, April 24, 2009

Project Playlist Names Former MTV Exec Sykes as CEO, Replacing Van Natta

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Legendary former MTV Networks exec and co-founder John Sykes will replace outgoing CEO Owen Van Natta as CEO of the controversial music-sharing site, Project Playlist.

He is a high-profile choice to take over for Van Natta, who was officially named CEO of MySpace this morning by News Corp.

Sykes is well regarded in the music industry, an important criterion since Playlist has been dealing with legal attacks from some music labels. Settling with them will be key to the start-up’s survival.

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Thursday, April 23, 2009

Van Natta In at MySpace: Appointment to Be Announced Tomorrow

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Former Facebook exec Owen Van Natta will be named CEO of MySpace as early as tomorrow said sources close to the situation.

He will replace CEO and co-founder Chris DeWolfe, who stepped down from the job yesterday. DeWolfe will remain a strategic adviser at MySpace.

No other top execs at the huge social-networking site will be named yet, as some have reported.

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Wednesday, April 22, 2009

Former Facebook Exec Van Natta Set to Take Over at MySpace, as Founder DeWolfe Prepares to Step Down

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Finally, Owen Van Natta is about to win out over a founder.

The former Facebook COO is poised to become the CEO of MySpace, replacing co-founder and current CEO Chris DeWolfe.

DeWolfe will likely get a title as a special adviser to MySpace in a deal that is still coming together.

But the die seems cast for Van Natta to take over the thorny job of rehauling MySpace, which is owned by News Corp.

It’s familiar territory for him.

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About Kara

Kara Swisher started covering digital issues for The Wall Street Journal's San Francisco bureau in 1997 and also wrote the BoomTown column about the sector. With Walt Mossberg, she co-produces and co-hosts D: All Things Digital, a major high-tech and media conference. Read more »

Ethics Statement

Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.

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