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	<title>BoomTown &#187; Pacific Northwest</title>
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		  <title>All Things Digital</title>
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		<title>RealNetworks to Lay Off Four Percent of Staff Today</title>
		<link>http://kara.allthingsd.com/20091105/realnetworks-to-lay-off-four-percent-of-staff-today/</link>
		<comments>http://kara.allthingsd.com/20091105/realnetworks-to-lay-off-four-percent-of-staff-today/#comments</comments>
		<pubDate>Thu, 05 Nov 2009 08:34:22 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Digital Daily]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[John Paczkowski]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Microsoft]]></category>
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		<category><![CDATA[arrivals departures feature]]></category>
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		<category><![CDATA[earnings]]></category>
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		<category><![CDATA[layoff]]></category>
		<category><![CDATA[Pacific Northwest]]></category>
		<category><![CDATA[RealNetworks]]></category>
		<category><![CDATA[Seattle]]></category>
		<category><![CDATA[third quarter]]></category>
		<category><![CDATA[workforce]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=20317</guid>
		<description><![CDATA[The Seattle area is going to get another jobless jolt today, with RealNetworks planning to lay off four percent of its workforce, sources said.

That's a small number--just about 70 people out of its 1,700-person staff--but the move comes on the heels of layoffs of another 800 employees at nearby Microsoft yesterday.

The reasons for the layoffs at RealNetworks are, as was the case at Microsoft, to realign the workforce after the recent economic downturn and to control costs.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/11/184_6109_6015_realnetworks-logo.jpg"><img src="http://kara.allthingsd.com/files/2009/11/184_6109_6015_realnetworks-logo.jpg" alt="184_6109_6015_realnetworks-logo" title="184_6109_6015_realnetworks-logo" width="184" height="184" class="alignright size-full wp-image-20318" /></a></p>
<p>The Seattle area is going to get another jobless jolt today, with RealNetworks planning to lay off four percent of its workforce, sources said.</p>
<p>That&#8217;s a small number&#8211;just about 70 people out of its 1,700-person staff&#8211;but the move comes on the heels of <a href="http://digitaldaily.allthingsd.com/20091104/microsoft-prepping-layoffs/">layoffs of another 800 employees at nearby Microsoft</a> yesterday.</p>
<p>The software giant has cut thousands of jobs over the last year, part of a move to eliminate 5,000 positions by mid-2010.</p>
<p>While the dismissals&#8211;which are likely to be announced by managers to affected RealNetworks (RNWK) employees sometime this morning&#8211;will be global, both companies are tech leaders with headquarters in the Pacific Northwest.</p>
<p>According to sources, the reasons for the layoffs at RealNetworks are, as was the case at Microsoft (MSFT), to realign the workforce after the recent economic downturn and to control costs.</p>
<p>But RealNetworks could also hire back some of the laid-off employees, as other parts of the company are expanding.</p>
<p>The company had signaled the possibility of staff cuts previously, but had not been specific.</p>
<p>The last staff cuts at the company, which makes digital media software and tools, were larger, about <a href="http://mediamemo.allthingsd.com/20081204/realnetworks-cuts-130-75-of-workforce">130 employees sacked about a year ago</a>.</p>
<p>RealNetworks announced better-than-expected third-quarter earnings last week, barely returning to profitability by cutting costs to make up for weaker revenue.</p>
<p><em>(Digital Daily&#8217;s John Paczkowski contributed to this report.)</em></p>
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		<title>Microsoft Execs Got Compensation Axed, as Ballmer Touts "The New Efficiency" (Which Sounds Painful!)</title>
		<link>http://kara.allthingsd.com/20090930/microsoft-execs-got-compensation-axed-as-ballmer-touts-a-new-efficiency-which-sounds-painful/</link>
		<comments>http://kara.allthingsd.com/20090930/microsoft-execs-got-compensation-axed-as-ballmer-touts-a-new-efficiency-which-sounds-painful/#comments</comments>
		<pubDate>Wed, 30 Sep 2009 08:34:07 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Microsoft]]></category>
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		<category><![CDATA[financial]]></category>
		<category><![CDATA[software]]></category>
		<category><![CDATA[annual meeting]]></category>
		<category><![CDATA[Chris Liddell]]></category>
		<category><![CDATA[compensation]]></category>
		<category><![CDATA[email]]></category>
		<category><![CDATA[Kevin Turner]]></category>
		<category><![CDATA[new normal]]></category>
		<category><![CDATA[Pacific Northwest]]></category>
		<category><![CDATA[proxy filing]]></category>
		<category><![CDATA[Seattle]]></category>
		<category><![CDATA[Securities and Exchange Commission]]></category>
		<category><![CDATA[Steve Ballmer]]></category>
		<category><![CDATA[The New Efficiency]]></category>
		<category><![CDATA[Windows 7]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=18986</guid>
		<description><![CDATA[BoomTown happens to be in the Seattle area today, deep in the heart of Microsoft territory, which apparently is now living in a state of "new normal" according to a declaration by the software giant's CEO, Steve Ballmer.

Well, it all looks the same to me, but that's what he said in an "executive e-mail" post yesterday titled "The New Efficiency" about the changes brought on by the econalypse. 

Of course, it's also a new buzzword for the company's upcoming Windows 7 rollout, complete with a Web site.

Now, that's efficient!

Meanwhile, Microsoft revealed in a proxy filing that the direct compensation of its top execs in 2009 had been slashed.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/09/theshining_wideweb__470x3120.jpg"><img src="http://kara.allthingsd.com/files/2009/09/theshining_wideweb__470x3120-250x165.jpg" alt="theshining_wideweb__470x312,0" title="theshining_wideweb__470x312,0" width="250" height="165" class="alignright size-medium wp-image-18988" /></a></p>
<p>BoomTown happens to be in the Seattle area today, deep in the heart of Microsoft territory, which apparently is now living in a state of &#8220;new normal&#8221; according to a missive by the software giant&#8217;s CEO, Steve Ballmer.</p>
<p>Well, it all looks the same to me, but in an &#8220;executive e-mail&#8221; post yesterday titled <a href="http://www.microsoft.com/mscorp/execmail/2009/09-29NewEfficiency.mspx">&#8220;The New Efficiency,&#8221;</a> Ballmer has continued to stress a theme <a href="http://kara.allthingsd.com/20090206/microsofts-steve-ballmer-talks-innovation-at-democratic-policy-confab-the-full-speech">he has been sounding since earlier this year</a> about how the entire business ecosystem has to reset itself.</p>
<p>Of course, the &#8220;new efficiency&#8221; is also the new buzzword around the upcoming launch of Windows 7 and part of an event Microsoft had in San Francisco yesterday, <a href="http://vepexp.microsoft.com/thenewefficiency">as well as a Web site</a>.</p>
<p><em>Now, that&#8217;s efficient!</em></p>
<p>Wrote Ballmer in the long post:</p>
<p>&#8220;So what is the nature of this shift? After years of economic expansion fueled by unrealistic rates of consumption and unsustainable levels of private debt, the global economy has reset at a lower baseline level of activity. Today, people borrow less, save more, and spend with much greater caution.</p>
<p>&#8220;This is the new normal and it will be with us for some time to come. The issue now is how to respond.&#8221;</p>
<p><a href="http://kara.allthingsd.com/files/2009/09/ne2.jpg"><img src="http://kara.allthingsd.com/files/2009/09/ne2-249x45.jpg" alt="ne2" title="ne2" width="249" height="45" class="aligncenter size-medium wp-image-19003" /></a></p>
<p>At the same time, in its proxy filing with the Securities and Exchange Commission in advance of its Nov. 19 annual meeting, Microsoft (MSFT) also revealed that the direct compensation of its top execs had been cut rather significantly in 2009 compared to 2008, even though the figures are still large to most average people.</p>
<p>Previously, Microsoft had announced that it had frozen merit-based raises for these execs. </p>
<p>Noted the proxy:</p>
<p>&#8220;Reflecting the company’s performance during the severe economic downturn, our executive officers, taken as a group, received Incentive Plan awards equal to 77% of their target awards and 29% lower than the comparable cash bonus and stock awards for fiscal year 2008.&#8221;</p>
<p>This was mostly due to declines in the &#8220;fair market value of the stock awards at grant,&#8221; which Microsoft tried to compensate for in a small way, mostly via increased cash incentive payments.</p>
<p>Ballmer, for example, took in $1.265 million compared to $1.34 before, while COO Kevin Turner&#8217;s take-home went from $8.6 million to $5.4 million. </p>
<p>And CFO Chris Liddell&#8211;who has been <a href="http://kara.allthingsd.com/20090423/liveblogging-the-microsoft-earnings-call-glum-chris-at-the-recessiondome">sounding the economic alarm at Microsoft</a> over the last year as its results have weakened, but in a jauntily charming Kiwi accent&#8211;took in $3.5 million, down from a previous $4.8 million.</p>
<p>Said the filing about the exec haircuts, which <a href="http://www.sec.gov/Archives/edgar/data/789019/000119312509200055/ddef14a.htm">you can read about in detail here</a>:</p>
<p>&#8220;In each case, financial results were less than expected due to the impact of worldwide economic conditions on our business. As a result, the Incentive Plan awards to our named executive officers for fiscal year 2009 were below both the target level for their awards and their actual fiscal year 2008 incentive compensation awards.”</p>
<p><a href="http://kara.allthingsd.com/files/2009/09/1.jpg"><img src="http://kara.allthingsd.com/files/2009/09/1-225x300.jpg" alt="IMG_0060.JPG" title="IMG_0060.JPG" width="225" height="300" class="alignright size-medium wp-image-18994" /></a></p>
<p>Pretty glum overall, much like the rainy winter-is-coming weather that has arrived here in the Pacific Northwest.</p>
<p>Still, in his post&#8211;in which he touts the upcoming Windows 7 and other Microsoft products as helpers to ease the economic pain, <em>natch</em>&#8211;Ballmer (pictured here at a recent analysts meeting) noted the silver lining in the dark clouds:</p>
<p>&#8220;I&#8217;m optimistic because I believe we are entering a period of technology-driven transformation that will see a surge in productivity and a flowering of innovation.&#8221;</p>
<p>Until then, apparently, as Ballmer also wrote: &#8220;With less, do more.&#8221;</p>
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		<title>Yahoo to Get 110 Percent of Search Revenue in First Two Years of Deal With Microsoft</title>
		<link>http://kara.allthingsd.com/20090728/yahoo-to-get-110-percent-of-search-revenue-in-first-two-years-of-deal-with-microsoft/</link>
		<comments>http://kara.allthingsd.com/20090728/yahoo-to-get-110-percent-of-search-revenue-in-first-two-years-of-deal-with-microsoft/#comments</comments>
		<pubDate>Wed, 29 Jul 2009 05:17:02 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[D7]]></category>
		<category><![CDATA[D: All Things Digital]]></category>
		<category><![CDATA[Google]]></category>
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		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[Yahoo]]></category>
		<category><![CDATA[advertising]]></category>
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		<category><![CDATA[video]]></category>
		<category><![CDATA[Bing]]></category>
		<category><![CDATA[Carol Bartz]]></category>
		<category><![CDATA[conference]]></category>
		<category><![CDATA[deal]]></category>
		<category><![CDATA[Pacific Northwest]]></category>
		<category><![CDATA[partnership]]></category>
		<category><![CDATA[revenue]]></category>
		<category><![CDATA[yahoo-microsoft-feature]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=16617</guid>
		<description><![CDATA[According to several sources close to the situation--under the terms of a pending large-scale deal, in which Yahoo would sell search advertising for its sites and some of Microsoft's, while Microsoft search technology would power it--Yahoo would get to keep pretty much all the revenue and more for the next three years.

Sources said that in the first two years of the partnership, which is expected to be announced tomorrow, Yahoo would keep 110 percent of all revenue. And, in the third, Yahoo would get 90 percent.

That could represent many billions of dollars, since Yahoo will be selling for both companies.

For Microsoft, the payment will--within four years--allow the company to become the de facto No. 2 search technology player after Google.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/07/110percent.png"><img src="http://kara.allthingsd.com/files/2009/07/110percent.png" alt="110percent" title="110percent" width="250" height="253" class="alignright size-full wp-image-16632" /></a></p>
<p><em>[<strong>CORRECTION:</strong> My sources, unusually reliable, were off on the 110 percent figure; as announced by Yahoo and Microsoft, "Microsoft will pay traffic acquisition costs (TAC) to Yahoo! at an initial rate of 88 percent of search revenue generated on Yahoo!'s O&#038;O sites during the first five years of the agreement."]</em></p>
<p>Oh, the details keep rolling in about the terms of the Yahoo-Microsoft online advertising and search deal, which is expected to be announced sometime tomorrow.</p>
<p>According to several sources close to the situation, as part of the pending deal&#8211;in which Yahoo (YHOO) would sell search advertising for its sites and some of Microsoft&#8217;s, while Microsoft&#8217;s Bing search technology would power it&#8211;Yahoo would get to keep pretty much all the revenue and even more for the next three years.</p>
<p>This might be the &#8220;boatloads of money&#8221; that Yahoo CEO Carol Bartz said&#8211;in <a href="http://d7.allthingsd.com/20090618/yahoo-ceo-carol-bartz-the-full-d7-session-unexpurgated">an interview with me</a> at the seventh <strong>D: All Things Digital</strong> conference in May&#8211;the company needed to strike the partnership with Microsoft (MSFT).</p>
<p>Sources said that in the first two years of the deal, Yahoo would keep 110 percent of all revenue. And, in the third, Yahoo would get 90 percent.</p>
<p>That could represent many billions of dollars, since Yahoo will be selling for both.</p>
<p>For Microsoft, the payment will&#8211;within four years&#8211;allow the software giant to become the de facto No. 2 search technology player after Google (GOOG).</p>
<p>It is not clear if there have been any guarantees on revenue made by Microsoft, but there is no upfront payment being paid to the Silicon Valley-based Yahoo. </p>
<p>As <a href="http://kara.allthingsd.com/20090728/microsoft-yahoo-deal-struck-will-be-announced-within-next-24-hours/">previously reported</a>, the pair have reached an agreement that would link the Internet giants into close partnership. </p>
<p>More to come as it develops, of course&#8211;as I wing my way to the Pacific Northwest for Microsoft&#8217;s annual meeting for analysts on Thursday in order to annoy as many top execs as possible.</p>
<p>And, in case you are interested, here is a highlights video of the interview that I did with Bartz at <strong>D7</strong>, in which she talks about Microsoft and more:</p>
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		<title>Would Microsoft's New Search Name Smell as Sweet if It Were Named After a Cherry or a Soprano?</title>
		<link>http://kara.allthingsd.com/20090421/would-microsofts-new-search-name-smell-as-sweet-if-it-were-named-after-a-cherry-or-the-sopranos/</link>
		<comments>http://kara.allthingsd.com/20090421/would-microsofts-new-search-name-smell-as-sweet-if-it-were-named-after-a-cherry-or-the-sopranos/#comments</comments>
		<pubDate>Tue, 21 Apr 2009 18:03:40 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
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		<category><![CDATA[All About Microsoft]]></category>
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		<category><![CDATA[Bing Feature]]></category>
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		<category><![CDATA[Kentucky]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=12575</guid>
		<description><![CDATA[What's in a name?

Well, a lot, actually, and BoomTown supposes it would be just like those Pacific Northwest types at Microsoft to name the new version of its search service "Bing," presumably after the cherry that is a big product in the company's home state.

That moniker is one of many being bandied about in a group the software giant could be considering for the big relaunch of its search service, which it has been prepping.

But Microsoft should forget the fruity metaphor, also rename its MSN online service "Bada" and use this motto: "Bada Bing, Bada Boom, Notta Bada Algorithm!"]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/04/product_568jpg.jpeg"><img src="http://kara.allthingsd.com/files/2009/04/product_568jpg-250x199.jpg" alt="product_568jpg" title="product_568jpg" width="250" height="199" class="alignright size-medium wp-image-12576" /></a></p>
<p>What&#8217;s in a name?</p>
<p>Well, a lot, actually, and BoomTown supposes it would be just like those Pacific Northwest types at Microsoft to name the new version of its search service &#8220;Bing,&#8221; presumably after the cherry that is a big product in the company&#8217;s home state.</p>
<p>That moniker is one of many being bandied about in a group the software giant could be considering for the big relaunch of its search service, which the company has been prepping.</p>
<p>Microsoft&#8217;s search service is currently called&#8211;<em>zzzzz</em>&#8211;Live Search.</p>
<p>&#8220;All About Microsoft&#8221; crack blogger <a href="http://blogs.zdnet.com/microsoft/?p=2440">Mary-Jo Foley of ZDNet</a> recently wrote about the Bing name, which is registered to the company, as well as &#8220;Hook&#8221; and the one that Microsoft is using now as its test name, Kumo.</p>
<p><a href="http://kara.allthingsd.com/20090302/a-sneak-peek-look-at-microsofts-new-kumo">Kumo means &#8220;cloud&#8221; and &#8220;spider&#8221;</a> in Japanese, which seems a wee bit esoteric.</p>
<p>Today, <a href="http://www.paidcontent.org/entry/419-yet-another-microsoft-search-brand-this-time-for-phones/">paidContent.org dropped &#8220;Sift&#8221;</a> into the mix, although it seems to be related to mobile phones, along with &#8220;Swivel.&#8221;</p>
<p>I, for one, am feeling both like flour and getting dizzy at the thought of those names.</p>
<p>Foley at ZDnet feels the same, <a href="http://blogs.zdnet.com/microsoft/?p=2562">noting today in a post</a>:</p>
<p>&#8220;(Would Microsoft be crazy enough to trademark its general Web search engine and its search engine for mobile with two different names, say Bing and Sift? As Windows Live has shown, truth can be stranger than fiction&#8230;.)&#8221;</p>
<p>Microsoft (MSFT), of course, is keeping the name for its search service under tight wraps, but it is obviously going to be spending a shipload of money on its branding in another attempt to catch market leaders Google (GOOG) and Yahoo (YHOO). </p>
<p><a href="http://kara.allthingsd.com/20090420/update-on-yahoo-microsoft-talks-hot-and-heavy/">Microsoft has been recently talking to Yahoo about a search partnership deal</a>, although they are likely both to keep their brands and search products in any event.</p>
<p>Nonetheless, execs and minions in the know laugh at me loudly when I ask them to leak it to me.</p>
<p>(Note to anyone at Microsoft: Pretty please, someone leak it to me, even if it&#8217;s in the form of a memo from the leaky cauldron that is Yahoo.)</p>
<p><a href="http://kara.allthingsd.com/files/2009/04/200px-frobe1jpg.jpeg"><img src="http://kara.allthingsd.com/files/2009/04/200px-frobe1jpg.jpeg" alt="200px-frobe1jpg" title="200px-frobe1jpg" width="200" height="244" class="alignleft size-full wp-image-12578" /></a></p>
<p>I doubt someone will, though. &#8220;It&#8217;s like Fort Knox secret,&#8221; said one Softie source, referring to the Kentucky fortress where the largest amount of the United States gold reserves are stored.</p>
<p>Hey, if <a href="http://en.wikipedia.org/wiki/Auric_Goldfinger">Auric Goldfinger</a>, OddJob and Pussy Galore could get into Fort Knox in that most excellent James Bond film, I can certainly find out the name of Microsoft&#8217;s search service!</p>
<p>Personally, I like Bing, and cherries from Washington state are indeed tasty (and coming soon too!)</p>
<p>According to the <a href="http://www.heartofwashington.com/consumer/cherries.html">Heart of Washington</a> Web site, its state&#8217;s cherries rate. Some fun factoids:</p>
<p>- Washington State produces more than 50 percent of all the sweet cherries in the United States.<br />
- The Rainier cherry, which is yellow with a red blush, was made from a cross between two dark red cherries, the Van and Bing.<br />
- Americans eat approximately 2.6 pounds of cherries per year.<br />
- There are approximately 53 pitted cherries in one pound of cherries.<br />
- The Bing cherry, which all cherries are measured against, was first developed in 1874 in Milwaukie, Ore.<br />
- The Bing cherry was named after one of Seth Lewelling&#8217;s workers. The Bing cherry was developed by Seth Lewelling.<br />
- Washington cherries are shipped around the world; the top three foreign markets are Canada, Taiwan and Japan.<br />
- In 2001, there were 29,000 acres of sweet cherries in the state.<br />
- The Washington cherry season begins in late May with some product seen at farmer&#8217;s markets. Commercial shipping begins around June 5, and will continue until mid-August. The peak of the season runs from June 20 to Aug. 1.</p>
<p><a href="http://kara.allthingsd.com/files/2009/04/sopranos1jpg.jpeg"><img src="http://kara.allthingsd.com/files/2009/04/sopranos1jpg-150x150.jpg" alt="sopranos1jpg" title="sopranos1jpg" width="150" height="150" class="alignright size-thumbnail wp-image-12577" /></a></p>
<p>Plus, if Microsoft uses Bing, they could also rebrand their MSN online service, &#8220;Bada&#8221; and their email product, &#8220;Boom.&#8221;</p>
<p>Then, they can get Tony Soprano as their spokesman with the motto: &#8220;Bada Bing, Bada Boom, Notta Bada Algorithm!&#8221;</p>
<p>Or better still: &#8220;If you use Google, we&#8217;ll whack you!&#8221;</p>
<p>Now, that&#8217;s more like it.</p>
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		<title>Kara Visits iLike in Seattle!</title>
		<link>http://kara.allthingsd.com/20080723/kara-visits-ilike-in-seattle/</link>
		<comments>http://kara.allthingsd.com/20080723/kara-visits-ilike-in-seattle/#comments</comments>
		<pubDate>Wed, 23 Jul 2008 21:39:22 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[music]]></category>
		<category><![CDATA[video]]></category>
		<category><![CDATA[Ali Partovi]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[AOL]]></category>
		<category><![CDATA[Bebo]]></category>
		<category><![CDATA[Bob Pittman]]></category>
		<category><![CDATA[Hadi Partovi]]></category>
		<category><![CDATA[hi5]]></category>
		<category><![CDATA[iLike]]></category>
		<category><![CDATA[iTunes]]></category>
		<category><![CDATA[Last.fm]]></category>
		<category><![CDATA[Orkut]]></category>
		<category><![CDATA[Pacific Northwest]]></category>
		<category><![CDATA[Rhapsody]]></category>
		<category><![CDATA[Seattle]]></category>
		<category><![CDATA[TicketMaster]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=2404</guid>
		<description><![CDATA[On my recent trip to Seattle, I visited the offices of iLike, in the Capitol Hill section of that lovely Pacific Northwest city, to take a video gander at one of the more interesting start ups to emerge from the social networking arena.

The music discovery site, unlike a lot of others in its sector, has been plugging away for several years with much less funding (about $16 million from the founding Partovi twin brothers, former AOL wunderkind Bob Pittman and a big slug from Ticket Master), but a lot more impact.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2008/07/ilikelogo.png"><img src="http://kara.allthingsd.com/files/2008/07/ilikelogo.png" alt="" title="ilikelogo" width="225" height="90" class="alignright size-medium wp-image-2405" /></a></p>
<p>On my recent trip to Seattle, I visited the offices of <a href="http://www.ilike.com">iLike</a> in the Capitol Hill section of that lovely Pacific Northwest city to take a video gander at one of the more interesting start ups to emerge from the social-networking arena.</p>
<p>The music discovery site, unlike a lot of others in its sector, has been plugging away for several years with much less funding&#8211;about $16 million from the founding Partovi twin brothers, former AOL (TWX) wunderkind Bob Pittman and a big slug from Ticketmaster (IAC)&#8211;but with a lot more impact.</p>
<p>Like its competitors, such as Last.fm, it has forged its popularity by focusing on linking its users with one other and musical artists via what they like to listen to.</p>
<p>Kind of like that old shampoo clich&eacute;: She told two friends and she told two friends and so on and so on and so on.</p>
<p>It&#8217;s actually quite an infectious app and also Web site, with 30 million registered users, and it&#8217;s one of the few that is useful on social-networking sites like Facebook, hi5, Orkut and Bebo.</p>
<p>So useful, in fact, that Facebook has selected the service as one of only<a href="http://kara.allthingsd.com/20080722/some-facebook-apps-are-actually-more-equal-than-others/"> two &#8220;preferred&#8221; partners</a>, a designation Facebook announced today at its second developers conference in San Francisco.</p>
<p>iLike was the brainchild of Ali and Hadi Partovi, longtime Web entrepreneurs who have also worked at big companies like Microsoft (MSFT), and whose interest in music and online delivery was the inspiration for the site.</p>
<p>To make money, iLike has a number of businesses.</p>
<p>First and foremost it is essentially a lead-generator for sites like Amazon (AMZN), iTunes, Ticketmaster, and more recently, the Rhapsody subscription music service, with which it just added a somewhat restricted full-song playback offering.</p>
<p>And iLike has just launched an ad platform for concert promoters.</p>
<p>The brand itself, although focused on music right now, obviously has extension possibilities (iLike movies? iLike TV? iLike tacky theme parks?).</p>
<p>Most observers of iLike assume it will sell to a larger entity eventually, such as Ticketmaster, for whom the site has become a major referrer.</p>
<p>But the Partovis&#8211;who have sold start ups before&#8211;insist they want to build the iLike brand.</p>
<p>Here&#8217;s a video interview with Hadi Partovi in which we talk about all this and more, along with a tour of iLike&#8217;s offices:</p>
<div class="video-wsj"><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={1683872052}&playerid=4001&plyMediaEnabled=1&configURL=http://wsj.vo.llnwd.net/o28/players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="320" height="240" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div>
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		<title>Who Has Stolen the Old Jerry Yang? (But No Need to Return Him!)</title>
		<link>http://kara.allthingsd.com/20080720/who-has-stolen-the-old-jerry-yang-but-no-need-to-return-him/</link>
		<comments>http://kara.allthingsd.com/20080720/who-has-stolen-the-old-jerry-yang-but-no-need-to-return-him/#comments</comments>
		<pubDate>Sun, 20 Jul 2008 09:38:00 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[D: All Things Digital]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[Yahoo]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[Bill Miller]]></category>
		<category><![CDATA[Blake Jorgensen]]></category>
		<category><![CDATA[Carl Icahn]]></category>
		<category><![CDATA[fight]]></category>
		<category><![CDATA[ISS Governance Services]]></category>
		<category><![CDATA[Jerry Yang]]></category>
		<category><![CDATA[Legg Mason Capital Management]]></category>
		<category><![CDATA[Luddite]]></category>
		<category><![CDATA[Pacific Northwest]]></category>
		<category><![CDATA[proxy]]></category>
		<category><![CDATA[sacred cow]]></category>
		<category><![CDATA[Seattle]]></category>
		<category><![CDATA[shareholder]]></category>
		<category><![CDATA[Sue Decker]]></category>
		<category><![CDATA[takeover]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=2371</guid>
		<description><![CDATA[Could the new and improved Yahoo CEO Jerry Yang actually manage to beat back the proxy fight being waged against him by activist investor Carl Icahn?

It increasingly looks that way, with only 12 days to go until Yahoo's annual meeting on August 1.

But exactly which Yang will be running Yahoo, if he does win, is probably the most important question shareholders need to ask.

Would that be the seemingly energetic Yang of the past two weeks, invigorated by the battle with Icahn and his new best friend and Yahoo foe, Microsoft?

Or will it be the other Yang?]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2008/07/new_and_improved.jpg"><img src="http://kara.allthingsd.com/files/2008/07/new_and_improved-300x300.jpg" alt="" title="new_and_improved" width="200" height="200" class="alignright size-medium wp-image-2372" /></a></p>
<p>Could the new and improved Yahoo CEO Jerry Yang actually manage to beat back the proxy fight being waged against him by activist investor Carl Icahn?</p>
<p>It increasingly looks that way, with only 12 days to go until Yahoo&#8217;s annual meeting on Aug. 1.</p>
<p>But exactly which Yang will be running Yahoo (YHOO), if he does win, is probably the most important question shareholders need to ask.</p>
<p>Will it be the seemingly energetic Yang of the past two weeks, invigorated by the battle with Icahn and his new best friend and Yahoo foe, Microsoft (MSFT)?</p>
<p>Or will it be the <em>other</em> Yang? </p>
<p>Because for months and months now, since Microsoft waged its takeover bid on the Internet company he founded, the woe-is-me vibe emanating from Yang has been working the last nerve of anyone paying attention to the proceedings.</p>
<p><a href="http://kara.allthingsd.com/files/2008/07/magnetic_foam_alphabet_letters320.jpg"><img src="http://kara.allthingsd.com/files/2008/07/magnetic_foam_alphabet_letters320-292x300.jpg" alt="" title="magnetic_foam_alphabet_letters320" width="240" height="250" class="alignleft size-medium wp-image-2373" /></a></p>
<p>Given that this vibe was combined with a kind of cave dweller PR strategy of not speaking publicly&#8211;other than releasing an indignant, noncapitalized letter every now and then about the situation&#8211;some questioned Yang&#8217;s ability to gin up the kind of passion needed to bring Yahoo back from its current straits.</p>
<p>Even before the Microsoft parry in February, the ho-hum mood had trickled down to the troops, causing lower morale, too many departures and a general feeling&#8211;deserved or not&#8211;that Yahoo has been circling the drain for much too long under its current lackluster leadership.</p>
<p>And, let us not forget the drippy stock performance either.</p>
<p>And while BoomTown, especially, has to give both Yang and also Yahoo President Sue Decker much credit for appearing onstage at our sixth <a href="http://d6.allthingsd.com/20080528/yang_decker/"><strong>D: All Things Digital</strong></a> conference in May, most who saw the appearance (we posted the whole thing last week, <a href="http://kara.allthingsd.com/20080714/the-entire-d6-interview-with-yahoos-jerry-yang-and-sue-decker-1-of-4/">starting here)</a> were not blown away by the performance, considering it too enervated.</p>
<p>What then, do we make of the current round of pugnacious, dare-we-say, passionate, and, as it seems, pretty effective moves Yang has made this week to ward off the attacks of Icahn and Microsoft?</p>
<p><span id="more-2371"></span></p>
<p><a href="http://kara.allthingsd.com/files/2008/07/111.jpg"><img src="http://kara.allthingsd.com/files/2008/07/111-300x214.jpg" alt="" title="cows" width="250" height="175" class="alignright size-medium wp-image-2374" /></a></p>
<p>I should have gotten clued-in to the shift when Yang actually made contact with me on July 9, after being out-of-touch for many, many moons, presumably due to pique over my <a href="http://kara.allthingsd.com/20071025/day-100/">100-day Sacred Cow Countdown</a> (he started it!).</p>
<p>As it happened, I was in Seattle visiting a lot of Pacific Northwest companies, including Microsoft, when he called.</p>
<p>After our discussion, I published these choice quotes from Yang in a post on July 10, titled <a href="http://kara.allthingsd.com/20080710/jerry-yangs-pledge-not-on-my-watch/">&#8220;Jerry Yang&#8217;s Pledge: Not on My Watch&#8221;</a>:</p>
<p>&#8220;I think handing over the company to Carl Icahn for the express purpose of hoping he can negotiate a complex deal with Microsoft is a big mistake for shareholders. This is particularly true since Icahn has no plan B and therefore will have no leverage and will be dealing with Microsoft from a position of weakness.</p>
<p>&#8220;Furthermore, Microsoft&#8217;s interest in Yahoo has been inconsistent at best and they refuse to even put a firm proposal on the table. Their motivations are suspect and there is simply no good reason to think they will actually show up at the end of the day. And then what will shareholders be left with? A weakened, Icahn-controlled Yahoo.&#8221;</p>
<p>Then Yang went into overdrive over that next weekend as Yahoo managed to make a new Microsoft search proposal&#8211;which was really very, very generous&#8211;look radioactive by loudly declaring that Icahn&#8217;s taking over of Yahoo was crazy-glued to the plan. </p>
<p><a href="http://kara.allthingsd.com/20080714/microsoft-hits-back-at-yahoo-but-offer-still-stands-with-or-without-carl-icahn/">It was not</a>, but no amount of Microsoft spinning could undo the damage of what looked like a goofy power play by Icahn and Microsoft.</p>
<p>That was followed at the end of last week by the news that Yahoo had convinced one big investor, Bill Miller of Legg Mason Capital Management (who has always been a supporter of Yang and especially, Decker), to back the current board.</p>
<p>Legg Mason owns about 4.4 percent of Yahoo.</p>
<p>While not saying it was final, Miller noted that it was his intention to stick with Yahoo&#8217;s leadership, adding that he also wanted Yahoo and Icahn to settle their differences before the annual meeting.</p>
<p>Of course, Miller still tried to get Microsoft back to the table, noting, &#8220;If Microsoft wants to acquire Yahoo, it can make the terms and conditions of its offer public.&#8221;</p>
<p>One can hope, Bill! (Actually, as I have written many times, <a href="http://kara.allthingsd.com/20080602/microhoo-a-deal-must-be-done/">Microsoft should make that move</a> if it really intends to compete against Google.)</p>
<p><a href="http://kara.allthingsd.com/files/2008/07/yahoohomepageicahnqtn.png"><img src="http://kara.allthingsd.com/files/2008/07/yahoohomepageicahnqtn-300x174.png" alt="" title="yahoohomepageicahnqtn" width="300" height="175" class="alignleft size-medium wp-image-2375" /></a></p>
<p>But, best of all, was Yahoo sticking a big fat banner on its much-trafficked home page Friday, alerting its users&#8211;most of whom were really just minding their own business and trying to get their daily horoscopes.</p>
<p>Nonetheless, in a box that flashed various outrages about the proxy fight, Yahoo linked to a <a href="http://proxyfacts.yahoo.com/">presentation that pretty much called Icahn a Luddite</a>. It included a quote attributed to him from The Wall Street Journal: &#8220;It&#8217;s hard to understand these technology companies.&#8221;</p>
<p>You can say that again, Carl!</p>
<p>And Yang did say it again in video message to Yahoo employees, noting, &#8220;We&#8217;re taking full advantage of the power of our network to remind our stockholders why voting for Carl Icahn&#8217;s board of directors is a bad choice.&#8221;</p>
<p>Ah, there is nothing like a technically clueless billionaire as an enemy to get Yang&#8217;s blood boiling!</p>
<p>Apparently, that has helped employee morale too. This weekend, I have heard from several execs contemplating leaving, tired of waiting for the 12th shoe to drop, who noted that more passion from Yang was helping.</p>
<p>&#8220;People feel like he is showing some strength, which you never see,&#8221; said one. &#8220;It sounds corny, but we want someone we believe in.&#8221;</p>
<p>Well, we&#8217;ll see if institutional investors believe, after they get a recommendation midweek from the large proxy-advisory service ISS Governance Services, which Yang and other Yahoo execs and board members visited last week to make their case.</p>
<p>That will come one day after Yahoo releases its <a href="http://kara.allthingsd.com/20080707/yahoos-next-real-challenge-july-22-q2-earnings-report/">second-quarter earnings</a> on Tuesday, which I am sure will be decent, as they just <em>have</em> to be, considering the hubbub around Yahoo.</p>
<p>(And you can be sure Yahoo CFO Blake Jorgensen is working overtime this weekend, adding in all he can to make the picture as pretty as possible.)</p>
<p>It&#8217;ll be a big week for Yahoo, as usual, made bigger if Icahn does not mount an effective offense, such as <a href="http://kara.allthingsd.com/20080709/wheres-the-beef-carl/">releasing a cogent plan of his own and showing he has some managers</a> in the wings who can run Yahoo if he were to get the reins.</p>
<p><a href="http://kara.allthingsd.com/files/2008/07/i-was-waiting-for-you-to-ca.jpg"><img src="http://kara.allthingsd.com/files/2008/07/i-was-waiting-for-you-to-ca-300x240.jpg" alt="" title="i-was-waiting-for-you-to-ca" width="250" height="200" class="alignright size-medium wp-image-2376" /></a></p>
<p>Which Yang is not showing any signs of giving up anytime soon.</p>
<p>I fully expect Yang to get even more hopped up this week with more speeches to employees, more visits to shareholders and perhaps even more calls to the press. (BoomTown is waiting by the phone!)</p>
<p>Of course, this is all just show. And while it&#8217;s a good one, as I said, the most important thing everyone has to keep in mind is what this all means after Aug. 1.</p>
<p>So I have some questions for Yang:</p>
<p>Does he have the energy and vision and, most important, management chops, to really move the needle at Yahoo and make the kinds of changes it needs? </p>
<p>And what are those changes? More of the same direction (more social, more open) or perhaps a much more radical focus on core businesses like content and communications?</p>
<p>And what about search, a losing game as Yahoo inevitably will be crushed between Google (GOOG) and Microsoft? And what about fending off that <a href="http://kara.allthingsd.com/20080716/microsofts-trojan-horse-also-googles-display-advertising/">pair&#8217;s new focus on display advertising</a>, where Yahoo does excel? </p>
<p>Will Yang, if he does not think he has what it takes, be willing to step aside? And does that mean Decker will become CEO, or will he bring in new outside execs who have not been part of the problems of the past?</p>
<p>I could go on and on, of course, but it pretty much boils down to one key question:</p>
<p>Is the Yang who acts like he can win <em>really</em> here to stay?</p>
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		<title>Kara Visits Seattle (No Sign of Carl Icahn at Microsoft Though!)</title>
		<link>http://kara.allthingsd.com/20080708/kara-visits-seattle-no-sign-of-carl-icahn-at-microsoft-though/</link>
		<comments>http://kara.allthingsd.com/20080708/kara-visits-seattle-no-sign-of-carl-icahn-at-microsoft-though/#comments</comments>
		<pubDate>Wed, 09 Jul 2008 00:18:59 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[Yahoo]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[social networking]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[Barack Obama]]></category>
		<category><![CDATA[Delve Networks]]></category>
		<category><![CDATA[iLike]]></category>
		<category><![CDATA[MSN]]></category>
		<category><![CDATA[Pacific Northwest]]></category>
		<category><![CDATA[Palo Alto]]></category>
		<category><![CDATA[RealNetworks]]></category>
		<category><![CDATA[Redmond]]></category>
		<category><![CDATA[Rob Glaser]]></category>
		<category><![CDATA[Seattle]]></category>
		<category><![CDATA[The Wall Street Journal]]></category>
		<category><![CDATA[Washington]]></category>
		<category><![CDATA[Wetpaint]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=2294</guid>
		<description><![CDATA[Over the last two days, BoomTown has been enjoying the perfect Pacific Northwest summer weather, visiting several Seattle-based companies and also Microsoft HQ in nearby Redmond. 

Seattle is still essentially Silicon Valley North, except a lot more laid back and with less of an egregiously opportunistic, what's-the-next-hot- start-up tone one feels any day of the week in Palo Alto.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2008/07/seattle.jpg"><img src="http://kara.allthingsd.com/files/2008/07/seattle-297x300.jpg" alt="" title="seattle" width="200" height="210" class="alignright size-medium wp-image-2295" /></a></p>
<p>Over the last two days, BoomTown has been enjoying the perfect Pacific Northwest summer weather, visiting several Seattle-based Internet companies and also Microsoft HQ in nearby Redmond. </p>
<p>Seattle is still essentially Silicon Valley North, except a lot more laid back and with much less of an egregiously opportunistic, what&#8217;s-the-next- hot-start-up tone one feels any day of the week in Palo Alto.</p>
<p>I used to come to Washington state a lot about a decade ago, while covering Microsoft&#8217;s MSN, RealNetworks (RNWK) and Amazon (AMZN)&#8211;which continue to be the major trio of digital bigwigs here&#8211;as the Internet beat reporter at The Wall Street Journal.</p>
<p>I plan on coming back a lot more over the next year, focusing more closely on Microsoft&#8217;s (MSFT) still uncertain Web efforts and also on a wide range of other companies here.</p>
<p>So far, it seems to be off to a good start.</p>
<p>While here I had a blabby dinner with RealNetworks&#8217; Rob Glaser, where we talked about online games and music and Sen. Barack Obama (Glaser is a big supporter).</p>
<p>I also went to see Delve Networks (or, as I like to call it&#8211;Not-Brightcove), social networking facilitator WetPaint and the music social networking service iLike (which I <em>really</em> like).</p>
<p>Also on the agenda was a day-long visit to Microsoft, to get updated on some thankfully non-Yahoo products and services and what the company&#8217;s research and Live Labs units are working on. </p>
<p>Of course, there was Yahoo talk too, but&#8211;even up here&#8211;it&#8217;s hard to avoid.</p>
<p>All this and more will be part of postings and videos next week in this column on what the geeks in this coffee-inundated city are up to.</p>
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