It looks like Carol Bartz will be taking on the thankless role as new Yahoo CEO.

Sources close to the situation told BoomTown–which had first named the former Autodesk CEO the top pick for the top job at the troubled Internet company last week–that Bartz has been approved for the job by the Yahoo board and has accepted it.

The Wall Street Journal is also reporting the move.

But can the experienced tech exec turn Yahoo around?

Read More »

Finally, someone who might actually understand the Internet will be taking charge of the thus-far lackadaisical government body that plays the largest role in spurring its growth.

It looks like Julius Genachowski will be tapped by President-elect Barack Obama to take on the always controversial job of chairman of the Federal Communications Commission. The news was reported in several places late yesterday, and sources with knowledge of the situation also confirmed the appointment to BoomTown.

Read More »

Today, most companies in the tech and Internet sector will close the books on what is likely to be a very disappointing fourth quarter and also close out what has turned out to be a mucho depressing year, which got hammered starting in the third.

While financial results will not out for some weeks, one does not have to be a psychic to know what’s coming: A lot of weakness, with hopes for better days ahead.

It’s a far cry from how 2008 started out, with high valuations for all. Those were the days my friend, Silicon Valley thought they’d never end, to sing and dance forever and a day. As it turned out, it was more of a swan song for Web 2.0.

Read More »

Yesterday, the one-man-band of a tech blogger, Michael Arrington, let loose with yet another outrageously indignant diatribe–this time that he and his TechCrunch site would forthwith break all news embargoes. Not content with the traffic generated last week by his obviously faked Wrestlemania bout with French entrepreneur Loïc Le Meur about the lazy-lunching Europeans, he moved on to a riff on PR people versus journalists. (What next for the Geraldo Rivera of investigative tech blogging? A withering prosecution of Yahoo CEO Jerry Yang in the HOV lane on Highway 101 in Sunnyvale without a hybrid? Quelle scandale!)

Read More »

This morning, FriendFeed, which is a kind of content delivery version of Twitter, went international, launching in six new languages–German, French, Spanish, Japanese, Russian and simplified Chinese. Now live, the move is a natural extension for the Mountain View, Calif.-based start-up–founded earlier this year by a small gang of ex-Googlers, who joined together to create a service for super-aggregating updates of all kinds for social-networking and news items in an ongoing feed. Here’s a video interview I did last week with Taylor and Buchheit about a range of topics, including–my favorite–monetization, or lack thereof, of a lot of terrific services like FriendFeed and Twitter.

Read More »

BoomTown might have been remiss in my post yesterday on top candidates for the Yahoo CEO job, in the wake of news that Jerry Yang was stepping down, by leaving out several key possibilities.

Yesterday’s roster included News Corp.’s Peter Chernin, Google’s Tim Armstrong, Kevin Johnson of Juniper Networks and also two Yahoo board members, among others.

So here is an addendum to my initial list–all of whom are Yahoo outsiders, the likely choice versus more tarnished insiders.

Read More »

Tomorrow, BoomTown is trying to find a silver lining from a group of entrepreneurs at VentureBeat’s “How to manage your start-up in the downturn” roundtable event.

Toni Schneider, chief executive of Automattic will join Max Levchin of Slide, Jason Calacanis of Mahalo, O’Melveny & Myers’ Sam Zucker, and Nirav Tolia of Web 1.0’s Epinions.

Along with my group, for whom I am planning all sorts of verbal tortures (”Exactly how much do you make?”), there is also a star-studded investors panel.

Read More »

Happy days aren’t here again, it seems.

Still, I am not quite sure what to make of his big, happy smile on Seesmic founder Loïc Le Meur’s face, which went with a story in the New York Times about start-ups cutting costs.

In fact, the whole Seesmic crew is grinning awfully hard, putting a very game face on recent layoffs that cut the staff at the video blog service by more than a third.

Read More »

Was “Here Comes Another Bubble” psychic or what?

The current tough economic situation and the deflation of the Web 2.0 bubble were certainly perfectly predicted by the huge hit online video.

In any case, it is most definitely worth another look with meltdown eyes.

Read More »

Of course, the stock market had to come roaring back and it had to be extra sunny on the very day I was scheduled to have lunch with well-known Silicon Valley investor Ron Conway to talk about the worrisome state of the digital sector.

After all, it was Conway, as well as Sequoia Capital, who sent out a stink bomb of an email last week to his start-ups to deliver a simple message: The Web 2.0 party is over.

Say it ain’t so, Ron!

Read More »

As the economy continues its very drastic downward slide–part of a binge and purge cycle that is almost classic in its psychology–it is, of course, no surprise to see Web 2.0 finally wise up.

While the quarter-dropping-in-the-slot was a bit slow, I think no one now doubts the impact of the tech and Internet business, going forward.

Of course, this change in tone is a good thing and much needed, given how frothy things had become in Silicon Valley over the last two years.

In other words, the recent excess is not the culprit, although its departure is a very good thing.

Read More »

All in good fun, right?

I am sure this will be the dumb-as-a-box-of-hammers reasoning this group of Web 2.0 folks gives for this odd video effort, doing a lip-synch romp on their group vacation in Cyprus to Journey’s “Don’t Stop Believin’,” and then posting it for all to see on Vimeo.

It is titled: “Twenty world Internet citizens met in the Turkish Republic of Northern Cyprus in October of 2008 for a week of reflections on life, love, and the Internet.”

Um, kids, here’s a reflection: While you swim in that pricey infinity pool in your luxury villa, Silicon Valley is tanking all over the place. You might want to check your email and see if Sequoia Capital or Ron Conway has cost-cutted you out of a job!

Read More »

As has been copiously reported here and all over, Yahoo and AOL have been engaged in never-ending talks about a possible deal to merge their flagging Internet businesses.

Now, sources tell me, the circle of executives at both companies interfacing with each other has been widened, for purposes of due diligence.

That includes Yahoo CEO Jerry Yang, who is in New York this week–where AOL parent, Time Warner, is located–to meet once again with its CEO, Jeff Bewkes, to see if they can actually complete the merger.

Now, all this frantic activity does not mean a deal will necessarily be struck.

But it is just this kind of ramped-up blabbery that has many at both companies predicting that a deal will go through, sooner or later, as soon as Time Warner and Yahoo can agree on a price.

Read More »

You almost have to admire the shape-shifting–if not a wee bit slippery–stylings of Slide CEO Max Levchin.

The serial entrepreneur and widget king has signed distribution deals with media giants, such as Time Warner’s Warner Bros. unit, CBS and Comcast’s E! Entertainment channel, to allow users of its FunSpace video service to look at clips from shows.

To make money, Slide will get a cut of ads sold by its media partners.

Oh my, how incredibly traditional of Levchin.

But it should probably come as no surprise that Levchin is now singing a bit of a different tune these days, as the daunting task of actually building a sustainable business model and attracting long-term advertisers has dawned on him and probably many other Web 2.0 wunderkinds.

Read More »

Before the recent crash-and-burn of the overall U.S. economy, BoomTown went all Cassandra and started talking about the worrisome weak tech stocks at the beginning of September.

Then in mid-September, after listening to the frothy statements at two demo conferences from a series of start-ups, I got even grumpier in a post called “Dear Web 2.0: It’s Still the Economy, Stupid!”

In Greek mythology, Cassandra was given the gift of prophecy, except–due to her rejection of Apollo’s affections–nobody would ever believe her warnings.

Well, this time you might want to believe it–for Silicon Valley, it really is the economy now.

Read More »