Yahoo!'s Interim CEO Doing the Right Things

NEW YORK (TheStreet) -- Yesterday I tweeted that I think Ross Levinsohn is doing a great job as interim CEO at Yahoo! (YHOO_).

I quickly got a response from tech blogger Om Malik wondering whether Ross had really done that much: "[A]nd what exactly is he doing except got the Asian equity selloff. Let's judge him in a year, not in days."

When I responded I thought that was a fair point but the leaked strategy to Business Insider looked like the best I'd seen from Yahoo! since 2006, Om countered: "[L]eaked strategy is a plan to appease angry investors. Now let's see how well it is executed. Talk is cheap, inaction expensive."

Read the full post in TheStreet

Sphere: Related Content

Forget the Post-PC World. Google Goggles are Preparing for the Post-Phone World.

I've made fun of them, but Google Goggles could be the most significant project at Google since the original work on search.

Read the full post on Forbes

Sphere: Related Content

After Dismissing Mobile for the Last 2 Years, Facebook's Zuckerberg Gets Religion. Will It Matter?

Mobile is going to be the biggest challenge ever faced by Mark Zuckerberg and Facebook.  Here's why.

Read the full post in Forbes

Sphere: Related Content

Eric Jackson on Outlook for Google, Facebook

May 25 (Bloomberg) -- Eric Jackson, founder of Ironfire Capital LLC, talks about the outlook for Facebook Inc. and Google Inc. Jackson speaks with Deirdre Bolton on Bloomberg Television's "In the Loop." (Source: Bloomberg)

Sphere: Related Content

How Big Will Alibaba Group Become?

Meet Alibaba Group.  It's soon to become bigger than either Tencent or Baidu.  The biggest Chinese Internet company in the world.

Read the full post in Forbes

Sphere: Related Content

"Mobile Is Going To Crush Facebook"

Is the shift from desktop to mobile happening even faster than expected?

Read the full Forbes post

Sphere: Related Content

Who's to Blame for Botched Facebook IPO?

NEW YORK (TheStreet) -- I was at CNBC in Englewood Cliffs, N.J. last Friday when Facebook(FB_) had its initial public offering.

The tension in the room among producers was palpable as the IPO was delayed for half an hour.

Then, suddenly, it opened. The stock quickly jumped to almost $45. There were whoops and clapping atCNBC. People were excited.

However, within 10 minutes, something strange happened. The stock started to fall. It was one long, continuous slide back down to $38, where the underwriters defended it for the rest of the day.

That day, on business TV, the Facebook blame game started. Whose fault was it?

I couldn't have imagined that outcome a few short hours before. I woke up around 6 a.m. that Friday. When I turned on "Squawk Box," there was a sense of excitement similar to the Superbowl for business media. Later that day, people focused on Nasdaq (NDAQ_)and its technical problems. Next, people started pointing fingers at Morgan Stanley (MS_) for retaining too much control over the offering.

Yet, Morgan Stanley was the lead bank behind the most successful social media in the last two years:LinkedIn (LNKD_).

In contrast to Facebook, which sold 421 million shares in the IPO, LinkedIn sold 7 million shares. Did Michael Grimes give bad advice to Facebook and good advice to LinkedIn?

Unlikely.

If Morgan Stanley wasn't the problem, who was? Facebook management, which is to say, Mark Zuckerberg

Read the full post in TheStreet

Sphere: Related Content

Here's How Wrong All the Facebook Predictions Were

Facebook‘s (FB) busted IPO is so last week’s news now.  We’ve now become so used to it, everyone’s taken to slagging it on Twitter and in the blogosphere.

It’s almost like we were all in on the joke of what a botched IPO it was going to be — except that’s not true at all.

In fact, we all thought the Facebook IPO was going to be a huge hit.  We were dead wrong.

Read the full post in Forbes

Sphere: Related Content

GM Pokes Facebook in the Eye -- Why?

NEW YORK (Real Money) -- Tuesday's news that General Motors(GM_) is cutting ad spending on Facebook(FB_) was a huge shock to most casual investors. The concern among Facebook skeptics is whether GM is the canary in the coalmine leading other big ad spenders follow suit.


Read the full post in TheStreet.com here

Sphere: Related Content

10 Steps Yahoo! Must Take to Succeed

NEW YORK (TheStreet) -- With a new board in place with Dan Loeb, and an "interim" CEO who is well-liked internally and externally in Ross Levinsohn, Yahoo!(YHOO_) seems ready to start taking a number of steps to unlock value.


The laundry list basically breaks down into two parts: internal fixes and external ones.


Read the full post in TheStreet

Sphere: Related Content

Hedgies Like Yahoo!'s New Board and Interim CEO

Hedge fund ownership in Yahoo increased 4% yesterday to nearly 20%. They know there's a shareholder-friendly group in charge of the board finally.

Read the full post in Forbes

Sphere: Related Content