BizJournals Portfolio
Jul 24 2008 12:00am EDT

First Bytes: Microsoft, Facebook, San Fran Muni-Hacker Update

-- Two days after Yahoo reached a truce with financier Carl Icahn, Microsoft announced a major executive shakeup and said it is ready to move beyond its Yahoo bid. In a letter to employees, Microsoft chief executive Steve Ballmer said the software giant doesn't need Yahoo to succeed. "Yahoo was a tactic, not a strategy," Ballmer wrote. "We want to accelerate our share of search queries and create a bigger pool of advertisers, and Yahoo would have helped us get there faster. But we will get there with or without Yahoo."  [Kara Swisher]

-- Meanwhile, in the tech equivalent of hara-kiri, Microsoft exec Kevin Johnson, who was a central force behind the company's failed bid for Yahoo, has decided to leave the company to run Juniper Networks. So where does this leave Ballmer? Answer: In charge of Johnson's brief -- both of them -- and the ball in his lap. [Microsoft]

-- Facebook's 24-year-old chief executive Mark Zuckerberg spoke at the company's annual developer's conference. It was boring. [AP, Portfolio.com]

-- San Francisco Muni-Hacker Terry Childs wanted to make the city's metro-government computer network "implode." Then S.F. Mayor Gavin Newsom got involved. [San Francisco Chronicle, NYT]

-Sam Gustin


Laura Rich is a co-founder of Recessionwire, which provides news, advice, perspective and humor about the recession and the recovery.
blog comments powered by Disqus
Real Business, Real Results

Did anyone at Microsoft ever watch the (gasp!) offensively funny show Family Guy?

Ex-Morgan Stanley exec Zoe Cruz is now heading her own hedge fund. Are Wall Street's leaders done?

Martha, Bernie and Skilling know that what you wear for court can go a long way in public perception.

spotlight on

Health Care

Bad to the Bone No More

Companies such as General Mills say they're stepping up efforts to change employees' bad behavior and promote healthier lifestyles. Read More