• meltdowns

    Facebook cancels employee stock sale

    So much for Silicon Valley's latest get-rich-quick scheme. Facebook CEO Mark Zuckerberg has cancelled a plan to let employees cash out their shares early. More »
  • kate bohner

    Google CEO's unemployed girlfriend

    What's the use of dating a megabillionaire if he can't throw some bucks your way? Google CEO Eric Schmidt, who's been seeing video producer Kate Bohner since last fall, hasn't come through with funding for her documentary production firm, so she's out of a job. More »
  • darryl siry

    Electric carmaker's motormouth marketer

    Tesla Motors, once the best hope of Silicon Valley's nascent electric-car industry, is getting better known for manufacturing drama than vehicles. The company just saw its top marketer, Darryl Siry leave — allegedly after running his mouth about ex-employees. More »
  • perks

    Google's austerity campaign

    The best place to work in America is becoming like every other big corporation. Google, at its heart an overgrown advertising agency, is most famous for its lavish perks. Now those are disappearing. More »
  • acquisitions

    Yahoo's sad, sad state

    Another day, another hare-brained scheme to buy Yahoo. This time, the player isn't Microsoft CEO Steve Ballmer, but former AOL CEO Jon Miller, who now runs a venture-capital fund. But the prospect of a deal seems as far off and fanciful as Microsoft, which spent most of the spring and summer trying to buy Yahoo, coming back to the negotiating table. Miller wants to buy Yahoo, but is having trouble coming up with the money, the Wall Street Journal reports. Is there no one serious who wants to buy this company? More »
  • twitter

    Twitter's bad news is a bad business

    People who use Twitter, a service which posts short updates to the Web and cell phones, love nothing more than to Twitter about themselves, and the medium they've so enthusiastically adopted. If you go by the Twitterers' collective reporting, every event, from an earthquake in Los Angeles to terrorist bombings in Mumbai, is more notable for the fact that people are writing about it on Twitter than for its inherent interest as news. The dominant narrative of Twitter is the rise of Twitter, the latest force to displace the mainstream media and roil the world's information economy. Too bad the real story of the company is one of top-to-bottom incompetence. More »
  • pownce

    Temptress of Silicon Valley shuts down useless site

    Earlier this year, Leah Culver appeared on the cover of a tech magazine blowing an enormous pink bubble. But the shrill-voiced San Francisco programmer no longer desires fame — even the modest sort afforded Silicon Valley's microcelebrities. The turnabout seems odd, considering how aggressively she once courted notoriety. More »
  • social networks

    Why Facebook wants to spam your News Feed

    Social networks have a lifecycle: They start with a small core of early adopters, swell as mainstream users get pulled in by their friends, and then see growth taper off as people get turned off by spam. That's why Friendster is forgotten and why MySpace is looking increasingly stagnant. The price for reaching an audience advertisers care about seems to be a site users can't stand. Facebook, however, isn't following the fashionable trend. More »
  • geek love

    Bill Gates in Sweden for dirty old man Simonyi's wedding

    Microsoft billionaire Charles Simonyi sure likes to live large. He's a space tourist! He dates Martha Stewart! No wait, 60-year-old Simonyi is now marrying 28-year-old Swedish socialite Lisa Persdotter! Let me guess: You don't want a photo of him. You want a photo of her. Here you go... More »
  • jackpot

    Is the great Facebook stock sale over?

    Through the golden heart of every world-changing startup pulses an avaricious get-rich-quick scheme. Larry Page and Sergey Brin, the billionaire-boy cofounders of Google, established this doing-well-by-doing-good myth. But Mark Zuckerberg hasn't been able to make the same magic happen for his employees. In his efforts to make good by them, he may end up quashing a nascent market in Facebook shares. More »