Wednesday, May 23, 2012

Digital

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Yahoo CEO Departs Amid Flap Over Credentials

By Adam Mazmanian
May 13, 2012 | 5:11 p.m.

Scott Thompson, the beleaguered CEO of Yahoo, is leaving the company after an battle with hedge fund Third Point that was launched when it was revealed that Thompson embellished his resume with a computer science degree he did not earn.

Third Point holds a 5.8 percent stake in Yahoo, and has long been looking to put its own candidates on the board.

The sweeping executive shakeup, outlined in a news release, installs Ross Levinsohn as interim CEO and Fred Ameroso as board chairman. Additionally, three Third Point candidates, including hedge fund CEO Daniel S. Loeb, will join the Yahoo board.

New CEO Levinsohn was brought into Yahoo by previous CEO Carol Bartz and currently heads global media for Yahoo. He has ranging experience as a media executive and deal maker.

As head of Fox Interactive Media he led a $580 million acquisition of Myspace. His experience suggests he will steer the foundering web portal more in the direction of original content and strategic acquisitions, as compared to Thompson, who advocated a data-driven and e-commerce strategy during his four months in the top spot.

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Today's e-Reads: No More Free Hulu?

By Josh Smith
April 30, 2012 | 3:03 p.m.

No more free Hulu? The video streaming site may soon only allow cable TV subscribers to watch their favorite shows online, according to Fox Business.

A new study finds consumers aren't keen about companies collecting information when phones are used like credit cards, The New York Times reports.

India's spectrum auctions aren't attracting foreign telecom firms, according to The Wall Street Journal.

Blackberry World will highlight the device manufacturer's travails, according to Reuters.

Soda companies Pepsi and Coca-Cola are looking to social media to add some fizz to their biz, USA Today reports.

A billionaire Facebook co-founder is shunning a life of luxury, the Associated Press reports.

More of Today's e-Reads are available on our Tech page.

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Friday's e-Reads

By National Journal News Desk
March 25, 2011 | 1:56 p.m.


Channel Register accuses RSA of sitting on information about the cyberattack on its SecurID system

More e-reads here.

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e-Reads

By National Journal News Desk
March 24, 2011 | 11:51 a.m.

What does the AT&T-T-Mobile merger portend for the spectrum crunch? Reuters says nothing good...


Other stuff we are reading about today

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Nielsen: Standard-Def Reigns Despite Billions Spent on HDTV

By David Hatch
November 8, 2010 | 3:30 p.m.

Last year's historic switch to digital television signals was supposed to usher in a new era of crisp, high-resolution programming. Problem is, according to the media research firm Nielsen, four out of five cable and broadcast programs are watched in the lower-resolution standard-definition format.

"Despite the billions of dollars that Americans have spent buying high definition TVs, more than 80 percent of television viewing is still a standard definition experience," Nielsen concludes in a news release issued today.

Fresh data from Nielsen indicates that while 56 percent of U.S. households have purchased high-definition sets, only 13 percent of viewing each day on cable and 19 percent via broadcast is "true HD" - which requires that both the set and programming source be in hi-def.

Among the reasons for the paltry HD levels: most homes have one or more non-HDTV sets in use that can only display standard-definition, and even on HD sets, 20 percent of the transmissions are in the lower-quality resolution.

For more details, visit the Nielsen Wire.


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Juliana Gruenwald

Juliana Gruenwald

Tech Writer

E-Mail: jgruenwald@nationaljournal.com.


Juliana Gruenwald has been covering tech and telecom issues for more than a decade for National Journal, Interactive Week, BNA and Congressional Quarterly. This is her second stint with National Journal. She was recruited by NJ in 1998 to help launch its first tech policy publication, Technology Daily. She left in 2000 to cover international tech and telecom issues for Ziff Davis Media's Interactive Week magazine. She started her career at United Press International as the wire service's first Helen Thomas Intern. She has a Bachelor of Arts degree from the University of Minnesota. A Minneapolis native, she misses the lakes but not the cold.


Adam Mazmanian

Adam Mazmanian

Tech Correspondent

E-Mail: amazmanian@nationaljournal.com.


Adam Mazmanian reports on technology for National Journal. He comes to NJ from SmartBrief, where he was a senior editor on the advertising, media and digital beats. Before moving to Washington, D.C., he worked as worked in New York City as an editor at AOL, About.com and the alternative newsweekly New York Press. He’s contributed book reviews, pop music criticism and film writing to Washington City Paper, the Washington Times, the Washington Post, Newsday, Architect Magazine and elsewhere. He lives in the Petworth neighborhood of Washington, D.C. with his wife and son.


Josh Smith

Josh Smith

Tech Reporter

E-Mail: joshsmith@nationaljournal.com.


Josh Smith covers technology policy as a staff reporter for National Journal. He previously interned at National Journal Daily, a Senate press office, and the Deseret News in Salt Lake City where he covered the state legislature, courts, and crime. In 2009 he graduated with honors from Southern Utah University after managing an award-winning student newspaper as editor-in-chief. Josh has received state, regional and national awards for his political and policy reporting, including first place in CapitolBeat’s 2009 Best of Statehouse Reporting college competition. A native of drop-dead-gorgeous Utah, Josh lives in Virginia with his wife, Amber.