Yahoo CEO apologizes — for being a distraction

Yahoo CEO Scott Thompson apologized to his staff but has yet to explain how he wound up being credited for a degree he didn’t get. Meanwhile Third Point’s Daniel Loeb turns up the heat in a proxy battle that may claim a CEO.

Charting MySpace From Hot To Not

MySpace has done what few can claim to have accomplished so far this new year: cut its weight nearly in half by slashing close to 500 jobs f…

Is Demand Media’s CEO Going Hollywood?

Demand Media CEO Richard Rosenblatt, whose company is widely rumored to be headed for a billion-dollar IPO, has added Hollywood movie mogul Peter Guber to the board. Rosenblatt has also been playing tennis with the former studio head, and dining with him and other Hollywood stars.