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Meetup CEO Points To Booming Growth As His Company Hits 100 Million RSVPs

As his company readied to push past the 100 million RSVP mark earlier this month, Meetup CEO Scott Heiferman refused to celebrate.

 

Facebook's Zuckerberg launches political group

Facebook CEO Mark Zuckerberg has formally launched a political group aimed at revamping immigration policy, boosting education and encouraging investment in scientific research.

 

CEO Tim Armstrong Makes Case (Again) That AOL Is Finally On The Mend

Tim Armstrong - Forbes

AOL has been the sad sack of online media for so long now that it almost makes Yahoo look good. But at least the latest quarter showed the first year-over-year revenue growth in eight years–eight!–so it’s worth looking a little more closely at whether CEO Tim Armstrong has a handle on what can bring the Internet pioneer back from irrelevance.

 

Chief Tries to Infuse Yahoo With a Start-Up’s Spirit

Notorious for flubbing solid acquisitions, Yahoo has bought six small companies under Marissa Mayer in an attempt to cultivate not only innovative technologies, but the engineers who run them.

 

A Year After OMGPOP Sale, Zynga Exec Dan Porter Leaves

A year ago, OMGPOP CEO Dan Porter sold the games-maker to Zynga for $180 million-plus, and became the head of the company's New York outpost. Now he’s out. Porter’s departure isn’t a huge surprise, given both his timing (presumably long enough to hit certain employment and/or earn-out goals) and the fact that Zynga ended up writing off at least half of its OMGPOP deal a few months after it closed.

 

Facebook's Mark Zuckerberg faces $1 billion tax bill

Mark Zuckerberg - CNN

Facebook's stock market debut left founder and CEO Mark Zuckerberg with a paper fortune currently valued at $13 billion -- and a 2012 tax bill of around $1.1 billion.vZuckerberg's whopping tax hit stems from his move last May to increase his stake in Facebook. On the day of Facebook's initial public offering, Zuckerberg exercised a stock option and purchased 60 million Facebook shares at a "strike price" of 6 cents each.

 

Alternatives to Google Reader

Google Reader is headed to the tech graveyard, with Google announcing that it will shut down the RSS service on July 1. The justification is that Google wants to continue its path to put more resources into fewer products — or, as Larry Page put it in 2011 “more wood behind fewer arrows.”

 

Yahoo, Now A "Technology Company," Kills Off Its Lamest Products

The Yahoo evolution continues - this time with a few more swings of the axe.
Friday, Yahoo announced that it would be sunsetting a handful of its products in a move consistent with CEO Marissa Mayer's plan to aggressively prune the unruly conglomerate.

 

Don't cry for Groupon's ex-CEO - he has a $260 million "nest egg" and $228 million in stock

Andrew Mason isn’t leaving Groupon empty handed... One thing is crystal clear already: Mason has a tidy nest egg — roughly $260 million — to spend on whatever tropical island he may hit to nurse his wounds, or to splurge on the fat camp he referenced in a letter to employees.

 

Groupon Says It Ousted Chief Executive

Groupon CEO Andrew Mason

Struggling online deals pioneer Groupon has ousted its quirky founder and CEO Andrew Mason amid worries that people are tiring of the myriad of online restaurant, spa and Botox deals that Groupon built its business on.

 

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