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And so it begins. After Yahoo this week gave CEO Carol Bartz the axe, the stock rallied on the suspicion on the Street that the company almost certainly has now been put into play, and might not last very long with its current corporate structure.

It has been a very long week for AOL. And it's about to get even longer. Last Thursday, word leaked that one of its employees, TechCrunch founder Michael Arrington, was launching a venture capital fund that would include an $8 million commitment from AOL (AOL). Then came a more official version via the NY Times, which included positive quotes from both Arrington and AOL chief executive Tim Armstrong.

The sudden ouster of Yahoo CEO Carol Bartz wasn't triggered by one specific factor, but rather because Ms. Bartz wasn't reaching a series of performance targets.

Silicon Valley legend Steve Jobs on Wednesday resigned as chief executive of Apple Inc in a stunning move at the technology giant he co-founded in a garage.

Twitter co-founder and former CEO Jack Dorsey said he is returning to the fast-growing company as head of product and executive chairman.

Facebook was said to be in talks to hire Robert Gibbs, President Obama's former White House press secretary, for a senior role helping to manage the company's communications.

Facebook said its head of advertising sales, Michael Murphy, is stepping down in December, leaving a vacancy in one of the social-networking giant's key positions.