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Source:Valleywag

We hear that Yahoo is hosting its holiday party tomorrow night at the San Mateo Expo Center, conveniently near the Bay Meadows racetrack, where Yahoos might have better luck cashing in than with their stock options. Last year’s entertainment was American Idol reject Chris Daughtry. This year?

We’re hearing that Super Diamond, the Neil Diamond tribute band, will be providing the tunes for the Yahoo employees. Rumored opening band The Spazmatics, an ’80s cover band, continues the nostalgic theme. The choice of music — bands hired to rehash songs others created — sings volumes about Yahoo’s direction.

Source:Valleywag

Why has Facebook gotten into so much trouble over Beacon, its online-advertising program which alerts friends to your online purchases and other Web activity? Until CEO Mark Zuckerberg apologized, its response was largely tone-deaf. And that, we suspect, is because its youthful, well-paid employees don’t see what the big deal is about telling everyone what you’ve bought.

One in particular has become the object of derision among his supposed friends for talking up all of his purchases, including the price tag. Marcel Laverdet, a JavaScript expert whose prowess with hacking the social network, became so celebrated that Facebook finally hired him, posted the following note about a recent trip to New York, with plugs for the brands Apple, Timberland, and Peter Luger Steakhouse.

I was walking out of Peter Luger Steakhouse after spending $85 for my portion of dinner and the sidewalk had iced over. I was SMS’ing someone on my iPhone when I started slipping. Even $130 Timberland boots can’t keep you from slipping in the ice. I fell but I didn’t want to drop to my iPhone to break my fall with my palm, so I landed on my fist. That sucked.

We feel your pain, Marcel.

This entry was posted on Friday, December 7th, 2007 at 5:01 pm and is filed under facebook, online advertising, social networks, Beacon, Marcel Laverdet. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.