Can we panic now? — Core gaming has a problem

THQ layoffs, Sega cancellations, and Sony studio closures caused last week to be one of the worst in memory for the gaming industry. Compare that to mobile darling OMGPOP which was sold for $210 million based on the strength of one game. It seems like one side of the market is on its way down, while the other side has nothing but growth ahead of it, but that isn’t necessarily the case.

Activist shareholder Third Point launches website to chronicle Yahoo’s long, sad decline

Tech giant Yahoo has struggled to find its way over the last five years, rotating through four CEOs and a series of layoffs. Now, activist shareholder Third Point, which is agitating to add four handpicked members to Yahoo’s board, has launched an entire website, valueyahoo.com, to make its case about what is going wrong at Yahoo’s business and what can be done to turn it around.