YHOO: Yahoo roundup: Loeb reportedly left on bad terms, PhD hiring spree

Yahoo roundup: Loeb reportedly left on bad terms, PhD hiring spree • 10:31 AM

• The NY Post reports Dan Loeb, who just agreed to resign from Yahoo's (YHOO -0.8%) board (along with two allied directors) and sell back 40M shares to the company, is "not parting on good terms" with Marissa Mayer.
• The Post (likely relying on sources near Loeb) also reports Mayer disagreed with Loeb's plan to fire 20%-30% of Yahoo's workforce after taking over (some ex-Yahoos voiced similar ideas), and that at least one more director is thinking of leaving. One source vents about Mayer's management style. "Marissa does whatever she wants. She calls board meetings at her house, she can be an hour late, she doesn’t care."
• Mayer tells Bloomberg Yahoo is set to hire 50 PhDs for its Yahoo Labs long-term R&D unit this year. Among the hires is former DARPA chief scientist Ron Brachman. Respected Yahoo Labs chief Prabhakar Raghavan left for Google last year, prior to Mayer's arrival.
• In an in-depth piece, BloombergBusinessweek takes a look at Mayer's efforts to lift Yahoo's standing in mobile, search, video, and elsewhere. In mobile, she's counting on a division led by Adam Cahan, the founder of 2011 Yahoo acquisition IntoNow. The division has grown to 330 workers, and has released a slew of revamped apps for popular Yahoo services.

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