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In defence of newspapers and serendipity
My take is that they are investing some good effort in talent and assets in preparation for whatever Web 2.0 turns out to actually be.
Let's hope the changes that follow from the "peanut butter memo" make selective use of the talent and assets they've gathered rather than simply imposing symmetrical cuts across the board, laying waste to some good foundations for growth.
Keep your eye on Susan Decker. Rosensweig is too close to Terry and not respected enough by the rank-and-file Yahoo!s
Eric