Google making extraordinary counteroffers to stop flow of employees to Facebook

Facebook is in what’s called a recruiting sweet spot right now. Out of control growth in users and revenue and a nearly certain IPO run in the near future. That’s when employee growth expands at the greatest rate for a company as it grows from hundreds to thousands and then tens of thousands of employees. And with low priced private stock as currency, companies in that position can generally get anyone they want.

Yahoo of course does more than its fair share of feeding the beast, but they’re everyone’s favorite recruiting pool right now. But plenty of Googler’s are heading to Facebook, too – LinkedIn is tracking 118 of them to date. Full story: Google Making Extraordinary Counteroffers To Stop Flow Of Employees To Facebook

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Yahoo, in a sorry effort to keep up, buys content producer

Yahoo has joined AOL in the field of mass producing content sourced from freelance journalists.

The company, which has seen its fortunes sag in recent years as it fails to evolve along with the internet audience it targets, has bought Associated Content for what is rumored to be around $90 million.

Carol Bartz, Yahoo's CEO, was brought in to revive the fortunes of the company, which has recently seen a profit rise based on increased advertising sales.

The company is still not as profitable as it used to be, however, and its stock price (see "MAX" chart) is not what it once was.

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