Wednesday, May 21, 2008

Roundup: HP earnings strong, MySpace exodus, Russia’s Google goes public, more

Here’s the latest (updated) action. MySpace exodus begins? â€" Silicon Valley companies have long been vulnerable to start-up fever: Employees leaving to join faster-growing start-ups, lured by potentially lucrative stock options. Now Carol Werner, VP of sales at MySpace, in charge of West Coast sales, has left to join Mochi Media, a start-up that offers an ad network for Flash games. This shows that non-valley companies are prone to the exodus problem too. Good, because we’re getting tired of w