Yahoo closes 7.6 billion dollar deal with Alibaba Group, which will give Alibaba greater autonomy as it prepares to pursue an initial public offering of stock within the next three years, while rewarding Yahoo for one of the few moves that has gone right for the troubled company in the past few years.

Jim and Dave also discuss full-blown SEO campaigns in a multivenue universe, plus news on the announcement of a virtual PubCon.

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