FAA Wants to Get to Know Your Drone$; Green Monday Momentum; Yahoo Shareholder’s Big Plans for CEO

Just put it on my tab…


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It was just a matter of time before the FAA started making some cold hard cash off of those drones that have only just begun to captivate your attention. If you happen to own one of those expensive high-flying devices, then you have until February 19 to register your remote-controlled toy. Look for a brand-spanking new website, to be unveiled by the FAA on December 21, telling you all the info you need to register your drone with the agency. Be prepared to shell out a whopping…$5. But if you do it within the first thirty days – by January 20 – you’ll get your whole $5 back. At least that’s what the FAA says.  The fee, however, only applies to drones weighing between .55 lbs and 55 lbs. So don’t worry about shelling out tons of money if you have some junior pilots in your household who have a tendency to decorate your yard by flying their much smaller drones into tall trees. If you do decide to buy yourself a new drone  in time for the holidays, know that your drone wont be taking flight until it’s registered.  It’s the agency’s way of trying to get drone fliers to recognize and educate themselves about the very serious responsibilities and safety issues that come with operating a drone. After all, who wants to see another drone crashing onto the White House grounds? Certainly not the Secret Service.

Going green…


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If you stayed in on Black Friday and avoided your computer on Cyber-Monday then you’re in luck.  In case you hadn’t heard, today is not just any Monday. Oh no. Today is Green Monday and it’s apparently the third biggest shopping day of the year. Wal-Mart didn’t want you to feel left out if you failed to make the rounds on previous momentous shopping days so it is making sure you still get in on those deals. After all, Christmas is only two weeks away. Looking to score a great deal on the PlayStation 4 Star Wars: Battlefront bundle? Wal-Mart’s got one for just $299. But Wal-Mart’s not the only game in town cashing in on the Green Monday deals. From Target to Gap, to J.C. Penney and Toys R Us, they’ve all got a coupon or discount for you. Of course Amazon has also got your back. It’s just that the e-commerce giant is simply calling it Day 9 of Amazon’s “12 Days of Deals.”

Will heads roll?


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Looks like Yahoo CEO Marissa Mayer is losing some shareholder fans. New York-based investment firm SpringOwl presented its own turnaround plan to the Yahoo board and its first order of action would be to oust Ms. Mayer. But she’s not the only one who would find herself out of a job. The plan also calls for reducing Yahoo’s workforce from 12,000 down to 3,000. The problem for SpringOwl is that Ms. Mayer would get a very generous $25 million severance compensation payout, a check that Yahoo’s board would prefer not to write. Besides, Mayer is on maternity leave and I’m pretty certain there are some major HR issues when you try and fire somebody who just had a baby – or two in this case. SpringOwl also does not agree with most of the other board members who feel that the best course of action is to sell off its main internet biz.  But SpringOwl Managing Director Eric Jackson wants to lose some of those pesky board members anyway, while going back to the old Yahoo logo in the process. As for those 9,000 employees, maybe losing their jobs wouldn’t be the worst thing since Mr. Jackson would also like to get rid of the $450 million in employee perks.