By Brendan Sasso - 04/04/12 01:15 PM EDT
Yahoo is expected to lay off about 2,000 workers on Wednesday, The Wall Street Journal reports.
YouTube will offer Paramount movie rentals, Reuters reports.
More than 1 million pay-television customers dropped their subscriptions in 2011 in favor of online video, Bloomberg reports.
Many in Silicon Valley are siding with Facebook in its legal battle with Yahoo, CNET reports.