Yahoo shares are almost below $20 in morning trading and as the company approaches its August 1 annual meeting, Yahoo's directors have finally begun to fear for their jobs and their reputations. They're negotiating with Yahoo's major shareholders and, along with agreeing to renew talks with Microsoft and approach AOL for acquisition, some on the board are offering to promote CEO Jerry Yang into a non-executive chairmanship and fire Yahoo president Sue Decker. Reporter's reporter Kara Swisher reports that shareholders and some board members have already come up with a wish list of names for the top jobs.

We already knew that before Facebook hired Google ad boss Sheryl Sandberg as COO in early 2008, Facebook founder Mark Zuckerberg interviewed former eBay executive Jeff Jordan for the gig in 2007. What we didn't know, until a source familiar with Facebook told us, is that Zuckerberg actually offered Jordan the job. Jordan turned the offer down and took over as CEO at OpenTable instead. Why was Jordan so comfortable spurning a pre-IPO social network gaining users at a rate of 3 percent a week? Our source says the infamous workaholic blamed it on Zuckerberg's propensity to sleep-in. "It was a cultural thing," our source says. "Jeff has two kids and needs to keep a regular schedule. Mark doesn't show up at the office till 11."

eBay CEO Meg Whitman could announce plans to retire as soon as today's earnings call. The most likely candidate to replace her? Consensus suggests auctions chief John Donahoe. But how'd that happen? A quick look at other viable contenders shows Donahoe's candidacy owes much to the process of elimination. Here's how the discarded contenders stack up.

PayPal president Jeff Jordan (the man afraid of Google) made sure the Wall Street Journal saw him as a hard worker — or a sick freak: