* According to All Things D, thousands of Yahoo (YHOO) employees will likely get laid off as CEO Scott Thompson gets ready to restructure the struggling Internet company. Divisions that may get hit include public relations and marketing, research, and local efforts. (All Things D)

* IBM’s (IBM) stock hit an all-time high yesterday, topping $200 per share. For those not keeping track, Big Blue’s stock has climbed almost 24% over the last 12 months. (CNNMoney)

* 3 things any company can learn from Apple (AAPL). (Fortune)

* Amazon (AMZN) inked a deal with Delta where many of the airline’s passengers will now be able to shop on the e-commerce site from 30,000 feet without having to pay for WiFi access. (Tech Flash)

* Palm Pilot inventor Jeff Hawkins, Intel co-founder Andrew Grove, and Laurene Powell Jobs, wife of Steve Jobs, are just several people in the tech community throwing their support behind undocumented students in the U.S. (The Wall Street Journal)

* Though tablets aren’t outselling PCs yet, the tide is certainly shifting in favor of those lightweight slabs of plastic, glass, and metal. Here’s why. (The New York Times)

* Why contributor Seth Levine, also managing director of the venture capital firm Foundry Group, is sick of “start-up BS.” (Fortune)

* Should we treat drivers who text just like drunk drivers? (PandoDaily)

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