EVERYONE'S TALKING

• The Dems' demolition derby. Did you—like me—suspect that the Democratic National Convention would be a snore compared to last week's circus in Cleveland? Not quite! Yesterday, Rep. Debbie Wasserman Schultz, who just resigned as chair of the DNC in the wake of the WikiLeaks email dump, faced jeers when she addressed a breakfast meeting of Florida delegates and later opted not to speak at the convention. Then Bernie Sanders was booed by his own delegates when he tried to convince them that they should vote for Hillary Clinton. Comedian Sarah Silverman, a longtime Sanders supporter, said flatly to the Bernie-or-bust crowd: "You're being ridiculous."

Sen. Elizabeth Warren was also adamant—after swiftly and effectively trashing Donald Trump—that Democrats need to "work our hearts out to make Hillary Clinton the next president." Meanwhile, Sen. Kirsten Gillibrand spoke at length about Clinton's stance on family leave and equal pay, though not without another jab at Trump: "Hillary Clinton's life's work has been defined by one question: ‘How can we help those who need it most?' Donald Trump's has been defined by a very different question: ‘How can I help myself most?'"

But the real star of the last night's show was First Lady Michelle Obama, who gave an optimistic, emotional address and never mentioned Trump's name (though still managed to paint him in a negative light). "When crisis hits, we don't turn against each other. No, we listen to each other, we lean on each other, because we are always stronger together," she said. "Don't let anyone ever tell you that this country isn't great. This, right now, is the greatest country on earth."

ALSO IN THE HEADLINES

• More on Mayer. The business press is awash with discussion of Verizon's announcement that it has agreed to acquire Yahoo's core business for $4.83 billion—and in particular, over the likely fate of CEO Marissa Mayer. Fortune's Dan Primack notes that though Mayer is expected to remain with Yahoo through the end of the sale process (Q1 2017), she is not expected to join Verizon. While it's impossible to know just what Mayer herself is thinking, we do have some insight: She posted her memo to Yahoo staff on the company's Tumblr, spoke to Bloomberg about the sale, and perhaps most interestingly, told the Financial Times that she believes her performance has been unfairly judged by "gender-charged reporting." While it's hard to argue that Mayer has been a good CEO, I tend to agree with her on this point. (Remember the hubbub around her decision to take just two weeks of maternity leave? When is the last time we judged a male leader so harshly for his parental choices?) What do you think? Email me and let me know: kristen.bellstrom@fortune.com.

• Meet Marni. Fortune's Valentina Zarya introduces us to Marni Walden, the Verizon EVP and president of the product innovation and new businesses organization, who will oversee the integration of Yahoo into its new parent.  Fortune

• Glassbreakers and pathblazers. With Hillary Clinton poised to become the first woman to accept a major political party's nomination for president, this cool New York Times interactive takes a look back at milestones in politics for women and minorities. New York Times

• From Silicon Valley to spit kits. Katie Jacobs Stanton, who was, until recently, Twitter's CMO, talks about why she left the tech industry to join genetics startup Color Genomics. Fortune

• Donna joins Ivanka. LVMH Moet Hennessy Louis Vuitton has agreed to sell Donna Karan International to G-III Apparel Group Ltd—an apparel company that holds licenses for Ivanka Trump, among other brands—for $650 million. While Donna Karan still bears the name of the iconic designer who founded it, Karan herself left the company last summer. WSJ

MOVERS AND SHAKERS: Susan Hobbs, formerly Y Combinator's director of programming and events, has joined CrunchFund as a partner. Diane Wilsey, head of the board of the Fine Arts Museums of San Francisco and its chief executive, is stepping down.

• Leading at the speed of tech. Kelly Kramer, CFO of Cisco Systems, Inc., talks about leading Cisco's business transformation from the CFO seat. It takes a strategic vision, a close partnership with the CEO and business leaders, and a finance team with a change-agent mindset. Read the interview…

IN CASE YOU MISSED IT

• Trump bump? More bad news for Clinton: Coming out of the Republican convention, a new national poll puts Donald Trump in front of the presumptive Democratic nominee. Fortune

• Going Green. Dr. Jill Stein, who is running for president on the Green ticket, talks about what her party stands for, why she'll be marching in the streets outside of the Democratic convention, and what she thinks about critics who say that supporters of the Greens are helping Donald Trump. NPR

• A 360-degree view. Sarah Hofstetter, CEO of ad agency 360i, writes about how her supposed career liabilities—she's a mom of two, a relative newbie to the ad industry, and an observant Jew who keeps kosher—have actually made her a better leader. Fortune

• Female-friendly firms. Attention legal eagles: Check out Working Mother's list of the best law firms for women, which rates firms based on a host of factors such as the number women in key leadership roles and usage rates of work-life balance policies. Working Mother

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ON MY RADAR

Why people hate Hillary: Six stories  Slate

A salary negotiation coach's advice to her female clients  Quartz

How to find a female mentor in a sea of male entrepreneurs  Fortune

A conversation with Jeanne Gang on architecture with a mission  New York Times

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