Tom and Katie schmooze with industry execs

Tom Cruise reportedly spent the day with media giant Yahoo! in Santa Monica on Thursday. Cruise and Katie Holmes were seen leaving Yahoo! headquarters hand-in-hand after a three-hour meeting, but had no comment on what the meeting was about. The meeting followed a six-hour dinner with a select few studio bosses the night before at Orso restaurant (Tom and Katie are pictured leaving Orso below). Cruise is clearly on the hunt for new business partnerships after being dumped by Paramount earlier this week.

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