Yahoo named PayPal President Scott Thompson CEO as the company plows ahead with a strategic review in which discussions have included the possibility of being sold, taken private or broken up. Thompson, a former Visa payments software platform designer, joins the company five months after the firing of previous CEO Carol Bartz.
Work has begun on the first Nokia smartphones based on Microsoft software following the partnership announced by the companies last month, Nokia CEO Stephen Elop told Reuters.
Google is moving to steal Microsoft’s lunch with its plan to release a PC operating system that competes with Windows. But when Eric Schmidt and Bill Gates crossed paths in Sun Valley on Thursday, lunchtime was all pleasantries.
Microsoft — ruffled by constant ridicule by Apple — launched its latest counter-punch last night with an explicit jab at its cool but expensive archrival in a prime-time ad featuring one thrifty young woman’s quest to find a 17-inch laptop for under four figures.