SAN FRANCISCO (AP) - Yahoo's new boss is reorganizing a consumer-commerce division created by recently dispatched CEO Scott Thompson. Instead of operating as a separate division, Yahoo's commerce operations will operate within the company's global media team. Interim CEO Ross Levinsohn announced the decision in a memo sent Thursday to Yahoo Inc. employees. ...
NEW YORK (AP) - Half of Americans think Facebook is a passing fad, according to the results of a new Associated Press-CNBC poll. And, in the run-up to the social network's initial public offering of stock, half of Americans also say the social network's expected asking price is too high.
SANTA CLARA (AP) - Intel, one of the pillars of Silicon Valley, is following its traditions and promoting an insider to the job of CEO. The world's largest chipmaker is tasking Chief Operating Officer Brian Krzanich with steering it through an industry shake-up that is seeing tablets and smartphones overshadow Intel's base in personal computers. <p class="MsoNormal" style="line-height: 18pt; margin: 0in 0in ...