Yahoo chief executive Scott Thompson ‘to step down’
The chief executive of computer firm Yahoo is to step down after accusations that a fake computer science degree was included on his CV, reports say. According to the blog AllthingsD, Scott Thompson will quit his post in the wake of the controversy. He is likely to be replaced by Yahoo’s global media head Ross Levinson. The blog says Yahoo is More...
Facebook’s Zuckerberg says mobile first priority
Facebook CEO Mark Zuckerberg, whose limited role in promoting the No. 1 social network’s market debut has drawn criticism, laid out its growth strategy to investors on Friday, saying that transforming its More...
Online music storage firm MP3tunes files for bankruptcy
Online music storage firm MP3tunes Inc filed for bankruptcy in a U.S. court, following its prolonged run-in with music publishing giant EMI Group over copyright issues, court filings showed. MP3tunes is a so-called More...
Google, Twitter quizzed on Facebook-Instagram
The U.S. Federal Trade Commission has reached out to Google Inc and Twitter in an investigation into Facebook Inc’s $1 billion acquisition of photo-sharing service Instagram, a source familiar with the probe More...
Microsoft redesigns Bing, plays up Facebook link
Microsoft Corp unveiled a new design on Thursday for its second-ranked Bing search engine, introducing elements from Facebook and other social networks, as it tries to claw market share from leader Google Inc. Slow More...
Facebook launches its app store
Facebook has launched its own app store to promote mobile programs that operate using the social network. The company said the App Center will become the “new, central place to find great apps like Draw Something” More...
Social media stress? There’s an app for that
Nestle, purveyor of the decades-old KitKat snack, has launched an app it says addresses a growing problem among young social media users – giving them a break from the stress of posting updates by doing it More...
Nokia’s woes might call for Microsoft aid
Addressing Nokia Oyj employees in January 2011, Chief Executive Stephen Elop – at that point only four months into the job – dramatized the company’s predicament by comparing it to standing on More...