The ax has finally fallen over at Yahoo as CEO Scott Thompson has announced his resignation. The Board of Directors has named Fred Amoroso as Chairman of the Board and Ross Levinsohn as interim Chief Executive Officer. It had been widely speculated that Thompson would step down in the wake of the scandal involving bogus [...]

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Here are your top tech news headlines for Friday, April 6, 2012: – Yahoo to lay off thousands – The European Commission investigates Motorola Mobility – Samsung delays its Galaxy Tab 2 family – The Google Art Project captures the White House – BMW shows off a concept hybrid Incoming search terms:samsung galaxy putih terbaru [...]

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After several days of rumors, Yahoo has confirmed that the company is restructuring and that it will be laying off 2,000 employees. The company says it will save $375 million annually once the layoffs have been completed. In an email to Yahoo employees, CEO Scott Thompson says the moves announced today “will put our customers [...]

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Yahoo sued Facebook today over alleged infringement upon 10 patents that include methods and systems for advertising on the internet, according to a copy of the lawsuit. The lawsuit, filed in a San Jose, California federal court, marks the first major legal battle among tech giants in social media and a major escalation of patent [...]

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Political comedian Bill Maher has donated $1 million to a super PAC supporting President Barack Obama’s reelection bid, as the group has struggled to raise money in recent months. The gift to Priorities USA Action comes after the PAC’s abysmal fundraising effort last month.  The group only managed to reel in $58,800 while other conservative [...]

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Today, the Obama administration has addressed the recent revelations about commercial appropriation of consumers’ online data by unveiling a new consumer “Privacy Bill of Rights”. The proposal is meant to provide consumers with more control over how their personal data is used and to help businesses build trust with their customers. The White House has [...]

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Yelp plans to raise up to $100 million in what could end up being the first initial public offering from a major internet firm so far this year. The San Francisco-based company said it would offer 7.15 million shares for about $12 to $14 each, according to yesterday’s regulatory filing. The stock will be traded [...]

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Here’s a big news item from Yahoo! It can now be reported that Jerry Yang, the company’s co-founder, has resigned from the company he helped create, only to watch it struggle in recent years. Yahoo! has just issued the following statement: Yahoo! Announces Resignation of Jerry Yang SUNNYVALE, Calif., Jan 17, 2012 (BUSINESS WIRE) — [...]

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Yahoo named Scott Thompson, the former President of PayPal, its new CEO early this morning. The official change will be effective as of January 9. Thompson enters the fold after former CEO Carol Bartz was fired in September. Since that time, CFO Tim Morse has been acting as interim CEO. Bartz was reportedly fired by [...]

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Facebook continues to dominate every corner of the web. In fact, the term “Facebook” was the most-searched term of 2011, according to Experian Hitwise. This was the third consecutive year that Facebook placed at the top of the annual list. The company’s name accounted for 3.1 percent of all searches in 2011, a 46 percent [...]

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Paula Chase died two years ago of nearly untreatable scleroderma, but her email account is apparently alive and not-so-well. Paula’s children have been getting slammed by a slew of spammy emails from their dead mother’s account. They’re unable to stop it, and every other day another email from the hacker hits their inboxes. “Male enhancement!” [...]

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It seems like Facebook finds itself embroiled in some kind of controversy regarding user tracking and/or privacy just about every other month lately, so it should come as no surprise that the social networking giant is once again under the microscope. Facebook officials are now acknowledging that the service has been able to create a [...]

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