Yahoo hired the former president of PayPal’s electronic-payments division, Scott Thompson to be its newest CEO. Thompson will take over for the interim chief executive Tim Morse who filled in after Yahoo fired Carol Bartz back in September. Hiring Thompson is a sign that Yahoo’s board is unlikely to sell the struggling Internet company. Read the full article WSJ.com
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.