Yahoo Gets New CEO!

Scott Thompson, formerly the president of PayPal, is Yahoo’s new CEO. The reaction of the financial press to the news was mostly positive. Many praised the job Thompson had done at PayPal, but some questioned whether he was a good choice for Yahoo, given his lack of media experience.

PayPal, under Thompson’s watch, experienced spectacular growth, more than doubling the number of users from 50 million to 104 million and growing revenues from $1.8 billion to more than $4 billion. In fact, PayPal grew at a faster rate than its parent company, eBay. For the last quarter of reported income, PayPal’s revenues grew more than twice as fast as eBay’s, compared to revenues from a year before.

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Kindle Fire Gets Major Update

Amazon Fire has been out for a month and already is receiving a makeover. A major software update rollout will boost the tablet’s credentials among it critics and empower its users with new features that could boost its popularity.

Although Fire has received much praise from market experts for releasing the first Android tablet priced lower than the Apple iPad, it has been grilled for its perceived sluggishness, a criticism that could be slowing sales. Many critics continue comparing the Fire to the iPad, not exactly an apples-to-apples match up, handing Amazon a serious challenge.

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Yahoo! Wins Huge Judgment in Lottery Scam

Yahoo! reported a $627 million win in a court settlement over an online lottery scam. The scam, propelled by a bogus Internet company, aimed to trick online users into believing they had won money prizes in a fake lottery sponsored by Yahoo!, the search engine giant.

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RIM’s New BlackBerry 10

RIM hastily renamed its latest BlackBerry platform after a U.S. company won a temporary court injunction against it. Originally dubbed BBX, the platform is set to combine the best features of RIM’s BlackBerry and QNX platforms. At the Asian DevCon conference, RIM announced that the platform will now be called BlackBerry 10 to to protect itself against trademark litigation. A federal court forbade RIM from using the BBX name at the trade event.

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FTC and Facebook Reach Settlement

In an era where personal data can spread throughout the world at rapid pace and unauthorized access to it has never been quicker and easier, the settlement between the FTC and Facebook underscores the FTC’s willingness to soothe anxiety felt by Internet users over this issue.

As the popularity of social networks are on the rise, this has never been more evident with not only the issues around Facebook, but last year’s FTC settlement with Google over a privacy complaint, as well as this year’s settlement with another social networking service Buzz.

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Capitalizing on Cyber Monday

For a website selling any number of goods or service, the days leading up to Cyber Monday are the perfect time of year to play around with some new online marketing techniques and capitalize on the millions of shoppers looking to find a great deal on their Christmas shopping. There are several effective techniques that you can try to help raise sales and turn a profit, all before the month of December ever starts. Here are some of the most popular and effective suggestions:

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Samsung: New Google TVs Coming Soon

Google, the top name in internet search functionality, and Samsung, the world’s number one television manufacturer, have combined forces to produce and release a line of Google TVs. Although Samsung has publicly announced that the final signatures on the deal with Google have not yet been added to the contract, all signs indicate that everything is a go and consumers can expect to be introduced to this new line of televisions at some point in 2012. These television sets will harness the power of the Google brand by enabling consumers to watch online videos and play video games via their TV. Although some televisions are already equipped with internet functionality, the addition of the Google brand name is certain to make this product seem more viable to a wider variety of consumers.

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Adobe Ending Support For Flash Mobile Player

In another disappointing announcement from Adobe this year, it seems as though the company will be ending their flash mobile player and instead shifting support behind the Adobe AIR and HTML5 technology. This marks the end of an era, as Flash has served up video and games for more than 10 years on desktop devices. Whether or not the company will abandon the platform entirely remains to be seen.

News of the shift away from Flash for mobile devices was first reported on ZDNet a little over two months ago, where it was finally confirmed by Danny Winokur, who serves as Adobe’s vice president of interactive development. In Winokur’s statement to the press, he lauded the expansion of flash into mobile devices, but acknowledged that the universal support of HTML5 is the best solution for deploying mobile content in the future.This acknowledgement comes only a year after Apple’s former CEO Steve Jobs penned a harsh letter entitled “Thoughts on Flash”, which detailed his decision as to why the company would not support Adobe’s outdated technology. Jobs’ main point was that Flash was designed to cater to the desktop environment and with its resource intensive architecture, it would not provide a good mobile experience. Despite how hard Adobe fought with Jobs on the matter in order to get Flash accepted into Apple’s walled garden, it appears the company now agrees with his sentiments.

The company was likely spurred on by the news that Microsoft shares the same opinion as Apple when it comes to Flash in the mobile environment, as the Metro browser featured in Windows 8 which will be for both tablets and PCs will be plug-in free. Microsoft said in September that Internet Explorer 10 will support web-plugins for PCs, but the feature will not be present for tablets. With such a shift in focus from two major players in how consumers interact with their devices, the move to dump Flash on the mobile platform seems to be a smart one.

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Barnes & Noble Reveals New Nook Tablet

The new Nook Tablet announced by Barnes & Noble has all the bells and whistles you would expect from a device costing $250. Barnes & Noble plans for the device to compete directly with the Kindle Fire, and have made much noise in proclaiming just that. While some people’s decision of which to get will likely boil down to loyalty and how invested they are in either ecosystem, for most buyers there is quite a bit to consider. The following is a general breakdown of the differences between the two devices.

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