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Yahoo replaces CFO as CEO draws up turnaround plan

Yahoo replaces CFO as CEO draws up turnaround plan
By MICHAEL LIEDTKEAP Technology Writer SAN JOSE, Calif. (AP) - Yahoo CEO Marissa Mayer is casting aside a cost-cutting specialist and bringing in software industry veteran Ken Goldman to be chief financial officer as the Internet company's management orchestrates a potentially expensive

IBM CEO Virginia Rometty takes on chairman title

IBM CEO Virginia Rometty takes on chairman title
ARMONK, N.Y. (AP) - IBM President and CEO Virginia Rometty is taking on the added role of chairman, as Samuel Palmisano prepares to retire at the end of this year. The technology company said Tuesday that Rometty, 55, will take on the expanded role Oct. 1. Palmisano, 61, will serve as a senior

IBM CEO Virginia Rometty takes on chairman title

IBM CEO Virginia Rometty takes on chairman title
ARMONK, N.Y. (AP) - IBM President and CEO Virginia Rometty is taking on the added role of chairman, as Samuel Palmisano prepares to retire at the end of this year. The technology company said Tuesday that Rometty, 55, will take on the expanded role Oct. 1. Palmisano, 61, will serve as a senior

Going public: Key developments in Facebook's IPO

Going public: Key developments in Facebook's IPO
By The Associated Press Facebook Inc. has had a rocky initial public offering of stock. There were trading glitches on its first day of trading and concerns since then about Facebook's revenue potential. Facebook also is facing dozens of lawsuits from disgruntled shareholders. In recent

Verizon says iPhone 5 won't be 'relocked'

Verizon says iPhone 5 won't be 'relocked'
By PETER SVENSSONAP Technology Writer NEW YORK (AP) - Verizon Wireless said Monday that it won't prevent its version of the iPhone 5 from being used on AT&T's network. The Verizon version of the iPhone 5, which went on sale Friday, came with an unexpected feature: it works on the

Boston.com launches 1st online radio with DJs

Boston.com launches 1st online radio with DJs
By LINDSEY ANDERSONAssociated Press BOSTON (AP) - A beloved Boston-area independent alternative radio station is getting new life online several times over in partnership with traditional print media, and experts say it could be a model for other stations that can no longer be found on a radio

Discover Bank to refund $200M to customers and pay fine to settle charges of tricky marketing

Discover Bank to refund $200M to customers and pay fine to settle charges of tricky marketing
WASHINGTON (AP) - Discover Bank to refund $200M to customers and pay fine to settle charges of tricky marketing. Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feds order Discover to refund $200M to cardholders

Feds order Discover to refund $200M to cardholders
By DANIEL WAGNERAP Business Writer WASHINGTON (AP) - Discover Bank will pay millions in fees to settle accusations by regulators that it pressured credit card customers to buy costly add-on services like payment protection and credit monitoring. Discover, the sixth-biggest U.S. credit card

SHOW BITS: Moore a wallflower, Klum a traffic cop

SHOW BITS: Moore a wallflower, Klum a traffic cop
By The Associated Press IT'S NOT TV, IT'S AN AFTER-PARTY Show Bits brings you the 64th annual Primetime Emmy Awards through the eyes of Associated Press journalists. Follow them on Twitter where available with the handles listed after each item. Everything was coming up roses - and

iPhone 5 launch draws Apple fans worldwide

iPhone 5 launch draws Apple fans worldwide
By KELVIN CHANAP Business Writer In a now familiar global ritual, Apple fans jammed shops across the globe to pick up the tech juggernaut's latest iPhone. Eager buyers formed long lines Friday at Apple Inc. stores in Asia, Europe and North America to be the first to get their hands on the