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Analysis: Yahoo CEO's comeback plan homes in on technology, not media

Marissa Mayer

Marissa Mayer, who earned a reputation for decisive action and intensity during her 13-year stint at Google Inc, has spent her first months as Yahoo Inc CEO quietly moving the Internet pioneer back to its roots in technology.

 

Volvo Announces New CEO

Volvo announced Hakan Samuelsson will take over as its new chief executive, replacing Stefan Jacoby.

 

Vikram Pandit steps down as Citigroup CEO

Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday, shocking Wall Street, after steering the bank through the 2008 financial crisis and the choppy years that followed.

 

HP's outlook disappoints, driving shares to 9-year low

Hewlett-Packard

Hewlett-Packard Co's shares plunged to a nine-year low on Wednesday after Chief Executive Meg Whitman warned of an unexpectedly steep earnings slide in 2013, with revenue set to fall in every business division except software.

 

Tim Cook on Apple maps: 'Extremely sorry'

iPhone 5

Apple CEO Tim Cook says the company is "extremely sorry" for the frustration its Maps application has caused and it's doing everything it can to make it better. In the meantime, he recommended that people use competing map applications to get around... "While we're improving Maps, you can try alternatives by downloading map apps from the App Store like Bing, MapQuest and Waze, or use Google or Nokia maps by going to their websites and creating an icon on your home screen to their web app," Cook wrote.

 

RadioShack CEO Gooch steps down

RadioShack

RadioShack CEO James Gooch has agreed to step down immediately and is leaving its board of directors, the struggling consumer electronics company said Wednesday.

 

Warner Music's Lyor Cohen to Resign

Warner Music said its recorded music chairman and chief executive, Lyor Cohen, will resign after more than eight years at the company.

 

Analysis: IPhone 5 defines Apple success, Tim Cook-style

Tim Cook is no Steve Jobs when it comes to leading Apple Inc. As the debut of the new iPhone 5 just proved, that may not be a bad thing. The taller, thinner and lighter phone prompted a rush on Wall Street to raise price targets for Apple stock, but the optimism was not because of a big technological advance or design breakthrough; the "wow" factor that was the trademark of the late Apple co-founder Jobs was decidedly absent.

 

After Zuckerberg talks, Facebook gains $6.8 billion

Mark Zuckerberg

Facebook Inc CEO Mark Zuckerberg might need to talk more often. A 30-minute appearance at a technology industry conference earlier this week has translated into $6.785 billion in additional market valuation for his company.

 

Facebook CEO dangles search and mobile, shares rally

Facebook Inc CEO Mark Zuckerberg soothed investors in his first major public appearance since the No. 1 social network's rocky May IPO, breathing life into its struggling shares after hinting at new growth areas from mobile to search.

 

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