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U.S. electronics chain Best Buy Co Inc named Hubert Joly, the former head of hospitality and travel company Carlson, as its new chief executive on Monday, hoping to tap the French businessman's acumen in turning around ailing businesses.

Ross Levinsohn, the executive who served as Yahoo's interim chief, confirmed on Monday that he was leaving the Internet company after being passed over to fill the spot permanently.

Co-founded in 2009 by Twitter cofounder Jack Dorsey, Square enables people to accept credit card payments on iPhone, iPad or Android devices... In a move that positions the company for a potential initial public offering, Square has hired former Goldman Sachs and Salesforce.com executive Sarah Friar as chief financial officer.

Nine months ago, Salon.com's founder, David Talbot, took up the mantle of CEO, bearing with him a plan: By appealing to readers for financial support in the manner of NPR and PBS while keeping its content free to read, Salon could could diversify its revenue mix while maximizing its audience -- and thus its income from advertising.

It didn't quite work out that way.

Twin Cities-based Best Buy said Tuesday that its CEO, Brian Dunn, has resigned. The electronics company said in a statement that Dunn's departure was in "mutual agreement that it was time for new leadership to address the challenges that face the company."

The front page of the internet has a new CEO. Reddit has chosen Yishan Wong to fill the online community’s top spot. Wong will oversee reddit.com, redditgifts.com, and reddit.tv. Writing at the reddit blog, Wong made the announcement, noting that he didn’t think, at first, that he would be a serious candidate for the position.

Memory company Micron Technology has appointed Mark Durcan as its new CEO, quickly replacing the former CEO Steve Appleton who died in a plane crash on Friday.

Mr Yang founded the online company in 1995 with David Filo and was its chief executive from June 2007 until January 2009. His resignation comes two weeks after the company hired former PayPal executive Scott Thomson to be its new chief executive.

Hewlett-Packard Co is on the verge of naming former eBay Chief Executive Meg Whitman its new CEO, replacing Leo Apotheker at the helm of the largest U.S. technology company, two sources told Reuters on Thursday.

Directors of the company were considering Meg Whitman, the former chief of eBay, to replace Léo Apotheker, sources said.