In today's show, Yahoo gets a fresh coat of CEO, iCloud gets a lift and it's IPO week for Facebook:
iCloud gets a lift
After four months on the job, Scott Thompson resigned as Yahoo's chief executive. Although he has been in the middle of a scandal about the false statements made about his education, he also is leaving for health reasons. It's been reported that Thompson told the board he's battling thyroid cancer. Yahoo named ad-guru Ross Levinsohn as interim CEO. Levinsohn is the sixth Yahoo CEO in the past five years.
After Best Buy dropped the prices of Macs, there's speculation that a new line of MacBooks are coming soon. It's expected the new Macs would be thin and have the latest Intel Ivy Bridge processors and retina displays.
The Wall Street Journal reports that Apple is working on a social update to iCloud. It would allow other iCloud users to comment and share photos. Right now, iCloud is just a personal tool for storing files and syncing between your own devices -- not for sharing.
Facebook is set to launch one of the largest initial public offerings in history on Friday. And when Facebook goes public, expect the company to focus on new ways to make money.
Last week, we reported on Facebook testing a new status-highlight feature. The network would charge roughly $2 to get your status seen by more friends. We asked if you would pay for something like that, and you gave some great responses via Tout.
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