Tech news from around the web:
Google is profiting from illegal advertisements on its search engine, even though it takes them down, alleged a report published on the BBC website on Tuesday.
Yahoo could name PayPal president as CEO
Tech news from around the web:
Yahoo, the struggling internet company, is on the verge of appointing a new chief executive, writes Kara Swisher of AllThingsD, with Scott Thomson, president of eBay’s PayPal business, expected to get the nod. An announcement could come as early as Wednesday. Yahoo has been without a permanent CEO since firing Carol Bartz last September. The company has been run by its board and Tim Morse, its former chief financial officer, while looking at a range of strategic options including a sale of all or part of the company.
Tech news from around the web:
BlackBerry maker Research In Motion has become the centre of bid speculation. The Wall Street Journal reports that Microsoft and Nokia had, in recent months, considered the idea of making a joint bid for RIM, people familiar with the matter told the newspaper. Meanwhile, Reuters says that online retailer Amazon had hired an investment bank in the summer to review a potential merger, but did not make a formal offer.
Tech news from around the web:
France Telecom and Publicis are to set up a joint venture-capital fund focused on European technology start-ups, according to Bloomberg. The size of the fund may be greater than €100m ($139m), people close to the plan told Bloomberg.
Apple has had its patent for the “slide to unlock” control used on its devices confirmed, ZDNet reports. This puts every Android phone and tablet that uses the same process to unlock their screens in the line of fire from Apple’s patent lawyers, ZDNet warns.
Tech news from around the web:
Online retailer Amazon is set to launch a new version of its shopping website, according to The Next Web. The new website’s design has been adapted to appeal to tablet and PC owners, a sign, TNW believes, that the company could soon announce the launch of its own tablet device.
Nokia’s series of unfortunate leaks
Stephen Elop seems to suffer as many unfortunate events as Lemony Snicket when it comes to keeping Nokia’s business private.
First there was his “burning platform” memo that leaked in February and now the Web is ablaze with the chief executive’s failed attempt to keep Nokia’s first Windows phone under wraps.
For Microsoft, a handset deal looms larger
How long should Microsoft sit by while Research in Motion and Nokia burn?
That question has become increasingly urgent amidst the stock market meltdown of the one-time smartphone leaders. With nearly enough cash parked outside the US to buy both companies outright – and the risk that rivals will pounce – Microsoft may finally have to make some sort of move.
Nokia said it had signed a final agreement to team up with Microsoft in the smartphone market as the troubled Finnish handset maker announced a smaller-than-expected drop in first-quarter profits.
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