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Yahoo! CEO Jerry Yang to step downPress Trust of India / New York november 18, 2008, 12:06 IST

Yahoo chief executive Jerry Yang will step down, the company announced last night, as the once-highflying Internet portal struggles to steady itself in the turbulent environment for Web media.

Yang, who took over the top exec post when Terry Semel ankled in June 2007, will revert to "chief Yahoo" once the new CEO has been tapped. The exec, who co-founded Yahoo with David Filo in 1994, has been under fire for months due to Microso...

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Carphone Warehouse may split its TalkTalk residential broadband and telephony business from its high street retail operation, co-founder and chief executive Charles Dunstone has confirmed.

Translation software developer Babylon Ltd. (TASE:) continues to leverage its business through collaborations with US Internet giants. The company, which is controlled by Noam Lanir, has signed a collaboration agreement with AOL under which it will p...

Mickey Mouse first appeared on cinema screens in the cartoon Steamboat Willie in 1928. Writer, broadcaster and Mickey Mouse expert Brian Sibley explains everything you need to know about the world famous rodent.

It's a Bond market."Quantum of Solace," with Daniel Craig returning as James Bond, easily made for the best opening weekend for the spy franchise, earning more than $67 million at the box office. The series' first direct sequel opened with nearly $30...

Dubai Media City's executive director has moved to the same position at the Arab Media Group, reported The National. Mohamed Almulla, who has worked at Dubai Media City since 2001, became the executive director of AMG earlier this month. Both are part of TECOM Investments, a subsidiary of Dubai Holding. His resignation leaves the free zone without a leader as it faces its first home-turf competition from Abu Dhabi's recently unveiled media zone.

The decision to close Play, which was first published in February 2006, marks another in a long list of contractions in the newspaper and magazine industries.