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Ousted Best Buy Founder Rounds Up Posse for Takeover July 30, 2012 Richard Schulze, the founder and ousted chairman of Best Buy, is assembling a team of executives that could help him lead the electronics retail megachain if his attempts to buy back the company are successful, according to a report from Bloomberg. The Best Buy founder and former CEO left his position as chairman in June following a scandal that centered on another former CEO, Brian Dunn.

Ex-Yahoo Chief Hired to Helm ShopRunner July 24, 2012 Former Yahoo CEO Scott Thompson will be the new leader of ShopRunner, taking over the e-commerce site about two months after he left Yahoo amid a scandal. ShopRunner announced the hire on Monday; former CEO Mike Golden will remain at the company as president. ShopRunner partners with more than 60 retailers -- such as Toys 'R' Us, American Eagle Outfitters and Sports Authority.

Marissa Explains It All July 21, 2012 Given its lousy financial performance, periodic bouts of layoffs, questionable patent litigation strategy and security lapses, Yahoo appears to be adrift, listing, off course, capsizing. Name any unfavorable nautical condition, and it probably applies to Yahoo.

Yahoo's Q2: Mayer Has Her Work Cut Out for Her July 18, 2012 Yahoo's Q2 earnings, which were publicly released Tuesday, underscore the challenges that new CEO Marissa Mayer will face as she takes over the struggling Internet company. Yahoo brought in $227 million in its second quarter, down from the $237 million it reported for the same time a year ago. Earnings per share were the same as last year at 18 cents.

Has Yahoo Finally Found the One? July 17, 2012 Yahoo's search for a CEO is over: The company has announced that Marissa Mayer, one of Google's most prominent executives, will take the helm at Yahoo. Her recruitment is seen as a major victory for Yahoo, which has churned through a number of CEOs in recent years.

Banished Best Buy Founder Plots to Reclaim Throne June 28, 2012 Best Buy founder Richard Schulze is exploring a private takeover of the electronics retail chain, according to a recent report. Schulze is the largest company shareholder with about a 20 percent stake in Best Buy. He has reportedly conducted discussions with Wall Street banks to determine the best strategy for a buyout but has met resistance from the company's board of directors.

Yahoo, Facebook Patent Case May End Without Fireworks June 22, 2012 A brewing patent dispute between Yahoo and Facebook may wind up being settled outside of the courtroom, according to court filings made this week by Yahoo's attorneys in the U.S. court for the Northern District of California, in which they also sought extensions to other filing deadlines. The two companies are engaged in settlement negotiations, the filing said, adding that an extension might facilitate this process.

RIM Sheds More Flesh in Long, Hard March to BB10 June 20, 2012 Research In Motion is issuing pink slips as part of a massive cost-cutting effort that could save the company $1 billion in expenses. RIM is reportedly laying workers off in small batches, starting with the quality control, operations and parts departments. The company is also looking to cut costs by restructuring its supply chain.

Best Buy or Best Sell? Departing Founder Weighs Options June 08, 2012 Best Buy Founder and Chairman Richard Schulze announced Thursday he is leaving the company immediately and plans to explore all available options for his 20.1 percent ownership stake in the electronics retail chain. His departure comes two months after former CEO Brian Dunn left the company under a cloud of scandal and as the retailer faces increased competition from online sellers and discount vendors.

Facebook Fiasco a Bigger Lesson for IPOs Than Early-Stage Startups June 05, 2012 The fallout from Facebook's May IPO continued Tuesday as venture capitalist Paul Graham of Y Combinator warned Silicon Valley startups that they may be in for a stretch of hard times. In a letter, Graham states that a prominent investor he knows seems sure that the bad performance of the Facebook IPO will hurt the funding market for early-stage startups.

Activists Pressure Amazon Into a Change of Heart May 25, 2012 Faced with a public rally outside the venue for its shareholder meeting at the Seattle Art Museum on Thursday, Amazon announced it would withdraw from a conservative business group and improve workers' conditions at its warehouses. The protesters wanted Amazon to quit the American Legislative Exchange Council.

HP Touts R&D as Silver Lining to Massive Layoffs May 24, 2012 HP has posted its second quarter earnings and announced it will lay off 27,000 workers worldwide in an effort to simplify its business and increase efficiency. HP beat Wall Street expectations with its earnings but still faces questions about how it will compete in a changing tech industry.

Europeans Bet Big Against Facebook May 24, 2012 Today in international tech news: A large number of European traders are placing bets that Facebook's stock will continue to tumble in the coming months. Also: Google defends itself against accusations from the EU, a longtime Research In Motion executive steps down, a Latvian firm is ordered to pay a fine after duping people into downloading fake apps, and an Apple designer is knighted.

Technology Firms' Latest Weapon of Choice May 24, 2012 When AOL made a $1 billion deal to sell patents to Microsoft last April, its stock jumped up about 43 percent on the news. After all, AOL could use a $1 billion shot in the arm. Who couldn't? But what is behind this string of sales of patents? Why are patents so important to large tech firms like Microsoft, Google and Apple?

Verizon Lets the Sun Go Down on Unlimited Data May 19, 2012 Wireless carriers have begun to realize that when you offer flat-rate, all-you-can-eat deals, it tends to bring out the pig in people. Whether it's food or beer or cellular data, customers will gorge themselves on it, and the buffet arrangement can quickly turn into a money-losing proposition if you don't plan it out just right.

Painful Reinvention Could Decimate HP Workforce May 18, 2012 HP is planning significant layoffs with the aim of increasing efficiency and focusing on new products, according to a recent report citing an anonymous source. The company could lay off more than 30,000 workers, or nearly 10 percent of the company's total workforce of 324,000. The large-scale cuts are reportedly part of CEO Meg Whitman's effort to rebuild the company.

Muddy Road Ahead for Yahoo? May 14, 2012 Embattled Yahoo has a new interim chief executive. It announced Sunday that Ross Levinsohn, the company's global media leader, would take over as interim CEO following Scott Thompson's departure. Thompson's exit comes amid controversy over an unearned computer science college degree listed on his resume. Also leaving the company are several board members.

Facebook's Face-Melting Fast European Network May 14, 2012 Today in international tech news: Ahead of its upcoming IPO, Facebook taps a Swedish telecommunications company to build and operate a massive pan-European optical network. Elsewhere, Change.org launches a UK platform, Apple decides to drop "4G" from the third-generation iPad, and Facebook cofounder Eduardo Saverin renounces his U.S. citizenship.

The Thompson Crisis: Sloppy Whopper or Poor Career Personal Hygiene? May 11, 2012 It's been more than a week since Yahoo CEO Scott Thompson's resume blew up in his face, and by the looks of things, the Yahoo board isn't bothered by it. They're not bothered enough to fire the guy, anyway. Thompson's still in charge at Yahoo, and a week's worth of morale-melting embarrassment and haranguing from Dan Loeb haven't been enough to change that.

Yahoo Nail-Biting Could Lead to Bloodletting May 09, 2012 The last seven days have no doubt felt surreal for executives and board members at Yahoo. It was a week ago that shareholder Daniel Loeb, CEO of hedge fund Third Point, revealed that Yahoo CEO Scott Thompson's educational credentials included a computer science bachelor's degree he never earned, spurring demands for the company to take action.