Yahoo CEO Apologizes for Fake Info in His Biography
Yahoo CEO Scott Thompson has issued a memo to all Yahoo employees, apologizing for the fake science degree in his biography.
"As I told you on Friday, the board is reviewing the issue and I will provide whatever they need from me. In the meantime, I want you to know how deeply I regret how this issue has affected the company and all of you," said Thompson in the memo, without giving any clarification on how the fake information ended up in his biography.
Toshiba Posts $899 Million Profit for 2011
Toshiba has revealed its consolidated 2011 and Q4 2011 financial results, posting a 73.7 billion yen ($899 million) profit on net sales of 6,100 billion yen ($74.4 billion) for the year. This is a significant drop from the $1.7 billion the company has made in 2010; Toshiba blames the European debt crisis and the aftermath of the Great East Japan Earthquake for the lower results.
Jury Issues Partial Verdict in Google-Oracle Trial
Although a federal jury found that Google infringed on Oracle's Java-related patents, some questions still remain unanswered. Most importantly, the jury was unable to determine whether Google's use of Java constituted “fair use.”
Now, both sides want further clarification and actions from the judge: Google has motioned for a mistrial, and Oracle has motioned for the presiding judge to issue his own verdict. The judge will make his ruling on both matters later in the week.