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Yahoo names ex-PayPal boss Thompson new CEO

NEW YORK — Yahoo on Wednesday named PayPal’s Scott Thompson its new chief executive, saying he would recharge growth at the Internet giant that has been losing the battle over online ads. Thompson said he aimed to boost Yahoo reader traffic to attract more advertisers, arguing that the company’s assets…

Skype buys messaging startup GroupMe

Skype, the Internet communications group set to be acquired by Microsoft, announced plans to buy the mobile messaging startup firm GroupMe for undisclosed terms. GroupMe was founded in 2010 at the Techcrunch Disrupt Hackathon and is headquartered in New York. The deal, coupled with the acquisition of mobile video provider…