10 Things You Need To Know This Morning

View this email online | Add newsletter@businessinsider.com to your address book
		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics International Video Latest Monday, May 14, 2012 Advertisement Good morning! Here's the news: Yahoo CEO Scott Thompson resigned from the company over the weekend following his resume scandal. Thompson reportedly told Yahoo's board of directors that he was recently diagnosed with thyroid cancer, which contributed to his decision to step down. Meanwhile, AllThingsD reports that Yahoo will claim cause in Thompson's departure - specifically that the inaccuracies on his resume violated the code of ethics clause he agreed to in his offer letter - which would allow the company to get out of paying a huge severance Ross Levinsohn, Yahoo's global media head, has been appointed interim CEO, making him Yahoo's sixth CEO in just five years. Business Insider's Henry Blodget argues that these changes may actually be the best thing that has happened to Yahoo in years. In other non-Yahoo news, Bloomberg reports that demand for Facebook's IPO has been weak. Facebook's CEO Mark Zuckerberg has been hammered with questions about the company's ability to make money on mobile. Reuters reports that the Federal Trade Commission has reached out to Google and Twitter as part of an investigation into Facebook's $1 billion purchase of Instagram. Apple is rumored to be acquiring German HDTV maker Loewe, though Loewe has since come out and said no deal is in the works. In case you've been wondering, here are the highest-paid software engineering jobs in tech. Please follow SAI on Twitter and Facebook. Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the SAI RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

If you believe this has been sent to you in error, please safely unsubscribe.