Yahoo co-founder resigns as CEO

Yahoo announced Monday that the search is on for the Internet giant's next CEO, reports CNN.

The new CEO will replace Yahoo co-founder Jerry Yang, who assumed the position in June 2007. During his short tenure, Yahoo has had two major rounds of layoffs and has seen its search market share shrink significantly, while a series of reorganisations led to the departure of senior executives. Wall Street and shareholders also criticised Yang for falling short of reaching an agreement to sell the company to Microsoft.

Yang will step down when a replacement is selected.

Spansion and Kodak slammed Samsung with two separate patent infringement lawsuits on Monday, states CNet.

Spansion, one of the world's largest suppliers of flash memory chips, filed two patent infringement complaints against Samsung with the International Trade Commission and in the US District Court in Delaware. Spansion is seeking the exclusion from the US market of more than 100 million MP3 players, cellphones, digital cameras, and other consumer electronics devices containing Samsung's allegedly infringing flash memory components.

The Kodak actions allege that both Samsung and LG camera phones infringe Kodak digital camera patents. The patents in question cover technology related to image capture, compression, and data storage and a method for previewing motion images, Kodak said.

High-ranking Microsoft and Intel executives were involved in a plan to rewrite the Windows Vista Capable program to save both companies - and OEMs - millions of dollars, according to unsealed court documents, says The Register.

According to the documents, Microsoft removed a key requirement from the Vista Capable program so PCs running old Intel chips suited to Windows XP but unable to run the Windows Vista Aero interface could still qualify as Vista-capable machines.

The documents were published in a class action consumer case that alleges Microsoft unjustly promoted PCs as "Windows Vista Capable" when they could only run a cut-down version of the operating system, called "Windows Vista Basic".

Internet fraudsters sell complete financial identities for just £80, according to an online safety group, says The BBC.

The details packaged and sold online include names, addresses, passport numbers and confidential financial data such as credit card numbers. With six out of 10 people now managing finances online, experts say the public needs to do more to prevent e-crime.

The figure comes in data released as part of a week highlighting ways to protect identities online.