9:30 PM
Jalal Hameed
[ via Business Insider ]
Yahoo is close to hiring Scott Thompson, the President of PayPal, as its CEO, Kara Swisher at All Things D reports.
Thompson is a totally unexpected choice. This is the first we've heard of him, and it's the first Swisher had heard of him.
He's been president of PayPal since 2008. Before being promoted to president, he was CTO, "where he oversaw information technology, product development and architecture for PayPal," according to his PayPal bio. So, he's got the technical chops.
Read more: Business Insider
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