SAN FRANCISCO: Yahoo! named PayPal president Scott Thompson as its chief executive on Jan 4, hoping the well-regarded Internet technology and e-commerce expert will replicate his success at eBay and turn around the struggling company.
Thompson, credited with driving growth at eBay’s online payments division PayPal, joins Yahoo! during a period of turmoil, as the company plows ahead with a strategic review in which discussions have included the possibility of being sold, taken private or broken up.
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