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- Categorized in: Yahoo
US search giant Yahoo has named Scott Thompson, the president of online payments firm Paypal, as its new head of staff. He will replace Carol Bartz, who was dismissed as chief executive in the third quarter of 2011 after failing to turn around the company's fortunes.
Scott Thompson has headed Paypal, the payments division of eBay, since 2008, a period that has seen its usage double.
Yahoo is currently undergoing a strategic review as it has failed to keep up with rivals such as Google.