Yahoo snags PayPal presidentCisco discontinues its Umi home HD video-conferencing product, Americans fall for scams, and Yahoo hires PayPal's president as its new CEO.
It's Wednesday, January 4th, 2012. I'm Bridget Carey on CNET.com and it's time to get loaded. Yahoo appointed a new CEO, PayPal president Scott Thompson is now the chief executive of Yahoo, a company that has been on the hunt for a leader to revitalize the struggling site and also explore sales options. Yahoo's board fired the previous CEO, Carol Bartz, last September. Now, while PayPal is without a president, the CEO of parent company eBay John Donahoe will be stepping in. Perhaps one item on Donahoe's agenda will be to reevaluate PayPal's terms of service or even its customer service. According to a blog posted on the website, Regretsy, PayPal encouraged their user to destroy an antique violin in order to get their money back instead of just returning it back to the sender. Destroying an item to get your money back is actually in the terms of service. Needless to say, the Internets are mad and people are posting their anger on the PayPal Facebook page. No public response yet from PayPal. The site was just in a sticky publicity problem a few weeks ago when PayPal suspended Regretsy's account from taking donations to help children, all because it used a button that said Pay instead of a button that said Donate. In mobile news, Metro PCS announced it'll be giving customers the ability to watch live local broadcast television on their smart phones. Metro PCS will be partnering with a company called Mobile Content Venture, and the Samsung Android smart phone is in development to support the service which will launch later this year. The service will be on display at the Consumer Electronic Show in Las Vegas next week. Cisco has pulled the plug on its home version of a high definition video conferencing through your TV device called Umi. It debuted in October of 2010 and costs $600 with a $25 monthly subscription fee. It's now discontinued but current customers will still get support. Cisco said that Umi will be integrated into its business Telepresence offerings, you know, those video conferencing commercials with Ellen Page. Since video chatting is practically free these days, there wasn't a demand to pay for high def service for home use. If you think you're too savvy to fall for a Facebook scam, or click on a comprising link, well research says otherwise. A survey says there's a gap between how American's think we're good at spying a scam and how likely we are to fall for one and one example 47% of Americans said an online survey with a prize was a sham but then later 55% were gonna give their info to try to get that survey prize. If you're an Australian though, don't worry mate, apparently Australians are least likely to fall for a scam compared to us bloody, gullible Americans. Crikey. Those are your headlines for today. I'm Bridget Carey for CNET.com and you've just been loaded.