ITWire

Here's what Yahoo! CEO Scott Thompson wrote in a letter to all employees in relation to today's mass lay-offs.

Apple bosses have announced buy-back and dividend programs to burn $45B of the huge pile of cash sitting in the company's bank account. As a result, Apple shareholders are set to reap a whirlwind of dividend payouts every quarter, the first dividends to be paid by the company since 1995.

After a four month search, Yahoo has finally announced their new CEO.