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Yahoo! Names Goldman as CFO: Hot Trends

NEW YORK ( TheStreet) -- Popular searches on the Internet include Yahoo! (YHOO - Get Report) on news the company has named Ken Goldman as chief financial officer, replacing Tim Morse.

Morse, whose departure was announced on Tuesday, will leave the company next month. Goldman will take over on Oct. 22.

Goldman has been a finance chief at several other companies, including Siebel Systems until its sale to Oracle, as well as Fortinet. He's been in management for over 30 years.

Morse had been known for his cost-cutting ways that helped Yahoo! add to profits despite slipping revenue. CEO Marissa Mayer is believed to be willing to put more money into products and remove ads that clutter Yahoo! pages in order to please the Web site's audience.


Nook is trending as two new tablets have been announced.

Barnes & Noble (BKS - Get Report) announced two new Nook tablets Wednesday that will be available in two sizes. The 7-inch Nook HD will be priced starting at $199, while the 9-inch Nook HD+ will start at $269. Online orders start Wednesday on the Nook Web site, while the tablets will be available in early November at U.S. retail stores.

Both tablets boast better screens than their predecessors, new email apps and will be able to feature Nook Video and Nook Profiles. Neither tablet has a camera. The 7-inch Nook HD now has the highest resolution display of any 7-inch tablet on the market, at 1440 x 900.

The original 7-inch Nook will now be priced at $179 from $249.


Google (GOOG - Get Report) Play is another popular search. The apps and media store hit the 25 billion mark in terms of downloads on Wednesday.

In honor of reaching the milestone, Google is offering various discounts through the store. Various apps by developers like Electronic Arts and Rovio will be on sale for 25 cents each. The company will also feature lists of 25 recommended movies, albums and books that will be offered at discounts as well.

It took Google Play three years and 11 months to hit the mark, narrowly falling short of Apple's (AAPL - Get Report) App Store, which hit the mark three months sooner.


The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move.

-- Written by Brittany Umar.
Brittany joined TheStreet.com TV in November 2006 after completing a degree in Journalism and Media Studies at Rutgers College. Previously, Brittany interned at the local ABC affiliate in New York City WABC-TV 7 where she helped research and produce On Your Side, a popular consumer advocacy segment.

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