Today’s Top Stories: Yahoo CEO Apologizes for Botched Bio, Toshiba Posts $899 Million Profit

Welcome to this morning’s edition of “First To Know,” a series in which we keep you in the know on what’s happening in the digital world. Today, we’re looking at three particularly interesting stories.

Yahoo CEO Apologizes for Fake Info in His Biography

[More from Mashable: 4 Tips For Gamifying Your Marketing Plan]

Yahoo CEO Scott Thompson has issued a memo to all Yahoo employees, apologizing for the fake science degree in his biography.

“As I told you on Friday, the board is reviewing the issue and I will provide whatever they need from me. In the meantime, I want you to know how deeply I regret how this issue has affected the company and all of you,” said Thompson in the memo, without giving any clarification on how the fake information ended up in his biography.

[More from Mashable: Jury Issues Partial Verdict in Google-Oracle Trial, Big Questions Still at Stake]

Toshiba Posts $899 Million Profit for 2011

Toshiba has revealed its consolidated 2011 and Q4 2011 financial results, posting a 73.7 billion yen ($899 million) profit on net sales of 6,100 billion yen ($74.4 billion) for the year. This is a significant drop from the $1.7 billion the company has made in 2010; Toshiba blames the European debt crisis and the aftermath of the Great East Japan Earthquake for the lower results.

Jury Issues Partial Verdict in Google-Oracle Trial

Although a federal jury found that Google infringed on Oracle’s Java-related patents, some questions still remain unanswered. Most importantly, the jury was unable to determine whether Google’s use of Java constituted “fair use.”

Now, both sides want further clarification and actions from the judge: Google has motioned for a mistrial, and Oracle has motioned for the presiding judge to issue his own verdict. The judge will make his ruling on both matters later in the week.

Image courtesy of iStockphoto, mattjeacock

This story originally published on Mashable here.

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes