AP - Yahoo Inc. averted a showdown with rabble-rousing investor Carl Icahn on Monday by giving him three seats on its board of directors in a truce that still leaves the door open for a possible sale to Microsoft Corp.

AP - Shares of Apple Inc. fell sharply as investors focused more on the company's cautious guidance for the current quarter than on the blockbuster Macintosh and iPod sales during the previous three-month period.

Reuters - Facebook Inc. is making sweeping changes to the world's largest social networking site, aiming to give users more control and to curb new forms of spam, company officials said late on Sunday.

AP - Given that he was ousted from the top job at a struggling AOL, Jonathan F. Miller might not seem a natural candidate to advise its Internet rival Yahoo Inc. But Miller was instrumental in transforming AOL into an advertising company, giving him expertise in a field Yahoo must master.

AP - Yahoo Inc. averted a showdown with rabble-rousing investor Carl Icahn on Monday by giving him three seats on its board of directors in a truce that still leaves the door open for a possible sale to Microsoft Corp.