Microsoft Smartphone Chatter, Yahoo! Names New Exec: Tech Biz Wrap

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A possible smartphone by Microsoft Corporation (NASDAQ:MSFT) continues to be the center of speculation, with the Wall Street Journal saying that the firm is collaborating with component suppliers in Asia to test a design, though it’s uncertain that such a device will be mass produced. Steve Ballmer, in a interview this week, would not comment on the matter.

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Yahoo! (NASDAQ:YHOO) chooses Adam Cahan, who was the founder and chief executive of the TV content indexing startup IntoNow before its 2011 purchase by Yahoo, to lead its mobile efforts along with Flickr. Prior to joining IntoNow, Cahan worked with a number of media companies and also with Google. Yahoo Chief Executive Marissa Mayer recently suggested that half of Yahoo’s workforce should be working on mobile.

The Indian Air Force is now soliciting offers from a number of firms worldwide for six additional aerostat radars worth more than $400 million in a move said to avoid placing repeat orders with Israel’s Rafael. The list of possible bidders includes Northrop Grumman Corporation (NYSE:NOC), Lockheed Martin (NYSE:LMT), and BAE Systems (BAESY.PK).

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