eEye founder calls it quits
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eEye Digital Security founder Marc Maiffret has left the company and plans to launch a new venture, developing next-generation mobile phone software for the corporate world.A noted hacker, Maiffret co-founded eEye in the late 1990s with Firas Bushnaq and had served as the company&#39;s CTO, overseeing a staff of about 30 engineers. Bushnaq stepped down as CEO in 2006, and Maiffret said that he&#39;d started thinking about leaving to pursue other startup ideas earlier this year. &quot;I&#39;d been doing it a long time,&quot; he said Wednesday. &quot;I started the company when I was 17 and had been doing it the last 10 years.&quot;The 70-person company, based in Aliso Viejo, California, has been going through some bumpy times lately.&#160;Bushnaq&#39;s replacement, Ross Brown, was fired earlier this year, and eEye also recently shut down its Orange County sales offices.Maiffret said that this had nothing to do with his departure and that he&#39;s leaving eEye in good shape, however. &quot;Today, it&#39;s pretty much an engine that&#39;s been running itself,&quot; he said. He stopped working for eEye in September but didn&#39;t announce his departure until this week. eEye representatives could not be reached immediately for comment, but Maiffret said that the company has not yet found a replacement CTO.He will be doing some consulting work and developing the new software for Windows- and Blackberry-powered mobile phones, which he expects to unveil in the first quarter of next year. &quot;Everybody has these miniature computers in their pockets, but nobody is doing anything interesting with them,&quot; he said.Although the new product will not be security-related, Maiffret said he expects to remain involved in the security research community, where he also plans to do consulting work as a self-described &quot;CTO for hire.&quot;&quot;I&#39;ll probably be more involved in [security research] now,&quot; he said, &quot;because being CTO of eEye didn&#39;t leave me with a lot of personal time to do hands-on research.&quot;
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Photographic retailer Jessops announces its chief executive is quitting as it unveils another fall in sales.
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Cammie Dunaway latest in series of executives to leave search company Yahoo.
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Business & money: Terry Semel steps down after six years to be replaced by co-founder Jerry Yang.
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UK mesh pioneer taken out of administration
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One of the key developers of Bluetooth is shutting down the division that helped foster the personal area networking technology. Ericsson has already started to shut down its 125-worker Technology Licensing
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The executive who led Microsoft Corp.'s Web search division is leaving the his post with the software maker to start his own business, Microsoft people aware of the situation said Wednesday.
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The controversial game publisher pulls the plug on a game, for now.
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Notorious adware maker DirectRevenue has closed shop.The company, which was recently doing business as Best Offers, gave no reason for its sudden closure, which was announced on its Web site. &quot;Best Offers and Direct Revenue have ceased operations. To service legacy consumers, we are maintaining this page of uninstall instructions, an uninstall software tool, and an e-mail based support service.&quot;E-mail sent to the Gmail address listed on the company&#39;s Web site was returned as undeliverable.DirectRevenue was founded in 2002, but it managed to make a lot of people unhappy during the course of its short life. Its software, which was often installed without user consent, would bombard victims with unwanted pop-up ads and was difficult to remove.The company was fined $1.5 million by the U.S. Federal Trade Commission in February and it was also&#160;sued by the New York attorney general. Critics called the FTC fine a slap on the wrist, however, as the company is thought to have made more than $20 million from its questionable business practices.&quot;This is a business that never should have existed,&quot; said Ben Edelman, a critic of the company who is an assistant professor at the Harvard Business School. &quot;They never did anything useful for users and merely preyed on victims too trusting or hurried to protect themselves from DirectRevenue&#39;s attacks.&quot;Company management had recently positioned Best Offers as a legitimate software company, and Edelman said that he did not know if they were planning on continuing in business under a different name.&quot;The people behind this company walked away with tens of millions of dollars,&quot; he said. &quot;They&#39;ve got the money. If they&#39;re smart, they&#39;ll take it and run.&quot;
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Former cohosts, special guests and future competitors joined   Gibson as he said farewell to the morning show Wednesday after nearly   two decades as coanchor.
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Terry Semel has quit as  chairman of the board of Yahoo, the company said late Thursday.
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A Microsoft executive who helped develop the company'sÂ new Zune music playerÂ and other products is leaving the company, Microsoft said Wednesday.
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Lotus Development founder Mitchell Kapor will begin to phase out his involvement and investment in the Open Source Applications Foundation.
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Venture capitalist who helped launch the computer maker in 1982 will step down in November.
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SunRocket, an Internet telephone company, has ceased operations, according to a person briefed on its status.
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Blog: Yahoo Finance general manager leaves
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Terry S. Semel, the ex-chief executive who is credited with reviving Yahoo and then losing touch, is leaving the companyâs board.