Noon News: LG Optimus 2 Detailed, Scott Thompson to Head Yahoo!, Lenovo Ultrabook T430u

LG is ready with its LG Optimus 2 - the sequel to its earlier entry level Optimus smartphone launched in 2010 and details of the smartphone have been made available on its official website. The specification shows that the new handset is quite similar to its earlier version having many common features making it more or less a mid-range smartphone.

Scott Thompson, president of PayPal, has been appointed as the new chief of US internet firm Yahoo! The struggling firm dismissed chief executive Carol Bartz in the month of September as she was not successful in turning the company's fortune around.

Chinese PC maker Lenovo has announced its next ultra-thin 14-inch laptop, an ultrabook if I may say, dubbed the T430u a week before the Consumer Electronics Show (CES) 2012 to be held at Las Vegas. The new T430u will be on display at the CES next week and will be made available from the third quarter of this year in UK.

IBM has disclosed that they are acquiring cloud software as well as quality testing solution specialist Green Hat without revealing any financial details about the acquisition. Green Hat is a privately held firm and this acquisition will help IBM to improve their software development services portfolio.

Web browser maker open source outfit Mozilla has released the second version of the Mozilla Public License (MPL), the company announced on Tuesday. Mozilla stated that the new offering will facilitate users to have compatibility with both GPL and Apache licenses, thus eventually resulting in a wider availability of code for reuse in the Mozilla project.