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News@5: HP Names Former SAP Chief As CEO, Microsoft Windows Phone 7 & Liquid Galaxy

Hewlett Packard (HP) has announced the name of its new chief executive officer, refuting all speculations and guesses placed by industry insiders since Mark Hurd resigned from his post. HP’s board of directors has unanimously voted Leo Apothekar as its new CEO and president.

New statistics have revealed that Facebook has surpassed Yahoo to become the second most visited site in the Online Video Content Ranking. According to new data released by comScore, nearly 58.6 million web users in the United States used Facebook to view online videos in August, surpassing Yahoo, which ranked number three with 53.9 million viewers.

Google has open sourced its Liquid Galaxy project, a part of its Google Earth program, in a bid to offer it to the public. Liquid Galaxy has been demonstrated by Google in numerous tech conferences and has even installed in the Tech Museum in California.

Microsoft will be rolling out a range of Windows Phone 7 smartphones at an 11 October event to be held in New York. Citing people familiar with Microsoft's launch plans, the Wall Street Journal has reported that Microsoft will unveil the new line-up at an event in New York that will be beamed all over the world via satellite.

Everything Everywhere, the mobile phone company born from the Orange and T-Mobile merger, will be axing 1,200 jobs. The move is designed to cut costs of up to £3.5 billion and expand profit margins.