Business New Yahoo CEO arrives: why his company isn't dead yet

As former eBay executive, Scott Thompson takes the helm at Yahoo the company confronts some big strategic hurdles, but it hasn't been wiped off the Internet map just yet.

By , Staff writer

Paul Sakuma/AP

Yahoo Inc. named a new chief executive officer Wednesday, a long-awaited step in an effort by the Internet firm to find a strategy for success in the era of Google and Facebook.
 
Scott Thompson, the incoming CEO, is moving from eBay Inc., where he headed the PayPal division for processing online payments by consumers.
 
No one thinks he'll have an easy job.