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NEW YORK - Shares of Adobe soared in heavy trading Thursday on a report that Microsoft CEO Steve Ballmer discussed a possible buyout of the company.

THE CHANGE: Internet calling service Skype said Monday that Tony Bates, formerly a senior vice president and general manager of Cisco's enterprise, commercial and small business division, is replacing its current CEO, Josh Silverman.

SAN FRANCISCO - Skype is replacing its CEO with a Cisco Systems executive, a change that may indicate the Internet calling service is closer to announcing specific plans for an initial public offering.

SAN FRANCISCO - Skype is replacing its CEO with a Cisco Systems executive.

NEW YORK - The appointment of a German software executive as Hewlett-Packard Co.'s next CEO sends an unmistakable signal that the board of the world's largest technology company is prepared to gamble big on an aggressive push into the software business.
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