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Yahoo announced the nomination of three new board members, including company co-founder David Filo, who earned the nickname and formal job title of "Chief Yahoo." Filo was named along with Charles Schwab, head of a big investment firm bearing his name, and H. Lee Scott, former president and chief executive at Walmart. "As a co-founder and long time Chief Yahoo, Filo is the heart and soul of the company and in re-joining the board, he adds 19 years of deep and personal knowledge of Yahoo's business and culture to the conversation," Yahoo chief executive Marissa Mayer said.
MOKPO, South Korea (AP) — Fears rose Thursday for the fate of 289 passengers still missing more than 24 hours after their ferry flipped onto its side and filled with water off the southern coast of South Korea.
Jindo (South Korea) (AFP) - South Korean rescuers and dive teams worked frantically under floodlights as fears rose for nearly 300 people missing after a ferry sank Wednesday with 475 on board, mostly high school students bound for a holiday island. Yonhap news agency said 179 people had been rescued, citing national coastguard officials, leaving 290 unaccounted for. "I'm afraid there's little chance for those trapped inside still to be alive," one senior rescue team official, Cho Yang-Bok, told YTN television as divers struggled to access the submerged multi-deck ferry. Some slid down the steeply inclined side of the ferry and into the water as rescuers, including the crew of what appeared to be a small fishing boat, pulled them to safety.