Rumor mill: Thompson to become Secretary of Commerce Nominee

Rumors, which supposedly had stemmed from a Democratic party source, has it that John Thompson, the current and outgoing Chief Executive of Symantec, will become President Obama's nominee for Secretary of Commerce. With experience in the critical world of technology corporations, Thompson is considered by many to be a potential strong candidate.

Thompson, a multi-year veteran of the Silicon Valley, has served in a multi-year tenure with Symantec and has led significant corporate growth, resulting in Symantec becoming of the world's largest security software corporation. Thompson, who has supported Obama's campaign, holds degrees from Florida A&M University and Massachusetts Institute of Technology.

New Acting CEO for Apple as Steve Jobs takes health leave

Apple has announced that Steve Jobs will be taking health leave as he realized his health situation was worse than previously thought. Timothy Cook, the Chief Operating Officer, will take his place while Jobs rest.

Such changes will sure temporarily affect the company's stock prices. However, Jobs is expected to return June . I am assuming that upon his return, the unspoken transition will continue.

Best of luck to Jobs, Cook, and Apple!