Yahoo! Inc is appointing Scott Thompson as Chief Executive Officer with effect from Monday 9th January. Interim CEO Tim Morse will then resume his role as Chief Financial Officer.

The company removed Carol Bartz from the CEO role in October 2011.

The UK Advertising Standards Authority has upheld complaints against a poster for the EM Radiation Research Trust.

The advertisement showed a mobile phone in the front pocket of a pair of jeans, with a warning message that said “Medical experts are warning men not to keep their mobile phones in their pockets as this can have a direct effect on their fertility”.

Everything Everywhere says China Telecom (Europe) - the China Telecom subsidiary for the EMEA region - is going to launch an MVNO on its network in the next few months. It’s said to be the first time a Chinese telecom operator has launched its own virtual network outside China.

The deal will run via Transatel, Everything Everywhere’s mobile virtual network aggregator.

Happy New Year!  We’re back with our first podcast of 2012, containing the biggest mobile industry news headlines from the past couple of weeks. That means we’re talking about everything from tweeting in court to AT&T, from BlackBerry takeovers to (yet more) patent battles.

As always, you can listen to this week’s edition of The Fonecast on our website audio player, via iTunes, by subscribing to our RSS feed or by downloading the MP3.

Mark Bridge writes:

Chinese mobile manufacturer ZTE has just announced a new mobile phone design philosophy. It’s called “Caring, Creative, Simple, Smart” and - let’s be honest - you could say it sounds a little trite.