Could Apple be preparing to spend its $18 billion cash hoard on acquisitions? Apple has hired Charles Charnas, an 18-year HP veteran who oversaw the $25 billion merger between Compaq and HP, to run Apple's intellectual-property licensing and strategic acquisitions. But don't count on Apple making any Yahoo-sized purchases. The company prefers to spend its cash in small amounts, buying talent and patents instead of large businesses which require integration. [9 to 5 Mac]

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