Priceline.com founder hits the road

The board of directors of priceline.com said that Jay S. Walker, who had been the board's vice chairman and company founder, is stepping down from the board. Walker recently assumed the role of CEO at Walker Digital, LLC, a Stamford, Conn.-based intellectual property developer that invented priceline.com's business model. Walker said he was leaving priceline.com effective Dec. 31, in order to focus on Walker Digital, including the licensing of its intellectual property portfolio and commercialization of several related services.