Click "Insert" at the top of the PowerPoint 2010 window. Click "Hyperlink" in the Links group, at the top. The Insert Hyperlink window pops up.

Click and highlight the link that you want to rename. Click "Insert" in PowerPoint's menu bar. Click "Hyperlink" from the ribbon's Links tab. This opens the Insert Hyperlink dialog box.

Learn how to link text, webpages, charts, images, graphics to a selected slide, an Existing File, a Webpage, an Email or ScreenTip for linked graphics.