All Posts Tagged Tag: ‘Scott Thompson’

Richard Rosenblatt Says Yahoo’s CEO Should Resign

Demand Media CEO Richard Rosenblatt is joining the debate about how Yahoo CEO Scott Thompson should react to the recent uncovering of his false credentials by activist investor Dan Loeb. If you recall, Loeb and his investment firm Third Point felt compelled to dig up some dirt on Yahoo’s leadership after he was denied a seat on the board of …

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Yahoo Selling Shares to Alibaba

Alibaba, China’s largest online business-to-business trading platform, posted Q1 2012 profits of $53.8 million, though Yahoo Inc. is looking to sell a large portion of its shares with the company. Yahoo bought a 40% stake in the platform in 2005, and now Alibaba seeks to buy back some of the ownership, in a deal that could range between $4.8 and …

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Yahoos Still Stirring About Thompson’s False Credentials

Looking back to last week you’ll probably remember that shareholder activist, Dan Loeb and his investment firm Third Point was stirring the pot big time over at Yahoo. In fact, Loeb is darn right pissed off about the professional path Yahoo has been taking and he has been demanding a seat on the board for some time now. He has …

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Yahoo 2012 First Quarter Revenue & Earnings

Those expecting to see a dramatic change in anything at Yahoo yet are simply asking too much. We just learned of the layoffs in recent months and nothing confirmed until the beginning of April. Now that we’ve made it through some layoffs and know a little of CEO Scott Thompson’s plans, we’ll have to see what the reorganization brings to …

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Yahoo!’s Pulse On the Internet Flatlines

Business Insider reports that Yahoo’s internet traffic has been steadily decreasing since 2008. In 2008 people spent a total of 13.8% of their time on the site and as of this first quarter of 2012, 8% was all that was left of that number. Business Insider recently unveiled their new BI Intelligence service and they have used it to produce …

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Yahoo CEO to Outline New Plans Next Week

If you recall, Wednesday Yahoo Inc. announced their definitive intention to layoff over two thousand members of their current workforce. Later that same day, CEO Scott Thompson introduced a letter to his fellow Yahoo employees describing the need for downsizing and restructuring in their organization. In the letter he addressed each of the core components to Yahoo’s business model, and …

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Yahoo Chief Product Officer Quits

Although Yahoo Inc. has not made an official announcement on the matter, it has been reported that Blake Irving, chief product officer for the company, has quit. His resignation is said to have been planned ahead of Yahoo’s layoff announcement earlier this week. Yahoo has been undergoing a massive restructuring, and the new plan will eventually eliminate the department that …

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Yahoo CEO Scott Thompson: Letter To His Employees

You’ve got it, Yahoo! officially confirmed their “real changes” and huge restructuring and downsizing of the internet giant today. Now, Scott Thompson CEO of Yahoo has issued a letter to his employees regarding the changes at Yahoo, obtained by the Wall Street Journal. I think you should give it a read. It’s a sad day for many employees at Yahoo, …

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Yahoo Hopes to Combat Activist Shareholder Third Point

The leadership at Yahoo thinks it can ward off a challenge from activist shareholder Daniel Loeb of Third Point, by aggressively courting three new board members to replace the five that are leaving. The internet giant has already filled two of the five open slots, but now the company is scrambling to bring on the final three, at the face …

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Restructuring, Layoffs Imminent At Yahoo

At the beginning of the year we reported that Scott Thompson, former president of PayPal, had been chosen by Yahoo to replace former CEO Carol Bartz. Now that he’s had time to settle in, it looks like Thompson is getting ready to make some big changes in an attempt to get Yahoo back on track. Citing sources both inside and …

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Yahoo Reportedly Getting Big Reorganization

There are a lot of changes happening at Yahoo these days. Recently, we’ve seen the appointment of Scott Thompson (pictured above) to the CEO position. We’ve seen co-founder and former CEO Jerry Yang step down from all positions at the company. We’ve seen the announcement of key board members stepping down as well. We’ve even seen the introduction of a …

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Yahoo CEO Scott Thompson To Address Advertiser Questions

If you advertise with Yahoo, and you have some questions for Scott Thompson, the company’s new CEO, you can post them on Yahoo’s Advertising Facebook page, and there’s a chance he will answer them. According to the company, Thompson will “tackle a few” in the February issue of Yahoo’s advertiser newsletter. So make them good. Yahoo writes on its Advertising …

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