Scott Thompson, who served as the last official Yahoo CEO before Marissa Mayer (not including interim CEO Ross Levinsohn) has now taken the job of CEO at retailer network ShopRunner. He already has experience on the company’s board, and will…
Yahoo’s Reconditioned Board will Reconvene Next Week
Yahoo and their board of directors have been through a lot lately. Most recently they have lost their CEO, Scott Thompson after a brutal proxy battle with activist shareholder Dan Loeb. They have also lost Pati Hart, co-founder Jerry Yang,…
Yahoo Ready to Find Replacement CEO
Yahoo is ready to start searching for a new CEO. As you may recall, Scott Thompson resigned after a rather lengthy proxy battle with activist investor Dan Loeb a his investment firm, Third Point. The surprising climax of that battle…
Scott Thompson Steps Down From F5 and Splunk Inc.
Scott Thompson’s not so subtle departure from Yahoo left some wondering if he in fact, does have health problems or just fabricated a clever excuse to sidestep allegations that he intentionally perpetuated the myth that he held a bachelors degree…
Thompson Leaves Yahoo with No Severance but Makes Millions
As you may recall, Yahoo and CEO Scott Thompson have agreed to part ways as of yesterday. Thompson, who found himself locked in a battle with activist Yahoo investor Dan Loeb and his venture capital firm Third Point, was accused…
Scott Thompson Leaves Yahoo After Cancer Diagnosis
Some of us may have had our doubts about Scott Thompson’s claim that he had nothing to do with the perpetuated myth about him having a computer science degree, but regardless he has agreed to step down from his position…
Best Buy Founder Resigns
It was just reported that former Yahoo CEO Scott Thompson resigned after being called out by Dan Loeb and Third Point for padding his resume. Thompson, who had been peddling a fake computer science degree for some time, made national…
Yahoo Elects New Leadership as Thompson Steps Down
As I reported earlier today, Scott Thompson has decided to step down at Yahoo as CEO citing recently discovered health problems as the main reason. Some may say it comes at very convenient time as he was actively trying to…
Yahoo CEO Resigns and Third Point Wins Proxy Battle
Last week was a tough one at Yahoo. It started early in the week with CEO Scott Thompson trying to sidestep direct accusations that he purposefully introduced false academic credentials that showed he held a computer science degree. Claiming that…
Yahoo! CEO Never Actually Gave Out False Credentials
The newest development in the Yahoo fake credentials debacle has surfaced and it has to do with how the fake credentials made their way into CEO Thompson’s biography. The first thing is that Thompson claims he never actually provided a…
Yahoo Director Resigns After Discovery of False Credentials
The latest development in the Yahoo scandal over false credential is here and this time one of the parties involved has resigned their position. Patti Hart, who was listed in a letter to the board from activist investor Dan Loeb,…
Scott Thompson is Sorry About the Disruption
I am sure by now you have heard that the proxy battle between the Yahoo board of directors and activist shareholder Dan Loeb and his firm Third Point has gotten a little ugly for the leadership over at Yahoo. Essentially…
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…
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,…
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 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…
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…
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…
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…
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…