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…